3 Critical Steps You Need to Do Before Launching Your Business

by SurePayroll |

There is nothing more exciting for a small business owner than the days leading up to launch. While you may have a lot to think about, and even more to do, most people wouldn’t trade this experience for anything.

Here are three things to do before your big day arrives:

1. Speak with an attorney and CPA. Do you have an idea that needs protected? Have you made all the right decisions in terms of your corporation’s structure? Do you know how your tax situation will be impacted with each passing day? Even though you may be trying to save money, you must know where to draw the line. A business attorney and CPA can do things for your business you may have never considered.
2. Make a to-do list for your first week in business. Things can and will change as you get up and running, but a list will ensure that you stay on track to a certain degree. Along with this, it will better your chance of reaching any short term goals you may have set. Organization is essential to achieving early success.
3. Get on the same page with your team. Do you have any full or part-time employees? Are you dealing primarily with contractors at this point? Regardless, make sure you and your team are on the same page from day one. This will help avoid common problems that could lead to unnecessary stress during the early days of your business.

Launching a business is easier said than done. At the same time, this is something thousands of people do every year. If you will be joining them in the near future, the three steps above will better your chance of success and help you avoid setbacks that have crushed many others.

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