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Checklist to Starting Your Small Business

Updated: Sep 11, 2023

Starting a small business can be an exciting venture, but it also requires careful planning and execution. Here are the top five thing

s you need to do to start a small business:

1. Develop a Business Idea and Plan:

Identify a business idea that aligns with your passion, skills, and market demand. Conduct thorough market research to understand your target audience, competitors, and industry trends. Create a comprehensive business plan outlining your business objectives, strategies, marketing approach, financial projections, and operational details. A well-thought-out plan will serve as a roadmap for your business's success.

1a. Confirm your Business Name + Domain:

Brainstorm your business name! Research your competitors, write down your expertise and skills, list your values or perhaps fun buzzwords in connection with your service and/or product. Out of these, put together some potential business names for your URL and visit the below sites to view domain options available to you!

2. Choose a Business Structure:

Select a legal structure for your business, such as a sole proprietorship, partnership, limited liability company (LLC), or corporation. Each structure has different implications on taxation, liability, and management, so it's crucial to choose the one that best suits your business needs and long-term goals.

  • IncFile - There's a lot to do to file an LLC. Varying state requirements, numerous steps and lots of important documentation leave plenty of room for error. Mistakes can be costly — that's where IncFile comes in!

3. Register Your Business and Obtain Permits:

Register your business with the appropriate authorities at the local, state, and federal levels. Obtain any necessary business licenses and permits required for your industry and location. Compliance with legal and regulatory requirements is essential to avoid potential penalties and legal issues down the line.

4. Secure Funding and Set Up Finances:

Determine the initial capital needed to start and run your business. Explore different funding options, such as personal savings, loans, grants, or investors. Create a separate business bank account to keep personal and business finances distinct. Implement a robust accounting system to track income, expenses, and taxes efficiently.

5. Build a Strong Online Presence and Marketing Strategy:

Establish a professional website and utilize social media platforms to create a strong online presence. Develop a marketing strategy to reach your target audience effectively. Consider content marketing, email campaigns, search engine optimization (SEO), and paid advertising to promote your products or services. Networking and building relationships with potential customers, partners, and industry professionals can also be valuable for your business growth.


Remember that starting a small business requires dedication, adaptability, and perseverance. Be prepared to learn from challenges and stay open to continuous improvement. Seek advice and mentorship from experienced entrepreneurs, and don't hesitate to ask for help when needed. With careful planning and a strong commitment to your vision, your small business can flourish and achieve success.


There are few affiliate links above, to which if you click and purchase, I will receive commissions; none directly from you, purely from the brand of which you've found purpose in. All affiliate companies have been selected (and most utilized)

by kpc creative, to provide the best solutions for the cost associated and objectives at hand. We'd love all feedback, once completed!


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