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Starting Up? Frequently Used Memphis Area Business Start-up Resources

Want to start or grow your business or non-profit, but don't know how? We know there's plenty of excitement but much uncertainty too. Browse valuable resources below and find frequently used local, state, and federal business start-up websites and agencies.

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Local Tennessee Resources

Market Research

  • The main branch of the Memphis Public Library offers amazing resources for startup businesses. The library’s Business and Entrepreneurship area online will help you find out things you need to know about your business idea and your upcoming competition. This link will take you to that area (a library card is required for some of the sections). If you want to learn more, check out the webinar from 4/5/22 in our list of recorded webinars.

Not Sure What Type of Legal Entity to Use?

  • Here's a quick overview 

  • Learn how to form a Tennessee LLC - Limited Liability Company: Download Guide to Starting an LLC in Tennessee

    • ​​An LLC is often a great option for most start-ups, including sole proprietors and partnerships

    • ​But also see other entity types in Tennessee [S, C, or Non-Profit] at Tennessee Secretary of State Registering a New Business

  • Considering a 501(c)(3) Non-Profit? SEE MORE INFORMATION BELOW.

  • We recommend obtaining an EIN for your business from the IRS Get one online at IRS

  • Consider getting Business Insurance for more protection, even though you have a legal entity

  • We also suggest you find the NAICS code for your type of business; the NAICS code is requested by IRS when you file taxes and is useful for market research and financial benchmarking

Wondering about Licenses, Regulations, and Trademarks?

Don't Forget about Taxes!

Looking for Funding, Legal Help, or Accounting Help?

Considering a 501(c)(3) Non-Profit?

Have More Questions?

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How to Successfully Start a Business with the SCORE Startup Roadmap
The SCORE Startup Roadmap is the perfect tool to start the journey to your new business.
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