ASK THE TOUGH QUESTIONS
Would you buy your product/service?
Will you make a profit at the price?
Are you solving a problem?
What makes you different from competition?
JOT DOWN THE GAME PLAN
Do you have enough funds for first year living expenses?
Do you have a clever Business Name?
Register the domain name/email address.
Figure out type of business: incorporation or sole proprietorship?
What permits/licenses are required?
MARKETING & PROMOTION
Register all social media profiles (ASAP)
Networking is key so order those Business cards
Open a business bank account
Set up an accounting system or hire a bookkeeper
Delegate work with co-founders.
Put everything in WRITING, at all times.