Check List for small business startups

1. Know what type of business you would like to start and learn all you can about it.
2. Appraise your business strengths and weaknesses. Be strict and objective.
3. Conduct thorough research of potential customers, your trade or industry, your competition, your licensing and tax requirements, location, and name.
4. Determine type of business organization (ie. Proprietorship, Partnership, or Corporation)
5. Evaluate possible site locations. Check physical condition, suitability, traffic flow, parking, utility requirements, and cost.
6. Prepare a comprehensive business plan - include your action timetable.
7. Decide on your business hours.
8. Secure necessary capital. (Bank loan, budget to save, borrow on insurance, etc.)
9. Obtain needed facilities, equipment, furnishings, signage, supplies, stock.
10. Recruit personnel. Establish job descriptions and training program.
11. Print business cards, stationery, invoice or statement forms.
12. Register name of business (your assumed name) and/or file articles of incorporation with the Securities and Exchange Commission of Pakistan.
13. Secure any necessary permits, licenses, or zoning variations. Check with both local and federal licensing agencies.
14. Register your business with the Securities & Exchange Commission and obtain Tax (Sales & others if applicable).
15. Register for Income tax number.
16. Establish bank account (separate from personal account). Shop for the bank and services that best suit your needs.
17. Issue news releases. Publicize your new venture.