New Business Checklist
July 29, 2021
Rating
Preliminary Research
- assess your strengths and weaknesses
- establish business and personal goals
- assess your financial resources
- identify the financial risks
- determine the start-up costs
- decide on your business location
- do market research
- identify your customers
- develop a marketing plan
Business Transactions
- select a lawyer
- decide on business organization-proprietorship, partnership, corporation
- create your business-register your name,get incorporated
- select an accountant
- prepare a business plan
- get financing
- establish a line of credit
- select an insurance agent
- obtain business insurance
First Steps
- design and order business cards
- obtain a lease
- get furniture and equipment
- review local building codes
- obtain a license or permit (if applicable)
- send off for federal and state tax forms
- apply for Employer Identification number (if applicable)
- join a professional organization
- line up suppliers if needed
- set a starting date
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