Start/Expand Your Business
Whether you are starting/expanding a new business or needing assistance for an existing business, entrepreneurs can diminish risks, and thereby increase the chance of success, with planning and preparation. The information provided below will help you get started.
STEP 1: Develop a business plan
A business plan articulates what a business is, where it is going, and how a business owner intends to take it there. A business plan will likely include a summary, a company description, a marketing plan, an operations plan, and management and organization information. A business plan is critical — without a business plan, a business may fail. Most banks require a business plan prior to lending.
- Local Resources:
- Edmonds Community College (EdCC) Business Training Center - Are you looking for tools to start or strengthen your business? – Edmonds Community College (EdCC) Business Training Center offers courses to help keep your business competitive and state-of-the-art. Whether your company is customer-driven, patient-oriented, service or product based, from 1-1,000 or more employees, their award winning Small Business Development Center (SBDC) can provide training to help your business succeed. EdCC can provide.... Customized learning services on demand; Training at your site, EdCC, or online; and at all levels of training services – from on-time classes to certificates. Phone: (425) 640-1840.
- SCORE - Sponsored by the Small Business Administration, SCORE offers free business counseling and publications. Counseling covers initial capital requirements, operating capital, business and marketing plans, pricing, advertising, cash flow, profit/loss, and other business fundamentals. Seattle SCORE is the closest Chapter to the City of Edmonds. Additionally, for free Small Business Counseling, call Call Mukilteo Women’s Business (425) 954-4040, Everett (425) 257-8000, or Shoreline Library at (206)362-7550.
- State Resource:
- Doing Business in Washington – This government website contain a link to a Small Business Guide for entrepreneurs wanting to plan, start, run and grow a business. Additional links for other topics include growing your business, help for businesses, grants and loans, licensing requirements, technical assistance and training, starting a business, etc.
- Federal Resource:
- U.S. Small Business Administration (SBA) – Whether you’re starting or managing a Business, SBA has a series of online resources for small businesses including details for SBA's loan guaranteed programs.
STEP 2: Find a location
- About Edmonds - everything you want to know about our community
- Population and Demographic Information
- Edmonds Commercial Areas (Map of Commercial Districts - Not yet available).
- Population and Demographic Information for the City’s six Commercial Areas (Not yet available)
- Local real estate agents: Bing/Google "Edmonds Commercial Real Estate Agents"
STEP 3: Zoning and Permits
Make sure that your business is allowed in the location you have chosen and see what permits may be required.
STEP 4: Business License and Registration
- All individuals or companies operating or conducting business within the City of Edmonds, whether located inside or outside the City, must obtain a business license from the City. Prior to registering with the City, prospective business owners or operators should visit the Washington State Department of Revenue Register My Business website for information about state licensing fees and any additional licenses or registrations required, and to find out information about state taxes and Master Business Licensing requirements. One of the requirements for a City of Edmonds license is that all applicants must have an Uniform Business Identification Number (UBI). You may find information about registering your business and obtaining a UBI number on the Washington State Department of Revenue Business Licensing Service webpage.