I want to quit my job and start my own business, where should I start?

Do you have a business in mind?

That is probably a good place to start. There is a lot that goes into crafting a business other than just the dream of it, but a dream is a necessary stepping stone. If you already have a business plan in mind, it’s time to think of the necessary steps to make the plan a reality.

Here are some points to consider:

  • What type of business will it be? Are you looking for a small business with just yourself or maybe one or two people or are you thinking larger-scale?
  • How will you operate the business? Can you start in your home or do you need a larger space?
  • Have you looked into the licensing laws and other business laws in your state?
  • How much money do you need to get the bare bones operation started?
  • Do you have a written business plan?
  • Do you have any ideas on how you will attract investors?
  • What is your marketing strategy?
  • Do you have any legal assistance?

There’s a lot that goes into starting a business, but a good place to begin is to have a discussion with a business attorney about where you are now and where you plan to be in the future.

If you need some help, LawTrades would be happy to connect you with a qualified business attorney. We are incredibly passionate about startups and we’ve already assisted over 1000 entrepreneurs with various stages of business. Let’s talk!