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Business Startup Checklist

By Stephanie Chandler

Use this comprehensive checklist to plan each step of your new business and transform your dream of entrepreneurship into reality. These steps may not necessarily be completed in the order listed, however, you can use them as a guideline for completing all of the necessary business startup tasks.

[ ] Determine what kind of business you want to start.
[ ] Learn about the industry for your business.
[ ] Analyze the market for your business.
[ ] Study your competition.
[ ] Educate yourself on running a business.
[ ] Join trade associations.
[ ] Name your business.
[ ] Perform a trademark search.
[ ] Register a domain name.
[ ] Design a website.
[ ] Obtain a logo.
[ ] Determine business structure (sole proprietor, partnership, or corporation).
[ ] Evaluate your personal budget.
[ ] Write a business plan.
[ ] Write a marketing plan.
[ ] Locate financing.
[ ] Create a list of start-up supplies with budget.
[ ] Set up a system for accounting and payroll.
[ ] Apply for business license, fed tax ID, fictitious business name.
[ ] Select a location and set up shop.
[ ] Order signage.
[ ] Obtain business tools (computer, printer, fax, postage, office supplies, fixtures).
[ ] Order business stationery (business cards, letterhead, brochures).
[ ] Obtain inventory.
[ ] Create an operations and employee manual.
[ ] Hire employees.
[ ] Set a launch date.
[ ] Plan a grand opening event.
[ ] Send announcements to everyone you know.
[ ] Send press releases.
[ ] Turn on the OPEN sign!
[ ] Revisit your business plan and update often.
[ ] Evaluate your marketing strategy often.