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In this video, Coach Tom Berry, founder of Youth Hoops Academy, discusses essential steps for establishing a basketball camp business. He identifies five key actions: 1. Set up your legal structure. 2. Obtain and register a domain name. 3. Create a custom email address. 4. Establish a business checking account. 5. Set up merchant accounts.He emphasizes the importance of starting the camp rather than getting bogged down by details, suggesting that generating income can provide clarity on further setup needs.