How to Start a Business Checklist & Free Instructional Training Video!
- Why are you opening the business? Is it your PASSION? You are trading 8 hours working
for others for 16 hours working for yourself, will you LOVE it? - The 4 P’s: Passion, Profitability, Pitfalls & Planning.
- How about a PARTNER?
- Market Research: Is your idea viable? Have you charged some money for your services?
Do people pay you and feel they got value? - Do you have enough money to last 3 month? CRITICAL
- Create a Business & Marketing Plan – www.SBA.gov is a good resource
- Seek Accounting & Legal Advice on setting up the structure & getting tax numbers (FEIN
& Sales Tax etc..) - Find a location – What is a good location?
- NEGOTIATE & Sign A Lease.
- Cleaning & remodeling.
- Contact Utility company and turn on the services (Electric & Gas).
- Pick a Name for your New Business.
- Get a great MOTO (Slogan).
- Create a LOGO.
- Get a Phone Number & Maybe Install a phone System (See this great video) .
- Pick a Location.
- Talk to the city and get permits.
- Make a Sign using the LOGO.
- Get a computer, printer, etc…
- Don’t become a computer “guru” hire one.
- Get a software to run your books & customer relationships & Inventory management.
- Get Furniture, Fixtures, waiting room TV, Coffee Machine, magazines…
- Join the local Chamber and go to functions.
- Do you have a way to take money? Cash only is stupid…
- Setup a bank account.
- Make sure you take credit cards.
- Get insurance.
- Open Already! Do a soft opening until you get the kinks out, then
- GRAND Opening (Full Video on this)
- Decide on MARKET positioning (Critical, Critical, you must see this video)
- The Competition: More than just positioning and Pricing concerns.. EVERYTHING!
- Buying goods or services to sell, who will be your suppliers? Are you buying relevant
goods? Hot items? how many sources? - Do you plan to offer credit to your customers? if so why? If they can’t afford it why are
you selling it? - Should you buy a FRANCHISE?
- Pricing your goods & Services
- On Borrowing Money for Your Start-up
- Creating a Web Strategy
- Setting Up a Website
- Hiring your first Employee
- Firing Your First Employee
- Advertising: Web, Email, Internet, Mailings, Fliers, Posters, Newspapers, Radio, TV, Web
TV? - On Retention of customers. Most of the money is made from REPEAT business.
- On Follow Up.
- On staying and looking current.
- On Getting and selling every lead you get…
- Take Lots of VACATIONS. Seriously… This is my advice!
Training Videos for how to start a new business and how to start, promote and operate a business from
http://www.bossisme.com
My 25 years of running a successful 12 location business in Ohio which I started
with less than a $100 give me a good perspective and experience that I wish to
share with you. Please leave me a comment if you like what you see and hear.
May God Bless Your Venture and Help you Succeed
“If It Is To Be, It Is Up To Me” 10 little words, all 2 letters. I live by this
rule & I 1. am sure you do too!
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