Published on Feb 27, 2013
After incorporating, thousands of businesses face the same question of what to do next. Fortunately, two key factors will dictate a well-defined road for your business in the immediate aftermath of incorporation:
While the immediate steps after incorporation are somewhat defined by the elements above, the ensuing phase – the building of the business – is much more of an art.
“The first thing to do is take a look at your business objective and start with baby steps,” said Lori Bizzoco, who started her own business, called CupidsPulse.com. “Failures happen when you try to move too fast or do everything at once. Prior to incorporating any business, you should have an organized and thorough plan laid out. Whether it was officially documented in a 50-page business proposal or sketched out in a three-ring notebook, you need to have a vision, underlying strategy and an objective that are sound.”
Leverage Your Network
David Niu, a serial entrepreneur and recent founder of a company called TINYhr.com, suggested that the next step involves building a network.
“Start networking like C-R-A-Z-Y,” Niu said. Once the business has been incorporated, “You’ll want to start using LinkedIn, Facebook, and Twitter to tell your friends what you are working on. Instantly, they will start connecting the dots and introduce you to people who you need to meet, who overlap with what you are doing.