10 Simple Steps
While there are differing schools of thought on how much they improve financial performance, truth is that one of the very first steps to success is a proper business plan. Along with being a requirement for serious funding, they dramatically improve management and money flow.
Take Action: Seize upon our 100% free email-based Business Planning Course designed to get you from A-to-Z as pleasantly as possible. Plus, we provide access to tons of other great tools along the way.
Why wait to incorporate when it’s one of the wisest investments you can make in securing your brand’s future and protecting it, along with yourself and your personal assets. It also makes tax time far simpler and provides a plethora of benefits you can start leveraging much closer to conception. Choose your business structure, handle the state filing fees (which are competitive in OR) and register.
Take Action: As this aspect of starting a business can be rather sensitive, we’ve developed quick and easy incorporation guides for the most popular entities.
Oregon is a very modernized state, Portland being one of the crown jewels of the Pacific Northwest. In fact, it’s Seattle’s cousin, and the perfect middle ground tax-wise between Washington and California. Check to see if you’re intending to be in an Enterprise Zone and how many incentives/credits apply to your new platform.
Take Action: Bookmark the State of Oregon’s Business Xpress page because it’s got all the answers and resources you could possible need to square this aspect of being a professional brand away.
Because of the complexities involved here, unless you’re a 100% online operation there are likely to be licensing and permits you’ll need to legally do business in Oregon. At the end of the day you have two options:
You would be shocked to find out how many small-biz owners continue using their personal checking account for business once they’re incorporated, registered, and gotten right with the state of Oregon. Don’t do it! Get all the many benefits and protect your finances by giving your brand its own checking/savings accounts.
From the bustle of Portland and the countless amazing small towns along the coast down the 101 like Newport or Pacific City, to Klamath Falls in the south or Bend smack dab in the middle of the state, Oregon is absolutely gorgeous wherever you go. A bit on the liberal side and very hospitable to small business.
Take Action: We know picking a spot can be tough if it doesn’t somehow happen naturally through your personal/professional networks. If you’d like to brush up on everything that goes into making this decision, refer to our friendly guide on How to Choose the Perfect Location.
Don’t let the prospect of securing capital intimidate you. Along with the vast networks of help available throughout Oregon, there are huge communities willing to support you outside conventional small-biz loans. CrowdFunding and Social Lending are two perfect examples that are thriving among Oeegonians
Take Action: The email course we mentioned in Step 1 really comes in handy here because planning and finances go together like fried chicken and biscuits/waffles. You can also browse our guide on How to Finance a Business to start generating ideas.
If you already have an effective website working for your brand, great, but if not then it’s time to get this handled. These days it’s far less expensive and complex then it was a decade ago. Remember, it’s not about hardcore complexity with tons of bells and whistles, but easy user-experience (UX).
Take Action: The first step is finding the right platform, which thankfully there aren’t too many yet. Head on over to this easy Business Website Builder Guide to get a head start.
Wow, what a huge subject. Marketing has seemingly gotten more and more demanding (both time and money-wise) as time moves on. However, outside the strictly digital sphere, network marketing in Oregon still gets astounding results. There are so many niches and communities on-the-ground you can break into it’s crazy.
Take Action: Reach your demographic in more personal ways that help you stand out from the constant internet chatter, never ending social media timelines, and email sales prompts.
Startup Savant is aiming to become one of the best resources for entrepreneurs and small-biz online. Along our journey we’ve found the most encouraging way to stay on top of your game and driven is through other like-minded change makers.
Take Action: Tap into our weekly newsletter filled with tips, tricks, lessons, and inspiring stories directly from entrepreneurs like you to keep your ears to the grindstone!
Out of all the resources available to help you start a business in Oregon, here are the two we believe in most. With IncFile and LivePlan, you'll take the first steps toward bringing your idea to life and having a solid plan behind it.
IncFile is the most affordable online incorporation available. Since 2004, IncFile has helped over 75,000 entrepreneurs incorporate their business on a budget. For $49 + State Fee, they'll bring your business to life by registering whichever business structure you choose.Visit IncFile.com
One of the most important aspects of starting a business can also be the most tedious: the business plan. LivePlan is a business plan software that will walk you through the entire process as it has for 375,000 entrepreneurs across the world.Get 25% Off LivePlan