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While you’ll realistically take hundreds of steps to launch your company, I’ve narrowed down the top 7 steps that you need to take to get your startup off the ground.We’ll outline and discuss each step in detail so you have a better understanding of what I’m talking about.
If your answer is yes, then you need to know how to take an idea and turn it into a startup company.
For those of you who have never started a business before, it can sound like an intimidating task.
Once you get your company off the ground, you need to work just as hard to keep it going each year.
With that said, it’s helpful to have a guide and a set of instructions to follow that can help you get started.
You’ll need adequate capital to get yourself off the ground.
There’s no magic number that applies to all businesses.
Typically, these plans outline the first 3 to 5 years of your business strategy.
The business plan needs to be the first thing on your list because you’ll use it to help you with some of the remaining steps.
So if you can’t get money from a bank, or if you can only find a bank that’s offering you an outrageous interest rate, what other options do you have? Investors can be: Proceed carefully because you don’t want to start giving away significant equity in your company before you even get started.
The type of business you’re starting also influences the likelihood that angel investors and of venture capitalist money in the United States is invested in software and technology.