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Starting a Business in 2017 - A Beginner Checklist

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by Startacus Admin

starting a business in 2017

If the New Year has given you the
motivation to start that new business you’ve been thinking of for a while, there will be a lot to consider and plan in the coming weeks. We have put together this 10 area starting-a-business checklist to help you a little, rounding up some of our most useful beginner articles on the subject, plus some top content from around the internet.

 

Concept stage

The first step to starting a business is knowing what business you want to start. But how do you go about working this out, and how do you know if it’s a viable idea once you do?

business planning

Business plan

The good news is that writing a business plan isn’t as hard and complex as you might have been led to believe. It is, however, an extremely important part of your budding business, so don’t neglect it.

Business structure

The question of whether your company should be a limited company, a sole trader, a partnership, etc., is a daunting one to a first time starter-upper (that’s definitely a thing). Don’t let it scare or depress you, but don’t totally disregard the decision either.

Branding

start a business 2017

When you get going, one of the first things you need to get onto is building your brand. This takes various forms, from coming up with a decent business name and logo to how you’ll present yourself to the public.

Finance

What business is going to work without money? Only those based on black magic, we suspect. From startup funding to your revenue model, there’s fiduciary forethought required.

Location

start a business

Are you going to work from home? Rent an office? Find co-working space? Location is more important than just finding somewhere to put your computer.

Software and tools

Not everyone will have the funds to start off with all the top-of-the-range software needed for conducting all aspects of their new business. Luckily, there are a lot of free and inexpensive tools and apps available to get you going (some of which are top of the food chain anyway). Here’s what we’ve put together for the following needs:

Legal and practical matters

It’s easy to get carried away with how well your new product or service is going to do, how you are going to interact with your legions of customers, and so on, but there are some important practical and legal considerations you can’t neglect.

Marketing and sales

Without marketing, no one knows you exist; without sales, you soon won’t. Getting your name out there and coming across well is important right up to the point that you sell your business for billions, but never more than when you’re getting started.

starting a business 2017

Goals and targets

Even while setting up, you need to be thinking of the future. Setting goals and targets can be the key to success.

There are a lot of things to consider when starting a business, and it can be daunting. **Of course make sure to also get current and in-person advice too as online articles and guides can become out of date and no-longer relevant, but hopefully these handy beginner articles will help get you off to a good start. Good luck.


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Published on: 9th January 2017

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