What is a good business to start in Utah?

What are the most successful small businesses?

Most profitable small businesses

  • Personal wellness. …
  • Courses in other hobbies. …
  • Bookkeeping and accounting. …
  • Consulting. …
  • Graphic design. …
  • Social media management. …
  • Marketing copywriter. …
  • Virtual assistant services. Finally, last on our list of the most profitable small businesses: virtual assistant services.

Is Utah a good place to start a business?

Overall, Utah is a great place to start a business. With a steadily growing economy, amazing opportunity, and great quality of life, Utah is one of the best places to start or grow a company.

How do I start a small business in Utah?

How to Start a Business in Utah

  1. Choose a Business Idea. …
  2. Decide on a Legal Structure. …
  3. Choose a Name. …
  4. Create Your Business Entity. …
  5. Licenses and Permits. …
  6. Pick a Business Location and Check Zoning Regulations. …
  7. Review Your Tax Registration and Reporting Requirements. …
  8. Obtain Insurance.

Why is Utah a good state to start a business?

In fact, Forbes ranked Utah #2 on its 2018 Best States for Business list. This is largely due to its healthy labor supply, supportive regulatory environment, and strong economic growth prospects. Utah prides itself on providing a welcoming climate for entrepreneurs and creatives.

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Do I need a business license to sell in Utah?

All businesses in Utah are required by law to register with the Utah Department of Commerce either as a “DBA” (Doing Business As), corporation, limited liability company or limited partnership. Businesses are also required to obtain a business license from the city or county in which they are located.

What licenses do I need to start a business in Utah?

What Business Licenses and Permits are Needed in Utah?

  • General Business License. …
  • Building & Zoning Permits. …
  • Business Tax Number. …
  • Sales Tax Exemption Certificate. …
  • Professional License. …
  • Employer Identification Number (EIN) …
  • Business Name Registration.

How much does a Utah business license cost?

Using the One Stop registration, you’ll pay filing fees for the Utah Department of Commerce and the Division of Corporations and Commercial Code, in addition to other agencies that may regulate your business. The fees typically range from $22.00 to $52.00 and can be paid with a credit card.

Is Utah a good state to form an LLC?

Since, Utah is considered to be an excellent state for start-ups or new businesses; it is also home to some really great upstarts like Tranont with revenues of $11.4 million.

Entrepreneurship Blog