Small Biz Tip: Start Up Questions: First Things To Do

Tips from February 10, 2010

The Small Business tips today discuss the first things to do when starting a business.

  1. Business Plan: You need to plan out how you will operate your business, your financial forecast, strategic business goals, and more
  2. Hire an Accountant or Financial Adviser: There are many complicated financial issues that go into owning your own business, and these professionals will be able to help you out. 
  3. Open a Business Bank Account: Separate your personal and business finances with an organized filing system. Don't forget to keep track of your finances at all times.
  4. Join a Support Group: Joining a group, like a local business advice center, Chamber of Commerce, or trade organization will provide you with peer support from others who have been in your shoes before, as well as additional contacts for networking opportunities.

Daily Overview: Getting organized and connected are the two things you need to do first when starting a business.