Small Business Guide

Small Business Guide

COVID-19 Business Resources in Monterey County, California

Starting a business in Monterey County involves many steps including planning, making key financial decisions, and completing a series of legal activities. Scroll down to learn more about each step.

1. Write a Business Plan
A business plan is the foundation and roadmap of your business. Not sure where to start and which format to use? No problem, use the U.S. Small Business Administration's business plan builder!

2. Get Business Assistance and Training
SCORESmall Business Administration Learning CenterSmall Business Development Center

3. Pick Your Business Location
Whether you're planning to have a brick-and-mortar business or launching an online store, the choices you make could affect your taxes, legal requirements, and revenue. read more

4. Fund Your Business
Your business plan will help you figure out how much money you’ll need to start your business. If you don’t have that amount on hand, you’ll need to either raise or borrow the capital. Fortunately, there are more ways than ever to find the capital you need.
Environmental Resource Policy Division Office of Economic DevelopmentCalifornia Coastal Rural Development CorporationOpportunity Fund 

5. Choose a Business Structure
Guide to business taxesNonprofits

6. Choose and Register Your Business Name
Fictitious Business Name

7. Get Employer Tax ID Number (EIN)
An Employer Identification Number (EIN) is also known as a Federal Tax Identification Number, and is used to identify a business entity.Apply for an EIN Online

8. Register for State/Local Taxes
California's one-stop shop and California State Board of Equalization (831-443-3003)

9. Obtain Business Permits/Licenses
Monterey County does NOT require a business license to conduct business within unincorporated areas of the County. Each city requires the purchase of a business license annually. Visit each city’s website to find the office of Business Licenses

10. Open a Business Bank Account
With EIN number handy along your business permits and licenses, you can now head to your bank of choosing to open a business bank account. Select one of our local banks for this final step.