CHECKLIST FOR STARTING YOUR BUSINESS

So you have decided to be your own boss- Congratulations! The good news- that was the easy part, the not so easy part is how to make your idea come alive. You don’t have to panic though; there is a pool of resources at your disposal. Here are some factors to consider:

  • Market Research: How feasible is your idea? Will your idea turn up a profit? Test the market-will you buy your own product/service?
  • Develop a business plan: This is essential for planning the success of your business. It entails your mission and objectives, target market, competition, marketing plan, revenue and growth models, operating budgets and forecasts and financial plans.
  • Funding: Do you have the required funding or will you need external funding?  How do you intend to source for funds?
  • Business Structure: Will your business be solely owned by you( sole proprietorship) or will you have co-owners( partnership)
  • Business Name: What will you call your business? Bear in mind, a name is significant in forming a brand.
  • Company Registration: Following step 4 and 5, submit an application to Corporate Affairs Commission (CAC) to have your company registered. You will need the services of a Lawyer or a Chartered Accountant to do this.
  • Tax Identification Number (TIN): Apply to any Federal Inland Revenue Service (FIRS) office for your TIN number.
  • Business Bank Account: Choose a bank that offers a low COT charge and open a corporate account with your company name.
  • Licenses/ Permits: Depending on your chosen field of business, you may require certain licenses or permits to operate in a given region.
  • Corporate Identity: Develop and design your logo, business cards, brochure, letter heads and other business documents as applicable
  • Logistics: Staffing, software, systems, etc.

SELL!!!                        SELL!!!                          SELL!!!

Comments   

0 #7 Anemonalove 2017-07-07 14:14
Hi guys! Who wants to chat with me? I'm live at HotBabesCams.com,
we can chat, you can watch me live for free, my nickname is Anemonalove , here is my
pic:

https://3.bp.blogspot.com/-u5pGYuGNsSo/WVixiO8RBUI/AAAAAAAAAFA/JWa2LHHFI2AkHParQa3fwwHhVijolmq8QCLcBGAs/s1600/hottest%2Bwebcam%2Bgirl%2B-%2BAnemonalove.jpg
Quote
0 #6 business 2016-11-16 02:12
Thank you for the auspicious writeup. It actually used to be a leisure account it.
Look complex to more introduced agreeable from you!
However, how can we keep in touch?

Have a look at my weblog; business: http://www.isizinda-aluminium.co.za/index.php/component/k2/itemlist/user/220727
Quote
0 #5 internet forums 2015-04-02 10:52
I pay a quick visit day-to-day some sites and
information sites to read content, but this website presents quality based content.
Quote
0 #4 Cumulonimbo.com 2015-03-19 07:03
Appreciate the recommendation. Will try
it out.

Feel free to surf to my blog Cumulonimbo.com : http://Cumulonimbo.com/2015/02/contoh-model-baju-muslim-wanita-di-butikjingga/18542/
Quote
0 #3 Augustine 2013-10-15 09:34
Nice post!
Quote
0 #2 Augustine 2013-10-15 09:32
I really like this post. Thanks for sharing
Quote
0 #1 Philip 2013-10-12 05:27
Straight-forwar d, simple and concise tips which every aspiring business owner / entrepreneur needs to know! Brilliant!!!
Quote

Add comment


Security code
Refresh