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Business Startup Checklist

Legal and Regulatory Compliance

Choose a business structure (sole proprietorship, partnership, corporation, etc.)

Register your business name with the appropriate government agency

Obtain any necessary business licenses and permits

Set up a system for collecting and remitting sales tax

Business Planning

Develop a business plan outlining your goals, target market, and financial projections

Create a marketing plan to promote your services and attract clients

Establish a pricing strategy for your consulting services

Identify potential competitors and develop a strategy for differentiating your business

Financial Management

Open a business bank account

Set up accounting software to track income and expenses

Create a budget for your startup costs and ongoing expenses

Consider hiring a financial advisor to help with financial planning

Operations and Logistics

Set up a workspace for your consulting business

Purchase any necessary equipment or supplies

Develop a system for scheduling client appointments and managing projects

Consider hiring staff or outsourcing tasks as needed

Marketing and Sales

Create a professional website and social media profiles for your consulting business

Develop a branding strategy to communicate your unique value proposition

Network with potential clients and industry partners to generate leads

Implement a customer relationship management system to track client interactions

Insurance and Risk Management

Obtain business liability insurance to protect against potential lawsuits

Consider purchasing professional liability insurance to cover errors and omissions

Develop a contingency plan for handling unexpected events that could disrupt your business

Consult with a legal advisor to ensure that your consulting contracts are legally sound

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