Business Survival Checklist
The San Diego & Imperial SBDC Regional Network strives to support local small businesses in all aspects of their creation, operation, and growth. The following list aims to provide a basic outline of what a small business should have in place to be operationally successful. There are many more necessary steps for small businesses to remain successful in the long-term. If you are ready to take your business to the next step, or you need help completing items on the checklist below contact your nearest SBDC today to set up an appointment with a professional business consultant.
Have an updated business plan
“Taking Care of Business Checklist”
Create a mission statement for your business
Determine that all insurance, licenses,
permits and legal documents
are in order
Keep your financials in order
Have a personal FICO score of 680+
Develop operating procedures
Have a current marketing
and promotions plan
Get online
Have a feasible budget in place
Ensure you keep cash reserves
Cultivate a strong relationship with clients, vendors, media, employees, and community
Consistently review health of your financials
Develop good hiring practices
Conduct market research
Ensure your marketing program is performing
Continually forecast for upcoming expenditures
Develop a growth and expansion strategy that fits your business
Call your SBDC for any questions or help you may need
SUCCEED!
