steps to starting a business?
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1st step : Know your own capability and means.\n2nd step: Find the niches \n3rs step: Find the demands
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Entrepreneur Magazine has made a list of low cost businesses that you can start:\n\nLow Cost Startup Businesses http://www.entrepreneur.com/lowcostbusinesses/0,6617,,00.html\n\nStarting a small business takes a lot of courage. But, as they say, courage does not pay the bills. To be successful – to stay in business – you need more than courage. You need a combination of hard work, skill, perseverance, and lots of luck. \n\nSome things you need to consider:\n- "How can I support my family while I build up by business?" \n- "What are my abilities?" \n- "Is there a market for the product or service I have chosen?" \n- "How long will it take this business to reach the financial goal I have?" \n\nYou may want to read the article "How to Start a New Business Successfully" http://www.powerhomebiz.com/vol51/launch.htm , which lists six steps to launch a new business successfully:\n\n1. Provide a benefit.\n2. Determine the fit with your market.\n3. Right timing is everything\n4. Be ready to support your business\n5. Develop a blueprint for success (business plan)\n6. Market, market, market\n\nI recommend that you read the following books:\n\n- What No One Ever Tells You About Starting Your Own Business : Real Life Start-Up Advice from 101 Successful Entrepreneurs \n- Starting From Scratch: How To Start A Business When You Don't Have Money \n- If You're Clueless About Starting Your Own Business and Want to Know More \n- On the Move : How to Succeed and Survive As an Entrepreneur \n- How to Make 1000 Mistakes in Business and Still Succeed \n\nThe best home business that you can be sure is not a scam is one that you start yourself. It will depend on what you want, how you define to be interesting. A person may consider a pet sitting business to be the most exciting work in the world, while another person would rather watch TV than take care of dogs. \n\nThe key is to determine what your interests are, what you want to do, what is suitable for your lifestyle and your overall goals, and what can fit with your resources.\n\nDan Ramsey in his book "101 Best Home Businesses" has a chapter on how to find YOUR best home business. He suggests these 10 steps:\n\n1. List 5 things you do best\n2. List how others would benefit from what you do best\n3. Find out how to give people what they want\n4. Learn the value of your services to others\n5. Find out who else offers similar services\n6. Learn from the successes of others\n7. Learn from the failures of others\n8. Plan your own success\n9. Make low cost mistakes\n10. Enjoy what you do and how you do it\n\nHe then made suggestions on the best home businesses according to type. Here are a few of them:\n\nBest Businesses Using Craft or Physical Skills\n- antique restoration\n- auto detail service\n- carpet cleaning business\n- errand/delivery service\n- housecleaning business\n\nBest Service Businesses \n- bed and breakfast operator\n- caregiver\n- catering service\n- senior day care center\n- tutoring service\n\nBest Professional Businesses\n- desktop publisher\n- magazine writer\n- import/export service\n- income tax preparation service\n- event planner\n\nSome other home business ideas:\n\nTop 10 Home Businesses with Rapid Break-Even Time http://www.powerhomebiz.com/vol33/breakeven.htm\n10 Profitable “Go-Out" Home Businesses http://www.powerhomebiz.com/vol31/goout.htm\n\nYou can also check out the following books:\n\nTurn Your Talents into Profits: 100+ Terrific Ideas for Starting Your Own Home-Based Microbusiness \n The Best Home Businesses for the 21st Century \n 121 Internet Businesses You Can Start from Home \n The Best Internet Businesses You Can Start \n 101 Ways to Make Money at Home
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Go to this website www.inc.com\nLots of free info there\n\n1. Write  business plan-plenty of FREE places online to see examples\n\n2. Trademark your company name and/or idea-You can visit the Library of Congress online to get the forms-this is fairly inexpensive\n\n3. Tell everyone you know about your business, word of mouth is powerful. You will be surprised how quickly people are willing to help\n\n4. Get an accountant, one who specializes in small businesses\n\n5. He/She will help you get incorporated
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Its good to to think that you'd start small, from risk perspective, experience and learning. Its different from thinking big. Starting a business may need the following steps\n1 Idea of business, concepts... scribble on a paper or something, take notes, research it from the net, go to market\n2. If the idea still sounds good, time to do a business plan. Write a plan. Net has good formats and guidance. This will further require lot of research on the market, product etc, implementation schedules...whole lot of things\n3. Biz plan includes the financial estimates, revenues, capital requirements. \n4. Time to arrange for funds. Equity, debt, venture funds\n5. Physical implementation start.\n\n4 and 5 will mostly be simulteneous activities. No one will give you money unless you have started working the business. \n\nBest wishes
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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.\n\nI 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.\n\nResearch, research, research – this cannot be stressed enough. Read as much as you can. Here are some book titles that are relevant:\n\n* How to Really Start Your Own Business, Fourth Edition by David E. Gumpert\n* How to Really Create a Successful Business Plan: Step-by-Step Guide by David E. Gumpert\n* 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 \n* Business Start-Up Kit by Steven D. Strauss \n* Start Your Own Business (Entrepreneur Magazine's Start Up) by Rieva Lesonsky\n\nThere are plenty of free informational resources out there. Check the source box for links to articles.\n\nHope that helps! I wish you much success & happiness in all your ventures!
1048082
The best routes to take are to research the process of starting a business as well as the industry you're interested in.\n\nI 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.\n\nAssociations may be a good avenue to explore as well. These organizations will address many of the thoughts, questions and concerns you'll inevitably have as well as many you haven't anticipated yet. See the source box for some relevant links. \n\nResearch, research, research – this cannot be stressed enough. Read as much as you can about the industry. Here are some book titles that are relevant:\n\n* Selling Online: How to Become a Successful E-Commerce Merchant by Jim Carroll, Rick Broadhead\n* The Complete E-Commerce Book: Design, Build, and Maintain a Successful Web-Based Business by Janice Reynolds\n* Intelligent Selling: The Art & Science of Selling Online by Ken Burke \n* E-Commerce for Dummies by Don Jones\n\nThere are plenty of free informational resources out there. Check the source box for links to articles.\n\nHope that helps! I wish you much success & happiness in all your ventures!
