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"...This is an excellent program. I'm so glad that I stumbled on to this when researching for task management programs. Very low learning curv, quite flexible, and the price is right. Tried at least 20 other programs, either too complicated, too expensive, or poor documentation..."
Chad Lindsey -
Honolulu, HI

Checklist for starting a new business

 

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Checklist for starting a new business

New business start-up is process each businessman should go through. The necessary procedures can vary from country to country, from location to location, from business to business. This starting a new business checklist mainly includes steps that are typical for all locations and countries. It can be easily modified and elaborated according to specific requirements. .


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Check yourself if you are ready to start:

  • Ensure that you possess the discipline to maintain a schedule
  • Ensure that you are ready for financial difficulties until you business will gain more profit
  • Ensure that you can be more creative and responsible
  • Ensure that you possess necessary skills and knowledge to be successful in chosen business
  • Ensure that you can be more flexible in your work and family schedule
  • Ensure that you are ready for different challenges and adventures
  • Ensure that you prepared to respond quickly to the needs of your business
  • Discuss proposed business with your family
  • Ensure the needed amounts and sources of money required for business start up and initial operating expenses until you start earning a profit

What to do first to start a business:

  • Define the products or services you will provide.
  • Ensure that market has a need for what you will provide

Order or make yourself a quick marketing research or market overview to ensure that demand is big enough to make your business profitable

  • Research who are your competitors
  • Define what is your competitive advantage
  • Develop your marketing strategy
  • Create business name, logo, symbols
  • Preliminary decide your operational requirements

What is required for business - equipments, premises, warehouses, vehicles etc.

  • Preliminary decide staff requirements
  • Seek management advice and counseling to define taxation available for your type of business, research what legal documents are required etc.

Use service of professional advisors - an accountant, an attorney, an insurance broker, a real estate agent, etc. Apply for appropriate state and private services - local Small Business Development Center,the Small Business Administration, trade associations, local chamber of commerce, professional business consultants

  • Check with the local government regarding any special business regulations, sales taxes, personal property taxes and zoning restrictions affecting your business.
  • Decide upon the legal structure of the business
  • Decide finances required

Develop a financial plan and include profit and loss projections. Decide if you have enough resources to adequately support your business until you will make a profit.Decide what type of financing your business will need and what financing options are realistic for your situation.

  • Elaborate business plan for loaners if loan is required.

A business plan should outline your background including your vision, mission, goals, strengths and weaknesses, explain your positions, which achievements you want to get and how you plan to get them. A well-written business plan must be completed before seeking any form of financing. It should include proper pricing strategy, management team , operational plan, staffing plan, marketing plan, financial plan.

  • Register business with the appropriate...


Order 750 checklists in MS Word and PDF printable format at $49.99 USD only. BUY NOW! 

Identify your liability risk and obtain adequate insurance coverage.

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Looking for multi-user task management software? Try CentriQS complete task management solution for planning, tracking and reporting tasks, projects, and schedules. Increase productivity of your small business or office by better organizing your employees' tasks and time.

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