Congratulations on your decision to embark on a new business venture!  As an entrepreneur in Denver 20 years ago, I wish someone had given me a roadmap to starting a business that would have provided a checklist of government requirements and helped me find the much needed resources I sought.

So, to save you the time and ensure you have all that you need to know in one handy place, we have outlined a nine step process to help you successfully start your own small business.  The requirements may vary according to the type of business you intend to start, but following nine steps will put you on the highway to success.  We've summarized the nine steps below but you can download the complete document by clicking the following link:  Nine Steps to Starting Your Business.

- John W. Hickenlooper, Mayor

Step 1:  Gather Information
Within the boundaries of the City and County of Denver, you will find many resources as you research the structure, location and potential of your new business, such as the Denver Business Assistance Center (BAC), SBA, other local economic development organizations and libraries.

Step 2:  Create a Business Plan
Many business fail without a well thought-out business plan. Furthermore, banks will require that you have one prior to being considered for a loan.

Step 3:  Determine a Business Name
Choose your business name and register it with Colorado's Secretary of State Office.

Step 4:  Determine Business Legal Structure
Determine the legal structure of your business and register it with Colorado's Secretary of State Office.

Step 5:  Select a Site
Select a site for your business and visit Denver's Community Planning and Development Department to determine the zoning requirements prior to signing a lease or contract.

Step 6:  Obtain Permits & Licensing
Visit Denver's Excise and Licensing Department to determine your business activity type and obtain the permits and licenses you need.

Step 7:  Tax Information & Denver Treasury
Check and register with the appropriate city, state and federal agencies to obtain the necessary tax information you need for your business.

Step 8:  Employer Responsibilities
Employers must register as an employer, pay additional taxes, withhold, match and submit employee withholdings, obtain worker’s compensation insurance and adhere to employee eligibility regulations.

Step 9:  Obtain Financing
Financing the initial expenditures is one of the most important steps in starting a business venture.