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First thing you need to do is put an "executive summary" of or your idea (or a more detailed "business plan") together.   It doesn't have to be anything crazy but it should cover the following topics:\n\n1) A general overview of the idea.  Basically, explain the business and describe why you think it is a good idea.  Include as much third party supporting evidence as possible.  You want to show that you (or your group) are not the only one who thinks this is a good idea.\n\n2) Backgrounds/Resumes of those involved.   Investors are investing in the people behind the idea as much as they are looking to invest in the idea itself.\n\n3) Planned Marketing Strategies (How are you going to attract customers?)\n\n4) Operation Summary.  Detail how you plan to operate your business.  \n\n5) How much are you willing to give up to someone who is willing to lend financial backing?  This can be a percentage of ownership in the company, interest on a more traditional loan, a revenue share opportunity, or any combination.\n\n6) Financial Projections (What are your start up costs? What will your monthly expenses be? Are you going to lease or buy equipment? How much revenue will you generate? etc).\n\nNow that you have your idea on paper, you can start looking for investors.  (Well, even if you have all the answers in your head, you can start talking to people.  But, at some point, they will more than likely want all of the above written out.)\n\nIn this case, I'd start talking to friends and family about the business.  You never know who might be interested.  Also, check with your local small business administration.  They can point you in the right direction regarding local investors.
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You can find all your answers here:\nhttp://www.sba.gov/starting_business/startup/guide.html
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Begin with an business plan with an 3 to 5 year projection that covers your forseeable expenses of total operation cost of your desired business for example wages, rent or lease of property, insurance ,legal fees, advertisment cost , etc and it helps to either have some prior experience or education but sort after an mentor who can be a spiritual / business guide for you because you can expect some bumpy roads ahead!
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read the "21 Steps to Starting Your Home Business" http://www.powerhomebiz.com/vol4/21steps.htm for tips on how to start your business.
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To get started, I suggest contacting the Small Business Administration Financing Page (SBA) – links below. Entrepreneur also offers a great site dedicated to money & finance – see below.\n\nResearch, research, research – this cannot be stressed enough. Read as much as you can. Here are some book titles that are relevant:\n\n* Free Money for Small Businesses and Entrepreneurs by Laurie Blum\n* Finding Money: The Small Business Guide to Financing (Small Business Series) by Kate Lister, Tom Harnish\n* Financing Your Business Dreams With Other People's Money: How and Where to Find Money for Start-Up and Growing Businesses by Harold R. Lacy\n* No Cash No Fear: Entrepreneurial Secrets to Starting Any Business with No Money by Terry Allen\n* Starting on a Shoestring: Building a Business Without a Bankroll by Arnold S. Goldstein\n\nThere are plenty of free informational resources out there. Check the source box for links to articles.\n\nHope that helps! I wish you much success & happiness in all your ventures!
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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.\n\nI 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.\n\nResearch, research, research – this cannot be stressed enough. Read as much as you can. Here are some book titles that are relevant:\n\n* How to Really Start Your Own Business, Fourth Edition by David E. Gumpert\n* How to Really Create a Successful Business Plan: Step-by-Step Guide by David E. Gumpert\n* 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 \n* Business Start-Up Kit by Steven D. Strauss \n* Start Your Own Business (Entrepreneur Magazine's Start Up) by Rieva Lesonsky\n* Small Business Start-up Kit for California by Peri Pakroo, Barbara Kate Repa\n\nThere are plenty of free informational resources out there. Check the source box for links to articles.\n\nHope that helps! I wish you much success & happiness in all your ventures!
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start your own business...
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To get the step-by-step instructions, call your county office. They are in the best position to actually tell you what you need for your business.\n\nNonetheless, you can visit the following websites\n\nGuide to Starting a Business in Michigan http://www.michigan.org/medc/services/startups/GuideToStarting.pdf\nMichigan.gov Starting a Business http://www.michigan.gov/medcguide
1110511
The best routes to take are to research the process of starting a business as well as the industry you're interested in.\n\nI 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.\n\nAn association may be a good avenue to explore as well. It will address many of the thoughts, questions and concerns you'll inevitably have as well as many you haven't anticipated yet. See the source box for the link.\n\nResearch, research, research – this cannot be stressed enough. Read as much as you can about the industry. Here are some book titles that are relevant:\n\n* Flea Market America: The Complete Guide to Flea Enterprise by Cree McCree "\n* The Official Directory to U.S. Flea Markets Eighth Edition by Kitty Werner\n\nThere are plenty of free informational resources out there. Check the source box for links to articles.\n\nHope that helps! I wish you much success & happiness in all your ventures!
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Have to look up the Corporations Act. It tells you the steps of how to set up a business. \n\nFactors needed to be considered: \n- whether the business will be by sole proprietor, partnership or company. \n- register for ABN\n- inform ATO\n- register business name
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First step is to prepare a business plan so you can thoroughly think through the resources you need and the strategies to make your venture a success. You will need it to present to potential investors or loan providers.\n\nYou can find a free sample business plan for a bakery at Bplans.com\nhttp://www.bplans.com/spv/3181/\n\nThen, consider if you can get funding from SBA. Read the guidelines on how to get SBA loan: http://www.sba.gov/financing/\n\nFor other sources of financing, you may want to read various articles here http://www.powerhomebiz.com/financing/financing.htm