When starting a new business, the first step should be to…Find a location for the business.Name the business.Seek start-up capital.Write a business plan.

When starting a new business, the first step should be to write a business plan. This is crucial because it helps you understand your business better and serves as a roadmap for your business. It outlines your business goals, how you plan to achieve them, your marketing strategy, target audience, and financial projections.

After writing a business plan, you can then proceed to seek start-up capital. This could be from personal savings, loans, or investors. The capital is necessary for various start-up costs like buying equipment, renting a location, and marketing.

The next step would be to find a location for your business. The location should be strategic, considering factors like your target audience, proximity to suppliers, and competition.

Finally, you can then proceed to name your business. The name should be unique, easy to remember, and give a hint about the services or products you offer.

Remember, these steps are not set in stone and can be adjusted to suit your specific situation. For instance, if you're starting an online business, finding a physical location might not be necessary.