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melvds | What is the first steps of opening your own business? |
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TM Express™
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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! |
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huh1949
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Thorough and complete research and not just hunches or feelings. The Capital to not only set up business but to sustain yourself for months should it not work out. An Accountant, an accounts book and discipline to keep it up to date.
Oh, and be prepared to work unsociable hours, do without holidays, do without luxuries until established. The State also offers you substantially less padding than if you were a suit working for a company. Been self-employed for 31 years. It's not been easy let me tell you! |
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Alice M
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Location, location, location! Also, you need to find out what the public screams for. What gender are you attending to. And you have to love what you do because that is what people see. There is alot of competition when it comes to manicures/pedicures, restaurants, clothing industries. You need to attract the public with advertising. |
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wish I were
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You can get books at the libarary that tell you step by step. Way to much info. to put on here! |
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glw
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writing a business plan. |
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maxhound
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Capital |
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heartache
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Contacting you Chambers of Commerce to get a DBA (Doing business as) SO figure out the name first. |
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DeeDee
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Creating a business plan, for sure. Not just something you spend a few days working on, it has to be something you research and put a considerable amount of time into. The more detailed it is the better.
You can look for financing (capital) but you won't get any if you don't have a business plan to show your potential investor / bank.
You can look for a place to do business but if you have no operations plan, how will you really understand what you need?
You can figure out what you want to sell and to whom but what will be your plan to get your product or service to your target market?
A fresh idea is the start to your business plan, research your target market and your competition, but never forget that if you fail to plan you plan to fail! |
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kate d
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Don't borrow loads of money. |
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Donald P
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First step is finding a business that will give you financial stability, allow you time for your family, hobbies, spiritual life etc. and you can truly enjoy doing. Once you have that the rest comes easy. You may try visiting the website www.maximumsuccess.com/donlinda. |
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