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First 90 days: The start-up checklist every new small business needs
We’ve compiled an essential checklist of the key tasks and activities that need to be considered in the first 90 days of starting a new small business.
Days 1-30
Don’t quit the day job until you have to
Talk to business owners and peers that you know and trust
Get family and friends on board with you
Consider a co-founder
Join an online business community
Define your customer profile
Research the market
Assess the competition
Develop a brief business plan
Choose a business name
Register a website domain name (or two)
Make a list of suppliers and distribution partners
Make something you can show people
Find your first customers
Look for small business grants and/or consider raising investment
Decide if you need premises or can work from home
Days 30-60
Register your business
Design a logo
Build a simple website
Set up your social media profiles
Set up your business banking
Set up your accounting system
Assign responsibilities to co-founders
Days 60-90
Take out insurance
Hire your first employee (if required)
Set up your contact management system
Create press releases and advertisements
Purchase relevant equipment
File for trademarks and patents (if required)
Refine your pitch
Refine your product, marketing and sales approach
Start your revenue stream - don't wait for things to be perfect
Launch with a bang!
This creates a private checklist in your account.