| You are ready to give up your job to start your new | | | | processor set up? |
| business, or even scarier, sink your savings into your | | | | 4. Premises:o Are your premises/factory/office ready |
| new business. You just want to make sure that you | | | | and equipped?o Are all the utilities that you need |
| have done everything possible to succeed so here is a | | | | connected - gas, electric, phone, broadband etc.?o Do |
| checklist for you. | | | | you have all the vehicles, computers and machinery |
| 1. Legal Stuff:o Do you have a memorable business | | | | that you need? |
| name and the associated domain name?o Do you | | | | 5. Staff:o Do you have all the staff you need?o Are |
| have a legal name and business entity?o Have you | | | | they trained or ready to be trained?o Do you have the |
| got all your licences?o Have you got all you | | | | necessary uniforms? |
| certificates such as health and fire?o Have you | | | | 6. Strategies and Planning:o Do you have your |
| registered everything you need to?o Have you told the | | | | Business Plan written?o Do you have a Business |
| tax department and got your numbers and details?o | | | | Strategy?o Do you have a Marketing Strategy?o |
| Are all your shares, statutory meetings etc correct?o | | | | Have you decided upon what Business Model you will |
| Do you have all the patents and trademarks you | | | | use? |
| need?o Do you have the legal documents on your | | | | 7. Marketing and Products:o Have you checked who |
| premises - leases, sales, mortgages etc.?o Do you | | | | your potential market is and where these customers |
| have all the posters and legal manuals etc that you | | | | are hiding?o Have you ensured that what you are |
| need? | | | | selling is really, really what your proposed customers |
| 2. Protection:o Do you have your insurances for you, | | | | want?o Do you have your pricing and upgrading |
| the company, liabilities, staff, premises and vehicles?o | | | | sorted out?o Do you have your branding sorted out?o |
| Have you got health insurance for you and staff if | | | | Do you have your starting marketing materials?o Do |
| necessary?o Do you have your pension set up? | | | | you have standard replies to customer enquiries, |
| 3. Finances:o Are your finances in place and have you | | | | invoices, receipts, business cards and letter heads |
| signed all the forms necessary?o Do you have enough | | | | sorted out? |
| and on the right terms?o Have you got your bank set | | | | Well, I guess that if you have all of this sorted out that |
| up?o Do you have your credit/debit card and payment | | | | you are ready to start you new business. Good luck! |