With a product and audience in mind, it’s now time to choose your business name. Remember, you’ll want to choose something that’s unique and clearly indicates what your business does. Make sure to consult the US Patent and Trademark Office to ensure you’re not choosing a name already claimed by another business.
Once you’ve chosen a name, you’ll need to determine your store’s legal structure. The structure you choose will have important legal and financial implications so make sure to choose wisely. Typically, you’ll create a corporation, LLC, sole proprietorship, or general partnership. If you’re confused about which is best for your particular store, consider talking with a legal professional.
4. Obtain Permits and Licenses
Next, you’ll need to register for an employer identification number as well as a business license. Your state may also require additional permits before you can legally operate so make sure to check the specific requirements for your location. You’ll also want to register your company so you don’t miss out on important tax benefits and legal protections.
Write Your Business Plan
Now it’s time to put your business idea on paper and iron out a few final details. Your plan should include the following:
An executive summary brazil phone number list of all the important aspects of your store. It should be something someone can glance at and get a clear idea of what your store is and what your goals are.
An overview that provides more details about your store. Here, you’ll list details such as store name, location, core values, mission statement, etc.
A list of your products/services and their purpose or price point.
A market analysis that details the operational climate of the market you’re in.
An overview of your marketing and sales plan and how you plan to reach and sell to customers.
An overview of your finances and how you plan to fund your eCommerce store.
Choose and Create Your eCommerce Platform
With all the future trends in cloud infrastructure automation paperwork completed, it’s time to set up your online storefront. Because this is going to be the face of your business, you’ll want to carefully consider which eCommerce platform you’re going to use.
Whether it’s an all-in-one alb directory platform like Shopify or something open-source like Magento, the platform will be where you build, sell, and maintain your brand.
