Step 1

Stay legally compliant.

From tax obligations to employment rights, it’s important for you to know the small business laws that apply to your organization.

Step 2

Define your business operations.

Business operations are the day-to-day process and routine tasks that make up your business.

Step 3

Launch your brand.

To successfully launch a brand, you’ll want to be intentional and strategic in your efforts.

Step 4

Find the right supplier for your small business.

As a business owner, finding reliable suppliers is crucial for running your operation successfully.

Step 5

Get your product in stores.

Getting your product in stores can be a huge boost to your bottom line.

Step 6

Handle your business’s imports and exports.

Importing and exporting goods is an important part of international trade today.

Step 7

Learn how to create estimates for products and services.

Creating estimates for your customers is easier than you think.

Step 8

Learn how to negotiate contracts.

Before making an agreement in the business world, you will likely have to negotiate a business contract.

Step 9

Learn ways to grow your business.

Once you start a business, your next focus may be how to sustain and grow that business.

Step 10

Manage your small business finances.

One of your most important duties as a small business owner is managing your company’s finances.

Step 11

Manage your business taxes.

Managing your business taxes is complex and complicated.

Step 12

Protect your business from cybersecurity threats.

Cybersecurity should be a fundamental concern of every small business. You need to spend time, effort, and money on keeping your technology and data secure.

Step 13

Sell your small business.

Selling a small business is a complex process that requires careful planning and preparation.

Step 14

Transfer business ownership.

It may eventually become necessary to transfer business ownership for a multitude of reasons.