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Starting Your Own Business in Broward

There is a lot of people that want to open their own business but are confused by the politics involved in getting started. The good news is that there is a simpler way to get your business started without having to feel overwhelmed in the process. Many of the Websites that assist people with businesses do not cover everything especially when it comes to opening a business in Broward County. A lot of these sites are written by people that are experienced business owners but they do not have the ability to break down the information needed by the average person seeking to be an entreprenuer.

Broward Business Guide will give you the ability to take advantage of the opportunities and online resources that will help you become successful. With that being said this guide is written with the assumption that you already know the type of business that you would like to operate and have done the research needed to be confident in the type of product and/or services that you would like to offer your customers. Knowing what you want to provide is the most critical part of business planning because it is essential to know that your business has a potential to be benefitial and profitable to everyone involved. Once you have determined the path that you would like to take with your business venture then this guide will be a inexhaustable resource for you to get started and operate your business successfully.

Quick Links

Getting started with your business is pretty easy and straight forward if you follow the steps provided by the state, county and city that you reside in.

Broward County Small Business Assistance
There are many businesses that require a license or a permit by Broward County. You can do a search to find out if your business needs a License, Permit or License in order to operate in the county by clicking on the link (Broward County ePermit) Once you find out if you need a license for your business, the Broward County Website will provide you with all of the information that you will need to know to aquire a license
Registering Your Fictitious Name
Business Resources
Quick Links
You will be able to access important links and video from the IRS at the drop down box below.
Business Plan Software (Video)
Business Tax Workshops
Fort Lauderdale
Location: Keiser University, 1500 NW 49th Street, Ft. Lauderdale, FL 33309
Registration: Visit the Broward SCORE website or call 954-356-7263
Sponsored By: Broward SCORE

Location: Various times at various sites around Boca Raton and West Palm Beach
Registration: Visit the Small Business Development Center in Broward website, call Gary Cole at 954-762-5235 or email info@SBDCfortllauderdale.org
Sponsored By: Florida Small Business Development Center

IRS Virtual Workshop

Step 1. The Idea

I’m pretty much old school and in that respects I think of Ralph Kramdon of the Honeymooners who always had an idea for a business but never really did anything about it. There are a lot of people out there that think like that and I’m sure everyone gets these flashes of inspiration and wonders. “What if it actually worked?” Now a days having a business is not a luxury it is a necessity if you want to be financially independent. There was a time when you could get by with just a job however the way that the economy is you have to have an additional income to make ends meet. This is especially true if you have a skill or a trade that is in demand because more likely than not you may be working for less money than you are worth. If you have an idea for a business  it is important that you at least research your options because you could be cheating yourself out of a successful business venture. An idea is just an idea unless you bring it to life. You can start a business with any good idea and any service it does not have to be a technical or professonal business. Landscapers, cleaning businesses and even mobile car wash services do very well when they are planned accordingly and marketed properly. So don’t give up on your idea just because it is not “trending” because business will always be good if you market correctly, do good work and use your capital wisely.

Here are a few Web site articles that will help you decide on the approach to finding the best business idea for your skills.

Step 2. Planning

Now that you have determined what product or service that you would like to provide and your research has confirmed that what you are offering has a demand it is time to develop a business plan to navigate each step of the process of making your idea into a reality. No one knows everything so it is important that you find people that will be able to help you with the planning process.  The SBA is a great place to start because they have free consultation by industry leaders You can reach them at

Quick Links

IRS links to their resources for Small Business Owners will give you a better explaination of the EIN number and why you need one in order to operate your business. The links below will give you the ability to find all of the information that you need directly from the IRS in order to make your business run smoothly.

IRS Links
Links to the IRS will help you to prepare for your journey into Self Employment

Business Tax Workshops
Fort Lauderdale
Location: Keiser University, 1500 NW 49th Street, Ft. Lauderdale, FL 33309
Registration: Visit the Broward SCORE website or call 954-356-7263
Sponsored By: Broward SCORE

Location: Various times at various sites around Boca Raton and West Palm Beach
Registration: Visit the Small Business Development Center in Broward website, call Gary Cole at 954-762-5235 or email info@SBDCfortllauderdale.org
Sponsored By: Florida Small Business Development Center

IRS Virtual Workshop

Step 3. Building a Business Plan

After determining your business goals it is time to put them into writing in a format that can be understood by other people that may be able to assist you with building your business. You don’t have to be a Harvard grad to write a business plan but there are some elements that you must have if you want the plan to be effective.

