If you are in the process of starting a new business, you are probably all too familiar with the never-ending list of things to do, licences to apply for, documents to prepare and the mountain of legal obligations to consider.
Yes, starting a business is no easy task. It can be especially difficult if you're not prepared for what's ahead.
Here are some of the things you'll need before starting your own business.
- Create a business plan
- Apply for necessary licences and permits
- Register your business and business name
- Develop a website and create website terms and conditions
- Get a lawyer to draft your business documents and contracts (includes partnership agreements, non-disclosure agreements, employee contracts, lease contracts etc)
Much like anything else in life, business success comes down to planning, preparation and legally sound documents.