Turning your passion into a successful business can be accomplished by starting a business in Tennessee. No matter what kind of business you want to launch—a sole proprietorship, an LLC, or anything else—Tennessee provides a multitude of options and resources to support you in realizing your dreams. In this article, we’ll go over the processes you need to follow to launch your own company in Tennessee, such as how to register an LLC and how to form a sole proprietorship. We’ll also explain what a “doing business as” (DBA) name is and provide examples of sole proprietorship companies. How to Form a Tennessee Sole Proprietorship
The simplest and most straightforward type of business structure is a sole proprietorship. Simply register your business name with the county clerk’s office in the county where your business is located in Tennessee to complete the procedure. Depending on the kind of business you’re launching, you’ll also need to secure any required licenses and permits. Why Is DBA Important and What Is DBA?
DBA, or “doing business as,” refers to a moniker a company employs in place of its legal name. You must submit a DBA to the county clerk’s office, for instance, if your legal name is John Smith and you wish to launch a landscaping company named Green Thumb Landscaping. By doing this, you’ll be able to conduct business using the moniker “Green Thumb Landscaping” rather than your own name. Examples Of Businesses That Are Run By A Single Owner
Small business owners choose sole proprietorships since they are simple to set up and don’t involve a lot of paperwork. Freelancers that operate single proprietorship enterprises in Tennessee include photographers, graphic designers, and authors. Lawn care, cleaning, and handyman services are just a few examples of service-based companies that frequently run as sole proprietorships. Can I Create an LLC on My Own?
In Tennessee, you can submit an LLC by yourself, yes. There are a few more procedures, but the procedure is identical to registering a single proprietorship. You must first choose an LLC name and confirm that it is available. To do this, use the online company name database maintained by the Tennessee Secretary of State. After deciding on a name, you must submit Articles of Organization to the Secretary of State’s office along with the appropriate filing fee. Depending on the kind of business you’re launching, you’ll also need to secure any required licenses and permits.
Finally, establishing a business in Tennessee can be beneficial, but it need careful planning and preparation. Be careful to complete your research, get any necessary licenses and permits, and, if necessary, seek professional guidance before beginning a sole proprietorship or an LLC. You’ll be well on your way to realizing your entrepreneurial goals in the Volunteer State by following these steps.
Yes, you can still require a business license to conduct business in Tennessee even if you have an LLC. Depending on the kind of business you’re launching and the city or county where you’ll be operating, there are different licensing requirements. Additionally, some companies can need additional licenses or permits. Before launching your business in Tennessee, it’s crucial to do your homework, adhere to all applicable laws, and secure the proper licenses and permits.