Starting your Business

Starting your Business

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Storyboard Text

  • Brainstorm ideas 
  • 3 Businesses I could start,would include a Library, Clothes shop,or a flower shop 
  • Build a Business plan 
  • To begin I need to ask myself Why or What is the purpose of making my business? How will I finance my startup cost?
  • Assess Finances
  • Legal Business structure 
  • My business structure is  a Partnership I work with someone else and we hire our employess 
  • Register with government and IRS 
  • We will need an articles of incorporation doc, then we will need to obtain an EIN from the IRS, then we need to file certain forms to full fill our federal and state income tax obligations.
  • Brand and Advertise 
  • To Advertise my business i will obtain a Huge Hot air Ballon and with very big letters on it, it will say. "SILVER BOOKS IS NOW OPEN" with the name of the street at the bottom 
  • Any business needs a finance to finance my business I will save enough money for my start up cost though i may need a small business loan one of the small business loaning places i could go through would be SBA 
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