A business plan should always be the starting point for getting your company off the ground. Look at it as a roadmap for what you want your company to achieve, and how you plan to get there. It will not only provide you with insights into how you should go about running your business. It’ll also provide potential investors or lenders with information on how likely the business … [Read more...] about 7 Key Components of a Successful Business Plan
The Steps to Follow When Starting a Business and Articles on Starting a Business in Different Industries
Starting a business is something can be done by anyone. Contrary to popular belief, entrepreneurs are made and not born. Entrepreneurship can be taught and learned by all. The following article outlines the core steps aspiring entrepreneurs should follow to launch a business in any industry.
8 Steps to Growing a Profitable Business
(1) Develop a General Understanding of Business
(2) Understand Business Formation Types (Sole Prop, LLC, S-Corp, C-Corp, etc)
(3) Hiring Employees
(4) Raising Capital
(5) Understand Intellectual Property
(6) Integrate Technology into Your Business
(7) Growing Your Business & the Risks Associated
(8) Exiting (Selling) Your Business
Why Startups Should Hire an Answering Service
As a small business owner, you wear many hats. You are probably part of the sales department, accountant, hiring manager, and sometimes play the role of customer service. It can be too much to handle—a ball is inevitably going to get dropped somewhere. You will have to prioritize your time and efforts to see what is most beneficial for your company. Some tasks on your plate can … [Read more...] about Why Startups Should Hire an Answering Service
A Beginner’s Guide to Starting a Business in the Hot Tub Industry
No matter how you came to the decision, opting to start a spa and hot tub business can be a great move. But it is important to know the proper steps to take to start that business from scratch so that it can grow into a successful endeavor. Follow this guide and you will have the tools that you need to begin this new business and put yourself in a position to succeed. Create … [Read more...] about A Beginner’s Guide to Starting a Business in the Hot Tub Industry
6 Realistic Tips for Starting a Micro Business
Does the idea of working for yourself appeal to you? It's not for everyone. In fact, a good portion of the population wants nothing to do with it. They seek the comfort and economic security of punching the clock for a major corporation or government agency, doing group projects with colleagues, and spending their careers as part of vast entities. But if you are one for whom … [Read more...] about 6 Realistic Tips for Starting a Micro Business
Thinking About Going International? Here’s How to Start & Run a Lifestyle Business in Singapore
Singapore is rated as one of the top cities with ease of doing business in the world. It has a business environment consisting of a straightforward protocol with quick and responsive government agencies. Its capital plays a significant task in global commerce. It also has a gateway to the APAC area and entices a good number of investors. For instance, it hosts more than 8,000 … [Read more...] about Thinking About Going International? Here’s How to Start & Run a Lifestyle Business in Singapore