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STEP ONE:  Determine the Feasibility of your business

*  Ask yourself - Why would anyone buy from you?  Why go in business?

                           *  What do you offer?
                           *  Who is your target market?
                           *  How do you meet their needs?
                           *  Why are you unique? 

The 8 Figure Formula and the Business Plan Template will help you to answer these questions.


STEP TWO:    Business Creation

1)  Incorporate
           *  I like Incorp.
               They have an on-line corporate back office.
               They have a resident agent service in all 50 states.
               They send you email reminders and help keep you on-track.
               DBA registration is done at the county level.  I prefer to do that on my own.
  

2)  Federal Tax ID from the IRS 
        * This is if you are hiring employees.
        * Some banks request this. 


3)  Business Licenses
        * Each state has their own.
        * County registration is sometimes done with your State license.
        * Each city needs a license.
        * Specialty license. 

4)  SBA  - Small Business Administration
       *  Get connected with mentors and programs to assist you.

5)  USPTO.Gov  -  Trademark, Patent or Copyrights
       *   Trademark your name or logo for national protection.
       *   Patent your idea.
       *   Copyright register your image, recording or written material. 

6) Bank Accounts
      * I prefer to use a credit union.
      * Since you are a member, you are a share holder.  Get paid interest on your money.
      * Avoid fees from regular banks.

7)  Business Insurance
       *  Protect yourself and your company from lawsuits.
       *  Give your customers peace of mind.  

8)  Web site domain
       *  I like GoDaddy.  Buy your .Com presence
           No hassle, a back office management system and email reminders.

9)  Web Hosting
      *  Create your page.  I like GVO.  They have great web building tools and assistance.
            I like that they are a one-stop shop for auto-responders and email management.  
           They have an affiliate marketing system that creates income additionally.

10)  Business Blog
      * Become the expert in something by blogging about it. 

11)  Business email accounts
      * Create your Business Email address so you can be reached. 

12)  Vanity Phone Numbers
       *  Buy a great Vanity phone number so people can remember how to reach you.
       *  I use TollFreeNumbers.com.  They don't keep your number.
           They give you a "Birth Certificate" for your number, proving your ownership.
           They help connect you to a phone hosting company of your choice.
       *  One cheap solution is the new magicjack for local numbers.
            You can pick a vanity number with them and get vm through your email. 

13)  Virtual Office
      *  I use Unitel.  They have a low monthly fee.
          Their service creates a professional first impression for your company.

14) Create your business cards
      *  Zazzle.Com is great.  No set up fees.  Use your own design or choose a template.  
        


The $MARTBAR is your road map to successfully starting your own business.

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