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GUIDE TO START A
SUCCESSFUL BUSINESS
A comprehensive guide created by Sitb Digital to help you understand the steps to creating your hair business around your deisred target Market.
THE BLUEPRINT
Research
Your Starting Point
Brand Launch
Will help you: Understand what customers want, who your competitors are and price range of products.
Vendor Search
Targeting Starts
Pricing to Profit!
Knowing your customers will help with finding vendors that have products they want & competitors help with understanding pricing strategy based on vendor prices.
Branding
Setting the Tone
Branding to Make $
Here you find out things like your business name, color palettes, logo, finalize list of products and skillsets needed to carry out your business venture
Business Entity
It's official!
Choosing the Right Business Structure
Understand all business entities, create your business with government institution, get EIN, Insurance, licenses, bank account etc.
Taxes
Sam is Waiting!
Uncle Sam
Understand your tax liabilities as a business owner: Payroll taxes, Sales taxes, Federal Taxes, Quarterly payments etc..
Accounting
Chaching!
Count the Moula $$
Being official in front of the government REQUIRES you to accurately track money in & money out when it comes to tax time.
Website
May 25, 2015
8.1 Billion Worldwide Customers
Find the right platform and create a stunning website. Here think about everything you'll need to create your site (list of products, brand assets, content, pics, videos etc.)
Inventory
Stock up!
Method & Tracking
Based on your business model/branding, are you keeping inventory on hand, drop shipping, pre-ordering or mix and matching? Hint: automation can be used here.
Packaging Supplies
Uniquely YOU!
Stand Out
This is how you stand out from the crowd while creating an experience for your customers. You want to think of packaging graphics and printing. Make sure to list all of your packaging needs.
Marketing
Reaching your Audience
A Plan is Needed!
Create a Marketing Plan taking into account all the marketing strategies (social media, Email Marketing, SEOs, Ads etc). This is the part of the business that requires the most funds.
NEED HELP?
MENTORSHIP
Starting a business can feel overwhelming, but we’re here to guide you every step of the way! Turn your vision into reality with our expert support. Plus, take advantage of our Buy Now, Pay Later plan!