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.