Start-Up Checklist

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Start & Launch Your Business

Blaque Net is an inclusive business platform supporting entrepreneurs, with a focus on empowering underserved minority-owned businesses.

Start-Up Business Checklist

Use this checklist to ensure you complete all essential steps when starting your business.

1. Business Planning

βœ… Define Your Business Idea & Target Market

  • Conduct market research and validate your idea.
  • Identify your ideal customers and analyze competitors.
  • Choose a business model (service-based, product-based, etc.).
  • Use the SBA Business Plan Tool

βœ… Choose & Register Your Business Name

  • Ensure your name is unique and not trademarked.
  • Check availability for a matching domain name.
  • Secure your name legally at the state or federal level.
  • Register your business name

2. Legal & Structure

βœ… Choose a Business Structure

  • Sole Proprietorship: Simple, but personal liability.
  • LLC: Limits liability, tax flexibility.
  • Corporation: Best for large-scale growth, legal protection.
  • Compare business structures

βœ… Register Your Business & Get an EIN

  • Register your business with your state.
  • Apply for an Employer Identification Number (EIN) for tax purposes.
  • Apply for EIN

βœ… Obtain Licenses & Permits

3. Business Banking & Finances

βœ… Open a Business Bank Account

βœ… Set Up Accounting & Tax Management

  • Use software like QuickBooks, Wave, or Xero.
  • Keep track of income, expenses, and tax deductions.
  • Consider hiring an accountant for tax planning.

4. Business Credit & Funding

βœ… Get a D-U-N-S Number (Establish Business Credit)

  • A D-U-N-S Number is required to establish business credit.
  • It helps secure financing and vendor accounts.
  • Apply for a D-U-N-S Number

βœ… Explore Funding Options

5. Branding & Online Presence

βœ… Secure a Domain Name & Website

βœ… Establish Social Media & Business Listings

  • Set up pages on Blaque Net and other social platforms.
  • Claim your business on Google My Business & Yelp.

6. Compliance & Insurance

βœ… Get Business Insurance

  • Liability insurance, product insurance, professional liability.
  • Workers’ compensation if you have employees.
  • Find business insurance

Summary: Your Business Launch Roadmap

  • βœ… Define your business idea and target market.
  • βœ… Choose a business name and register it.
  • βœ… Select a business structure and register legally.
  • βœ… Obtain an EIN and necessary licenses.
  • βœ… Open a business bank account and separate finances.
  • βœ… Apply for a D-U-N-S Number to build business credit.
  • βœ… Establish an online presence (website, social media).
  • βœ… Explore funding options for business growth.

 

Ready to launch? Join the Blaque Net community and grow with us!

 

Disclaimer: Blaque Net does not guarantee grants, funding, or loans. These resources are for informational purposes only. Please conduct your own research and verify eligibility requirements before applying.

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