I Decided to Start My Own Business. Now what do I do?
Okay, okay, don't freak out it's not as complicated as it seams especially if you are starting a Sole Proprietorship...just take a deep breath and enjoy this new endeavor.
Let's face it starting a business is extremely exciting and super scary at the same time. You are most likely fired up about this new found love and the endless possibilities are thrilling and exhilarating, it smells like freedom!!! Hey they say you need to dream, so dream big or don't bother but remember dream is just a dream if you don't take action. So Action!
Now time for Debbie Downer... Starting a new business is not without challenges and YOU MUST work hard no matter what you undertake.Obviously their may be some exceptions but from my experience any new business venture requires quite a bit of work initially (from admin to marketing) once on the right track you can sit back for a little while, enjoy the fruit of your hard work....but do not let go of the wheel as you may lose control faster than you think! (personal experience, so humor me and just go with this one and keep at least one hand on the wheel)
So before we delve into the world of Branding and Marketing, I want to make sure you get your business set up right from the get go...i'm not a business coach, financial advisor or HR professional so please do not use this as your bible but simply as a guideline for important business steps you may need to take. Steps may be different depending on the business type, industry and need.
I've started a few businesses myself and this is truly the tedious, boring part but essential if you want your business to run smoothly. Most businesses will be able to start in no time while incurring little cost...but it's not completely free, you will incur fees depending on the type of business you set up. So just get it done, take a few hours or a few days to create a good foundation and the right legal entity and you're on your way to victory...(I sure hope so...sorry, there's always a chance you'll give up before you make it...just a plain fact.
Again I can stressed this enough, this is just a few guiding points to get your started but you need to do you're own research as each states and cities have their own sets of rules and regulations and your field may also require some specific regulations as well. So please use this as a quick checklist not your blueprint.
That should give you plenty to do for now - Join me later as we will delve into building your brand!