start a small business – checklist
TRANSCRIPT
STARTINGA BUSINESS
1. GET THE BUSINESS IDEAIdentify your likes and skills
Identify your personal goals
Find common themes
Desktop research
Confirm your business readiness
CHECKLIST
www.injust5.com
2. RESEARCH Licenses, regulations & insurance
Structure, location & employees
Funding, loans & grants
Brand & name protection
Target market & selling point
3. CONSULT EXPERTS Accountant/Financial advisor
Solicitor
Marketing
Regulators/Authorities
Industry representatives
4. DEVELOP BUSINESS PLANIdea description & SWOT analysis
Marketing strategy
Legalities & risk management
Proposed operations
Financial statements
5. BUSINESS SET-UPIdea description & SWOT analysis
Develop action plan
Implement, monitor & review plan
Get help if needed
Don't get disheartened!
See www.injust5.com for more detail.