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Mar 20, 2025 ... What new business owners need to know about federal taxes · Selecting a business structure · Employer identification number (EIN) · Business ... geauxBIZ can help you find resources to help plan, make key financial decisions, and complete legal activities necessary to start your business. To help you navigate the process, key steps are outlined below. Each new business owner's process will vary depending on your situation. We divided the process of starting a business into seven basic steps. It is advisable to seek the guidance of a professional tax consultant, accountant and/or ... Steps for Starting a Business: Step 1 - Business Structure and Name Availability, Step 2 - Federal Tax Registration, Step 3 - Register Your Business. Eligibility. To participate in START-UP NY, your company must meet the following requirements: Be a new business in New York ... A great first step for you is to attend our BizAid Business Orientation online. This free class serves as an introduction to resources available to small ... You may need additional information to meet the legal requirements for starting or operating your business. NYC Logo. © 2025 City of New York. All Rights ... Looking to launch a new business in 2025? Discover the best small business ideas for your niche, budget, and skill set to jump-start your entrepreneurial ... 1. Register Your Business. The way your business is structured affects taxation, legal and financial liability as well as decision-making authority.