Business startup checklist

Startup Business Startup
  • 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.

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