Checklist 2: Sort out Capital and Legal Issues The second starting an online business checklist item is to understand and fulfill the capital and legal requirements. Determine the start up capital required and how you will raise the money. Learn about the applicable taxes, benefits and the kind of insurance that you will need to pay for as an online business owner. You need to find out the legal requirements for starting a business online in your area and meet them. These may include obtaining licenses and registering for taxes. Understand the government regulations for conducting an online business in your area.
Sure it's okay that you'll hire someone and pay him/her to tackle all the details and issues; but many couples have made this costly mistake of leaving all the work to the coordinator. Not that the coordinator cannot handle it or that he/she cannot be trusted; it's just that it's not reason enough to let someone handle everything. It is ideal that you and your wedding coordinator have each a copy of your wedding checklist where you can tally each month or every 2 weeks as things progress. Yes, it is tedious and it could bring stress once in a while, but you've got to be always on top of the situation because it is your wedding. You need to have an understanding with your coordinator regarding the updates and tallying of details in order to ensure that every bit of detail, big or small, is being tackled and accomplished as needed.