Want to Start a Business in Idaho?
Last Updated: By TRUiC Team
This page is dedicated to the best resources for starting a business in Idaho.
Learn more about how to start a business in Idaho.
Or simply use a professional service and start your business today:
Business Resources in Idaho
Find the best resources to help create your informal business structure (sole proprietorship or partnership), corporation (S corp or C corp), limited liability company (single-member LLC or multi-member LLC), or how to file a DBA in Idaho.
Use the following business resources in Idaho to learn how to choose the best LLC services, file the Certificate of Organization, obtain an Employer Identification Number (EIN), and decide whether you should be your own registered agent or if you should hire a third-party registered agent service.
Becoming an Entrepreneur in Idaho
Just Starting Out
Every Idaho business starts out with a great idea. To get inspiration, you can try our business idea generator that can suggest businesses for you based on your interests and lifestyle.
Once you've found the perfect idea, it's time to create a game plan for your business. This step helps lay a solid foundation for the future of your company. You can move on to planning out your business with our business plan generator or simply browse our selection of startup ideas. We also have several helpful guides for planning out your business:
Coming Up With a Name
One of the most important decisions you will make for your business is coming up with a name and then seeing if it is available in Idaho. We have several naming tools and guides to help you get started with finding the perfect name for your Idaho startup, small business, nonprofit or corporation.
Different Types of Business Formation
A business structure refers to how a business is legally organized. The type of business structure you choose to form your business with can affect how your company is regulated, taxed, and more. Because of this, choosing the best structure for your business is an important decision to make. Below are guides on the different business structures you can choose to form your company so you can learn how to form a business that works best for you.
Forming Your Idaho Business
Now that you’ve created a business plan, found a name and chose your Idaho business structure, it's time to form your business. This process might seem complicated, but it doesn't have to be. And if you want to save time and have someone else handle the paperwork, you can use one of our recommended services, like ZenBusiness, which will help to form your company for you or you can form it yourself using our helpful guides and tools.
LLC Checklist
This Idaho Checklist for Starting an LLC covers the necessary steps you need to take when you create your LLC.
Formation Necessities
Here are the required documents and forms you may need to help you get your business up and running in Idaho.
Highly Recommended Services for Your Business
Depending on the type of business structure your choose and how large your business is, you may also want to consider using the following services for your Idaho startup:
Registered Agent
An Idaho registered agent is a person or business that sends and receives legal papers on behalf of your company. These documents include official correspondence like legal summons and state filing notices.
Idaho requires every business to nominate a registered agent when forming a small business. Your registered agent must be an Idaho resident or a corporation authorized to conduct business in that Idaho.
We also recommend hiring a professional registered agent service to provide you with peace of mind and help you stay compliant with the law.
DBA
Filing a “doing business as” (DBA) name, also known as an assumed business name, is an easy process that is achieved by registering a DBA with the State of Idaho.
Branding
You can probably think of a dozen different companies in Idaho whose brands play an important role in your daily or professional life. Maybe you only buy certain brands or prefer to buy your groceries at one supermarket chain over another. Your dedication to these companies is primarily a result of one thing: their branding. Our branding guides and tools will go over the importance of branding your small business and provide some tips for getting started.
Financing Your Idaho Business
Small business finance is the raising and managing of funds to finance and operate a new small business. This includes banking, small business accounting, building business credit, and raising funds for your business.
When planning your Idaho business, you should determine what types of business funding options your company will need and when. Whether you are starting a low-cost business or starting a high-growth startup, knowing when to get funding and what kind of funding you need is important.
Setting Up a Bank Account
Opening a business checking account is one of the first things you will need to do as a new business. Business banking is a fundamental asset protection requirement for every business and, depending on your needs, may include checking accounts, savings accounts, credit cards, and merchant accounts.
Every new and small business needs a business bank account to pay their business insurance, take care of payroll, collect money, and enroll with a merchant account to accept credit card payments.
Check out our guide on the Best Banks for Small Business for help finding a banking account for your business.
Getting a Business Credit Card
Small business credit cards are designed for professional use and provide a line of credit to small businesses while helping to maintain personal asset protection. It is crucial for small businesses to have a small business credit card.
Our guides will help you understand the importance of having a small business credit card and provide the steps for finding and applying for the best credit card for your business.
Finding Small Business Loans
Getting a small business loan is done by applying with a business lender, typically your bank or another lending institution, with the right documentation and your business plan.
A business loan can help to resolve cash flow problems, leverage growth opportunities, and even increase the value of a business. Making sure to plan for a loan ahead of time is extremely important, as is knowing the documentation needed by your lender when you do apply.
