Starting your business checklist

Seattle Highlight

Before starting your business, you should write down several questions that help you to draw guidelines in order to start your business and tackle your progress

Your business idea

Does market in need for your service or product?
Have you conducted a research about your industry business?
Have you applied a SWOT analysis to your business type?
Have you studied your competitors?
Have you defined what makes you different to other competitors?

Have you set a business plan?

 

Your Business Structure

Have you got any advice from an accountant to know your business structure and tax implications?
Have you registered your business name?
Have you registered your domain name?
Have you outlined your legal documents?
Have you settled your obligations?

Your Financial Status

Have you decided if you can afford to start your business?
Have you set your budgets and forecasts?
Have you developed a credit management system?