business startup checklist

Legal Requirements

Choose a business name

Obtain necessary licenses and permits

Set up a business structure (LLC, Corporation, etc.)

Obtain an Employer Identification Number (EIN)

Determine if any specific industry regulations apply to your business

Obtain any industry-specific licenses or certifications

Draft and review contracts or agreements with vendors, clients, or partners

Protect intellectual property through trademarks, copyrights, or patents

Secure necessary insurance coverage for your business activities

Set up a system for record-keeping and compliance with tax laws

Establish a protocol for handling legal disputes or issues that may arise

Financial Planning

Create a business plan

Secure funding or financing

Open a business bank account

Set up accounting and bookkeeping systems

Determine pricing and budgeting strategies

Marketing and Branding

Develop a marketing plan

Create a logo and brand identity

Build a website

Establish social media presence

Develop promotional materials

Operations and Logistics

Secure a physical location or office space

Purchase necessary equipment and supplies

Hire employees or contractors

Set up a payroll system

Implement inventory management systems

Customer Relations

Develop a customer service strategy

Create customer policies and procedures

Implement a customer feedback system

Develop a customer retention plan

Establish communication channels with customers

Technology and IT

Set up necessary technology infrastructure

Choose and implement software tools

Develop a cybersecurity plan

Establish data backup and recovery procedures

Train employees on technology systems

Legal and Compliance

Create legal agreements and contracts

Develop a privacy policy

Obtain necessary insurance coverage

Ensure compliance with industry regulations

Stay up to date on legal changes and updates

Human Resources

Develop an employee handbook

Create job descriptions and performance evaluations

Implement a training and development program

Establish employee benefits and compensation packages

Create a company culture and values statement

Sales and Revenue Generation

Develop a sales strategy

Create a sales funnel

Set sales goals and targets

Implement a CRM system

Develop a pricing strategy

Expansion and Growth

Create a growth plan

Establish partnerships and collaborations

Explore new markets and opportunities

Implement a scaling strategy

Continuously evaluate and adjust business operations