To start a business, you must narrow your ideas, determine goals and plans to achieve them. Develop a business plan, get training, choose a location, and find financing. Decide on a legal structure like sole proprietorship or partnership. Register your business name and get a tax ID number. Enroll in state and local taxes, get licenses and permits, hire employees, and advertise your new business using various methods. Over time, look for ways to expand your business through partnerships or new campaigns.

2. Starting a business
o Narrow down your ideas and jot them
down
o What are your business goals?
o How do you plan to achieve them?
o Are they achievable or not?
o How much are you determined to
achieve them?
• Make up your business plan

3. • Get your focus on availing training on
business
o Getting into the industry needs to have
some homework
o Need to have business assistance
○ In having financial assistance
○ Expanding the business
Starting a business

4. • Choose a business location, beforehand
 Find a place that is friendly to consumers
 Where they would be more attracted
 Meet the terms with the laws
Starting a business

5. • Your business needs to have a financer
 Find loans that government can back-up
you with
 Venture capital, i.e. money is provided
to those companies who have recently
entered the industry
Starting a business

6. • What type of structure do you want for
your business?
 What will be the legal structure ?
○ Sole proprietorship
○ Partnership with some other groups of
industry
○ Cooperation
○ Non-profit
Starting a business

7. • Record your business name, officially
 Your government and top officials
should know the name with which you
are registering your business
Starting a business

8. • Your business should have a tax
identification number
 Your state revenue agency will
provide your business with this identity
Starting a business

9. • Enroll for state and local taxes
 Enroll with your state to obtain
○ Tax identification number
○ Unemployment insurance
○ Disability insurance
Starting a business

10. • Get your business license
 Your business needs to have a business
license and permits as soon as possible
Starting a business

11. • Hire employers and understand their
responsibilities
 By following the legal steps, you need to
hire employers
 Guide them, train them
Starting a business

12. • Advertise your business
 Build a website for your company
 Update social profiles
 Design a logo for your company
 Carry out different promotional campaigns
 Use of different mediums- television,
internet, etc
Starting a business

13. • Expand your business
 Team up with reputable, known brands
 Approach prominent bloggers for endorsing
your company
Starting a business

14. Thank you
Starting a business