Thanks to BusinessBlogWire for providing the following list. Follow the link for further details.

1. Identify your strengths.
2. Think of a domain name.
3. Claim your blog at Technorati.
4. Register your corporate blog at popular blog search engines and directories.
5. Choose a good blogging platform.
6. Get some design help.
7. Be creative.
8. Make a plan.
9. Talk to people.
10. Learn by reading other blogs.