How to Start a Small Business in Georgia

Starting a small business is a daunting challenge. Georgia attempts to make the process less intimidating by offering a variety of streamlined services and incentives. Georgia's hospitable business climate earned it CNBC's top ranked state for business in 2014. Despite its pro-business enthusiasm, obtain the appropriate Georgia licenses for your business to avoid unwanted surprises.

The Georgia Department of Labor offers a variety of services and resources to identify and recruit qualified workers with the skills you require. Contact GDOL to learn more about the specific services and resources it can provide to staff your new business.

Once you hire new employees, GDOL provides online reporting through its Georgia New Hire Reporting Program. By law, you must report all new hires or rehires who live or work in Georgia to GDOL within 10 days of hiring.

Georgia offers several incentives to encourage entrepreneurs to start small businesses. The Entrepreneurial and Small Business Development Loan Guarantee Program provides financing between $35,000 and $250,000 to start ups and small businesses located in rural Georgia counties. Qualified investors can claim Georgia income tax credits of up to $50,000 per year. Georgia also offers a variety of other income tax credits. You can find detailed information about Georgia's business incentives on the Georgia Department of Economic Development website.

You can leverage specialized knowledge and experience in areas of business where you lack experience by getting help from the University of Georgia's statewide network of Georgia Small Business Development Centers. Georgia SBDCs offer a wide range of free consulting services in a variety of areas. Visit the Georgia SBDC website to learn how its services can advance your goals and to locate an office close to you.