Members: Alabama A&M University, Alabama International Trade Center, Alabama State University, Auburn University, Jacksonville State University, University of West Alabama, Troy State University, University of Alabma, University of Alabama at Birmingham, University of Alabama at Huntsville, University of North Alabama, University of South Alabama

Office of the State Director

2800 Milan Court, Suite 124

Birmingham, AL 35211

205-943-6750

START-UP CHECKLIST

__ Prepare a written business plan complete with financial statements

__ Decide whether or not you wish to operate as a corporation

__ Establish a source of adequate and reliable financing

__ Check on zoning ordinances

__ Select a suitable location

__ Retain an attorney and CPA, if appropriate

__ Acquire necessary licenses and permits

__ Get tax ID number and forms; follow other tax requirements

__ Choose a record keeping system and method of inventory control

__ Open bank accounts

__ Arrange for utilities, telephone and other services

__ See insurance agent for full range of coverage

Go To Alabama's Answers for details:

This document is intended to provide basic, introductory information to individuals who are considering starting a business in the State of Alabama. While no one publication can answer every question for every kind of proposed business, this publication can serve as a guide to those sources of information which are needed for a successful business venture.

The Alabama Small Business Development Centers are available to provide a complete spectrum of services to help the entrepreneur to establish and operate a successful small business. The services that the ASBDC provides are free and the technical and expert advice we offer can make the difference in whether a business venture is successful or not.

This book provides information for the entrepreneur to build on. However, before engaging in any business venture, it is advisable to seek advice from a lawyer, an accountant and other professionals. They can advise you on technical aspects relating to starting a business that this book does not attempt to address.

We encourage you to research your proposed venture thoroughly and seek assistance from every available resource.

Best of luck in your new venture.

M. William Campbell, Jr., State Director, ASBDC