Give me financial management advice for starting up a business?

Answer 1

Look for a S.C.O.R.E. (Senior Core of Retired Executives) who offer no fee management advice for small business's. You can also visit the following website for forms, and business templates: www.decaturscore.org

Answer 2

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 about the industry. Here are some book titles that are relevant:

* Entrepreneurial Finance: For New and Emerging Businesses by James McNeill Stancill
* The Business Startup Checklist and Planning Guide: Seize Your Entrepreneurial Dreams! by Stephanie Chandler
* 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

Most companies fail because of the lack of money and time, those are the two biggest killers when it comes to starting a company. Try to plan in advance, be proactive not reactive plan for things to go wrong, you are lucky when they go right. Try and keep to a schedule and stay on top of your business no matter how much it upsets the employees. Remember your are the steam engine pulling the rest of the train and everything falls behind you, if you move fast and hard so will everything else.