📋 Chicago Business Startup Checklist
1. Choose a Business Structure
Decide on your business type (Sole Proprietorship, LLC, Corporation, etc.)
Register with Illinois Secretary of State (if applicable)
Obtain an Employer Identification Number (EIN) from the IRS
2. Register Your Business
Register business name with Cook County Clerk (if applicable)
Register with the Illinois Department of Revenue (for sales tax, withholding, if applicable)
3. Check Zoning Requirements
Verify your business location complies with Chicago zoning laws
Obtain Zoning Certification if required
4. Obtain Chicago Business License
Complete application and pay fees
Schedule and pass any required inspections
5. Apply for Additional Permits/Licenses (If Applicable)
Food Service Sanitation (if applicable)
Liquor License (if applicable)
Building Permit (if renovating)
Home Occupation Permit (for home-based business)
6. Pass Required Inspections
Chicago Department of Public Health inspection (for food businesses)
Chicago Fire Department inspection (correct exit signs / fire extinguisher)
7. Obtain Business Insurance
General Liability Insurance
Workers’ Compensation Insurance (if you have employees)
Commercial Property Insurance\
Liquor Liability Insurance (if applicable)
8. Open a Business Bank Account
Gather necessary documents (EIN, business license, registration)
Open a separate bank account for your business
9. Understand Employment Requirements
Comply with Chicago Minimum Wage and Paid Sick Leave Ordinances
Register with Illinois Department of Employment Security (if hiring)
10. Set Up Accounting and Taxes
Establish bookkeeping/accounting system
Register and collect Chicago sales tax and any other applicable taxes
Understand your federal and state tax filing obligations
11. Maintain Compliance
Renew all licenses and permits on time
Post required workplace notices
Stay updated on BACP and city regulations
Make sure fire extinguishers are not expired
12. Market and Launch Your Business
Join local business associations and/or chambers of commerce
Utilize Chicago Small Business resources
Announce your opening and start marketing efforts (MGCBA can help you with social media establishment and content creation, please reach out to us directly at: 773-881-0622)