The Starting a Business Checklist: Top 5 Things You Need to Do Before Starting a Business

Open for Business on New Year's Day?

It all starts with an idea, and whilst having something you’re passionate about is a crucial component to a business, it will take a lot more than this to get things off the ground. It will take planning, skill, time and resources in order to get your business to where it ought to be. So, where do you even start? This list has been prepared as a means to take you through the early stages of your business, as a kind of roadmap that will allow you to build upon and run your new venture.

  1. Have a Clear Idea of What Makes You Unique

In order for a business to succeed, you will need to have a unique selling point. When you embark on creating your new business, you will need to set yourself up and market yourself in a way that clearly sets you apart from the rest of the competition. A good technique for getting this down is by trying to put what makes you unique into two sentences and memorising it. Treat this as your mantra when you eventually pitch to potential customers and investors.

  1. Get Suitable Transport

Chances are at some point you are going to need access to suitable transport. What constitutes as suitable will depend on the kind of work you are expected to do. For instance, if you are going to be delivering products, you will need to invest in a van. This does not have to be an expensive endeavour. For example, if you are looking for used vans Merseyside, simply by checking out John Charles Motor Group, you will be met with an array of different options.

  1. Create a Business Plan

A business must have direction in order to succeed. One of the best ways to give your business some level of direction is by creating a solid business plan. This will involve summarising where your business is now, as well as mapping out your vision for how it will work, take off and continue to work in the future.

  1. Set Up a Business Bank Account

Even if you are only just starting out, it’s a good idea to not use your personal account for your business’s finances. Instead, ensure you create a business account that will allow you to keep an eye on your outgoings and incomings, without having to weigh them up against what you already have in your own account.

  1. Create Your Website

The internet is one of the greatest marketing tools available to businesses as now so much of how we consume and purchase goods is done online. As such, having a website is absolutely essential for every business. You can create a website yourself using popular apps such as Squarespace, Moonfruit, Onepager and WordPress, which will allow you to get online incredibly quickly. You can always improve or refresh your site at a later date if you decide you don’t like it; however, setting up a site should be one of your top priorities.

Previous articleHopeful & Homeless: The story of 7-figure trading expert Jessica Laine
Next articleBorn this way: The Story of Darez Meriwether