What Do You Need To Do To Start A Business – If you’re thinking about starting a business, you’ve probably seen business startup checklists online and know them like the back of your hand. Let’s make a plan. Choose a business structure. Safe Fund. Register your business name. But what about the tangible things you need to start a business, like a storefront or startup funding? You also need these things to get your business off the ground. Read on for our list of essentials to start a business.
It is exciting to start a business. You can make your dreams come true and finally do what you love. However, the moments leading up to your opening day can feel stressful and even complicated. Set yourself up for success with this list of essentials for starting a small business.
What Do You Need To Do To Start A Business
You may need some cash to fund your business. If you have some savings, it is good. If you don’t, no sweat. There are many ways to secure funding to help start your business.
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What if you don’t have funds and don’t want to get any? You can still start a business without extra cash. It just depends on what you want to do. For example, dropshipping and print-on-demand can help you create a business from your computer with less upfront cash.
Brick and mortar storefronts are still thriving. 87 percent of retail sales occur in stores. A physical storefront is a great way to connect with your customers, add to your local community and make sales. So, what should you look for when deciding on the best brick-and-mortar store?
You’ve heard real estate say: “It’s all about location, location, location.” The same goes for business. The best store means nothing if you don’t have foot traffic.
Depending on what business real estate you look at, you can find stores in all stages of development. From the initial planning stages to an old store that already has different businesses coming and going.
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If you’re looking at a pre-owned building, ask yourself these questions to see if it’s right for you:
If your storefront is off the beaten path, you may have to work hard to make the exterior of your storefront attractive and appealing. Just make sure your budget can handle any surprises that may pop up.
The exterior of your store is just as important as the interior. It’s the first thing customers will see, after all. Storefronts with high visibility can act as billboards. A fresh coat of paint and eye-catching signage can instantly bring new customers to your store. If your storefront is off the beaten path, you may have to work a little harder to make the exterior of your storefront attractive and attractive.
Make sure the new space is big but not too big. After all, you’re paying for the space — whether you use it or not. Remember that you will need some amount of storage space. The size of your storage space depends on your needs.
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It may be wise to plan what your business will need down the road. The extra space you have for the first year may come in handy after your second or third year.
Great question. Here’s the short answer: it depends. Want a more in-depth answer? To learn more, read our guide, The Ins and Outs of Business Structures for Entrepreneurs.
71 percent of small businesses have websites. So should your new business. You don’t need to hire someone to set up your store’s website. You can do it yourself with a little elbow grease and the right mindset.
Responsive web pages work on all types of devices. Whether shoppers use a computer, tablet or phone, they’ll have the same experience. Why is it different? 76 percent of shoppers report using their phone frequently to shop online. And, 69% of online shoppers use a computer.
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Many things can go into user design, from page layout to the size of your fonts. But designing your store’s webpage doesn’t have to be complicated.
Online shoppers are used to having plenty of online payment options. Clearly display accepted payment methods when the customer checks out. Credit cards are a must, but don’t forget about mobile payment options. If a customer is shopping on their phone, mobile payment options make payments as easy as possible.
The worst thing for an online store is when customers abandon their shopping cart before making a purchase. And here’s the hard truth – about 70% of shoppers do. One of the main reasons this happens is unexpected shipping charges. Take the guesswork out of your pricing by clarifying your shipping charges as soon as an item is placed in the shopping cart. If that sounds too complicated, consider getting rid of shipping fees altogether.
The customer experience does not end with the purchase of a product. Customers may need to ask questions about products, shipping, or returns. Either way, make sure they can reach you through multiple channels (eg, chat, email, and phone). And, don’t forget to respond to customers as quickly (and happily) as possible.
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Getting your brand in front of customers can feel scary, but it’s not impossible. If you’re unsure about creating the perfect marketing campaign for your company, there are still a few things you can do to get a leg up on the competition.
When starting a business, you may need vendors to supply the products you sell or the materials you need to make your products. Unfortunately, not all sellers are reliable or in action.
Once you’ve gone through the list of things you need to start your business, you’ll need to set a date to open your doors. Opening day is not a chance to set sales records. But it’s a chance to meet locals, get the word out and put your best foot forward.
A soft opening is a business opening that is either unannounced or lightly announced to the public. Think of a soft opening as a way to make sure all the wrinkles are ironed out of your business before the grand opening. Soft openings give you and your employees a feel for how the business will go and can help ensure that all of your technology, from your point-of-sale system to your plumbing, is up to snuff.
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Who do you invite to your soft opening? Friends and family are always great options, but you can also be more strategic. Consider inviting local business owners, local media, and any social influencers in your area. This way, you can get the feedback you need for the grand opening and get help spreading the word.
Your grand opening should be a celebration of your business. So think of it as one. Go big, shake hands, and don’t forget to have fun.
Here are some ways you can make your grand opening feel like a party your customers won’t soon forget:
After the grand opening, the real work begins, like keeping track of your expenses and income. The Patriot built it online
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Lifestyle and overall health are big drivers of aging, and you can always make changes to improve your experience! Check out these 6 things you can do today for healthy aging:
Eating a fresh, healthy diet and staying hydrated while limiting processed foods are essential to your health and disease prevention. Healthy eating and hydration can not only improve your health, but also improve your mood and energy levels.
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People over 65 need 7-8 hours of sleep. If you don’t get quality sleep, it can affect your mood, memory, weight, immune system, heart disease, or shorten your lifespan. If you do nap, do so earlier in the evening, exercise early and start a bedtime routine and limit screen time to 30 minutes before bed.
Regular exercise and stretching can improve your balance and keep your body strong and flexible, helping to prevent falls by 21%. You don’t have to run a marathon to see the benefits. Exercising a few days a week can also benefit people with heart disease, help with brain health, boost your mood, arthritis, diabetes and chronic conditions.
There are many preventive screenings that can help you live longer so you can focus on enjoying life. The good news is, Medicare fully covers preventive screenings! We’ve broken down some of the key screenings here:
Loneliness can have a devastating effect on your mental health as well as your physical health. Stay in touch with neighbors, get involved in the community with volunteer work or community centers, use technology to keep in touch or play games.
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Your support system should include loved ones and tools to make maintaining your health easier, such as an emergency response system. learn more
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