Starting a Business - Introduction

This table of contents is structured as a check list of essential steps for establishing a business in Ponca City. It is designed to alleviate as much of the frustration as possible from the task of starting a new enterprise.

I.    DEFINE YOUR GOAL(S) AND LEARN ABOUT RESOURCE
Prior to every other activity, it is highly recommended that a plan be committed to paper.  This document becomes critical to start-up funding and market definition.  The following organizations in Ponca will assist you in this endeavor as well as throughout the operation.
II.    TAX REQUIREMENTS
  • Federal
  • State
  • Year-End Reports
III.    NAME AND LEGAL STRUCTURE
  • Proprietorship
  • Partnership
  • Corporation
  • Limited Liability Company
IV.    SELECTING A BUSINESS SITE
  • Zoning Approval
  • Sign Approval
  • Fire Safety Inspection
  • Business Identification Number/B.I.N.
  • Building Permits
  • Utility Hook-ups
V.    LICENSE AND PERMIT REQUIREMENTS
  • City
  • State
  • Federal
  • Special Licenses
VI.    EMPLOYER IDENTIFICATION NUMBER & UNEMPLOYMENT INSURANCE VII.    BUSINESS FINANCING
  • Debt Capital
  • Equity Capital
VIII.    INSURANCE REQUIREMENTS
  • Property Insurance
  • Business Interruption Insurance
  • Bonds
  • Workers' Compensation
  • Group Insurance for Employees
  • Product Liability