1. Develop a business plan
2. Register your business name
3. Get an Employer Identification Number (EIN) from the Internal Revenue Service (IRS)
4. Obtain necessary permits and licenses from local or state government agencies
5. Set up a financial system
6. Get business insurance
7. Create a website
8. Market your clown services
9. Prepare an inventory of supplies you will need to run the business
10. Set up a bank account for your clown business
11. Research labor laws and other regulations that may affect your clown business