by liberisuk
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How To: Survive Your First Year In Business

• Write a business plan

• Set a company description and details of your products / services

• Define your target audience

• Set clear goals and objectives

• Conduct a basic competitor analysis

• Manage your expenses

• Set payment terms

• Find a healthy source of business finance

• Maintain a contingency fund

• Keep costs low

• Make a list of things you can cut back on or don\'t need right now to mark where you could be making savings

• Think about where you could automate processes to save time

• Use comparison sites to make sure your business gets the best value

• Create a brand

• Create a brand logo

• Set the tone of messaging, both offline and on, for your business

• Do a few things really well

• Create a specialisation for your business

• Consider the competition and make sure that your offering is unique

• Surround yourself with the right people

• Structure your employee training plan

• Build a support network with other business owners in your area, and set up a monthly networking meeting

This checklist was created by liberisuk

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