New Business Checklist
Get Started on the Right Track
First Things First
Before You Start
- Assess your strengths and weaknesses
- Establish business and personal goals
- Assess your financial resources
- Know your credit score
- Identify the financial risks
- Determine the start-up costs
- Do market research
Business Startup Checklist
- Consultation with MBA or MTCC Small Business Center
- Enroll in the GEM class
- Prepare a business plan
- Choose a form of organization
(sole proprietorship, partnership, corporation or LLC)
- Obtain your federal and state tax ID numbers
- Obtain all necessary permits
- Select an accountant and attorney
- Open a business bank account and obtain a business credit card
- Set up your business accounting/bookkeeping
- Obtain business insurance
- Ensure you comply with government requirements
- Determine your business location
- Create necessary forms
- Obtain business financing
- Create a logo, business cards, letterhead, envelopes, etc.
- Secure your company’s website domain name, create a website,
and claim Google Business listing
- Create a marketing plan