Starting a Business Checlist

Starting a business preliminaries

  • It starts with a dream and an idea
  • Analyze your business idea by doing a SWOT analysis
  • Assess your strengths and weaknesses as an entrepreneur
  • Establish business and personal goals
  • Establish start up costs
  • Assess your financial resources
  • Decide on your business location
  • Identify a team to work with (director and partners
  • Do a thorough enviroment research
  • Identify your customers
  • Identify your competitors
  • Assess amount of capital needed for start up
  • Develop a marketing plan

Step of setting up

  • Select company registration consultant
  • Select a business name preferably a catchy one
  • Choose a form of organization (Private Business Corporation, Private Limited Company, trust
  • Select a banker and set up a business checking account
  • Establish a line of credit (if possible)
  • Select an insurance agent and obtain business insurance

Don’t leave  out

  • Prepare corporate brochures
  • Build a  business website
  • Set-up corporate email accounts
  • Get business cards
  • Obtain a lease if neccsary
  • Line up suppliers (if applicable)
  • Get furniture and equipment
  • Obtain business licenses or permits (if applicable)
  • Register with NSSA to get SSR number (if applicable)
  • Register with ZIMRA to get a BP & PAYE number (if applicable)
  • Join a professional organization or network