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Work through the stages in order — Start → Finance → Legal → Market → Sell. Be sure to tap the ^ to learn more and write down details about the step. Tap Save to Priorities to add it to your My Priorities/Steps list.
Stage 1
Start
Establish your business foundation
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Checklist Steps
1. Planning: Lay the Groundwork
Before you choose a name, write down the basics of your business plan: (1) Who the business is for — your target audience. (2) What will they find, buy, or use there. (3) What are the benefits of your product or service. (4) How will you fund the business. (5) How will you market the products or services. You can start with the steps here and use them to help write your business plan from the suggestions in this site. We can also provide business plans and people who can help you create your business plan. Also use the Price, Product, Promotion and Placement (distribution) guide.
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2. Choose Your Business Name
Select a unique, memorable business name and check availability in your state.
Be sure to check on trademarks, copyrights, patents, available domain name, etc. Work with an attorney!
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3. Register Your Business Entity
File formation documents (LLC, S-Corp, C-Corp) with your state government.
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4. Obtain Your Federal EIN
Apply for an Employer Identification Number from the IRS — required for taxes, banking, and hiring.
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5. Register for State & Local Taxes
Get state tax IDs, sales tax permits, and local business licenses.
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6. Open a Business Bank Account
Separate personal and business finances with a dedicated business checking account.
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7. Obtain Business Licenses & Permits
Research and obtain all required federal, state, and local licenses for your industry.
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8. Get a Business Domain Name
Register your website domain name to establish your online presence.
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9. Create Your Business Logo
Design a professional logo for use on cards, website, and marketing materials.
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10. Order Business Cards
Print professional business cards for networking and client meetings.
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11. Set Up Business Insurance
Get general liability, professional liability, and other coverage as needed for your industry.
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12. Choose Accounting Software
Set up bookkeeping and accounting software to track income, expenses, and taxes.
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13. Write Your Business Plan
Create a comprehensive business plan covering goals, market analysis, financials, and strategy.
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Resources for This Stage
Get a loan or convert your data into an asset!•Contact Ron Pedersen at +1 (618) 491-2809, or visit this site