Business Start-up Checklist
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FAQ
Conduct market research. Market research will tell you if there's an opportunity to turn your idea into a successful business. Write your business plan. Fund your business. Pick your business location. Choose a business structure. Choose your business name. Register your business. Get federal and state tax IDs.
A good sense of timing. We mean this in two ways: 1) Picking the best moment to launch your company. The cleanest budget on the block. Self-discipline. Super sharp social skills. Flexibility. Money. Follow-through.
Create a LLC or Corporation. Register Your Business Name. Apply for a Federal Tax ID Number. Determine If You Need a State Tax ID Number. Obtain Business Permits and Licenses. Protect Your Business with Insurance. Open a Business Bank Account. Consult the Professionals.
Articles of Incorporation or Organization. File articles of incorporation with the state's commercial-services department to start a corporate entity. Certificate of Assumed Name. Employer Identification Number. Professional Trade Licenses. Local Licenses and Permits.
Determine viability. Be brutally honest. Get family behind you. Choose a business name. Register a domain name. Incorporate / figure out legal structure. Apply for an EIN. Investigate and apply for business licenses. Set up a website.
Your startup company needs a physical address and a web address. Whether it's offices, retail space, or a manufacturing location, you need to buy or lease a property to operate your business.
Address Stamps. Sending out correspondence is an inevitable part of business. Business Cards. Promoting your business is necessary if you want to draw in more customers. Stationary. Desk and Computer. Copier. Business Management Software.
Define your unique selling point. Find a business mentor. Create a business plan. Register web domains and trademarks. Set up your business structure. Ensure that your business will eventually be profitable. Set up a business bank account.
Ask yourself what you can do and get for free. Build up six months' worth of savings for expenses. Ask your friends and family for extra funds. Apply for a small business loan when you need extra cash. Look to small business grants and local funding opportunities. Find out aboutand woopotential angel investors.
