Find your balance with me…
May 1. 2022
10 Easy Steps To Starting A Business
Check your market. Research your competition. Stay Focused.
Make a Business Plan. This plan should consist of short-term projections and long-term goals.
Financial Outlook; Do you have funds or do you need to secure a business loan? Check out your SBA.
Location. Retail, Online, Service Industry. Each space has its own specific needs. Know your route first.
Do you need a brick-and-mortar location? If so, research your local area for vacant retail spots.
Business Structure; Will you be a Sole Proprietor; Small Business; Will you have employees; contractors or other paid workers.
Contact a Graphic Designer….. 301-848-0751…Every great business needs a logo, signage, and marketing materials.
Register Your Business. Contact your County Government Office to determine your name registering process. Plus register for your website domain.
Employer Identification Number (EIN)/Tax ID’sYou’ll use your employer identification number (EIN) for important steps to start and grow your business, like paying taxes. It’s like a social security number for your business. Some — but not all — states require you to get a tax ID as well.
Licenses and Permits; The licenses and permits you need for your business will vary by industry, state, location, and other factors. Research…don’t get caught without the right permits. Fines are no fun!
Banking; Decisions on banking will help you build your business. Use platforms like QuickBooks, PayPal etc. These online services will help you stay organized with your payable and receivables.
