<human>: I want to start a new business and need to know what the first steps are.
<bot>: The first step in starting a new business is to create a business plan. This should include researching your industry, developing a budget, understanding potential costs, creating an action plan for achieving success, identifying target markets, and setting realistic goals. Additionally, you will need to register your business with local and state government agencies, obtain necessary licenses and permits, and find funding sources if needed. Finally, it's important to create a website, develop marketing strategies, and build relationships with customers or partners.