Starting a new business is an exciting time with all great intentions of being successful; however, there are many who jump into this venture only to find they weren’t equipped to handle the many facets of starting your own business.
Avoid the ‘I don’t know what I should know’ frustration. Here’s a great Checklist all Entrepreneurs should have when taking the first steps into the world of Start-ups:
For 50 years, Score, a nonprofit association, has dedicated itself to helping small businesses get off the ground and reach their goals through education and mentorship. They partner with the Small Business Administration (SBA) to provide free business mentoring and low- or no-cost workshops at over 300 SCORE offices across the country.
Related Article: The Journey to Entrepreneurship Success
Here are some useful links to get you started:
- Find a Mentor – Get connected to a network of volunteer business mentors providing free answers to your business questions.
- Sign up to Workshops – Useful interactive workshops
- Browse the Library: Extensive articles on Best Practices and Research
Small Business Administration:
The U.S. Small Business Administration works with Small Businesses to provide loans, loan guarantees, contracts, counseling sessions and other forms of assistance, since 1953.
Their services include Business Financing, Entrepreneurial Development, Government Contracting and Advocacy. Click HERE to learn more about services in your area.
Networking is a necessity in business as it can lead to more business opportunities, find mentors who can help you through your start-up journey, as well as help build your company’s brand in your industry. Building and nurturing professional relationships improves the quality of work and increases job satisfaction.
The advice often given when someone is starting a business is finding a good lawyer to help you through legal issues, but as a start-up that’s a large expense many can’t afford at first. Score is a good place to get some advice, as they have lawyers available; however, that assistance is limited. Many have turned to online legal advice site like LegalZoom , to help incorporate their business.
If online legal advice is not for you, get recommendations from within your network on Law Firms they . Ensure it’s someone you trust making the recommendation, but also ask for references on past & current clients.
Similar to the process of finding a good lawyer, having a good Accountant is imperative for your business. Again, getting recommendations within your network is typically the best way to find a good accountant.
That said, using Accounting systems like Quickbooks to keep track of your business expenses.
Start a website:
A business should always have a website to allow your customers to not only find you, but also to learn more about your services or products.
Related Article: A Business without a Website, Is a Brand without a Face
A good logo is important for a successful business, as are business cards. It helps put a ‘face’ to the name of our business, which easily sets you apart from your competitor. Many turn to online design companies like VistaPrint to help not only create logos, but business cards and other branding items, such as banners, pens & stationary.
Related Article: Best Practices: Social Media for Business
Is there anything else you would recommend? I’d love to hear from other experts on any additional essential resources I may have missed that you’d recommend for those jumping into the the startup world.