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Starting a business in Oregon

By January 13, 2023April 18th, 2024No Comments

Starting a business in Oregon is an exciting opportunity, but it can also be a bit daunting. There are a number of steps you’ll need to take to get your business up and running, and it’s important to know what they are in order to avoid any unnecessary delays or complications. In this post, we’ll go over the key steps you’ll need to take to start a business in Oregon, as well as some resources that can help you along the way.

  1. Choose a business structure: The first step in starting a business in Oregon is to choose a business structure. The most common types are sole proprietorship, partnership, LLC, and corporation. Each one has its own set of pros and cons, and it’s important to choose the one that’s right for your business.
  2. Register your business name: Once you’ve chosen a business structure, you’ll need to register your business name with the Oregon Secretary of State. This is to ensure that your business name is unique and not already in use.
  3. Obtain any necessary licenses and permits: Depending on the type of business you are starting, you may need to obtain licenses and permits from the state and/or local government. It’s important to check with the appropriate agencies to ensure that you have all of the necessary licenses and permits in place before starting your business.
  4. Register for taxes: All businesses in Oregon are required to register for state and federal taxes, including sales tax and payroll taxes. It’s important to register for the appropriate taxes as soon as possible to avoid any penalties or fines.
  5. Create an operating agreement: If you are forming a partnership or LLC, you’ll need to create an operating agreement outlining the roles and responsibilities of each member. This will help to ensure that everyone is on the same page and that the business runs smoothly.
  6. Comply with any other state and local regulations that apply to your business.
Starting a business in Oregon

In addition to these steps, there are also a number of resources that can help you as you start your business in Oregon. These include:

  • The Oregon Secretary of State: This office can provide you with information on registering your business name, forming an LLC or corporation, and obtaining any necessary licenses and permits.
  • The Small Business Administration (SBA): The SBA offers a variety of resources to help small businesses, including information on business planning, funding, and government contracting.
  • SCORE: SCORE is a non-profit organization that provides free mentoring and counseling services to small businesses.
  • The Oregon Small Business Development Center (OSBDC): The OSBDC provides counseling, training, and resources to help small businesses start and grow.
  • The Oregon Business Xpress: is an official one-stop online business registration site, where you can register your business, file taxes, and find information on licenses, permits, and other requirements.

Starting a business in Oregon can be a challenging process, but with the right resources and a bit of planning, it can also be a very rewarding one. By following the steps outlined in this post, you’ll be well on your way to getting your business up and running in no time.

The main differences between the four business structures: Sole Proprietorship, Partnership, LLC, or Corporation.