Business Start-up Guide
Determine whether business ownership meets enough of your personal and professional goals to put the time and energy into researching the business idea’s viability. The U.S. Small Business Administration and the Vermont Small Business Development Center have some useful tools to help you develop your business idea:
Research and write a complete business plan. There are many resources available for this including:
Depending on your profession, you may need to apply for the privilege of engaging in a certain profession, or occupation with the state of Vermont. To see comprehensive lists of professions licensed by the state of Vermont, please click on the options below:
The business structure you choose will have liability and tax implications. Click on the options below to explore the options that are available to you:
Script Corporations (a.k.a. “Sub-chapter S Corporation” or “S Corp.”) and Sole Proprietorships are not business structures, but are rather tax statuses:
- Script Corporation (Sub-chapter S Corporation" or "S Corp.")
This tax status may be applied to either Profit Corporations or Limited Liability Companies.
Please see IRS for more details at:
- Sole Proprietorship
This tax status may be applied to either Limited Liability Companies (LLC) or Trade Name (DBA) Registrations.
Please see the IRS for more details at:
Choosing and registering your business name is a key step to legally operating your business and potentially obtaining financial aid from the government. Your business name will be registered with the Office of the Secretary of State based on your chosen business structure:
Please click on the options below for further details on obtaining the following:
An Employer Identification Number (EIN), also known as a Federal Tax Identification Number, and is used to identify a business entity. Generally, businesses need an EIN.
For details, please contact the IRS via the link above or by phone at:
Profit Businesses: (800) 829‐4933
Nonprofit Businesses: (877) 829-5500
A Vermont business tax account is required for most businesses before operating in the state of Vermont. Exempt Organizations must also register to receive their exemption from Vermont tax.
For details please contact the Vermont Department of Taxes via the link above, or by phone at:
Business Taxes: (802) 828‐2551
For information on Unemployment Compensation, Workers Compensation, the regulation of wages and hours, Vermont Occupational Safety and Health Act rules, and State Labor Relations Act Provisions, contact:
- Worker's Compensation Board
- Unemployment Employer Services
Before buying a property or signing a lease, contact the city or town clerk where the business will be located to assure your plans conform to local restrictions and to obtain the necessary permits for buildings types and signs. A list of municipal zoning contacts is available at /media/33932/TownClerkGuide.pdf
For construction of improvements for new or existing commercial and industrial facilities, or for the change in use of an existing facility, you should check with the District Environmental Coordinator to determine if a Land Use (ACT 250) Permit will be required, please the following link for the contact information for your regional office:
If you have an on-premise business sign, it is important to know that there are limitations on location, size, height and structure in order to meet state and federal requirements. No privately owned signs are allowed in the state right of way, which is at least 25 feet from the centerline of the highway, and could be more.
To find out exactly where the state right of way is, you may contact the VTrans District Manager in your area to insure compliance with state and federal regulations. For a list of district managers and their contact information, please see http://vtransoperations.vermont.gov/maintenance_districts
Most towns and cities have sign ordinances as part of their zoning. Contact your town officials to acquire necessary local permits for your on-premise sign. A local permit does not guarantee that your sign will comply with state and federal regulations.
At a minimum, an on-premise sign may not be larger than 150 square feet (unless attached to a building), be taller than 25 feet, or be farther than 1,500 feet from the main entrance to the business measured along the highway centerline. On-premise signs are not allowed to face limited access highways.
Official Business Directional Sign (OBDS)
Only official traffic control signs and devices are allowed within the highway right of way. One of these signs is an Official Business Directional Sign (OBDS). For information on OBDS and how to apply for them, see the link below.
Please see the following link for more information:
The Vermont Department of Economic, Housing and Community Development provides twelve Regional Development Corporations (RDCs), serving every geographic region of the state. These organizations serve as “satellites” of the Department, and they provide local knowledge and facilitate assistance in their communities. Please see the following link above for a complete list to find one for your region.
- Regional Permit Specialists provide project review sheet or permitting information.
- The Vermont Permit Handbook,found in town clerk offices, state of Vermont libraries, Department of Environmental Conservation, regional planning commissions, libraries, and VtSBDC offices or online.
- The Environmental Assistance Office offers assistance and information on all business environmental and permitting issues. Phone: (800) 974‐955
If your facility has chemicals in storage and meets the requirements established in Federal Law 42 USC Chapter 116 and Vermont Statute 20 VSA Chapter 1. Please follow the link above, or call (802) 479‐7586 for details.
Offers a heads‐up on business environmental and permitting strategies and information for all business types. Please follow the link above, or call (802) 728‐1423 for details.
You may need to consult an attorney regarding your form of business ownership, leases, contracts, patents, trademarks, copyright, and such. The Vermont Bar Association has a lawyer referral service.
Consult an accountant regarding bookkeeping systems, income tax planning and payments, pay roll reports, and related items.
