Starting a Small Business in the US

Here's the big picture for starting a Korean-owned small business such as a restaurant, salon, or dry cleaner.

Basic steps

1. Choose and register your business structure (LLC, S-Corp, etc.)
2. Get an EIN (Employer Identification Number)
3. Confirm licenses and permits by industry and location
4. Register for sales tax
5. Buy commercial insurance

Licensing requirements differ by industry, state, and city. Getting professional help (CPA, attorney) for accounting and legal matters early on saves money in the long run.