Planning

0 / 5

• Define your business idea and target market
• Choose a business name and check its availability
• Write a simple business plan
• Research licensing and permit requirements for your industry Rules vary by country and municipality, so check with your local authority.
• Estimate startup costs and initial budget

Legal and registration

0 / 5

• Register the business name with the relevant authority
• Apply for a tax identification number
• Register for VAT or sales tax if required by your revenue level
• Check zoning rules if operating from home
• Review contract templates for clients or suppliers

Finance

0 / 5

• Open a separate business bank account
• Set up bookkeeping software or a spreadsheet system
• Decide on an invoicing process and payment terms
• Research required business insurance
• Set aside funds for estimated tax payments

Launch

0 / 5

• Set up a business website or online profile
• Create business cards or marketing materials
• Register on relevant business directories
• Announce the launch to your network
• Schedule a recurring time each month for bookkeeping