This step-by-step business startup checklist outlines the necessary steps for properly launching a new business venture. When starting a company, it’s important to know what tasks need to be completed and in what order.
The checklist covers common startup activities, even for bootstrap companies with minimal funding. Many are legally required, regardless of business type.
However, not every item will pertain to your specific business. For example, you may opt not to trademark your name before opening. Or your location may not mandate publishing a notice of intent.
Since regulations vary, consult local Small Business Development Centers or SCORE mentors to identify additional requirements for your region and industry. These free resources can also help with other startup questions.
Here is Your Step-By-Step Business Startup Checklist
- Select a business idea that matches your abilities and interests
- Research the concept and competitors
- Research competitors
- Draft business and marketing plans
- Write a marketing plan
- Choose a company name
- Verify no patent or trademark conflicts
- Check trademark registrations to verify your right to use your chosen name
- Check domain name availability
- Register your business name and get a certificate
- Purchase the domain even if not immediately used
- Trademark your name
- Select a location or home office space
- Review zoning regulations
- File partnership or incorporation paperwork
- Acquire necessary licenses and permits
- Follow health and safety laws
- Register copyrights
- Patent inventions
- Install phone and internet services
- Order phone, Internet, and any utility services needed for a business location that isn’t home-based . . .
- Get appropriate business insurance for your business
- Arrange health coverage if needed
- Consult an accountant about taxes and recordkeeping
- Apply for a sales tax number if needed
- Obtain sales tax and FEIN numbers as needed (Federal Employer Identification Number)
- Inquire about workers’ compensation and unemployment insurance if hiring
- Open a business bank account
- Implement accounting systems or software
- Establish funding and budget
- Have a logo designed
- Order branded stationery, cards, and checks
- Order business checks*
- Purchase inventory
- Purchase needed equipment, and supplies
- Order signage and fixtures
- Order fixtures
- Find a web hosting provider and launch your site
- Set up branded email (preferably using the business domain name)
- Create social media pages
- Build a customer email list* for newsletters and promotions
- Prepare brochures and fliers
- Send out publicity releases
- Decide on advertising methods
- Tell friends, family, and acquaintances about the launch of your business
- Plan and implement low-cost business promotions
