I'm trying to start my own business i need to know some steps.?

Answer 1

Starting a small business takes a lot of courage. But, as they say, courage does not pay the bills. To be successful – to stay in business – you need more than courage. You need a combination of hard work, skill, perseverance, and lots of luck.

Some things you need to consider:
- "How can I support my family while I build up by business?"
- "What are my abilities?"
- "Is there a market for the product or service I have chosen?"
- "How long will it take this business to reach the financial goal I have?"

You may want to read the article "How to Start a New Business Successfully" http://www.powerhomebiz.com/vol51/launch.htm , which lists six steps to launch a new business successfully:

1. Provide a benefit.
2. Determine the fit with your market.
3. Right timing is everything
4. Be ready to support your business
5. Develop a blueprint for success
6. Market, market, market

To give you ideas on what exactly do you need to start your own business, here are ten things you need to know before launching your own business “10 Things You Need to Know When Starting Your Own Home Business” http://www.powerhomebiz.com/052006/startingbiz.htm .

I recommend that you read the following books:

- What No One Ever Tells You About Starting Your Own Business : Real Life Start-Up Advice from 101 Successful Entrepreneurs
- Starting From Scratch: How To Start A Business When You Don't Have Money
- If You're Clueless About Starting Your Own Business and Want to Know More
- On the Move : How to Succeed and Survive As an Entrepreneur
-How to Make 1000 Mistakes in Business and Still Succeed

If you need a mentor to help you, there are several places where you may be able to find someone to guide you as you start your business:

- Government Mentoring Programs such as SBDCs, which works with community colleges and local business development councils to offer mentoring programs http://www.sba.gov/sbdc/sbdcnear.html ; or the Women's Network for Entrepreneurial Training http://www.sba.gov/womeninbusiness/wnet_roundtables.html
- Volunteer programs such as SCORE http://www.score.org which is composed of mostly retired executives and entrepreneurs
- Formal mentoring programs such as Athena Foundation http://www.athenafoundation.org/programs/globallinks.html , Helzberg Entrepreneurial Mentoring Program http://www.helzbergmentoring.org/HEMP/ , or The Aspen Institute MicroMentor Program http://www.micromentor.org
- Professional organizations such as the National Women’s Business Council http://www.nwbc.gov/Mentoring/programs.html
- Industry and trade associations
- Local business groups, such as the chamber of commerce
- Local chapters of business groups

Answer 2

The best routes to take are to research the process of starting a business as well as the industry you're interested in.

I recommend checking out the SBA, Entrepreneur, The Start Up Journal & Nolo. All 4 are great informational resources for the new/small business owner. I posted links for you in the source box.

Research, research, research – this cannot be stressed enough. Read as much as you can. Here are some book titles that are relevant:

* How to Really Start Your Own Business, Fourth Edition by David E. Gumpert
* How to Really Create a Successful Business Plan: Step-by-Step Guide by David E. Gumpert
* What No One Ever Tells You about Starting Your Own Business: Real-Life Start-Up Advice from 101 Successful Entrepreneurs (What No One Ever Tells You About Starting Your Own Business) by Jan Norman
* Business Start-Up Kit by Steven D. Strauss
* Start Your Own Business (Entrepreneur Magazine's Start Up) by Rieva Lesonsky

There are plenty of free informational resources out there. Check the source box for links to articles.

Hope that helps! I wish you much success & happiness in all your ventures!

Answer 3

If you have not business knowledge I suggest you get a lawyer and a business consultant. If you can not afford these two than got to sba.gov. They can help you with all your small business needs and often time will give you advice on how to get started, how to get capital, the different types of business entities, what paperwork you need to file and where you need to file it at.

Even if you have a great idea that can make billions poor management of a business can ruin you. If you are in over your head get help. It is worth the money they charge you to make sure that everything is set-up properly. If you are short on cash I would really recommend that you go to your local SBA (Small Business Association).

Answer 4

I've read alot about this and we once started a catering business, only to have it fail. Business professionals recommend that before starting your own business, take some courses in how to do it. Courses can be found in community colleges, adult learning centers, and various places. Being educated on how to start a business and how to keep it running improves your chances of survival. Most start-ups fail within 3-5 years. Look for classes.

Answer 5

First write a basic business plan.

Next contact your City Revenue Department - they are the ones who will issue you a business license.

You may also need to get a State Taxpayer Identification Number. This is handled through your State Revenue Dept.

Then you are ready to conduct business. If you need money there are usually small business loans and grants available on a local level. If you qualify sometimes a bank will loan you money to start your business. You must have excellent credit for this.