Starting a business?
Intellistart’s Startup Business Checklist
Here are 10 steps to help you start a business. Take one step at a time and you’ll be on your way to having a successful small business.
Step 1. Do your research
In order for a small business to be successful, it must solve a problem, fulfill a need or offer something the market wants.
There are a number of ways you can identify this need, including research, focus groups, and even trial and error. As you explore the market, some of the questions you should answer include:
- Is there a need for your anticipated products/services?
- Who needs it?
- Are there other companies offering similar products/services now?
- What is the competition like?
- How will your business fit into the market?
Need help with researching your market? Get Conversion Rate Optimisation and find your business nicheFind out more
Step 2: Make a plan
The good news is that there are different types of business plans for different types of businesses.
If you intend to seek financial support from an investor or financial institution, a traditional business plan is a must.
If you don’t anticipate seeking financial support, a simple one-page business plan can give you clarity about what you hope to achieve and how you plan to do it.
Need help with a business plan? Get in touch with a dedicated Intellistart developer and get your FREE professional business plan template!Request a Callback
Step 3: Plan your finances
Those numbers combined is the initial investment you will need.
- Small business loans
- Small business grants
- Angel investors
Step 4: Choose a Business Structure
Your small business can be a sole proprietorship, a partnership, a limited liability company (LLC) or a corporation. The business entity you choose will impact many factors from your business name, to your liability, to how you file your taxes.
Depending on the complexity of your business, it may be worth investing in a consultation from an solicitors or CPA to ensure you are making the right structure choice for your business.
Step 5: Pick and Register Your Business Name
Looking to form a limited company? Get a company formation with Intellistart and focus on making your business work.Find out more
Step 6: Get Insurance, Licenses and Permits
There are a variety of small business insurance, licenses and permits that may apply to your situation, depending on the type of business you are starting and where you are located.
Does your business need insurance? Get Insurance through Intellistart and get your business covered.Find out more
Step 7: Choose Your Accounting System
Step 8: Set Up Your Business Location
Step 9: Get Your Team Ready
If you will be hiring employees, now it’s the time to start the process. Make sure you take the time to outline the positions you need to fill, and the job responsibilities that are part of each position.
Step 10: Promote Your Small Business
Looking to grow your business? Get our digital marketing services and get your Intellistart.Find out more
How can Intellistart help?
Dedicated developers for you and your business.
All of our developers are accredited professionals
We run checks on every single developer that joins our platform.
We only work with experienced developers
Our developers have a minimum of 2 years experience and go through a rigorous process to become an Intellistart developer.
Their skills are individually validated
Our experienced team rigorously check and validate all skills and qualifications for every developer.
A hassle free startup business development
Our process makes us unique. With very few questions, we’ll suggest the right product for you.
a few questions about your business and send us a few ideas
a package that’s tailored for you and a launch date
Our business developers will carry out the formation hassle and stress free
Ready to get started?
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A joy to work with.
I have been so impressed with the expertise and knowledge in web design which Intellistart has been able to enhance my business with. Joel has been professional throughout the whole process. Working together has been smooth, and it has been reassuring to see a clear step by step plan which suits
The customer is in total control of…
The customer is in total control of decision making/advice given by Intellistart. The developer. Joel Cortez, who fitted a designed our website and marketing campaign was very professional in his work, and did an excellent job, I am very pleased with the service I was given.
The customer is in total control of…
We’ve used Intellistart to develop our website and handle our marketing. The quality and service has been nothing short of exceptional, I would highly recommend to any new or well established businesses.