2007-01-14 13:09:49 · 5 answers · asked by hunter m 1 in Business & Finance ➔ Small Business
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!
2007-01-16 03:54:35 · answer #1 · answered by TM Express™ 7 · 0⤊ 0⤋
Make sure you have a business plan. This is a really help in the end. It can act as your guide and if you are going to need loans it's a way to show your investers that you have thing throughly thought out!
Also follow these steps and you'll be up and running in no time:
1. Develop a clear vision and translate it into a meaningful mission statement.
2. Assess the company's strengths and weaknesses.
3. Scan the environment for significant opprotunities and threats facing the business.
4. Identify the key factors for success in the business.
5. Analyze the competition.
6. Create company goals and objectives.
7. Formulate strategic options and select the appropriate strategies.
8. Translate strategic plans into action plans.
9. Establish accurate controls.
2007-01-14 22:11:29 · answer #2 · answered by Melissa Breazeale 2 · 0⤊ 0⤋
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2007-01-15 00:22:19 · answer #3 · answered by thomascook20042003 1 · 0⤊ 0⤋
Time
Faith/Belief
Committment
Capital
Product & services that is in demand
Expertise
& determination to succeed
Patience
Do you have these, then go for it.
I teach people to establish home based businesses for 4 years.Drop me aline if you need more information,only if you are serious.
ppandya_1@yahoo.com
2007-01-15 13:47:27 · answer #4 · answered by Prakash 2 · 0⤊ 0⤋
Apply for LLC or sole prop. from your state, get EIN # from the feds, get general liabilty insurance, get occupational or priviledge lic. from your county. That should cover you. Advertising is good but word of mouth on quality workmanship or service is the best!
2007-01-14 22:16:02 · answer #5 · answered by bajllc 2 · 0⤊ 0⤋