Brooklynn Chandler Willy on Writing Your Checklist Before Starting a Business

Getting started is often challenging, especially when starting a business. There are so many things to do, and it can be hard to track them.

It’s also a good idea to diversify your income sources to avoid experiencing a financial crisis. Having a business can be a great way to start a new venture. Here are five things that you should do first.

Create a Concept

Having an idea is the first step in starting a business. Although you don’t have to reinvent the wheel, it’s essential to consider how you will put your stamp on it. Before you start working on a business, it’s crucial that you first ask yourself the question, “What would people want from me?” This will help you determine what you stand for and how you will make your product or service work.

Develop a Plan and Timeline

Before you start a new venture, you must have a plan and a timeline. A well-written business plan will help you secure the necessary funding and ensure you’re on track to achieve your goals. Having a timeline allows you to set goals and keep track of your plan’s details. Having a plan should not be set in stone, as it can allow you to change the direction of your business.

Business Admin

One of the most critical factors you should consider when starting a new venture is being open to new ideas. A well-written business plan will help you secure the necessary funding and ensure you’re on track to achieve your goals. Having the proper administrative tools can also help you run a successful business. Some tasks that should be completed include: securing financing, registering for a bank account, obtaining a business license, and applying for business insurance.

Find Your Drive

It can be easy to get carried away by the idea of starting a business hoping to make money. However, while there is nothing wrong with wanting to make a small amount of money, most people who start businesses are founded by individuals who have a passion for their business.

Make Sure You Have a Vision

A well-written business plan will help you secure the necessary funding and ensure you’re on track to achieve your goals. A clear understanding of what success looks like can help keep you focused on the task.

ABOUT BROOKLYNN CHANDLER WILLY

Brooklynn Chandler Willy’s career in financial services developed following the sudden and untimely death of her father. In life, he had been a life insurance salesman who – ironically – had no life insurance himself. She saw how difficult it can be – emotionally and financially – to lose a loved one without being prepared; she decided to dedicate her career to helping others put better plans in place and be prepared so as not to be faced with a similar situation.

At Texas Financial Advisory, Brooklynn Chandler Willy and the entire team understand and appreciate how hard their clients work and the nest eggs that they’ve saved throughout their lives. The team will work with each client as a fiduciary and help take the uncertainty and stress out of retirement planning to create holistic plans that extend beyond the numbers. To learn more about if Texas Financial Advisory is right for you, please visit their website.

Alongside her job as the Host of the “Texas Financial Advisory Show,” Brooklynn Chandler Willy hosts the “Texas Financial Advisory Show,” airing weekends on WOAI 1200 AM and KTSA 550 AM. Through her show, Brooklynn shares the knowledge, insight, and expertise that she’s accumulated across her career. Listeners tune in to hear examples of how a retirement income plan can help reduce income taxes, provide a legacy for heirs, and assure a steady income through the rest of life.