what are the steps to starting a business?

Question

you get the land then what?

Answer 1

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 2

The first step is to write a business plan. Decide what your product is, who your customers are and what funds and equipment you'll need to operate your business. If you need financing for your business, a bank or other financial source will want to see your business.

A really good business plan acts as a marketing tool for investors or anyone else who has a financial stake in your business. It also acts as a road map for you. As your business gets off the ground and changes, you should go back to your plan and revise it. You need to adjust for project profit or loss, new sales trends, new products, etc.

Can you clarify what type of business you're looking to open? Is buying land required for your venture or could you rent and write off the expense? A little more information would be helpful.

Answer 3

It depends what state you're in. Talk to a lawyer. Check with your state Department of Revenue. Get registered for a
sales tax number, find out what is taxable.

Get registered for a Fed Employer ID #. Even if you
aren't going to have other employees, get registered.
Then if you do hire someone, you are ready as soon as
you need them. You don't have any tax or other
obligation until you hire someone. And a lot of credit
applications will ask for both these numbers. The
longer you have them, the better it looks.

Call the Small Business Association in your area. They
have programs set up for free consultation time with
people who have been in many types of businesses.

Ask them, and/or ask the state if they have a program
to refer you to talk with an attorney.The first hour is usually free, so have your list of questions ready before you go to make the best use of the time.

You would want to be registered as a corporation, or as an LLC, so that if anything happened, the liability is limited to the corporation,and doesn't carry over to your personal assets. Ask
the lawyer. You might also want to talk to an accountant.

Answer 4

Well I would say personally that you could start a business by first of all getting all of your equipment ready like for example some business cards or catalogs to start you off so if you want to the 2nd step is go and find some helpers and then you have a business.

Answer 5

It depends on which country you are in. I am in Australia and here you need to register your business name and you have to state what kind of business you will run and what products or services it will provide to your customers and the nature of your business. Then you pay a fee that must be renewed in 3 years time. Following that you have to apply for an Australian Business Number or A.B.N. from the Australian Tax Office and register it as either a G.S.T. collecting entity or not.

Answer 6

First, decide on the product or service. Then, you need to build a business plan - it includes the financing ideas, marketing, projected sales - the implementation and tracking.

To do the business plan, you will need to research similar companies and benchmark. You can explore similiar ones on the internet. Once you have a plan in place, you need to do market research and determine who your target market is, how to reach them, what they'd be willing to pay - then do a full cost analysis and see if it is worth it.

Not planning it usually means failure. There are many free business plans on the internet that you can follow.

Answer 7

work, work, work. you have to give up everything.you need some kind of money. find a place, get a business license. i had a recycling business for more than 15 years. ask someone in the business you are interested in for advice. people luv to give advice. good luck to you.

Answer 8

Read some useful business tips on this site to help you

Answer 9

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Answer 10

First: Plan - what you have, need, location, cost, targeted customers etc.
Second: Research - is it in demand? feasible? How?
Third: Action - carry out by yourself or paying someone else to do for you? deadline to complete the project? how much time do you have?
Fourth: Evaluation - what you can do better? If you want to be successful.

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