Consult an insurance agent about various forms of insurance: liability, fire, automobile, employee health and life, fidelity (insuring your business against employee theft), burglary and vandalism, business interruption, key‐person insurance, and worker′s compensation cost.
Consult a banker about establishing a relationship for checking accounts, your future borrowing needs, credit card acceptance, and other concerns. Contact the U.S. Small Business Administration at http://www.sba.gov/category/navigation-structure/loans-grants for information about their business loan and grant programs.
Research and contact trade associations for helpful information in starting your business, including market statistics and training opportunities.
Consult the following directory source available at most business reference libraries:
Harper, K. A., & Gale/Cengage Learning (Firm) “National Organizations of the United States” Encyclopedia of associations: An associations reference (Vol. 1, published annually). Detroit, MI: Gale/Cengage Learning.
Includes lists, trade, business, professional, labor scientific, educational, fraternal, and social organizations in the US and historical data.
Chambers of Commerce
Contact your local and state chambers regarding their helpful services for new businesses in your community.
US Small Business Administration (SBA)
Iinformation about the SBA′s business loan and grant programs may be found at:
Vermont Agency of Agriculture Food & Markets (VAAFM)
Responsible for issuing licenses, certifications and standards connected with agricultural, pesticides, greenhouses and nurseries, grades and standards, weights and measures, and labeling.
Vermont Agency of Community Development (ACCD)
Business Resources & Market Development
Vermont Global Trade Partnership (VGTP)
Provides trade assistance, training, and events.
Vermont Community Development Program
May have loan and grant opportunities for some types of businesses.
Vermont Agency of Transportation (VTRANS)
Disadvantaged Business Enterprise Program (DBE): Small business assistance in the form of Disadvantaged Business Enterprise (woman and minority owned business) and other programs that provide contract opportunities with AOT.
Vermont Department of Labor
Offers a full range of workforce related services and information to businesses, workers and job seekers.
Vermont Department of Tourism & Marketing
Vermont Procurement Technical Assistance Center
This network connects Vermont businesses with the government opportunities, both state and federal, and a Vermont business directory. Also, you may download “The Vermonter′s Guide to Doing Business”, a handy reference at:
Burlington Community Economic Development Office
A department of the City of Burlington. They work with the community to foster economic vitality; preserve and enhance neighborhoods, quality of life and the environment; and promote equity and opportunity for all residents of Burlington.
Central Vermont Community Action Council ‐ Micro-Business Development Program
Assists low and moderate income Vermonters to start and operate micro businesses.
Service Corps of Retired Executives (SCORE)
A nonprofit association dedicated to educating entrepreneurs and helping small businesses start, grow, and succeed nationwide.
Vermont Businesses for Social Responsibility (VSBR)
Fosters a business ethic in the state of Vermont that recognizes the opportunity and responsibility of the business community to set a high standard for protecting the natural, human, and economic environments of our citizens.
Vermont Economic Development Authority (VEDA)
Offers a range of financing options to help businesses succeed.
Vermont Grocers Association (VGA)
A statewide trade association representing all sectors of the Vermont food industry.
Vermont Hand Crafters
Te oldest and largest juried craft organization in the state. This not‐for‐ profit organization of Vermont residents is dedicated to the education and promotion and sale of high quality Vermont crafts.
Vermont Manufacturing Extension Center (VMEC)
Helps to improve and grow manufacturing in the state of Vermont and strengthen the global competitiveness of the state’s smaller manufacturers:
Vermont Retail Association
Advance and protects the interests of the Vermont retail industry to help retailers achieve excellence in all areas of their business by providing special rates and programs for health and dental insurance, credit card processing, shipping, and other important services to its members.
Vermont Small Business Development Center (VtSBDC)
Provides no‐cost business advising and low‐cost training to all Vermont entrepreneurs starting or growing their own businesses.
Vermont Specialty Food Association
The nation's oldest and most highly regarded specialty food association.
Vermont Venture Network
A monthly breakfast meeting to meet bankers, investors, and other entrepreneurs.
Vermont Women’s Business Center (VWBC)
Provides the counseling, networking environment, business tools, and training to help women in the early stages of business creation reach a clear and progressive path towards profitability so they can thrive at the intersection of their passions and skills, and continue making a positive impact on their community and family.
Vermont Wood Manufacturers Association
Supports the industry in the state of Vermont and promotes its long‐term viability by expanding member presence in the marketplace, ensuring a sustainable supply of raw materials, increasing workforce skill and acting as responsible employers and community members.
Women’s Small Business Program (WSBP)
A part of Mercy Connections, WSBP is committed to empowering women at every stage with the information and resources they need to develop and polish their entrepreneurial aptitude and achieve economic independence.
VT/NH Direct Marketing Group
Provides seminars, an annual conference, and invaluable networking opportunities for business people throughout the Northeast.
Northern Community Investment Corporation (NCIC)
Services the Northeast Kingdom through small business lending, financing of innovative entrepreneurs to develop a more diverse set of occupations for the region, assisting in strategic investment mechanisms to keep businesses competitive.