Entrepreneurs - Your Check List For Starting A New Business
You are ready to give up your job to start your new business, or even scarier, sink your savings into your new business. You just want to make sure that you have done everything possible to succeed so here is a check list for you.
Legal Stuff: * Do you have a memorable business name and the associated domain name? * Do you have a legal name and business entity? * Have you got all your licences?Have you got all you certificates such as health and fire? * Have you registered everything you need to? * Have you told the tax department and got your numbers and details? * Are all your shares, statutory meetings etc correct? * Do you have all the patents and trademarks you need? * Do you have the legal documents on your premises - leases, sales, mortgages etc.? * Do you have all the posters and legal manuals etc that you need?
Protection: * Do you have your insurances for you, the company, liabilities, staff, premises and vehicles? * Have you got health insurance for you and staff if necessary? * Do you have your pension set up?
Finances: * Are your finances in place and have you signed all the forms necessary? * Do you have enough and on the right terms? * Have you got your bank set up? * Do you have your credit/debit card and payment processor set up?
Premises: * Are your premises/factory/office ready and equipped? * Are all the utilities that you need connected - gas, electric, phone, broadband etc.? * Do you have all the vehicles, computers and machinery that you need?
Staff: * Do you have all the staff you need? * Are they trained or ready to be trained? * Do you have the necessary uniforms?
Strategies and Planning: * Do you have your Business Plan written? * Do you have a Business Strategy? * Do you have a Marketing Strategy? * Have you decided upon what Business Model you will use?
Marketing and Products: * Have you checked who your potential market is and where these customers are hiding? * Have you ensured that what you are selling is really, really what your proposed customers want? * Do you have your pricing and upgrading sorted out? * Do you have your branding sorted out? * Do you have your starting marketing materials? * Do you have standard replies to customer enquiries, invoices, receipts, business cards and letter heads sorted out?
Well, I guess that if you have all of this sorted out that you are ready to start you new business. Good luck!
About the Author
Lee Lister writes as The Biz Guru, for a number of web sites where she provides advice to the business entrepreneur. She is a published author Entrepreneur's Apprentice and How Much Does It Cost To Start A Business? as well as detailed information on how to start low cost businesses, can be found on http://www.StartMyNewBusiness.com
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