Business Start Up

Choose management adviser: an accountant, an attorney and a banker
Develop a business plan, including flow projections
Using the business plan, establish a relationship with a banker for the following:
Credit-Card merchant account
Business checking account
Working capital loan
Equipment loan
Lock-box services
Select the legal entity and year-end date
Find a location for the business
Negotiate a lease
Prepare the necessary legal documents, as applicable:
Partnership Agreements
Articles of Incorporation and first organizational minutes
Bylaws
Federal Identification Number(SS-4)
State and local license application
State unemployment number
Industry-specific license
Order business cards and business stationery
Order office telephone number
Purchase adequate insurance, as applicable:
Health
Umbrella
Employee dishonesty
Malpractice
Liability
Worker's Compensation
Life
Fidelity Bond
Computer and Equipment
Register business name with local & state authorities
Establish prices for your goods & services
Promote the business's operations through:
Press release to local and national media
Advertising
Direct-mail announcement
Coupons, discounts, invitations, etc.
Seek, interview and make offers to job candidates
Place ads
Check references
Obtain payroll and withholding information (Form W-4 and I-9)

MOST IMPORTANT PART!!

Develop personnel policies and procedures
Prepare quarterly payroll returns and verify timely tax deposits
Prepare quarterly or monthly financial statements
Perform year-end tax planning, at least one month before year end
Prepare annual federal, state and payroll returns
Develop employee job descriptions
Review existing insurance coverage at least once a year
Prepare and maintain personnel files
Establish a petty cash fund and policy
Establish answering mechanism for after-hours
Join industry associations and groups
Register trademarks (word, name, symbol or device) that indicates a unique identity on which your business is building.