Business in Payson

“Being a part of this community has been great. Being able to build a business that brings people together is even better!”

Robert Marshall | Restaurant Owner

Start your Business

Check out the easy step by step process!
Step 2 - Name Your Business

Name your business. Use the internet and search the name to check the name availability with The Arizona Corporation Commission. Then purchase a domain name (if you’re wanting a website).

Step 3 - Determining Your Business Structure

An accountant can advise you concerning tax issues, or an attorney could advise you concerning liability, tax, and other issues, or there are many resources on the internet. A valuable resource is the Arizona Commerce Authority Small Business Services.

Step 4 - Secure The Name

You can get a name reservation through the A.C.C. website, or you can go to the Secretary of State’s website and register the name as a trade name. You can also submit the paperwork to the A.C.C. to form your entity.

A name reservation through the A.C.C. is good for only 120 days. It “holds” the entity name until you can submit the paperwork to form the entity. A trade name is effective for 5 years. The Secretary of State registers trade names, not the A.C.C. There are legal considerations as to why you might want a registered trade name, and you should consult with an attorney to determine if you should obtain a trade name. The A.C.C. cannot advise you on whether you should get a trade name or a name reservation.

If you have a trade name, it is not necessary to also have a name reservation. The trade name “holds” the name for you, and you can form an entity with that name as long as you own the trade name.

Submit the formation paperwork to the A.C.C. If you are forming an LLC, you will submit Articles of Organization. If you are forming a corporation, you will submit Articles of Incorporation. The A.C.C. has online filing for LLCs. All forms and filing options are available here.

The formation paperwork must be examined and approved by A.C.C. staff. If approved, you will get an approval letter with additional instructions. If rejected, your letter will instruct you on how to resubmit the paperwork.

Step 5 - Business Financing

Research a bank or credit union to partner with for financing and business accounts.

Business Loans

 

Step 6 - Federal Requirements

Development Services Application

Welcome - Step 1 of 4

Welcome to the Development Services Meeting Application

The Development Services Meeting provides an early forum for applicants proposing new projects in the Town to present their project/business and receive feedback from many different departments at once. The informal, round table meeting is an excellent way for all Town departments and utilities involved to offer comments in the beginning stages of the project/business. Comments at this stage are beneficial for the applicant to be made aware and gain an understanding of Town development standards in order to make informed business decisions early on in their project/business development.

Applicants with disabilities

Applicants with disabilities may contact Becky Prock to coordinate via telephone, e-mail, or other means to request and arrange for accommodations. If you need assistance to accommodate a disability, you may request an accommodation at any time. Please contact Becky Prock at Phone: (928)472-5034 or email at [email protected]. TDD phone number is 928-472-6449.

Business – Tourism Tools

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Step 1 of 2

Town of Payson

Community Development 303 N Beeline Hwy, Payson, Arizona 85541
Phone number: (928) 472-5046 Email: [email protected]

Applicants with disabilities

Applicants with disabilities may contact Julie Leonard to coordinate via telephone, e-mail, and other means to request and arrange for accommodations. If you need assistance to accommodate a disability, you may request an accommodation at any time. Please contact Julie Leonard at Phone: (928)472-5046 or email at [email protected]. TDD phone number is 928-472-6449.

Helpful Links

The AZSBDC Network (SBDC)

The AZSBDC Network provides one-on-one confidential evaluation and guidance by Business Advisors with business ownership and management experience to help you fast-track your plans and position your business for success. They also offer affordable workshops and seminars to help you gain the knowledge and skills that you need to succeed.

USDA Rural Development

USDA Rural Development provides various programs, technical assistance, and funding opportunities for rural small businesses through loans, loan guarantees, and grants. They are committed to helping improve the economy and quality of life in rural America.

Arizona Commerce Authority (ACA)

The Arizona Commerce Authority is the state’s leading economic development organization with a streamlined mission to grow and strengthen Arizona’s economy. The ACA provides a wealth of knowledge, resources, guidance, and funding to help you start, relocate, or grow your business. Also view the AZ STEP Program.

Payson EDAC Team

EDAC is a group of Payson area stakeholders who volunteer their time to guide the implementation of the Greater Payson Area Economic Development Strategic Plan. This group meets regularly on the various initiatives and strategies outlined in that plan. Please contact us for more information.

Small Business Administration (SBA)

The Small Business Administration is the only cabinet-level federal agency fully dedicated to small business and provides counseling, capital, and contracting expertise as the nation’s only go-to resource and voice for small businesses. The SBA provides various guidance, assistance, funding, and education for all your business needs.

Industrial Development Authority

The Payson IDA strives to expand economic development in the Payson area. The IDA currently administers a revolving loan fund for small local businesses. Please contact us for more information.