Before you activate your business, be sure to do all the strategic thinking.
And then, take action to do the paperwork for filing.
Strategic – all the thinking you have to do
Start with articulating your business idea, and write it down
Be clear about your unique selling proposition
Conduct market research, test marketing, etc. to verify
Select your business name and its legal business status
You can do business as an individual (sole proprietor)
You can do business as a separate legal entity (i.e. LLC)
Tactics – all the actions you need to take
Register your business entity with the State of Hawaii gov.
Acquire necessary licenses and permits
Tax matters (EIN from Fed. IRS, and GET for Hawaii)
Open a business bank account
Promote your business online
Start keeping and filing all business-related records
Registering your busines name and file your business taxes.
Explains the difference between forming a Sole Proprietorship and LLC
Starting a non-profit organization
An example of a simple business plan (Jack's Sandwich Shop)
Example of a month-to-month financial outlook of income and expenses.
Refer to your business plan to come up with the income and expense numbers.
If you do not have written a business plan yet, here is a guide to a simple version.
Accounting software helps you manage financial transactions of your business.
A list of recommendations on how to find customers.
A checklist for hiring employees
Pros and Cons of using e-Commerce marketplace vs. your own online store with e-Commerce platform.
Steps and where to find a government contract information
Acquire business skill quickly based on your experience
Steps to publish your book (without any cost to you)
Tips for starting and running a small business
Terms you often hear about while you are starting a business.
Explains what it takes to build a technology company