Before You Can Start a Business

Before You Can Start a Business

We all read claims that you can have your new business ready “overnight” or “in just days.” Some of the ads say “little effort on your part” or “no preparation required.” In reality, even the smallest home-based business doesn’t “just happen.” Many steps require a great deal of thinking, planning, and researching. You need to know what you want to do, how much help you want, who you want to work with or if you want to go it alone, and arrange financial assistance (if necessary).

That’s a lot, and you haven’t even really started yet! Though it might seem like it, I’m not trying to talk you out of starting your business. In fact, I highly encourage it if that’s your goal. However, everyone should enter entrepreneurship with open eyes. When you’re ready, the first things you’ll need to do are to determine your company name and file your business with the state. You will also need to purchase insurance and (in this industry) a bond. If you don’t have your office equipment, you will need a computer, printer, paper shredder, and camera.


Before you can start your home inventory business

So far, so good. With that done, you will have a list of items that need to be addressed before you can get started:

    1. Purchase your domain name
    2. Create a logo
    3. Research the industry so you know to whom and how to market your service
    4. Hire a web designer/developer
    5. Hire a content writer for your website, brochures, flyers, newsletters
    6. Research inventory software and test them to ensure you make the right decision
    7. Research photo software (if it’s not part of your inventory software)
    8. Design and order business cards
    9. Create a business plan
    10. Develop your inventory processes and procedures
    11. Establish your office procedures
    12. Create office forms
    13. Determine what services you will offer
    14. Decide on your pricing structure
    15. Hire a business coach or find a mentor
    16. Write and distribute a press release announcing your new business


Wow! And there are many little details for most of these items that I didn’t include. It is amazing how much there is to do just to get ready to do business, isn’t it? Consider how much faster and easier it would be if someone could do all of this for you!

Instead of going it alone, below is your checklist if you choose to become a Licensee of Nationwide Inventory Professionals:

  1.  Contact Nationwide Inventory Professionals. Click here to request more information.

While we take care of all the 16 start-up tasks (and more), you can devote your time promoting your business. A key element here is that you will be ready to do business within 30 days – we include this promise in our contract!