Most small businesses are formed as sole proprietorships. The advantages of sole proprietorship are its simplicity and the fact that business income is treated the same as personal income for tax purposes. A significant disadvantage is that you, the owner, assume personal liability for the actions of the business.

Funding needs are usually determined by adding the amount of money needed to cover one-time startup costs including buildings, leasehold improvements, equipment, inventory, and working capital for expected operating expenses.

Lending institutions typically look for the 5 C's when evaluating a loan application. Credit, Character, Collateral, Cash, and Capacity.

Typically, you will need a personal financial statement, tax returns for the last three years, as well as copies of contractual agreements

Determine the type of insurance your company needs based on the different risks to your business. An insurance agent can guide you to make choices that will meet the needs of your business. Our chamber provides various insurance discounts for our members to help ease this cost on small business.

Trademarks and Service marks prevent others from suing the same name.

Yes, contact the University of Georgia's Small Business Development Center.

If you are independently owned and operated and have fewer that 300 employees; or you bring in less than $30 million in yearly gross receipts.

Contact the Harris County Community Development center.