How to Start a Business:

5 Simple Steps

Written by Pankaj

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Find Your Business Idea

Do market research to find if there is any business opportunity to turn your idea into a business.

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Make A Solid Business Plan

To make the business roadmap, you first need to define your "why" it will help you to stay focused on things that are more important for your business to grow.

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Choose a Business Structure

These are the following business structure you may choose: 1) Sole proprietorship 2) Partnership 3) Corporation. 4) Limited liability company

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Choose Business Name

Choose a business name that defines your business itself.

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Register Your Business

Make your business legal to protect your business identity. 

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BONUS

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Get A Federal Tax ID

For filing taxes, you must have an employer identification number (EIN)

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How To Start Your Own Small Business In Australia

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