Business Bytes

8 Steps to Launch Your Business

By KeeVurds Desk

Make sure there is a market for your product or service and that you can compete effectively with other key players.

Market Research

It is one of the most important steps to prepare a business plan for your idea. This will help you in mapping out goals.

Write a Business Plan

Choose a proper business structure as per your budget and requirements. You can work as LLP, Sole Prop., PVT. LTD, etc.

Business Structure

Either file the necessary paperwork yourself or hire an agency to help you register the business with proper details.

Register Your Business

You need various licenses and permits to run your business. The list will depend on your industry, business idea, and location.

Licenses & Permits

Decide whether you want to run the startup bootstrapped or if you want to raise funding from different sources.

Raise Funding

Let people know about your business and fix a date for it to be launched and then you can promote the date regularly on social media.

Announcing The Launch

Finally launch the business on the chosen date. You can also give early-bird discounts for people to get your first few customers.

Launching The Business