Starting A Business

5 Posts tagged with the business_plan tag
Business Plans

Business Plans

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Posted by: SBOCTeam, Sep 19, 2008

Do I Need One? How Do I Go About It?

By Christopher Freeburn


You're ready to take the plunge. You have a good idea for a new business. You've done the requisite soul-searching and determined that owning your own business is the thing for you. You've spent some time researching the idea and you've figured out where you will locate the business, who your customers will be and what sort of market exists for the business. Now it's time to sit down and cre...

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7 Steps to Small Business Success

1. Start Smart
2. Plan Ahead
3. Set up Systems
4. Seek out Sales
5. Aim for Growth
6. Leverage Opportunities
7. Plan Your Exit

1. Start Smart.
Identify a niche. Don't compete to be the lowest cost provider. Look for what makes your product or service unique and adds a special value for the client and charge for that value. Every business has many facets. Start with what you know and like; start a business that has meaning to you. Ke...

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Getting Started Part III: The Money Chase

Finding the capital you need to get your business started may be easier than you think.
By Max Berry

You've come up with a business idea; you've done the necessary research and written a sure-fire business plan. Now what's the next step? Finding the money to turn that business plan into reality. There is a wide array of potential sources of funding available to entrepreneurs. Each comes with advantages and downsides.

All in the Family
Friends...

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Gettting Started Part II: Get A Plan

Gettting Started Part II: Get A Plan

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Posted by: akgold, Jul 22, 2007

A well-executed business plan is a critical first step for every new business.
By Max Berry

You think you’re ready. You know what sort of business you want to start. You’ve written down your idea, narrowed its focus, and done the basic research. Now, what’s the next step? Turn that idea and research into a formal business plan.

Writing a detailed business plan is an essential step toward getting your business off the ground. Not only will ...

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Getting Started: Part I

Getting Started: Part I

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Posted by: akgold, Jul 20, 2007

Be sure to do all your homework before you take the plunge and start your own business.
By Max Berry

So you want to start your own business? Maybe you have an idea you think is so good, you believe it will be a sure-fire hit. Or perhaps you are simply sick of working for someone else and just want to strike out on your own. The first step in founding a business is to define exactly what your new business will do, in as specific terms as possible.

If you don...

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