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Starting a Business Roadmap

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Starting a Business ROADMAP
launching a business essentials
by James D. Roumeliotis
Is unique and fulfills a need and/or solves a problem -- with a passionate entrepreneur behind it.
IDEA: a viable product or service
Placing the horse before the cart (business plan).
BUSINESS MODEL: Create one and test it
Know if there is a market for your product/service and understand it well.
TARGET MARKET: Thoroughly research your  market
ASSESSING FUNDING NEEDS: Self-funding and debt or equity
Along with putting own skin in the game, seek the balance of funding from most appropriate sources.
Writing, refining and flawless execution of the business plan. If you are manufacturing or purchasing products for re-sale, choose your vendors carefully.
BUSINESS PLAN: Create it and eventually implement it
BUSINESS FORMATION: Sole proprietorship, partnership or incorporation
Choose the most advantageous and proceed with either a simple business registration or incorporation.
Where applicable -- make certain the business will be operating legally on all fronts, as well as cover risks.
BUSINESS PERMITS/LICENSES, INSURANCE, TRADEMARKS AND TAX REGISTRATION
Every business must have an identity its target market can identify and engage with, along with a website which never remains static.
Operating a business is an ongoing process. Complacency should be avoided.
BUSINESS STRATEGY, ON-GOING REFINEMENTS AND INNOVATION
CREATE LOGO, BRANDING AWARENESS & WEBSITE
Brought to you by James D. Roumeliotis & The Start-up Agency