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Starting a Business in El Paso County

This guide will help those thinking of starting a business and not sure where to start. It will provide resources and contact information for small businesses starting out.

Choosing a Legal Structure

Before you register as a business, you must determine your legal ownership structure and file with the state. 

The most common forms of businesses are:

  • Sole Proprietorship

  • Partnerships

  • Corporations

  • Limited Liability Companies (LLC)

The answer to the question “What structure makes the most sense?” depends on the individual circumstances of each business owner.

The type of business entity you choose will depend on:

  • Liability

  • Taxation

  • Recordkeeping

For more information from the US Small Business Development Administration, click here.

 

More information on structures can be found in the Colorado Business Resource Book.

All legal structures are set up at through the Secretary of State once you determined your structure and name and need to be filed with the state.