Checklist for Starting a Business
Name Ideas
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Target Audience
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Planning
– Create a business plan
– Choose a name
– Research supplies
– Estimate startup cost
– Estimate manufacturing cost
– Research competition
– Set realistic goals
– Research pricing for items
– Research local markets
Marketing
– Buy a domain name
– Create a website
– Create a business email
– Create social media account
– Create mail list
– Create email signature
– Order business cards
– Photograph sample products
– Apply to local markets and events
Business
– Choose legal structures
– Register Business name
– Obtain UEN
– Obtain licenses and permits
– Set up accounting system
Product & Services
– Designate a workplace
– Order supplies
– Create sample products
– Create an inventory list
– Create a pricing list
Branding
– Choose brand colors
– Design logo
– Create a tagline
– Order business cards
– Design products packing
Finances
– Open business banking account
– Create digital payment system
– Create order management system
– Purchase POS if necessary