How to start a new Business??

Anyone who has ever started their own business will tell you, it is a lot of hard work. You build it from the ground up, put in countless hours to get it started and extensive efforts to keep it running. It becomes your life. Those who start your own business have done their homework before hand seeking advice, meeting with potential investors interviewing applicants and comparing different strategies from other businesses.

Here we discuss some important ideas for a new Business….

Business name:

A Good Business name is very important for a successful business. Make sure the company name you choose is one with an available trademark and internet domain name. Your business name is the first impression people have of your business. It has a major impact on your branding and online presence.

To see if a trademark is available, you can do a Trademark search online through the United State Patent and Trademark Office’s website.

Your business name is a major element of your identity and image. Your business name should:

·         Be easy to pronounce and spell

·         Be memorable

·         Be original and not similar to exiting business names company names of trademarks.

·         Business name should be short.

·         Business name should be appropriate professional and not offensive.

Create a business plan:

A business plan helps to define what you think you need to launch your business, larger or small. It summarizes the sense or your business in a single document. It also creates a map for investors, bankers and other interested parties to use when determining how they can best help you and to help them decide whether or not your business is viable..

Capital:

Capital is very important and necessary for start a new business. You can’t start a new business without capital. So you should arrange a big capital for business otherwise you will failed in business.

Registration and Law:

Understand what regulation, license and taxies you will need to follow obtained and pay for new business. After doing some initial research on your own consult with a lawyer and accountant to conform your understanding and to help structure your business to be in compliance with the law.

Your business name is your identity. You should register your business name.

How you can register your Business name??

First of all check if your desired business name is available for registration.

·         Search the business name is register on homepage of

·         Australian Securities &investments Commissionconnect

·         2^nd conform that your business is not already register as company name by searching

·         Company and other register

·         Now check to see if your business name can be registered as a website (domain) name using MyWebname

·         Now you should conform that your business name is not a register name as a company trademark already.

Get an office for business:

If you want to start a new business big or small you should must get an office for your own business for dealing with client and other peoples.

Get a business bank account:

One of the easiest ways to screw up your business accounting and possibly run afoul of the IRS is to commingle personal and business funds (and transactions). Using a business account for all business 

Transactions eliminate that possibility.

Create a Facebook fan page:

Social media is main part of business. If you want to improve your own business then you should use social media and get a Facebook fan page for your new business. Because now a day’s social media is very popular and free and easy way to publish a business. You can introduce your own product by using a social media. You can use Facebook, Twitter, Pinter set etc