Business Start-Up Checklist
There are a number of steps to consider before starting a small business in the River Region. Each step will be highlighted throughout this guide. The following checklist is a reference to help budding entrepreneurs plan the steps needed to successfully own and operate a small business.
- Assess your strengths & weaknesses
- Assess your financial resources
- Choose a name for your business
- Choose a legal structure
- Prepare a business plan with financial statements
- Obtain financing
- Retain an attorney, accountant and insurance agent
- Acquire necessary licenses and permits
- Obtain Federal Tax ID Number
- Send off for federal & state tax forms
- Select a location
- Inquire into zoning ordinances
- Arrange for utilities
- Get computers, phone, office furniture, etc.
- Choose a record-keeping system
- Choose method of inventory control
- Obtain business insurance
- Open banking accounts
- Start marketing
- Open your doors
