___ Perform a self-assessment: Are you financially, physically and mentally ready for the challenges that lie ahead?
___ Determine if the product or service is viable.
___ Educate yourself about the industry through coaching, training and/or experience.
___ Create a business plan.
___ Choose a name for your business
___ Estimate start up and operational costs.
___ Get friends and family support; line up investors.
___ Select a business name apply for trademark if possible.
___ Register domain name for internet presence.
___ Start relationship with an attorney; takes the steps needed to separate personal finances from business.
___ Establish LLC or incorporate.
___ Determine legal requirements for doing business from the local, state and national levels. Licensing? Taxes? Permits?
___ Create a cyber presence.
___ Initiate relationship with a lending institution, set up accounts.
___ Obtain software and set up procedures for accounting and cash management.
___ Consult a certified public accountant for tax advice and audit purposes.
___ Find a good location and lease space.
___ Obtain any insurance necessary.
___ Remodel and equip place of business as needed.
___ Plan ahead: Daily work plan and schedule, annual goals and objectives, marketing, emergency operations, and long range plans.
___ Contract for additional services as necessary or hire personnel.