Final answer:
Brian should create a business plan, obtain necessary permits and licenses, find a suitable business location, and then consider hiring employees.
Step-by-step explanation:
If Brian has just finished college and wants to set up a small business to make and sell fireworks, he should start with creating a business plan. This plan will be a comprehensive document that outlines his goals, strategies, market analysis, financial forecasts, marketing plans, and other critical business details. It serves as a roadmap for the business and can be essential for securing funding.
Next, Brian should obtain the necessary permits and licenses, which is particularly important for a business dealing with fireworks due to the heavy regulations in this industry. These permits will vary based on location, but will likely include federal, state, and local explosives regulations, as well as business operating licenses.
Following this, Brian should find a location for the business that complies with zoning laws for manufacturing and selling fireworks. The location should also be strategic in terms of logistics and customer accessibility. Lastly, hiring employees should come after the above steps, once he has established the foundation for his business operations.