what do I need to do if I want to start a small business? what's the process?

Answer 1

1. Define your business first. What do you want to do? Make a list of possible businesses you can develop based on your know how, skills, interests and opportunities and write the pros and cons of each. Clarify your business model. Dan Ramsey in his book "101 Best Home Businesses" has a chapter on how to find YOUR best business. He suggests these 10 steps:

a. List 5 things you do best
b. List how others would benefit from what you do best
c. Find out how to give people what they want
d. Learn the value of your services to others
e. Find out who else offers similar services
f. Learn from the successes of others
g. Learn from the failures of others
h. Plan your own success
i. Make low cost mistakes
j. Enjoy what you do and how you do it

2. Check the feasibility of the business idea.

3. Once you've determined exactly what business to start, research about the business -- how much will it take you to start the business, what do you need, who are doing it, who is your target market, how are you going to reach your market. This is your business plan. It is best to put it in writing, especially if you will be seeking loans or investors as they will require a business plan

4. Find out how much the business will cost and where you can get the money. If your resources are not enough, where will you get money? Can you get money elsewhere? If you really cannot raise the funds you need, are you willing to downscale the idea?

5. Decide if this is a business that can be done alone by you, or whether you will need a partner or you will hire employees. Aside from you, who else will be involved in the business?

6. Once you find out that you can really raise the capital you need and the personnel requirements, setup your business. Decide if you want to be a sole proprietor, partnership, LLC, S or C corporation.

7. Go to your local county to find out the steps for business registration, assumed name or DBA, and whether the business will require a license or not. Or check the Web for information on starting a business in your state, specifically from your state or local government websites. Then complete all legal and regulatory requirements.

8. Start the process of setting up the business. If this is a website, then start thinking of its contents, who will design the site, who will manage the site. If this is a restaurant, start looking for location. If this is a recipe book, start contacting agents and publishers or look into the option of self publishing.

9. Set up your office, whether at home or if you will lease an office space. Purchase the equipment you need.

10. Start developing your marketing materials such as business cards, brochures, flyers.

Answer 2

It can be utilized as a weed suppressant. I've constructed a lawn retailer for my garden tractor from Shredded Wheat. I have extensively utilized it to assemble raised beds. It makes very well croquet mallets. However, I could no longer endorse making an attempt to devour the stuff. It may be valuable in serving to to recall the order of the elements of the compass. N E S W........... Never Eat Shredded Wheat

Answer 3

contact a company that i have done business with and they are the best at what they do. it is called business credit services. they are located in las vegas, nv. they also do small business marketing, finance, website work, letter head work, and they also help you with the paperwork surrounding incorporation in your state. their fees are reasonable for the amount of work they do, plus they also help you build your business credit lines (which is hyper important). the fees run about $2500. they work with you step by step along the way. contact a man by the name of paul beck. he is my friend and a rep out there.