Licenses & Permits: Paperwork is definitely a not so fun part of the process when you start your own business. There are a variety of small business licenses and permits that may apply to your situation, depending on the kind of business you are starting and where you’re located. You will need to research what licenses and permits apply to your business during the start-up process.
Choosing your accounting system: Small businesses run most effectively when there are systems in place. One of the most important systems for a small business is an accounting system. Your system is necessary in order to create and manage your budget, set your rates and prices, conduct business with others, and file your taxes. You can set up your accounting system yourself, or hire an accountant to take away some of the guesswork. If you decide to get started on your own, make sure to consider these things that are important in choosing a software.
Sources: https://www.thebalancesmb.com/starting-a-small-business-4161641
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