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Business Start
Up Checklist
by Janet
Attard
The list
below is meant to remind you of the tasks you may have to perform to start
your business.
Not
every business will have to complete each step. For instance, you may
decide not to register your trademark with state or federal officials. Or,
you may not be required to publish a notice of intent to do business.
Since
laws vary by state and by type of business, be sure to check with local
authorities to determine if there are any additional legal steps you need
to take.
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Choose
a business based on your skills and interests
-
Research the business idea
- What
will you sell
- Is it legal
- Who will buy it and how often
- Are you willing to do what it takes to sell the
product
- What will it cost to produce, advertise, sell &
deliver
- With what laws will you have to comply
- Can you make a profit
- How long will it take to make a profit
-
Write
a business plan and marketing plan
-
Choose
a business name
-
Verify
right to use the name
-
See if
the business name is available as a domain name
-
Register the business name and get a business certificate
-
Register the domain name even if you aren't ready to use it yet
-
Choose
a location for the business or make space in the house for it
-
Check
zoning laws
-
File
partnership or corporate papers
-
Get
any required business licenses or permits
-
Reserve your corporate name if you will be incorporating
-
Register or reserve state or federal trademark
-
Register copyrights
-
Apply
for patent if you will be marketing an invention
-
Order
any required notices (advertisements you have to place) of your intent
to do business in the community
-
Have
business phone or extra residential phone lines installed
-
Check
into business insurance needs
-
Find
out about health insurance if you will not have coverage under a spouse
-
Get
adequate business insurance or a business rider to a homeowner's policy
Send out publicity releases
-
Apply
for sales tax number if needed
-
Get
tax information such as record keeping requirements, information on
withholding taxes if you will have employees, information on hiring
independent contractors, facts about estimating taxes, forms of
organization, etc.
-
Call
Department of Labor to determine labor laws if you have employees.
-
Apply
for employee identification number if you will have employees
-
Find
out about workers' compensation if you will have employees
-
Open a
bank account for the business
-
Have
business cards and stationery printed
-
Purchase equipment or supplies
-
Order
inventory
-
Order
signage
-
Order
fixtures
-
Get an
email address
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Find a
web hosting company
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Get
your web site set up
-
Have
sales literature prepared
-
Call
for information about Yellow Pages advertising.
-
Place
advertising in newspapers or other media if yours is the type of
business that will benefit from paid advertising
-
Call
everyone you know and let them know you are in business
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Other
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