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  • The Business Plan
    • Conduct a proper market research analysis
    • Know the trends, forecasts, developments, opportunities, risks, competitors, etc.
    • Decide whether you will pursue this venture full-time or part-time.
    • If you are in a relationship, discuss this lifestyle change with your partner.
    • Write a business plan.
    • Choose your company name
    • Register company with the appropriate authorities.
    • Choose the hours and days of operation for your business.
    • Outline a monthly and annual budget.
    • Make plans how to get funding / financing
    • Find investors and consult with your bank.
    • Investigate business startup courses and seminars
  • Getting started
    • Obtain required business licenses and permits.
    • Choose a legal form for your business: limited liability, sole proprietorship, partnership or corporation.
    • Form a legal entity
    • Acquire an Employer Identification Number.
    • Obtain company contact information: telephone and fax number, email address, post address.
    • Open bank account
    • Get a merchant account.
    • Find a financial advisor.
    • Find business insurance.
    • Find a lawyer.
    • Find a tax advisor.
    • Find an accountant.
    • Find a notary.
    • Become familiar with regulations and compliance requirements.
    • Register trademark, copyrights, logos, patents, etc.
    • Find a real estate agent to help you source a property.
    • Sign a lease contract for your new office or production space.
    • If you’re moving to new office, find a moving company.
    • Consider using mail box rental services.
    • Find office equipment supplies
    • Make sure your office has a high speed Internet connection.
    • Create a floor plan for your new office space.
  • While starting to run
    • Select your accounting software
    • Write a sales and marketing plan.
    • Create a customer service policy.
    • Register domain name for your website.
    • Hire or outsource IT services.
    • Post available jobs
    • Find a recruitment company.
    • If you have staff, find payroll services.
    • If you will have employees, become familiar with labor laws.
    • Find a web hosting company.
    • Create a website Make a site map for content and functionality.
    • Find a web designer.
    • Find a graphic designer.
  • Short-Term Preparations
    • Find a search engine optimization SEO company to increase your presence on the web.
    • Create marketing material
    • Think of signs if you have a storefront, sales literature, stationery or business cards.
    • Take advantage of networking opportunities to build your business
    • Write and distribute a press release announcing your new business.
    • Find an answering service solution for when you can’t take phone calls.
    • Look into telemarketing companies
    • Explore virtual office options for added services at a low cost.
    • If you have an office, look into professional cleaning companies
    • Make sure you set up a green business!
Business Startup Checklist
  Jake R Brady


on December 22, 2011

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