Session 9: Business Launch
9a. Regulations & Compliance 9b. Managing Business Risk 9c. Business Readiness Checklist 9d. Strategic Mapping Worksheet Summary
PURCHASE OPTIONAL
WORKBOOK


1. Self-Assessment
2. Business Idea
3. Market Analysis
4. Management Skills
5. Business Planning
6. Forecasting
7. Financing
8. Support Help
9. Venture Launch
10. Monitor Progress
Graduation Certificate

Module 9c: Business Readiness Check List

The Business Readiness Check List will help you to identify the various issues you must be aware of, and on top of, before you can actually start your new business.

Instructions: Carefully review the following Business Readiness Check List to identify the issues you need to plan for. Select the category term, "Addressed," "Does not apply," or "Needs attention", that best represents the status of your progress on that particular issue. Create an action plan for each item that you identified as "Needs attention."

Please fill in questions proceeded by a double asterisk and marked in red

REGISTRATIONS AND REGULATIONS

1. Establish a business location

  • Addressed Does not apply Needs attention

  • Addressed Does not apply Needs attention

    • 2. Select a name for your business

  • Addressed Does not apply Needs attention

  • Addressed Does not apply Needs attention

    • 3. Choose a business structure

  • Types of Business Entities" in BUZGate FAQ's to understand the types of business formations available for establishing your venture. For additional advice on which type to choose, consult with your accountant or attorney

    Addressed Does not apply Needs attention

    • 4. File for an Employer Identification number (EIN) with the IRS

  • Obtaining a Tax ID" section in BUZGate FAQs for an EIN application

    Addressed Does not apply Needs attention

    • 5. Business Law

  • Addressed Does not apply Needs attention

  • http://www.abanet.org)

    Addressed Does not apply Needs attention

    • INSURANCE

    1. Determine your business insurance needs

  • Addressed Does not apply Needs attention

  • Addressed Does not apply Needs attention

    • RECORD KEEPING

    1. Plan a system for recording important financial information

  • Addressed Does not apply Needs attention

  • Addressed Does not apply Needs attention

    • 2. Plan a system for recording and paying taxes

  • http://www.irs.gov/businesses/small/article/0,,id=176080,00.html

    Addressed Does not apply Needs attention

  • Addressed Does not apply Needs attention

    • 3. Plan a system for recording and tracking inventory levels

  • Addressed Does not apply Needs attention

    • 3. Plan a system for planning, recording and tracking employees time

  • Free Tools for tracking tools

    Addressed Does not apply Needs attention

    • ADVERTISING

    1. Advertise your business and location

  • Addressed Does not apply Needs attention

  • Addressed Does not apply Needs attention

  • Web Marketing article)

    Addressed Does not apply Needs attention

  • Addressed Does not apply Needs attention

    • UTILITIES

    1. Make arrangements for needed utilities

  • Addressed Does not apply Needs attention

  • Addressed Does not apply Needs attention

    • EQUIPMENT and SUPPLIES

    1. Decide and purchase necessary equipment, technology and supplies

  • Addressed Does not apply Needs attention

  • Addressed Does not apply Needs attention

  • Addressed Does not apply Needs attention
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