

Obtain your wage withholding account number from the Colorado Department of Revenue.Obtain your federal tax identification number from the IRS.Understand the tax implication of the entity you are using for your business.

Establish a business bank account and credit card.Contact your accountant for bookkeeping and account management.Create a business plan, budget, cash flow projections, and determine working capital needs.Determine if and how you will be selling stock.Are you going to apply for “S” corporation status? Document buy-sell agreements between shareholders if applicable.Patent and Trademark Office for information on state and federal trademarks and copyright. If applicable, contact the Secretary of State and the U.S.More information on filing a trade name with our office can be found on our FAQs. To file a trade name with the Colorado Secretary of State, go to your entity record and file a statement of trade name. Decide if you are going to do business under a name other than the entity name.Determine which officers are authorized to sign checks.

