How to start a business
Thousands of new businesses open every day. If all those people can do it, why not you? Here’s what to do, and when.
Download the guide to starting a business
Learn how to start a business, from ideation to launch. Fill out the form to receive this guide as a PDF.
Starting a Business Is Hard. Xero Makes It Easier.
From day one, managing finances can feel overwhelming. With Xero’s powerful tools, small businesses can stay organised and confident.
Tips for starting a business
Starting a business requires the right legal structure and financial footing. Here are the steps to take so you can get started as soon as possible, and download our guides to state taxes, permits, industry trends, and more.
1. Research your idea
Your business idea is clearly inspired. But it helps to check you’re not the only one who thinks so.
2. Write a business plan
It helps to map your way from having a genius idea to a real business. Your plans don’t even have to be long.
3. Do a budget
You’ll need a rough financial plan so let’s estimate costs vs. sales, and figure out your break-even point.
4. Set prices
Work out what you need to charge to cover costs. And choose a pricing strategy that works for your business.
5. Choose a business structure
Will you be a sole proprietor, a partnership, or a company? And what's the difference anyway?
6. Sort your startup accounting
Get a few things right at the start and you’ll be sweet when it comes to tax time. Let’s demystify accounting.
7. Register your business
Find out who you have to tell about your business. And check to see if your industry is regulated.
8. Create a website
Learn what goes into a website. It’s simple and a great way to get discovered.
9. Get extra support
Once you’ve learned how to start a business, you’ll want help running it. Check Xero’s guides and templates.
Why Xero knows how to start a business
Xero is home to millions of small businesses, who use our software to run their finances and accounting. About 250,000 accountants and bookkeepers use us too. We asked some of those owners and experts how to start a business, then put their insights into this guide.
Handy resources for small businesses
People asking how to start a business often find these resources helpful.
Business plan template
Download a template and map out your pathway from idea to launch.
Guide to finance
Need a few extra bucks to get off the ground? Learn what your options are.
Business trends report
Get a stat-packed insight into what small business owners are doing right now.
Start-up business costs
Understand startup costs to plan finances effectively. Explore our guide on starting a business.
Starting an online business
Thinking of launching a business online? Check out our guide on starting an online business.
Starting a business checklist
Get organised with our step-by-step starting a business checklist to guide you through the process.
Disclaimer
Xero does not provide accounting, tax, business or legal advice. This guide has been provided for information purposes only. You should consult your own professional advisors for advice directly relating to your business or before taking action in relation to any of the content provided.