Let's review the basics on getting a business open from documents to registration to licensing. You will need a bank account and basic financial reporting. You will need contracts for employees and customers, and you'll want a place to work in an office or remotely.
A simple checklist to getting your company open for business.
How to set up a business bank account and track your financials.
Make sure you prepare a template for customer contracts and employee offer letters.
Give some thought to whether you will be taking an office, signing up for co-working, or being remote.
One of your most important jobs as a founder is getting people in the boat with you - employees, investors, customers.
We often get asked if a technical co-founder is needed. The answer depends on your business sector and more.
A co-founder relationship is like a marriage, it's going to be for a long time. Make sure you are compatible.
Your early hires are critical to success. Hire less people that are strong before you comprise standards.
You need to focus on revenue and traction before you go out and try to raise Seed capital.
Get practical advice here on how to structure your pitch deck for investors.
Accelerators can be a great lift for your business. Make sure the timing is right and you select the right one for you.
A multi-year financial model for a brand new company? Waste of time. Tips on how to get something done quickly.
Outsourcing can be a powerful force multiplier for early stage startups, but do it carefully. Here's how to approach it.