Business Preparedness Checklist

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1. Business Strategy & Vision.
   • Develop the mission for your commercial company (for example, "To make people happy" or "To give unlimited opportunity to women").
   • Determine the company’s purpose (for example, "To make it easier to find high-quality information on the web” (Google’s Purpose), or "To provide low-cost, easy-to-use products and solutions for users" (GoAmerica Communications Corporation’s purpose).
   • Use the SMART method to establish business goals, meaning what results you wish to receive by performing business operations (for example, "To increase market share by 15% by 2015", or “To increase customer satisfaction by 5 pts by 2012”).
   • Develop a business strategy, (a high-level plan of actions for implementing business goals).
   • Create low-level (tactical) plans to support strategy-related decisions.
2. Products & Services.
   • Determine a product/service or a range of products/services your business will produce/offer.
   • Be sure your company has obtained necessary licenses and government permits for producing/offering the product/service.
   • In assistance with your company’s layer, make sure the manufacturing process is organized in line with legal requirements in your place/state/province.
   • Make a preliminary estimate of available financial resources to make sure your company has enough funds to start business operations.
   • Conduct market analysis to determine the target audience of your product/service.
   • Develop a marketing strategy covering a range of activities, such as advertizing, promotion, PR, sales, etc.
3. Staffing & Hiring.
   • Determine the organizational structure of your company (number and types of departments and sub-divisions)
   • Make a list of specialists required by your new company.
   • List required vacancies with salary rates per vacancy.
   • Determine skills and abilities a candidate must have to occupy a vacancy.
   • Use interviews to select the best candidate per vacancy listed.
   • Develop a new employee orientation programme to help new workers join your company easier and quicker.
4. Training & Development.
   • Determine if there’s a need to arrange initial training of new workers.
   • Choose ways to develop and training skills of your employees (for example, mentoring, coaching, knowledge & information exchange etc.)
   • Make a schedule of regular training and recertification of your employees.
   • Allocate financial resources required for your training programme.
   • Hire trainers and tutors.
5. Work Process & Procedures.
   • Determine main types of workflows that will be carried out to produce/offer your product/service.
   • Define what work standards and requirements your company will follow in its business operations.
   • Develop instructions and manuals for your workers.
   • Make sure infrastructure & systems necessary for ...

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