As you begin any new venture, there are literally hundreds of steps to be taken to help ensure your success. Below are some of the major steps you may find helpful in your startup.

• Build an outline of your project plan
• Set business and personal goals
• Conduct preliminary market research
  
  • Identify target customers
  • Identify any competitors
  • Select a location or market
• Develop a marketing plan
• Assess your current and long-term financial resources
• Estimate start-up costs
• Estimate potential revenue streams
• Create a business entity
  
  • Consult an attorney
  • Select a business model -proprietorship, partnership, or corporation, etc.
  • Create your business -register the name, incorporate the business, etc.
  • Consult an accountant
  • Get all business licenses and permits
  • Acquire a Federal business ID Number
  • Set up a business banking account
  • Obtain business insurance
• Build an image
  
  • Create a web and email presence
  • Get business cards, stationary, signage
  • Setup your office
  • Set up distributor relationships if needed
  • Acquire furniture, equipment, etc.
  • Execute your marketing plan

* Contributions to this page was provided by:
Jack Eller, Advisor
Wheatley Group
480-477-6300