© Copyright Envision Corporation. 2002. All rights reserved.

Protected by the copyright laws of the United States & Canada and by international treaties. IT IS
ILLEGAL AND STRICTLY PROHIBITED TO DISTRIBUTE, PUBLISH, OFFER FOR SALE, LICENSE OR SUBLICENSE, GIVE OR DISCLOSE TO ANY OTHER
PARTY, THIS PRODUCT IN HARD COPY OR DIGITAL FORM. ALL OFFENDERS WILL BE SUED IN A COURT OF LAW.

CHECKLIST
©

C FOR STARTING A NEW BUSINESS

o
p
y
r Background work
i
g  Analyze your business idea by doing a SWOT analysis
h
t  Assess your strengths and weaknesses as an entrepreneur

E  Establish business and personal goals

n
v  Assess your financial resources and identify potential sources of funds
i
s  Identify the financial risks
i
o  Determine the start-up costs
n
 Decide on your business location
C
o  Do a thorough market research
r
p  Identify your customers
o
r  Identify your competitors
a
t  Develop a marketing plan
i
o
n Business transactions
.
 Select a lawyer and an accountant
2
0  Choose a form of organization (proprietorship, partnership, or corporation, for example)
0
2  Create your business (register your name, incorporate the business, etc.)
.
 Prepare a business plan
A
l  Select a banker and set up a business checking account
l
 Apply for business loans and grants (if applicable)
r
i  Establish a line of credit (if possible)
g
h  Select an insurance agent and obtain business insurance
t
s
First steps
r
e  Prepare corporate brochures
s
e  Build a web site
© Copyright Envision Corporation. 2002. All rights reserved. Protected by the copyright laws of the United States & Canada and by international treaties. IT IS
ILLEGAL AND STRICTLY PROHIBITED TO DISTRIBUTE, PUBLISH, OFFER FOR SALE, LICENSE OR SUBLICENSE, GIVE OR DISCLOSE TO ANY OTHER
PARTY, THIS PRODUCT IN HARD COPY OR DIGITAL FORM. ALL OFFENDERS WILL BE SUED IN A COURT OF LAW.

 Set-up corporate e-mail accounts

 Get business cards

 Obtain a lease

 Line up suppliers (if applicable)

 Get furniture and equipment

 Obtain business licenses or permits (if applicable)

 Get a federal employer identification number (if applicable)

 Get a state employer ID number (if applicable)

 Send for federal and state tax forms

 Join a professional organization

 Choose a starting date

 Prepare and deploy your communication/marketing strategy