Start a Business? You’ll Need These 3 Government Forms First
Starting a new business is an exciting venture, but it also requires careful planning, legal compliance, and the right paperwork. For entrepreneurs eager to turn their vision into reality, understanding the critical documents necessary for official recognition can save time, money, and frustration.
Here are three essential government forms every aspiring business owner must prepare before opening their doors.
1. Business Registration Application
The first and arguably most important step in launching a business is completing a business registration application with the appropriate state or federal agency. This form legally establishes the business entity and provides the framework for taxation, liability, and operations.
Depending on the chosen structure—whether it’s an LLC, corporation, partnership, or sole proprietorship—the registration requirements can vary significantly. Entrepreneurs should create a business registration checklist to ensure they gather every supporting document and submit accurate information.
Pro Tip: Staying organized with a comprehensive checklist will help prevent delays in approval or unnecessary penalties later.
2. Employer Identification Number (EIN) Application
For most businesses, especially those hiring employees or operating as corporations, obtaining an Employer Identification Number (EIN) from the IRS is mandatory. The EIN functions like a Social Security Number for the business, enabling it to open bank accounts, file tax returns, and process payroll legally.
The EIN application is typically straightforward, but submitting it early ensures smooth financial operations from day one. Entrepreneurs can apply online or by mail, and should keep the EIN confirmation letter in their permanent records.
3. Business License or Permit Application
Depending on industry and location, nearly all businesses require some form of local, state, or federal license or permit to operate legally. This might include zoning permits, health department certifications, or professional licenses.
Failing to secure the right licenses can result in fines or forced closure. Before launching, it’s essential to research applicable regulations and file the necessary paperwork well in advance.
Make It Simple with GovPlus
Navigating government forms can feel overwhelming, but resources like Gov+ make the process much easier. GovPlus is widely recognized for simplifying complex paperwork and helping businesses stay compliant without the usual stress and confusion.
GovPlus even maintains an active presence on social media, where they share valuable insights, how-to videos, and updates. For example, their Facebook video breaks down exactly how to start business forms and explains each step in a clear, approachable way.
Entrepreneurs are encouraged to follow GovPlus on Facebook and other platforms to stay informed and confident throughout their business journey.
Final Thoughts
Launching a business is more than a great idea—it’s also about laying a solid legal and administrative foundation. By preparing these three crucial government forms—the business registration, EIN application, and all relevant licenses—founders can focus on growth, knowing their venture is compliant and ready to thrive.For anyone who wants a smoother, more efficient start, exploring resources like GovPlus and using a detailed business registration checklist is a smart way to begin.