WKID Associates | Start Up Business Help
W.K.I.D. Group | Business Setup & Registration | Phase 1
Phase 1: Business Research & Analysis
The first phase in setting up a new business is to do the necessary research on your business industry. In this phase we will unveil the uniqueness of your organization and perform industry research to learn if your product or service is in demand. If so, how much so? We uncover the risks, trends, competition, and perform a growth rate assessment. Similar to a S.W.O.T. Analysis, but for your company. We research your target audience and their demographics, whether any licenses/permits are required, and identify if business insurance required.
W.K.I.D. Group | Business Setup & Registration | Phase 2
Phase 2: Business Registration
- Virtual address setup
- Business phone number setup
- FEIN registration
- State registration
- Assist with banking account setup
- DUNS number registration
- Payment processing service setup
W.K.I.D. Group | Business Setup & Registration | Phase 3
Phase 3: Online Presence: 5-Page Starter Website
- Domain registration
- Platform setup w/ web host
- Website design (1. Home page, 2. Services/Product page, 3. About page, 4. Contact page, 5. Resource/Networking page)
- Link payment processing source to website
- Basic/standard website content
W.K.I.D. Group | Business Setup & Registration | Phase 4
Phase 4: Marketing/Advertising
- YouTube
- TikTok
- **Yelp**
- **Google Business**
- **Next Door**
W.K.I.D. Group | Business Setup & Registration | Phase 5
Phase 5: Business Observation & Scaling
- How is the business doing?
- What changes need to be made?
- What’s working?
- What’s not working?
- Identify ways to grow your company