What are the steps to follow to have your business “up and to running”?
There are more than 28 million small businesses in the United States, making up 99.7 percent of all U.S. businesses, according to the Small Business Administration. Some of the most popular reasons to start a business, include having a unique business idea, designing a career that has the flexibility to grow with you, working toward financial independence, and investing in yourself.
But not every small business is positioned for success. In fact, only about two-thirds of businesses with employees survive at least two years, and about half survive five years. Considering this, make sure you follow all of the necessary steps when starting your business, so you can set the foundation for success.
Here are 30 steps that are required to start a business successfully. Take one step at a time, and you’ll be on your way to successful small business ownership.
They are not easy but still possible if you know what to do. If you like the idea and would like to deep-dive into each and every topic, join our 7-day FREE My First Business Academy Program
Decide What Business To Start
Learn how to assess your business niche using analytics, data, and online tools, so your decision is rational and thought through.
Create Your Vision And Goals
Setting business Vision and Goals can be fun. Be able to formulate your strategy with ease.
Run The Numbers
Having a profitable business is about keeping your money right. Therefore, calculate your start-up budget. To save your time use templates and guidance to make your life easier.
Identify Your Market
Did you know that you can have the same product but your offer might be different? Identifying your target business persona might give you unlimited possibilities to sell your product.
Develop Value Of Your Offer
To some extent, customers care only about themselves. Learn about ways of SPYING your competitor and getting valuable information about their proposal, so you can create your Unique Selling Proposition
Create a Business Name
Look for inspirational ideas about where to look for a business name. Remember to check if the name is already trademarked in the US or in the EU.
Make A Business Plan
A Business Plan is your road map guiding you toward your goal. It does not have to be painful. We provide the template that has all the essentials and can be filled within one day.
Setup Your Business Structure
Choose the best business structure tailored to your needs: sole proprietorship, partnership, or limited liability company
Obtain Needed Permits and Licenses
Do you know the difference between a permit and a license? Did you know that starting your business depends on many local and federal regulations? Learn about them before starting your business.
Set Up Your Home Office
A home office is not only about furniture, but also about processes and accounting workflows. Compare at least four leading accounting software tools that will make your financial life more comfortable.
Create Logos, Fliers, Biz Cards
Learn about online tools that can help you not only design your Logo but also will support you in creating mock-ups of your marketing materials. Understand that harmony between your Logo, colors, fonts, and slogan cannot be accidental if you want to achieve coherent communication.
Build Your Website
Learn why to avoid “one-click” solutions in terms of creating your website. Create your first up-and-running website step-by-step. Make your site visible to search engines.
Create an Email List Incl. Freebie
Your email list is more important than any other list. Do you know why? Because the email list is a way more safe and valuable than a list of followers on IG, Twitter, Tik-Tok and so on. It will not diminish once the social media algorithm is changed.
Create Your Marketing Plan
Create your buyer persona and use online tools that can support you in defining your audience and spy your competitors
Reach Out To Your Network
Learn on how to keep your reach-out message simple and why your network might be a “silver bullet”.
Develop Social Media Profiles
Consistent social media profile across different platforms helps to increase your reach. Posting can have various forms: podcasts, videos, blogs, info-graphics and more. Learn how to automate some posting tasks.
Send Press Releases To Media
Did you know how to write a good press release, so you can increase your chance of being spotted? Did you know that You can publish yourself a press release to the audience using an online application? Yes, there is an application that allows you to do this. We provide this in our classes.
Sign-up for HARO Report
What the heck? Check this out, and if you’re lucky, people might notice your business in the local news.
Reach-out To Bloggers And Podcasters
They are important, very important. Do you know how to do it? Learn by example, how to assess the value of a blogger or a podcaster. Even more, learn the steps to reach out to them.
Answer Questions On Forums
Build your authority. Be supportive, yet promote your business. Furthermore, identify your business niche forums and groups. There are forums like Quora, Facebook groups, business niche forums. Find the right one for you. If you are interested in how to do it, consider our 7 DAY FREE TRIAL online classes.
Consider Paid Ads
Consider pros and cons of paid ads. Learn how to assess if it is worth using powerful online tools, before you spend a penny.
Reward Program For Loyal Customers
What can you offer to your most loyal customers? Reward Program. Grow your business by engaging your customers. If you wonder how to do it, click here and learn how.
Create a Customer Service Policy
Have clear rules of dealing with customers. Treat customers as they expect to be treated on every phase of a customer life-cycle.
Deliver High-Quality Products
Word-of-mouth can help or harm your business. Use lean-six-sigma approach to keep the quality of your products in the right shape.
Creating a Marketing Calendar
Avoid chaos at all costs and use our template to plan and track all your marketing actions.
Follow-up with your prospects and customers
Learn how to convert a refusing prospect or a customer into a buying customer.
Find the right motivation
Elon Musk said – “Starting a business is not for everyone. Starting a business – I would say – number one is to have a high pain threshold.”
One more time, I would like to congratulate you. Starting your business requires tremendous energy and self-discipline. If you get to this point, it means that you are far more in the business than 30 days ago. Before starting our program, have you ever thought that there would be so many things to accomplish? You are now more conscious, and you understand that having a growing business is not happening by chance. Having a successful business means hard work, being patient, and the most important – being persistent.
There will be moments of great joy and great frustrations. You are not alone – every businessman and businesswoman has moments of up-and-downs, but as far as I talked to many of them, they have one thing in common – they don’t quit. So, DON’T QUIT! As long as you are sure you are doing right, and you are building a community of loyal customers, stay in the game. If something is important enough, you do it even if the odds are not in your favor. Remember that failure is an option here. If things are not failing, you are not innovating enough.
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