start a small business – checklist

1
STARTING A BUSINESS 1. GET THE BUSINESS IDEA Identify 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 PLAN Idea description & SWOT analysis Marketing strategy Legalities & risk management Proposed operations Financial statements 5. BUSINESS SET-UP Idea 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.

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Page 1: Start a small business – checklist

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.