Homebased Business Startup Checklist
Use this extensive checklist to make sure that you cover all your steps when starting a homebased business.
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Write your business plan and create a schedule for regular updates to it. Create your marketing plan. Create a financial plan. Determine if you have enough money to survive for six months while your business gets off the ground. Decide if you need start-up funding. Making Your Business Legal- Business name
Have you said it aloud to make sure it's easily understood and pronounced? Has it passed muster--including a spelling test--with your family and friends? Have you checked the local Yellow Pages and with your local business authority to make sure the name is available? Have you started your trademark search? Have you filed your DBA? Have you registered your trademark?- Business licensing
Obtain a city business permit. Obtain a county permit, if necessary. Determine whether you need professional licensing from your state. Inquire as to any other permits you might need, including a fire inspection or sign permit. Determine the proper amount of sales tax you need to collect and obtain a "seller's permit."- Other legal tasks
Determine if your neighborhood is zoned for home businesses, and if you need to be aware of any regulations (parking, signage, etc.), Find an attorney who specializes in small businesses. Decide which business structure (sole proprietorship, partnership, corporation, limited liability partnership, limited liability company) you desire for your business, and contact your attorney to get the paperwork underway. If you plan to hire employees, obtain an employer ID from the IRS and any forms you and your employees need to fill out. (Also inquire at your local INS office for an Employment Eligibility Verification form (Form I-9), which proves your employees have the legal right to work in the United States.)
Money Get a business bank account. Buy business accounting software. Hire an accountant. Determine your start-up financing needs. Create a budget. Your Office- Decide which technology you need, including a computer, PDA, communication equipment, an office suite of software and computer peripherals like printer, scanner and storage devices.
- Outfit the office for visitors if your business requires them. Create a sitting area, and make sure visitors can access it without traipsing through your house.
Marketing- Create a logo and print identity for your marketing materials.
- Write a marketing plan.
- Build your website.
- Join networking organizations.
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