1. Set your goals – Before you start, it is important to have a clear vision of what you want to achieve with the survey business. Consider factors like expected revenue, ideal customer base and target market.
2. Research & analyze the industry – Investigate the current market and competition to inform you on how to set yourself apart from other survey businesses.
3. Select a business name – Choose a relevant and catchy name that will help your brand stand out in the crowd.
4. Develop a business plan – A well-crafted business plan can guide you through the process of setting up your survey business.
5. Choose a legal structure – Decide if you want to operate as a sole proprietor, partnership or corporation.
6. Register your business – File the necessary paperwork to register your survey business with the IRS and state government.
7. Obtain necessary licenses and permits – Determine what type of license and permits you need to legally operate your survey business.
8. Secure financing or funding – Set up a budget and create a strategy to secure the resources needed to start your survey business.
9. Identify technology needs – Select appropriate software and hardware that can support the operations of your survey business.
10. Create an online presence – Develop a website, social media accounts and other online strategies to reach potential customers.
11. Start marketing – Market your services to the target market segment and create awareness of your services in the industry.
12. Hire employees – As required by law, hire the appropriate employees to work on your survey business.
13. Launch and start operations – After completing all necessary tasks, launch your business and start taking surveys for customers.