An Over View Of Items To Remember
Following the outline in this book, you will have the basic knowledge needed to start your own business.
As you've seen, it takes more than an idea, but if you are thoughtful, do your research, and make plans, starting a business can become a reality.
As a recap, here is a list to remind you of what you need to do:
1. Determine if you are an entrepreneur
2. Decide if you want a brick and mortar business, online business, or a combination of the two
3. Consider buying a business or becoming part of a franchise
4. Select key professionals to be on your team
5. Decide what your business is and what niche it will fill
6. Research the market
7. Know your competition
8. Learn about the different forms of business and choose the one that works best for you
9. Set goals
10. Write a business plan
11. Determine your start-up costs
12. Consider funding sources
13. Choose and register your business name
14. Open a business checking account
15. Create a logo
16. Print business cards
17. Learn about laws in your city and state
18. Establish a Federal Tax ID number
19. Learn about taxes in your city and state
20. Get with your insurance agent and purchase needed business insurance
21. Get a website designed
22. Put together a marketing strategy
23. Find a location for your business
24. Purchase needed equipment and software
25. Hire employees
