Can you be successful in your new business just by following few simple steps? This single article will contain basics for opening your own business...Do you want to know them? The sole purpose of this article is to explain these few simple steps of opening your new business... Ready?? Simple step 1 - Business plan First thing to do is you are opening a new business is to make your own business plan.Don't just plan it, do it..Start making your business plan today.What you need to include in your business plan are objectives and goals that will make your business successful.Basic requirement is still going to be money,so if you are looking for a loan or someone to fund you business first thing you will need is a good business plan.It will not only help you if you are trying to find a sponsor, it will help you keep track of what you are doing and what is to be done later in the process. Simple step 2 - Business structure First is to set up you legal business structure.If you want credibility that is what you need to do, and it will also help with tax benefits.Setting up a legal structure will also help protect you business from debts.You need to get EIN or Federal Employer Identification number.Business that hire people need to have that number. Simple step 3 - Web presence You will need to acquire business licence before beginning any operations for your business.Businees licence and all that is needed is provided by company corporation for identification specified for your business activities.Presenting your business on the web is a base for online market.So basically this is the number one thing to do if you want you business to be successful.Make your website to be memorable to your customers and people that visit it, and make it evolve around your products and services. Simple step 4 - Other important factors -Build your business collateral.Use letterheads or cards, that is what all business these days use. -Open a new bank account for your business.Best thing is to make it separate from you personal account so that you business assets are segregated from your personal assets. -Get some people in your circles that you can ask for advice when needed.There are attorneys, mentors, advisers or board of directors who can help you with some big decisions.You can also meet with some successful business owners that are willing to help you with your problems. -Following government rules is good for keeping your company's goodwill.If you want your business to function smoothly you need satisfy ongoing legal requirements of the state where you run your business. What do you all think about this? Does anyone have anything they would like to add?