How to setup a small business?

I am a graduate trainee electrical engineer. Currently I am working in Electrical maintenance works and I am planning to start a small business of providing maintenance services. Apart from experience, what other things are necessary and what other fields are there in which I could start business?

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  • If you want money to start it you need to write a business plan that will impress a lender enough to give you a loan. You will need to decide what type of business you want to start LLC, S Corp etc. and get your business incorporated. Get your domain name registered and a web site set up and get some accounting software. That is a good start.

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