Thinking of Starting a Business?
The Bartlett Chamber actively supports new business and expansions in the Bartlett area. Our staff stands ready to assist your business with: selecting the ideal location, reviewing your incentive entitlements, obtaining the appropriate permits, identifying your workforce, and all other relevant matters. Our goal is to ensure that you and your company experience a pleasant and productive business environment. Call us at 901-372-9457.
First Horizon Bank is the Bartlett Chamber's small business advocate, partnering with small businesses on all of their financial needs. See how they could help you here
For an individual wishing to start a business we recommend taking these initial steps:
First Horizon Bank is the Bartlett Chamber's small business advocate, partnering with small businesses on all of their financial needs. See how they could help you here
For an individual wishing to start a business we recommend taking these initial steps:
1. Develop a Business Plan
In today's highly competitive market, no one should start a business without a basic Business Plan. There are many free models available as well as numerous organizations offering advice at no or little charge. Business professionals and consultants offer more in-depth service for a fee. The following links should help get you started:
2. Determine Your Place of Business
Choosing the appropriate location for your business is important whether it is retail, wholesale, service, manufacturing, etc. Most local jurisdictions have restrictions on the types of business that can operate in certain areas. Many communities have restrictions on home-based businesses. Check with the local planning office in the city you plan to do business to determine if your business type is allowed in that specific area.
3. Obtain your 'Employer Identification Number' (EIN)
is also known as a Federal Tax Identification Number, and is used to identify a business entity. Generally, businesses need an EIN. Individual businesses with one employee may, in most instances, use their social security number.
You may apply for an EIN in various ways - to apply on-line: Internal Revenue Service
You may apply for an EIN in various ways - to apply on-line: Internal Revenue Service
4. Obtain the Appropriate Business Licences
Most local governments (city & county) require you purchase a business license if you plan to do business within their jurisdiction. You may not officially begin your business until you have registered with the local jurisdictions. Sole Proprietorships and basic Partnerships may only require a business license from your local jurisdiction. Corporations, Limited Liability Corporations and other types of corporations must be registered through the State of Tennessee's Secretary of State Office.
5. Obtain the Appropriate Permits
Most businesses outside of the home will require permits issued by state and local government to ensure compliance with specific codes and regulations. Contact the local Planning Office and the Code Enforcement Office for details.