Small Business Financing for Female Entrepreneurs
Grants, loans, government contracts, investors, scholarships, advisors, tutorials — there are plenty of financial resources for female entrepreneurs and women leaders, and we’ll help you discover the best ones for you and your business.
Maintaining Your Small Business
Congratulations! Fewer than 14% of Americans have realized the dream of business ownership. To keep your Idaho business running, make sure you keep up with required government filings and maintain a clear record of all earnings and expenses.
Make Sure Your Business is Compliant
When you start a small business, you’ll need to determine if your business needs any licenses or permits to stay compliant.
Set Up Accounting and Bookkeeping
Having a business accountant will help you take advantage of tax benefits and potentially save you and your Idaho business a lot of money in taxes each year.
Finding a business accountant as soon as you start your business will ensure that you have the best advice from the very beginning.
Recommended: Hiring an accountant can save your company thousands of dollars in taxes each year. Get a free tax consultation with 1-800Accountant.
Set Up a Business Phone
Getting a business phone number is important for many businesses. Having a phone number for your customers to contact you with can go a long way in ensuring that your business is viewed as professional, trustworthy, and legitimate.
There are also different business phone services and answering services that can ensure that you are able to answer more than one call simultaneously and that all of your customers feel heard. Check out our different phone tools and guides to help your Idaho business set up phone services.
Build a Business Website
With growing technology, more and more businesses are going online. We believe all companies need a website regardless of their industry or size to keep up with the times.
So, how do you build a website? Luckily, technology has recently caught up with the massive demand for tools to simplify website creation. It’s never been easier to build your own website without the need for any web designer experience.
Our tools and guides provide an overview of the steps to build a website for your Idaho business as well as suggestions for which tools to use based on your business type and knowledge level.
Business Resources for Women
Starting your own business is no small feat; thankfully, there are many valuable resources dedicated to helping women entrepreneurs start and succeed. From woman-owned business certification to grants for female entrepreneurs, we’ll help you discover the women's business resources that will help you get the most out of your entrepreneurial journey.
Idaho Business Resources
Idaho Business
Idaho Business is a government initiative that brings you the latest news and information on Idaho’s business industry and climate. If you want to start a business in Idaho, Idaho Commerce has plenty of business resources and tools that you can use. They’ll also guide you as you go through the steps of forming your business. In their site, they also have incentive and financing options.
SBDC Idaho
SBDC Idaho is a government agency that aims to assist entrepreneurs and small business owners as they start, grow and expand their business in the state of Idaho. They provide you with business essentials, training and resources, and specialized services throughout the entire business cycle.
Idaho Biz Help
Idaho Biz Help is your “go-to” for small business solutions. The site has a list of business essentials that will give you information on assistance resources, employer issues, legal structure, licenses, and taxes. You will also gain understanding on starting, financing and operating a startup.
Southern Idaho
Southern Idaho is fully dedicated to supporting entrepreneurs who want to start a business in the state but lack the resources and tools to do so. Southern Idaho’s site has provided a list of organizations that can help you transform your business dreams into reality.
The Idaho District Export Council
The Idaho District Export Council is a private organization that aims to support small businesses in the state of Idaho by providing them with support in the form of business resources and tools, which they’ve listed in an organized manner. This list can be seen on their website, federal agencies and other private organizations are also included in the list.
Office of Economic Development of Nampa
The Office of Economic Development of Nampa is a government agency that provides education and training, financing and incentives and other helpful business resources that entrepreneurs can take advantage of.
TECenter
TECenter is an Idaho accelerator program that provides mentoring and assistance services to startup incubators. TECenter also provides office spaces and facilities for startups. TECenter features a Rackspace Startup Program, which includes a Rackspace Startup package. There is also a series of short and intensive programs that help grow startups.
Idaho Innovation Center
Both a business incubator and accelerator, the main goal of the Idaho Innovation Center is to provide a wealth of resources to startup companies and give entrepreneurs the opportunity to start and grow their business. Through mentoring, advising, collaboration, and education, the Idaho Innovation Center strives to provide entrepreneurs with the ideal starting point for a startup.
SBDC Idaho
The SBDC Idaho provides comprehensive business assistance and resources to small businesses in Idaho. With business counseling and mentoring on a one-on-one basis for free, startups can learn valuable insights on how to effectively run a business in Idaho.
Trailhead
Trailhead assists Boisean entrepreneurs to start their businesses. It is a place where entrepreneurs get access to resources, delve into new technologies, and start something awesome. From laid back co-working spaces to workshops, Trailhead provides you with access to the necessary tools and connections to build a successful business.
SCORE
SCORE is a non-profit organization made up of experienced business professionals and consultants who willingly volunteer their services to assist small business owners in the form of business mentorships and coaching. The aim of the organization is to educate new entrepreneurs so they can compete with Idaho’s business industry and the global market.