Hiring a Lawyer
One of the most forgotten steps of all is hiring a lawyer to take care of essential business start up tasks. You absolutely have to bring in a lawyer who understands business law. Hopefully you can find one that has handled service based Internet companies before.
A lawyer can do many things for you. A small business lawyer can help you set up your business, give you advice as to what corporate structure to set it up under, and prepare your paperwork properly so you don't waste time and money with small errors. You can also depend on your lawyer to write up contracts when dealing with clients.
Having someone on your side before you start will save you a lot of time and frustration. It will also protect you and your business. You want to get this important piece of your business in place early on.
Get Your Accountant - Now
Best to start off things on the right foot. Like the lawyer, getting an accountant on your side is essential. Most people worry about the expense. An accountant isn't at all expensive!
It does take a little bit of set up. Once you are started, the weekly or monthly meetings with your accountant will save you tons of frustration and headaches, and will save you a lot of money. Talk to several accountants. Shop around for one.
Have the accountant look over your financial plan, and perhaps help you become realistic about your expectations. Next, an accountant can help you figure out your real budget and manage your money for you so you aren't overspending at first. Talk with your accountant about other small business services he can provide.
Technology Needs To work as a service-based Internet company, you will need technology. Here are some of the essential pieces of equipment for a start up business:
New computers
Internet connection
Phone system
New software
Printers
Fax machines or a fax service
Cell phones
Laptops
Copiers
Scanners
Photo or video equipment
That's just to start. You also might need more technical pieces of equipment depending on your service. You'll need to also plan for adding extra equipment in case you decide to hire help.
Supporting Staff
You might be starting your own company, but that doesn't mean you have to do things alone. When you are overwhelmed, an assistant, a sales representative, or a customer service rep might help take a load off your shoulders. Sure, the first few months are lean, but you'll progress faster when you have professionals working on your side to help your business.
You don't have to hire every ideal person all at once. You could start with a general office assistant, who can help field calls and work with you to develop a system. Delegating tasks to others is what being the boss is all about. Make it part of your business plan to work on your business, not in your business.
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