How to Start Your Own Business in 5 Days or Less

How to Start Your Own Business in 5 Days or Less thumbnail
Keeping your business simple can put you on the fast track to success.

If you have grown weary of sitting in a cubicle every day, you may dream of starting your own business. However, if you are like most people, you might believe that starting a business is a long, expensive process. Fortunately, you don't have to form a complex corporation or spend months on a business plan to strike out on your own. Simple strategies can help you launch your own business in five days or less.

Things You'll Need

  • Magnetic car sign
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Instructions

    • 1

      Decide what type of business you want to start. Several types of businesses, such as service or online businesses, require little setup beyond advertising and gathering inventory or equipment.

    • 2

      Choose a memorable name for your business. As a sole proprietor, you do not need to obtain an employer identification number under your business name unless you plan to pay employees or file pension or excise tax returns.

    • 3

      Hire a graphic designer to create a logo for your business. You can find graphic designers on freelance websites such as iFreelance, Elance and Freelancer. Freelance designers can provide a finished logo in as little as 24 hours.

    • 4

      Launch a website for your business. Website hosting companies commonly provide domain purchase services and provide design templates, so you can create a functional website in as little as a single evening. Include information about your products or services, as well as your contact information.

    • 5

      Supply your finished logo image to a printer and have business cards and fliers printed for your business. Your business cards and fliers should contain your contact information, including your website address.

    • 6

      Distribute fliers and business cards to potential customers. For example, if you plan to start a landscaping business, tape fliers to the doors of homes in your neighborhood. If you want to start a meal delivery service, leave stacks of fliers and business cards at area restaurants so customers will see them.

    • 7

      Hang fliers on bulletin boards in local businesses, such as convenience stores, bookstores and coffee shops to help build visibility for your business.

    • 8

      Take calls and answer emails promptly to secure your first customers.

Tips & Warnings

  • Ask customers for referrals to help build your customer base quickly. You can motivate customers to provide referrals by offering a discount on future purchases of your products or services.

  • Obtain a magnetic sign with your company name, logo, telephone number and website address. Affix the sign to your car or truck so people will see it while driving.

  • Check with your county's small business office if your business will involve serving food or beverages. You may need to purchase a food service license.

  • Contact your auto insurance agent or company if you will use your vehicle as part of your business. Your personal auto policy may not cover business activities -- you may need to purchase a business or commercial auto policy.

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References

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  • Photo Credit George Doyle/Stockbyte/Getty Images

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