Entrepreneur startups

Business startup checklist

Business Startup

• Establish business and personal goals.

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• Assess your strengths and weaknesses as an entrepreneur.

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• Conduct a through market analysis.

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• Analyze your business idea by doing a swot analysis.

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• Assess your financial resources and identity potential sources of funds.

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• Identify your customers and competitors.

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• Determine the start-up costs.

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• Decide on your business location.

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• Prepare a business & marketing plan.

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• Select a lawyer and an accountant.

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• Choose a form of organization (Proprietorship, partnership, corporation).

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• Create your business (Register company's name, incorporate the business).

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• Select a banker set up a business checking account.

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• Apply for business loans and grants (if applicable); establish a line of credit (if possible).

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• Select an insurance agent and obtain business insurance.

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