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Earn Your Leisure

Study Hall: Checklist Before You Start a Business

Earn Your Leisure

iHeartPodcasts

Business News, Careers, News, Entrepreneurship, Business, Education, Investing

4.97.9K Ratings

🗓️ 31 March 2023

⏱️ 9 minutes

🧾️ Download transcript

Summary

In this Study Hall we discuss the Master Checklist, the 5 things you need to know to start your business entity. 


#MasterChecklist #eyluniversity #Business



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Transcript

Click on a timestamp to play from that location

0:00.0

So here is the big five, right?

0:03.0

So I consider this like the master checklist.

0:06.1

And it's pretty much an overview of all of

0:08.4

those mini elements that we went through in class,

0:11.6

just in like shorter version.

0:13.8

So the first and foremost,

0:15.2

it's making sure that our business entity is set up,

0:17.6

making sure that our name checks out,

0:19.2

that it is not something that somebody else already has in place,

0:22.1

make sure that once we establish our name

0:24.9

and start with our paperwork,

0:26.2

we get our EIN and our DUNS number,

0:28.8

checking the test database to make sure that our name is not trademarked by somebody else,

0:33.8

so that way when we start to apply for funding,

0:36.2

we don't run into any trademark infringement issues.

0:39.5

Ensuring once we get our,

0:41.8

once we understand if we're going to operate in our home state,

0:45.0

the state that we're living in,

0:46.3

making sure that we get everything up,

0:47.4

we're running with Secretary of State and all that good stuff on that end,

0:50.0

if we're thinking about operating across states.

0:53.4

So like living in one space,

...

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