Business startup checklist
-
Establish business and personal goals.
-
Assess your strengths and weaknesses as an entrepreneur.
-
Conduct a through market analysis.
-
Analyze your business idea by doing a swot analysis.
-
Assess your financial resources and identity potential sources of funds.
-
Identify your customers and competitors.
-
Determine the start-up costs.
-
Decide on your business location.
-
Prepare a business & marketing plan.
-
Select a lawyer and an accountant.
-
Choose a form of organization (Proprietorship, partnership, corporation).
-
Create your business (Register company\'s name, incorporate the business).
-
Select a banker set up a business checking account.
-
Apply for business loans and grants (if applicable); establish a line of credit (if possible).
-
Select an insurance agent and obtain business insurance.