After using several types of business planning software I found that Live Plan has been the best tool for building a business plan because Live Plan has 100’s of business plan samples that you can use to jump start your business planning ideas. Also, you can build your plan on your personal computer or in the cloud so you can access it on any computer.

SBA.gov recommends that a business plan includes;
Executive summary – a snapshot of your business.
Company description – describes what you do.
Market analysis – research on your industry, market, and competitors.
Organization and management – your business and management structure.
Service or product – the products or services you’re offering.
Marketing and sales – how you’ll market your business and your sales strategy.
Funding request – how much money you’ll need for next 3 to 5 years.
Financial projections – supply information like balance sheets.
Appendix- an optional section that includes résumés and permits.

Quick Links

Getting started with your business is pretty easy and straight forward if you follow the steps provided by the state, county and city that you reside in.

Regristration fees for the State of Florida Fictitious Name Regristration is $50.00 and $30.00 for a Certified Copy and $10.00 for a Certification of Status.

Florida LLC Name Search
Florida DBA Video

Step 4: Getting Your Fictitious Name Registered

It is possible to run your business with your own name but if you would like to have a fictitious name to represent your business you must register your business name with the State of Florida Website by clicking this link. As of the time of this Website the fictitious name registration is $50.00.

Your fictitious name is usually called DBA or doing business as and is critical to have your business name registered in order for you to open a business account, purchase business assets and conduct business using the business name that you have selected. (Please Note: It is illegal to operate a business under a fictitious name without it being registered with the State of Florida.) There are links to the Florida Sunbiz Website on the dropdown box to the right that will give you the ability to search to make sure that the business name that you came up with is not already taken. (Please note you are not able to open or operate a business with a similar business name as an existing business.

When is DBA used?

DBA (Doing Business As) is used in cases where someone openes a business that may have to be distinguished  from other businesses that may be similar in nature as in a franshise. (Example: A person may open a McDonalds franchise and have the ability to use the McDonald name on the store front but the actual paperwork for the business would be noted as a DBA. John Davis DBA McDonalds) This would mean that John does not own McDonalds so all of the internal correspondance especially with the financial institutions would be listed as John Davis DBA.) John Davis can be replaced by the name of another company registered by John Davis and in that case the documents for the business would read Davis Corporation DBA McDonalds.) I am not sure how McDonalds has their franchisers use their DBA however this is just one of the uses for the DBA in business.

You can find more infromation about using a DBA for your business by clicking (More)

I also recommend that if you plan to use a DBA that you seek legal counsel to assist you with having the DBA. In my experiences most people starting out can open their business with the fictitious name regristration. If in doubt you can get more information on one of the links below.

Quick Links

The SBA is an excellent organization to get real world advice from industry experts for free.
Choosing Your Business Structure (SBA)
Branding Your Business

What do you want your business to represent?
Florida DBA Video

Step 5:Determining Your Business Entity

there are several ways that you will have to determine the type of business entity you would like to operate. Each business is different based on they type of business, the amount of people that will be working with you and if they have a stake in the business with you. No one can really tell you what entity is the best option for you that is something that you and your attorney or accountant will have to decide on however if you are not able to afford an attorney or an accountant right now you can do a little research to find out the best entity for your business by going to the web links below.

You Make The Decision.

Most people that are just starting out in business usually go with the sole proprietorship however after a while that may not suit your needs especially when you start to grow and begin to build a revenue for your business. Remember, the IRS determines that if you are not making more than $600.00 in your business then it is considered a hobby. But remember whatever entity you choose that there are tax stipulations and benefits for each of them. When you start to choose a corporation, LLC Partnership or S Corporation it is important that you look up sound legal advice.

Thank you for visiting our Small Business Start Up Page. We are still adding more exciting information so you can build your idea into a thriving business.

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