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The checklist below provides the basic steps you should follow to start a business. This list should not be construed as all-inclusive. Other steps may be appropriate for your specific type of business. Information about specific industries can be found at the Industries/Professions webpage.
10 steps to start your business; Plan your business. Market research and competitive analysis; Write your business plan; Calculate your startup costs; Establish business credit; Fund your business; Buy an existing business or franchise; Launch your business. Pick your business location; Choose a business structure; Choose your business name ...
1. Determine Your Business Concept. 2. Research Your Competitors and Market. 3. Create Your Business Plan. 4. Choose Your Business Structure. 5. Register Your Business and Get Licenses. 6. Get...
If you want to start a new business, the Small Business Administration (SBA) can help. SBA’s 10-step guide explains how to plan, launch, and manage your business. As you grow your business, it’s important to understand taxes, how to hire and manage employees, and your legal responsibilities.
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Starting a new business can be daunting. Breaking it down into smaller steps can make the process feel more manageable and help you build momentum until your first sale. If you have a great idea, but you’re not sure where how to get it off the ground, start with this checklist.
1. Find the right opportunity. 2. Write a business plan. 3. Choose a business structure. 4. Get a federal tax ID. 5. Apply for licenses and permits. 6. Open a business bank account. 7....
Key Takeaways. Starting a small business involves extensive market research of your target audience, competitors, and gaining a deep understanding of the industry. It is important to build a...
Checklist for starting a business. Download our free business startup checklist. 1. Write a business plan. Streamline your business operations. Automate your workflows. A business plan will help you nail down your goals and expectations and give you a roadmap for how to set up a business.
Pre-launch. Get ready! The pre-launch phase lays the basic groundwork for establishing your business and outlines the resources you’ll need to get started. 1. Decide on a business name and secure the web domain. The name of your business can have a huge impact on its success.