A Simple to Do List for New Business Owners

In the previous article, “A simple plan to start a business for new owners“, I shared a mind map with you that provided a simple view of a business plan. I now want to share with you a simple to do list to help you as a new business owner.

Below are ten (10) basic things that you can do to help get your business started:

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1. Create a business or strategy plan that will help you steer your business in the right direction and allow you to start your business right.
2. Choose a business legal structure that will benefit your business (for more details visit “Choose a Business Structure“).
3. Create a marketing plan that will be a gradual way for you to brand your business using online or offline sources.
4. Determine where you want to locate your office. Whether you will have a home office or an office located outside of your home, you should determine this early on.
5. Determine revenue model that you will follow as you manage your business.
6. Obtain information from sources such as governmental or informational organizations that will provide you with details on starting a new business, such as:
   • SBA (Small Business Administration)
   • Local, state, and national governmental agencies
   • IRS checklist for starting a business
   • Online sources like Entreprenuer.com
7. Determine office equipment/supplies that you need in order for your office to run smoothly.
8. Develop partnerships with others in a complimentary industry or your own so that you can create a well-rounded synergy. This could help you with the reach of your business industry-wise.
9. Develop a support team of people that you can outsource tasks or projects which can help your business grow
10. Identify people who will be your support group when you need to turn to someone for advise

Image credit: Kim Beasley (creator)