
Naming, Registering and Launching: The 7-Day Setup Checklist
By Bill Ranieri · June 29, 2026 · 7 min read
Most entrepreneurs stall before they even start. They spend three months picking a color palette or debating a domain name extension while their idea sits on a shelf. I call this 'pre-revenue paralysis.' You aren't building a business in that phase; you are indulging a hobby.
Real business begins when you move from the conceptual to the legal. You need a name, a tax ID, and a place for the money to land. This process does not require a law degree or a marketing agency. It requires seven days of focused, disciplined execution.
I have mentored hundreds of founders through SCORE who believe they need a full year of prep. They don't. They need a week of checking boxes so they can get to the actual work of selling. This is how you clear the deck and get your doors open.
How do I choose a business name that sticks?
Your business name is a tool, not a monument. It needs to be easy to spell, easy to say, and available in the eyes of the law. I see people get stuck trying to find a name that perfectly encapsulates their life's mission. Stop doing that.
Choose a name that tells the customer what you do, or at least doesn't confuse them. If you are a plumber, your name should probably include the word 'plumbing.' If you are building a consulting firm, your own name is often the most valuable asset you have.
On Day 1, brainstorm ten names. On Day 2, run them through these three filters:
- Secretary of State Database: Is the name already taken in your state?
- URL Availability: Can you get a clean .com or a logical alternative?
- The Phone Test: Can you say it over the phone without having to spell it three times?
If a name passes those three tests, it is good enough. Pick one by 5:00 PM on Day 2 and move on. You can always rebrand later, but you can never get back the time you spent overthinking a logo.
What are the legal requirements to start a business?
Once the name is settled, you enter the paperwork phase. This is where most people get intimidated, but it is actually the most straightforward part of the process because it is a series of binary tasks.
On Day 3, you register your entity. For many solo founders, an LLC (Limited Liability Company) is the path of least resistance. It provides a layer of personal asset protection without the complex tax filings of a C-Corp. You go to your state’s Secretary of State website, pay the filing fee—usually between $50 and $300 depending on your location—and submit your Articles of Organization.
On Day 4, you go to the IRS website and apply for an EIN (Employer Identification Number). It is free. It takes ten minutes. This is your business’s social security number. You will need it for everything that follows. Do not pay a third-party service $200 to do this for you; it is a simple government form.
Establishing the Financial Foundation
By Day 5, you have a name and a legal identity. Now you need to separate your life from your work. The biggest mistake new entrepreneurs make is commingling funds. They buy groceries and office supplies from the same checking account. This is a nightmare for taxes and it can actually void the legal protection of your LLC.
Take your EIN and your formation documents to a bank. Open a dedicated business checking account. Even if you only put $100 in it to start, it creates a hard line between you and the company.
Day 6 is for local compliance. Check with your city or county clerk. Depending on your industry and location, you might need a general business license or a specific permit for home-based businesses. If you are selling physical goods, you must also register for a sales tax permit with your state’s department of revenue. These are not optional 'later' tasks. Doing them now prevents a shut-down order later.
Executing the 7-Day Setup
If you follow this schedule, by the end of the week, you are no longer just a person with an idea. You are a business owner. Here is the concrete breakdown of that week:
- Day 1-2: Name selection and domain registration. Check state databases and buy your URL.
- Day 3: File LLC or entity paperwork with the Secretary of State.
- Day 4: Apply for your EIN through the IRS website.
- Day 5: Open a business bank account and set up a basic bookkeeping system.
- Day 6: Secure local permits and state tax IDs.
- Day 7: Set up a landing page or a basic 'Coming Soon' site to capture leads.
This structure removes the 'what do I do next?' anxiety. When you have a list, you don't have to be motivated; you just have to be compliant with your own schedule.
Moving Beyond the Paperwork
Setup is a means to an end. The goal of this 7-day sprint isn't to have a pretty folder full of government documents. The goal is to clear the administrative hurdles so you can focus on the only thing that matters: revenue.
I have seen people spend $5,000 on 'launch consultants' before they have even registered their name. That is backwards. Use this week to build the skeleton of your business. Once the skeleton is there, you can start putting meat on the bones by finding your first customer.
If you find yourself stuck on Day 3 because you can't decide on a bank, pick the one closest to your house. If you are stuck on Day 1 because the .com is taken, add the word 'get' or 'shop' to the front of the name. These are micro-decisions. Do not let them derail the macro-goal of becoming an entrepreneur.
The Switch
Go to your Secretary of State’s website right now. Search for your preferred business name. If it is available, file the registration today. Don't wait until Monday. Don't wait until you have a logo. The moment you pay that filing fee, the switch flips from 'thinking about it' to 'doing it.' You are officially in the game.
Frequently asked questions
The 7 Principles of Flipping the Switch
The short guide Bill gives every owner who is tired of thinking about it. Plus a weekly note with one practical move you can make in your business.