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Business start-up guide (English)

Starting own business is a big step. It is exciting, challenging, and even a little bit scary all at the same time. There are some important things to think about and some big questions to ask before going into business: why do one want to start business?; what is ones business idea or what will business do?; and is this for one? The information in this guide will help one start on journey in the best possible way. In this context, the report provides the following: developing a business idea; researching the market; writing a business plan; developing a budget; choosing the right location; setting up business records; funding the business; basic business management tools; building alliances and sharing talents; don’t be afraid to ask for help; the importance of family support; key government agencies and where to find them; registering a business name; business licenses; permits; value added tax (VAT); employment, the minimum wage, and Vanuatu National Provident Fund (VNPF); different forms of business structure; and online resources.

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Business start-up guide (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/301321495005154461/Business-start-up-guide