Congratulations to your new venture! We know you can do it! In such case you need help or you have further questions, feel free to seek the help of a business coach, or a professional advice. Businesses really do sometimes need a helping hand. Do not hesitate!
Time to promote your business offline and online. You may choose to start thru the various social media platform. You may also give out flyers and leaflets in your area. There are indeed various ways to effectively promote a business these days!
The first step is finding the right platform, which thankfully there are a handful of great options. Head on over to our reviews of Wix and Weebly to get a head start. They’re both very reliable, affordable and easy to use. Plus they offer free trials so you can test the waters!
If the funds to start your own business will come from your own pocket and savings, congratulations! You will start debt-free! However, in such case that you need investors, angel investors and/or a business loan, no worries - New Hampshire has a "healthy dose" of financial network. Start scouting on lenders, private entities, and bank loans.
We know picking a spot can be tough, however, it all depends on what your business will need. Would you need a small kiosk inside a mall? Or perhaps, a bigger space in the middle of the city? Or probably, you will start a small business which can be done inside your garage; its your pick.
It’s time to establish your company’s financial foundation. Where are you going to open up a business bank account? Who has the most to offer your business relative to your location? And no, please, don’t think of meshing your business bank accounts together with your personal accounts.
Even if you are starting a small business, it's the law that mandates every new and existing businesses to acquire and submit proper documents and permits thru the various state agencies. It is better to act now, than to have problems in the long run.
We’re literally talking about the “Live free or die!” state where’s there’s no sales tax. However, in this step, you should start figuring out what fees need to be paid and what forms need to be sent. And, don’t forget to see which credits, incentives, and kickbacks apply because there’s plenty. If you do not know what to do, seek professional advice or hire an accountant.
The next step has three parts to it: 1) deciding on the type of business entity you’re going to form, 2) registering said entity with the state, and 3) in the process you’ll secure/file your brand name. The main benefit however is that you’ll be protecting your personal assets (house, car, etc).
According to the U.S. Small Business Admin, a primary benefit of business planning is it allows you to see your entire startup in a very concise and illuminating way. This enables you to spearhead your focus, set realistic objectives and develop a more effective system of accountability. Without one, you’re flying blind.