December 30, 2015

MinistryCPA Special Topic: Starting a WI Small Business

The State of Wisconsin launched a One Stop Business Portal to assist individuals in establishing a business in Wisconsin. The portal’s web address is www.openforbusinesswi.com. The portal walks the individual through the following steps.
  1. Entity Registration
  2. Business Tax Registration, which can include a seller’s permit and employee withholding tax number
  3. Unemployment Insurance Assessment

In addition, the website offers an Expanding Your Business page that reviews worker’s compensation requirements.

We have walked many clients through the process of starting a business, and the process can be a bit daunting to the client because of new terms, multiple registration websites, and lots of steps to complete the process. Maybe this Wisconsin portal is the beginning of a one-stop location to learn state requirements and to set up a new business.


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