New Business Checklist
Please answer "YES" or "NO" in response to the following:
Written a description of the products and/or services that you will be providing, and you have defined the market area you are going to serve.
Written a business plan, defining both your short range and long range goals and objectives.
Written financial plan, including projected profit and loss statements and cash flow statements, for a period of at least two years for each of three cases your expected case, the best case and the worst case.
Outlined the money requirements for your start up costs and for your three cash flow projections, and secured financial backing to cover the worst case projection for at least two years.
Studied your market, checked zoning regulations and state and local licensing requirements, and found a good location for your business.
Developed a marketing plan and budget.
Decided on the type of business you will operate - sole proprietorship, partnership, LLC, or corporation.
Acquired and sought advice from an attorney, an accountant, a banker, and an insurance agent, for your business.
If you answered "NO" to any of the above...then you are not ready to start your business.
Get further help developing your business plan--call Retail Sq. Ft. at 203.401.4245 x. 205