Use this comprehensive checklist to plan each step of your new business and transform your dream of entrepreneurship into reality. These steps may not necessarily be completed in the order listed, however, you can use them as a guideline for completing all of the necessary business startup tasks. ___ Determine what kind of business you want to start. ___ Learn about the industry for your business. ___ Analyze the market for your business. ___ Study your competition. ___ Educate yourself on running a business. ___ Join trade associations. ___ Name your business. ___ Perform a trademark search. ___ Register a domain name. ___ Design a website. ___ Obtain a logo. ___ Determine business structure (sole proprietor, partnership, or corporation). ___ Evaluate your personal budget. ___ Write a business plan. ___ Write a marketing plan. ___ Locate financing. ___ Create a list of start-up supplies with budget. ___ Set up a system for accounting and payroll. ___ Apply for business license, fed tax ID, fictitious business name. ___ Select a location and set up shop. ___ Order signage. ___ Obtain business tools (computer, printer, fax, postage, office supplies, fixtures). ___ Order business stationery (business cards, letterhead, brochures). ___ Obtain inventory. ___ Create an operations and employee manual. ___ Hire employees. ___ Set a launch date. ___ Plan a grand opening event. ___ Send announcements to everyone you know. ___ Send press releases. ___ Turn on the OPEN sign! ___ Revisit your business plan and update often. ___ Evaluate your marketing strategy often. |
