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How to Start a Company 1-2-3
- Create a business plan. You can either hire a business plan writer or use business plan software to
complete the task yourself. Bplans.com has over 500 free business plans that you can
view online to get an idea of how to write one.
- Small Business Financing: Get any financing you need for your business. Whether you
need a small business loan or a company credit card, there are several options available.
- Obtain the necessary business licenses. Check with your local government office to find out which
licenses and permits you need for your company and how to apply.
- Before your decide on a location for your company, check with your local government office about zoning ordinances and possible land use restrictions.
Also check the competition of similar businesses in the area. Is your product or service needed in the
area, or would you be better off locating somewhere else? Would you be able to reach a smaller niche
market?
- Set up a business bank account with your local bank. Check that the bank is FDIC is insured.
A business bank account has many benefits, including keeping your personal and business finances
separate for tax purposes and giving you a resource to acquire financing for your company.
- Meet with an accountant to discuss tax strategies and ways to maximize your business tax deductions. Local business owners you know can often be a great source
of referrals if you don't already have an accountant.
- File your fictitious business name with the county clerk. You may also want to incorporate your business. You can do this yourself using resources online and save
hundreds or even thousands of dollars.
- Avoid high legal fees with do-it-yourself small business legal forms These
standardized legal documents can help you do that with buy/sell/rent contracts, hiring forms, borrowing and
lending paperwork and much more (over 60 legal forms WITH Instructions!) Think of all the money you'll
save.
- Find out insurance requirements from a local insurance agent. The IIABA (Independent Insurance Agents & Brokers of America) can help you find a
reputable agent in your area. You can also use insurance network websites to get business insurance quotes for free.
- Get a company phone line. You may be surprised to find out how cheap it can be to set up a
toll-free 800 phone number, a multi-line phone system, VoIP or add an additional
phone number to your existing service. You can even find online conferencing services for cheap.
- Order business cards. Often overlooked, business cards can be a very efficient and low cost advertising
method. See how you can design your own professional business cards online >> Free Business Cards. See also: 30-50% off Postcards, Brochures and
more Design your own marketing pieces online - templates are provided and the printing is done for
you.
- Get a company website. A website can help you sell your products or services by simply providing
detailed information that potential customers want. You can save money by creating your own website with simple online design programs, or outsource the job
to an affordable website designer.
How to Start Your Own Company with Step-by-Step Start-up Guides
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