How To Start a Company
So you decided to start your own company? Below are some things you will need to know to get
You will need to know the market for your products.
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Secure finances in the way of loans, grants or your own start up capital.
Gather information on permits, insurance, licenses and taxes that are required in your state or county.
Choose the items that you wish to sell. Examine products online or in catalogs and place your order.
Purchasing equipment or needed office or business materials and supplies can be done at local discount warehouse
stores and will usually save you money if purchasing in bulk.
Name the company and market it. Posting online, in yellow pages of phone book, or business magazines.
Hiring staff. Be sure and do back ground checks and drug test as well as fingerprinting. In a retail business,
sticky fingers would cut into your profit.
Finally, a big Grand Opening would bring customers, newspapers and lots of publicity, making your company have a
great start and for free.
Choosing what to sell, how to sell it and what to charge is the easy part of starting the company. Securing the
insurances, permits, taxes, and finances are going to be the most time consuming and unfortunately, the most
important parts to getting started.
Starting an internet type company would be one way of selling products without a lot of overhead. You will still
need the Employer identification number and to establish the need. Marketing of your product will be the most
important part of the companies success. One way to market is by establishing a domain name and web site. Searching
online can lead you to sites that have free web site builders. This way you can personalize your site, choose your
back grounds and pictures to include on your web site and then include any other web sites you would like to refer
others to. You will also need to consider how you would like to get paid for your product. Pay pal sites are one
way with out a lot of expense.
Be sure to start off with a good business plan and research and you should be very successful in your new
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