Identify a business idea
Research the market
Define your target customers
Analyze competitors
Validate demand
Write a business plan
Choose a business structure
Register the business name
Obtain licenses and permits
Set up a business bank account
Secure funding
Create a budget
Set pricing
Build your brand
Create a website
Set up accounting and recordkeeping
Purchase tools and equipment
Hire staff if needed
Develop marketing channels
Launch your products or services
Track performance and adjust