I believe there are many ways to have your own company when I 've read some books. However, I don't what I should do to start, what I must have, and when to start.
Do you have any advice? Thanks.
2007-08-04 15:20:29 · 7 answers · asked by 123 start 2 in Business & Finance ➔ Small Business
First and foremost.... a business plan.
You should not move, eat, drink, sleep or fart without it where business is concerned....
2007-08-11 13:13:50 · answer #1 · answered by I Can Count To Potato 7 · 0⤊ 0⤋
I'll try to keep this short. But it really depends on what type of business you want to run. First you should look at your strengths and passions. Then you look for a market that is what I call a hot market. It's a market that has proven that they will spend money on a topic they are interested in. Then you should research to find out as much about this market as possible. Then run a test ad to see if you will get any responses. Offer a free report or white paper.
Find out what this market is trully interested in. Then give them exactly what they want. Hope this helps. The most important task you can complete before jumping into a adventure is to do proper market research which doesn't take long, then test the market.
To Your Immediate and Lasting Success,
Kenney
http://thesmallbusinessmarketingblog.com
2007-08-11 21:21:51 · answer #2 · answered by Kenneth 2 · 0⤊ 0⤋
A) A business plan
B) A business plan
C) A business plan.
Needless to say, I can't stress how important this is. If you don't have a plan, you're just running around frustrating yourself and getting deeper in debt. Check out SBA.gov. There's tons of good information there on how to write up a business plan and get funding.
Here's another way to phrase it. I call the business plan the, "why people should give you money" plan. Both the bankers and your customers need a good reason to give you money.
2007-08-05 00:08:53 · answer #3 · answered by Dave1001 3 · 0⤊ 0⤋
If you are really reading these books, they should answer your questions! Try books on entrepreneurship too. I'm guessing most of them will recommend that you write a business plan. You really SHOULD DO THIS!!!!! Don't think its not necessary. It will allow you to act just like you're in business, but its a trial run on paper. A good book should guide you step by step through this! If you have more specific questions, you'll have to ask them. This one was very broad when it comes to something with many, many specifics. Good luck.
2007-08-04 22:47:43 · answer #4 · answered by Mike M 2 · 0⤊ 0⤋
The single most important thing to do is to write a business plan. There are some US government organizations set up (free service) to help start up companies. The best one is the Small Business Development Center. Set up an appointment with them, and ask their advice.
http://www.sba.gov/aboutsba/sbaprograms/sbdc/sbdclocator/SBDC_LOCATOR.html
2007-08-04 22:46:49 · answer #5 · answered by jdkilp 7 · 0⤊ 0⤋
Decide on a business first and do research about the market for that business. you need to decide what legal entity you will be- sole proprietor, partnership, LLC, corporation. then you need to get a federal employer identification number (if you are a sole proprietor with no employees you probably don't need one). You will prbably also want a ficticious name to use which you can register for with your state. your city will require a business license and possibly your county. Depending on your business, there may be a state agency that regulates it and you may need to be registered with them. Then you need insurance. These are the thngs you can plan for pretty easily because the costs are somewhat fixed.
2007-08-04 22:47:31 · answer #6 · answered by cashmaker81 6 · 0⤊ 0⤋
What kind of company are you going to start?Some businesses need very little to start and some need millions.
I started my little home business with forty bucks.
2007-08-04 22:38:29 · answer #7 · answered by J's leather emporium 3 · 0⤊ 0⤋