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Cost of Starting a Business in Indiana
It costs $90 to file business formation papers. You may need to obtain a sales tax permit for $25. Be sure to factor in operating costs for your new business.
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Sole Proprietorship in Indiana
A sole proprietorship has one owner. It is the simplest business structure and is viewed as an “informal association” in Indiana. Consider a sole proprietorship if you want to start a business in Indiana by yourself.
- Owner controls operations, profits, and losses.
- Suit small businesses with low risks.
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Business Registration and Licensing in Indiana
- Register with the Secretary of State depending on your business structure.
- File a business entity report.
- Get necessary permits and licenses. Some business types and professions require specific licenses to operate in Indiana.
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Business Planning in Indiana
Draft a detailed business plan to understand your long-term goals and demonstrate future success.
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Starting a Service Business in Indiana
Follow the steps in this guide to start a service business in Indiana. Once registered, use Durable – a tool to manage and grow a service business.
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Indiana SBDC and Investor Groups
The Indiana SBDC offers advising, training, tools, and resources for businesses. There are also investor groups in Indiana that invest in local businesses.
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Steps to Start a Small Business in Indiana
A step-by-step guide to forming and growing a small business in Indiana.
Starting an LLC in Indiana
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Cost of Starting an LLC in Indiana
- Online filing fee: $95 to the Indiana Secretary of State.
- Additional services available with varying costs: Northwest ($29 + State Fees) or LegalZoom ($149 + state fee).
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Filing an LLC in Indiana
- Indiana does not offer expedited LLC services.
- Processing time: 15 days for both online and hardcopy registrations with the Secretary of State.
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Fees and Considerations for Indiana LLCs
- Initial cost: $95 for filing the Articles of Organization to establish an LLC in Indiana.
- Requirements: Registered Agent, annual report fee, and professional services fees.