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Starting a business checklist 1 Make key decisions. Get help to start. ... 2 Plan your business. Develop your business plan. ... 3 Set up your business finances. Get resources to help with business finances. ... 4 Protect your business. Meet work health and safety requirements. ... 5 Know the law. ... 6 Hiring people. ... 7 Keep required records.
If you have a great idea, but you're not sure where how to get it off the ground, start with this checklist. Perform market research. ... Test your concept. ... Work on your pricing model. ... Build a business plan. ... Work on your sales pitch. ... Find funding. ... Decide on a business structure. ... Get the right licenses and permits.
A successful small business must have 4 things in their corner ? product, market, money & people. Whether you're a startup looking for venture capital or you want to become a successful small business all on your own, there are a few basic ? but important ? components every business must have.
Refer also to the Small Business Administration's 10 Steps to start your business. Apply for an Employer Identification Number (EIN) if applicable. Select a business structure. Choose a tax year. If you have employees have them fill out Form I-9PDF and Form W-4. Pay your business taxes.
Business startup checklist: How to launch a startup step by step Write a business plan. Streamline your business operations. ... Estimate your startup costs. ... Register your business. ... Open accounts and obtain permits. ... Set up a financial accounting system. ... Buy business insurance. ... Create a management system.