checklist for starting a business.

In 2022, there has never been as much opportunity to build a sustainable business, across a range of industries.

I am often speaking to young professionals that feel overwhelmed by the idea of starting from scratch.

In this post, I have covered every single aspect, so now it is down to you, to begin planning your dream move.

Oliver Hourd's Checklist for Starting a Business.

  • Name Ideas

Business

  • Choose legal structures

  • Target Audience

  • Register business name

  • Obtain EIN (USA) or BN (Canada)

  • Obtain licenses and permits

  • Set up accounting system

Planning

  • Create a business plan

  • Product & Service

  • Choose a name

  • Designate a workplace

  • Research supplies

  • Order supplies

  • Estimate startup cost

  • Create sample products

  • Estimate manufacturing cost

  • Create an inventory list

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Research competition

  • Create a pricing list

  • Set realistic goals

  • Research pricing for item

Branding

  • Research local markets

  • Choose brand colors

  • Marketing

  • Design logo

  • Create a tagline

  • Buy domain name

  • Order business cards

  • Create a website

  • Design products packing

  • Create a Business Email

  • Create a social media account

Finances

  • Create mail list

  • Create email signature

  • Open business banking account

  • Order business cards

  • Create a PayPal account

  • Photograph sample products

  • Create an order management system

  • Apply to local markets & events

This structure will provide you with a solid business foundation which you can use to plan from, if you would like to add any further points, feel free to either drop me a message or to comment your suggestions down below.