We’re here to guide you through the most basic steps in launching your own business. Why not take the chance on your idea, if you can implement it in an efficient way with low enough risk? We believe that anyone has the ability to become their own boss. The digital world that we have been forced to live in has only made it more apparent the importance of building your own brand and creating avenues for additional income. Get ready to take action to start planning your business!
Name Availability - Is your business name even available? Each state has their own name check tool, so you will need to run the check for your applicable state. I'm sharing the PA Business Entity Search for our local readers!
Register your Business - Uncle Sam wants his tax dollars, so file for your EIN. Registration requirements are done state by state but overall the objectives are similar, meet local and state requirements. SBA.Gov is a great resource for anyone making their business official. PA residents get to even walk through a custom checklist on the PA Business One-Stop Shop that tells you exactly what you need to do to get started with the type of business that you want. Surely, there are other states that have something similar.
Strategy - Figure out the simplest way to run your business. We encourage our clients to focus on low startup costs, generating cash flow and creating a minimum viable product when trying to idea generate. You should develop a strategy that is ethical and sustainable. When businesses try to reach their goals by holding moral values, it can have an exponential effect of creating good in the world.
Social Media - The easiest and most inexpensive way to let people know you are out there is to create social media pages for your business. Social Media creates alternative ways for your clients to connect and make purchases from your business.
Website - The web is connecting us like never before. Creating a website is the most complete way to showcase what your business has to offer. Add custom features to make your site unique. Check out some examples of the features I have added to a small business websites like live chat, e-commerce stores, galleries, and animation so that customers can have a seamless experience in connecting with the brand. An SEO strategy is crucial to getting your site ranked and noticed. Take our Website Intake form if you'd like a quote on a custom website design.
Sales - Most people cringe at this word and I used to too! There are many ways to do sales and it doesn’t have to make you feel uncomfortable. Selling something you want to share with people is the first step in making the process easy. There are plenty of fish in the sea, you shouldn't have to beg people to buy what you sell. Consider e-mail marketing or a lead generation service, if you prefer to just let the leads come to you.
Drive Efficiency - Make computers do the work. Research what software professionals in your industry use to run their businesses. As an affiliate partner of Novo, we encourage business owners to drive efficiencies fintech. The more you are able to get rid of redundant, time consuming tasks, the more time you will have to dedicate to tasks that have high profit margin.
Hope your find these tips helpful as you start planning your business. Please share in the comments section if you have other resources to help people get started. We offer business consulting services in all of the areas discussed. If Small Business Startup Solutions can help you get started, please schedule your consultation.