# | WHAT YOU SHOULD DO! | HOW YOU SHOULD DO IT [RESOURCES]! |
1 | Conduct feasibility study of business idea | Libraries; Journals; Focus groups; surveys |
2 | Conduct research on business name | Is it available? Check with County Registrar’s Database; Secretary of State’s database; U.S. Patent & Trademark Office |
3 | Prepare Business Plan/Business Model | Buchanan & Associates Will provide you a 10-page business plan outline & template Develop your Business Model building block |
4 | File Fictitious Business Name Statement | With the County Registrar’s Office |
5 | Obtain Required Business License(s) | At your local City Hall [Office of Finance] |
6 | Obtain License or Permit for your Trade | Check with appropriate resource centers such as: At your local City Hall; County Office; or Secretary of State [depending on the permit(s) that is required] |
7 | Obtain Seller's Permit (If selling product) | Check with appropriate resource centers such as: At your local City Hall; County Office; or Secretary of State [depending on the permit(s) that is required] |
8 | Register for Employer Identification Number with IRS and State of California | Apply at: www.IRS.GOV If you have employees, then you should register also for EIN with the state in which you reside. |
9 | Apply for Dun & Bradstreet Number | Go to: https://www.dnb.com/duns-number/get-a-duns.html |
10 | Obtain relevant business insurances | Check with major insurance companies to determine if they offer the type of insurance that you need for your type of business or industry. |
11 | Obtain NAICS Codes | Search for your NAICS Code at: www.TheBuchananGroup.net |
12 | If Storefront, obtain certificate of occupancy | Check with appropriate resource centers at your local City Hall; or the County Office if you live and are operating your business in an unincorporated area within the County. |
13 | If food service, obtain food handling permit | Check with appropriate resource centers at your local City Hall; or the County Office if you live and are operating your business in an unincorporated area within the County. |
14 | If alcohol business, obtain liquor license | Check with appropriate resource centers at your local City Hall; or the County Office if you live and are operating your business in an unincorporated area within the County. |
15 | Open Bank Account | Select a bank of your choosing that you believe can help your business with its growth plan. |
16 | Before you get started, do you have your Business Infrastructure and Back-office Set-up? | To set-up your own company’s infrastructure and Back-office Operation go to: www.SmallBizPro.net then register. |
17 | Do you have an Exit Strategy? | Describe your growth plan and transitional plan. |
Buchanan & Associates is a multiple award winning supplier diversity firm that helps small businesses become contract-ready. So, if you want to win government contracts, then Buchanan & Associates is the way to go!
Call us now so we can begin helping you get qualified for your portion of that $500 Billion in contracts available for small businesses!
Mentor: Bringing emerging talents together with specific firms, utilizing advanced experience and knowledge while demonstrating a commitment to providing upward mobility and support to a protégé.
Or Email us at SmallBusiness@TheBuchananGroup.net so we can develop a plan to suit your specific Mentorship needs.
Buchanan & Associates walks you through this process and take care of all reporting requirements for your company so that you don’t have to be intimidated when the contract provider requests an audit of your system or processes under the contract requirements.
Call Us at (888)882-1168 so we can take care of your Labor Compliance needs. We will handle everything so that you can focus on performing the contract!
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