Start Smart
Start Up Business Resources
At every stage of a startup, numerous questions arise. We possess the solutions and resources to assist you in navigating through each phase of your business journey. Whether it’s informative events, inspiring success stories, or getting connected with the people to help you thrive, this is the ultimate destination for all your startup needs.
An Easy Step by Step Process
Start your business
Step 2 - Name Your Business
Name your business. Use the internet and search the name to check the name availability with The Arizona Corporation Commission. Then purchase a domain name (if you’re wanting a website).
Step 3 - Determining Your Business Structure
An accountant can provide guidance on tax-related matters, while an attorney can offer advice on matters such as liability, taxes, and other legal concerns. Additionally, the internet hosts a multitude of resources that can be valuable in seeking information. One particularly valuable resource is the Arizona Commerce Authority Small Business Services.
Step 4 - Finalize The Name
You have several options when it comes to obtaining a name reservation and registering your entity. One option is to visit the A.C.C. website to request a name reservation, or you can visit the Secretary of State’s website to register the name as a trade name. Alternatively, you can submit the necessary paperwork to the A.C.C. to officially form your entity.
It’s important to note that a name reservation through the A.C.C. is valid for only 120 days and serves to “hold” the entity name until you can complete the paperwork to form the entity. On the other hand, registering a trade name with the Secretary of State provides a five-year period of effectiveness. It’s advisable to consult with an attorney regarding the legal considerations involved in obtaining a registered trade name and whether it’s necessary for your specific situation. The A.C.C. cannot provide advice on whether you should pursue a trade name or a name reservation.
If you already have a trade name, obtaining a name reservation is not essential. The trade name itself secures the name for you, allowing you to form an entity as long as you are the owner of the trade name.
To form your entity, you need to submit the appropriate formation paperwork to the A.C.C. For an LLC, you will submit Articles of Organization, while for a corporation, you will submit Articles of Incorporation. The A.C.C. offers online filing options for LLCs, and you can find all the necessary forms and filing options on their website.
Once you submit the formation paperwork, it will be reviewed and approved by A.C.C. staff. If approved, you will receive an approval letter containing additional instructions. If the paperwork is rejected, the letter will provide guidance on how to resubmit it correctly.
Step 5 - Business Financing
Research a bank or credit union to partner with for financing and business accounts.
Step 8 - Town Business License & Support
In each REAL AZ community be sure to connect with the local Chamber of Commerce who can help assist in all local business requirements.
Learn More
Find Your
Opporunity
Region of Diversity
The region has a diverse population with a mix of Native American tribes, Hispanic communities, and other ethnicities. This diversity provides an opportunity for small businesses to cater to a broad range of customers with different cultural backgrounds, interests, and preferences. Additionally, many residents of Apache and Navajo counties prefer to support locally owned businesses, creating a loyal customer base for small enterprises.
Tourism Industry
The tourism industry in the region is growing rapidly, presenting a golden opportunity for small businesses to tap into the industry’s potential. With popular destinations such as the Petrified Forest National Park, standing on the Corner Park in Winslow Arizona, and the White Mountains, Apache and Navajo counties attract a significant number of tourists each year. Small businesses in the outdoor adventure, hospitality, retail, and food industries can leverage this influx of visitors to boost their sales and visibility.
Expanding Job Market
Apache and Navajo counties have an expanding job market, providing a talented and skilled workforce to small businesses. The region is home to several colleges and universities, providing a steady stream of graduates with diverse skill sets. Additionally, the region has a growing tech industry, which creates employment opportunities for skilled workers. Small businesses can benefit from this pool of talent, hiring qualified employees to help grow their businesses.
Broadband Internet
Another factor that contributes to the success of small businesses in Apache and Navajo counties is the availability of high-speed broadband internet. With reliable and high-speed internet, small businesses can access the global marketplace and connect with customers and suppliers worldwide. They can use digital marketing strategies, leverage e-commerce platforms, and tap into online tools and resources to streamline their operations and expand their reach. Moreover, high-speed broadband internet can stoke the fire of entrepreneurship in the region. With access to online resources, aspiring entrepreneurs can develop innovative business ideas, collaborate with other entrepreneurs, and secure funding for their ventures. Additionally, high-speed broadband can support the growth of tech-based businesses, which can bring high-paying jobs and economic growth to the region.
Passionate About Your Business
ARIZONA COMMERCE AUTHORITY RESOURCES
Find tax credits, grants, start up competitions, bonds, training and mentorship and more through the ACA.
