If you are thinking about possibly starting a business or you have just started a new business you may benefit from the checklist below. Starting a business can be exciting but it can also be a bit overwhelming; from focusing your idea and seeking funding to setting up the right structure, through to marketing and customer development. I have found the below checklist very helpful and have linked to it at Step by Step QuickBooks Tutorial so it can be of help to you as well and hopefully help you alleviate the anxiety of starting a new business. If you have already started your business, going through this checklist will ensure you have not forgotten anything. I wish you success!
- Overview of federal, state, and local requirements
- File company papers with the secretary of state’s office
- Obtain a federal tax identification number
- Register your business name
- Obtain all the necessary licenses and permits
- Fulfill all employer requirements
- Secure intellectual property
- Using your own assets to fund your business
- Borrow from friends and family
- Borrow from a bank
- Check with minority or women’s organizations
- Apply for a grant
- Find other investment or funding source