Start a Business Guide

2025

Start a Business in Iowa

A FREE 10-step guide to starting your very own business in Iowa!

Tip!

Use our Start a Business Checklist as you go through this guide so you do not forget any steps for launching your business.

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Decide to Start a Business
STEP ONE

Decide to Start a Business

Starting a business can be fun, exciting, and even scary. Keep these things in-mind to ensure a smooth start.

Conduct Market Research
STEP TWO

Conduct Market Research

Who is your customer? Learn how to conduct market research to discover your target market, competitors, and industry trends. Then, you can make informed business decisions and increase your chances of success!

Choose a Business Name
STEP THREE

Choose a Business Name

Choosing a name for your business is essential, but it is not necessarily a death sentence if the name does not seem like “the perfect fit” or “descriptive enough.” Use these tips to help make the process of picking your business name less overwhelming.

Write a Business Plan
STEP FOUR

Write a Business Plan

What is a business plan? What do I write in it? How do I make writing one feel less scary? If you asked yourself any of these questions, we have the answers for you and a free business plan template to help you get started!

Register a Business
STEP FIVE

Register a Business

Registering your business in Iowa is an essential step to legally conduct business within the state. Learn about the various business structures and the steps to register each one.

Pay Federal State and Local Taxes
STEP SIX

Pay Federal, State, and Local Taxes

Taxes. You may not like them, but you cannot avoid them. Learn about federal and state taxes and collecting and remitting them.

Apply for Licensing and Permits
STEP SEVEN

Apply for Licensing and Permits

“What licenses do I need to operate my business in Iowa?” We hear that question almost every day, but the answer is different for everyone. Here are step-by-step directions to help you figure out the correct licenses for your specific Iowa business.

Fund Your Business
STEP EIGHT

Fund Your Business

How much money do you need to start your business? Learn how to calculate your start-up costs and strategies to start funding your business as soon as today!

Pick Your Business Location
STEP NINE

Pick Your Business Location

Picking the right business location is critical to your success. Explore various aspects and types to figure out what is best for your business.

Understand Business Insurance
STEP TEN

Understand Business Insurance

Business insurance is the first line of defense if your business experiences liabilities such as natural disasters or lawsuits. Learn about common types of business insurance and steps for buying them.

Next Steps
CONGRATULATIONS!

Next Steps

You are ready for your business to take off! We cannot wait to see your business succeed, and IASourceLink will be here no matter what your business needs are.