STARTING
A BUSINESS CHECKLIST
1. GET THE BUSINESS IDEA Identify your likes and skills Identify your personal goals Find common themes Desktop research Confirm your business readiness 2. RESEARCH Licenses, regulations & insurance Structure, location & employees Funding, loans & grants Brand & name protection Target market & selling point 3. CONSULT EXPERTS Accountant/Financial advisor Solicitor Marketing Regulators/Authorities Industry representatives 4. DEVELOP BUSINESS PLAN Idea description & SWOT analysis Marketing strategy Legalities & risk management Proposed operations Financial statements 5. BUSINESS SET-UP Idea description & SWOT analysis Develop action plan Implement, monitor & review plan Get help if needed Don't get disheartened! See www.injust5.com for more detail.
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