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      Form #634Start-Up Checklist
      
        
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Owner’s Checklist for Starting a New Business
Background work 
o assess your
strengths and weaknesses 
o establish
business and personal goals 
o assess your
financial resources 
o identify the
financial risks 
o determine the
start-up costs 
o decide on your
business location 
o do market
research 
o identify your
customers 
o identify your
competitors 
o develop a
marketing plan 
  
Business transactions 
o select a lawyer 
o choose a form of
organization (proprietorship, partnership, or corporation, for example) 
o create your
business (register your name, incorporate the business, etc.) 
o select an
accountant 
o prepare a
business plan 
o select a banker 
o set up a business
checking account 
o apply for
business loans (if applicable) 
o establish a line
of credit 
o select an
insurance agent 
o obtain business
insurance 
  
First steps 
o get business
cards 
o review local
business codes 
o obtain a lease 
o line up suppliers
(if applicable) 
o get furniture and
equipment 
o obtain a business
license or permit (if applicable) 
o get a federal
employer identification number (if applicable) 
o get a state
employer i.d. number (if applicable) 
o send for federal
and state tax forms 
o join a
professional organization 
o set a starting
date 
 
 
 
     
    
    
      
        
          
            
	
    
    
      
      
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  These forms are provided to assist business owners and others in understanding important
  points to consider in different transactions. They are offered with the understanding
  that no legal advice, accounting, or other professional service is being offered
  by these documents or on this website. Laws vary in the different states. Agreements
  acceptable in one state may not be enforced the same way under the laws of another
  state. Also, agreements should relate specifically to the particular facts of each
  situation. Therefore, it is important to consult legal counsel whenever utilizing
  these forms. The Forms are not a substitute for legal advice YourFreeLegalForms.com
  is not engaged in recommending or referring members on the site or making claims
  about the competence, character or qualifications of its participating members.
   
  
 
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