Short Checklist for Entrepreneurs

Short Checklist for Entrepreneurs

Starting your own business may not be as easy as you think. Evaluate your chances for success, and determine what you really need to turn your dream into a reality. To make the transition, consider the following questions:

  • Do you need a license or certificate to do business?
  • Do you want to incorporate as a legal entity or operate as a DBA ("Doing Business As")?
  • Do you have an idea that needs to be protected?
  • Do you have the insurance you need (business, liability, workers' compensation)?
  • Have you complied with state and federal regulations regarding the protection of employees?

The 360 Degrees of Financial Literacy Web site offers general information for managing personal finances and does not recommend specific financial actions.  For financial advice tailored to your situation, please contact an expert such as a CPA or a personal financial advisor.

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