Starting a Small Business!
Have you ever thought about starting a small business? Starting a business was one of the best decisions I ever made. It was like having an insurance policy for my job. So that early August morning when I went to work and received a lay off, I knew I was going to be ok.
This site is designed to help anyone looking for
ideas for small business
opportunities or help toward starting a business. You may be surprised to learn how easy it is to
start a business.
Starting a small business can be overwhelming at first and at the same time exciting. Trying to figure out what you want to do and how you are going to do it, can also be a challenge.
If you have a strong desire and the entrepreneur spirit living within you, you can succeed. So congratulations, you are one step closer to starting your small business.
Just about anyone can start small business, but to start building a successful business you need to get starting in the right direction and follow a few
Below are some tips and advice that I hope will generate some new small business ideas and help get you headed on the path to success.
Ready? Let's Go.......
First you must always remember the 3-D’s:
Here are a few things for you to also consider:
- Starting a business while still employed is always best. This allows you to still have a steady income to rely on.
- Find something you love and enjoy doing. Some new small business ideas may come from a hobby.
- Think about your talents and any learned skills you may have. What type of work are you doing at your current job, or work you have done on previous jobs?
You may also want to look at some of the
Need a quick start to making money? Be sure and check out Steven's website for some great ideas to
make money quick.
For a couple more business ideas, see this
list of small business ideas.
After you have decided what kind of business is right for you, you will need to figure out how you want your business set up. You can get some
small business advice
to help you decide if you want to run your business as a sole-proprietorship, general or limited partnership, corporation, or LLC.
Now you will need to find a name for your business. List possible names and then check the availability.
Other things to know:
- Know how much money you will need, where the money will come from and how much
small business credit
will you need. Ask yourself:
- Will you need a
business line of credit or a
small business loan?
- What are the small business startup costs going to be? Are you going to need to look at some
small business start up loans?
- Will you need a
small business license?
- Will you need
help starting a small business
or can you do it alone? Will you use family, co-workers or friends. However, consider that business and friendships do not always mix.
- Will you have employees. If yes, what type of small business insurance covers will you need? Workers’ Comp, small business health insurance., etc.
- What will be the
best small business accounting software
for your business?
- Will you need any
small business equipment financing?
Will you run your business from home or will you need to rent a space? If you rent a space, you will need to consider rent, utilities,
small business telephone systems,
etc., which can be costly.
Starting a small business from home is a good way to help keep costs down. So if you can start a business from home, do it.
What kind of office equipment will you need? Will you need to buy new
Do your homework. Research all you can about the type business you want to start. You may be interested in these
small business books,
and talk to other successful small business owners. This will help you gain knowledge and avoid making mistakes that others have made.
Starting a small business - Visit our home page small business ideas