This is a step that many small businesses forget to do. While a business plan is not really required to run your business, it is a very helpful tool. If you do not know what a business plan is, it is simply a written format of how you want to run the business and what the business stands for, as well as the mission of the company. These can take time to create, but they will help you in the future to keep your company on track with your original goals. An important item to remember is that …
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Small Business Checklist Item # 3 – Business Structure
Ok, so you have done your research and realize that your business idea is a viable one. Now you need to look into how you want to structure your business. There are 4 basic structures to choose from with variations within each structure. The main thing that you need to think about are covered with the following points. You need to think of how big you want to become or strive for. We all know that you wish that your company will be huge, but that will not always happen, so think …
Small Business Checklist Item # 2 – Research
We need to expand a little further on the Business name from yesterday. Please make sure that after you pick a business name, make sure you have the right to use it in your state. You can usually check this out with your Secretary of State website. Once you verify that you can get it, go to the register of deeds and fill out a DBA form to secure the name and then do it with the Secretary of State (depending on your business form, which we will discuss a little later) Ok, on to Item #2. …
The Small Business Checklist Item #1 – Business Name
We are going to offer some free checklist items that can help you start your business whether it be online or off. Please check back with us everyday for our top 10 list that will be great for a checklist. Checklist Item #1 Choose a business name that suits what you want to do and plan to do in the future. Many entrepreneurs try to pick a name that they like, but sometimes it does not encompass what your company is going to do. A word of advice that many people do not think about is …