To get a small business off the ground, you first need a solid business plan. Once you have that in place, there are a few other steps you need to master in order to succeed.


A Memorable Business Name, Tagline, and Logo

To make your mark in your chosen industry, you must make sure that your business is memorable. Potential clients need to have your business name embedded in their minds. When creating a business name, keep it simple, yet strive to make it original.

Your tagline needs to tie in with your name; again, keep it short but punchy. You don’t want to get too cheesy, however. Make sure your tagline gives your customers and business partners an idea of what you do and how you do it.

The same principle applies to your logo. Find a logo that accurately represents your business and what you stand for in that business. Avoid overly complex graphics; you need something that is easy to remember.


The Perfect Space

Every small business needs to operate from an intelligent space. Not only do you need to find a spot that is spacious enough for your equipment and supplies, but you also need to consider the physical location of your new business. Consider the clientele you hope to draw into your business. Are you hoping for foot traffic, or are you seeking a more industrial vibe? Do you want your business to fit in with other businesses around it, or do you want to be the only viable fish in the pond?


Equipment and Supplies

Every business needs to do some basic supply shopping. You need to decide what kind of equipment requires a one-time purchase and what sorts of supplies you are going to need to purchase on a more regular basis. For example, desks are likely a one-time purchase, while pens will need to be purchased regularly.

As a start-up operation, you may want to consider buying secondhand office equipment while you find your feet. This is a great way to minimize your initial costs and focus on spending your budget somewhere else, such as in marketing.


The Right People

As a business owner, it’s likely that you’re going to be working with a number of other people. Whether you hire employees or work with vendors, it’s important that you choose the right ones. Good employees will keep your business running, no matter what happens. With the right vendors you’ll save money and have outstanding products. Put the time and effort in to ensure you get the right people for the job.

Putting together a business isn’t an easy task. It requires work and dedication. What do you think is most important in creating your new business?