Starting a small business

Starting a small business 1

Starting a small business demands determination, motivation, and an understanding on how it functions. Following are a few of the critical steps you need to now to have winning small business start-up:

Choose your business opportunity:

Identifying the sort of business to begin can be a freezing and can immobilize your thoughts, as there are plethora of opportunities to chose from. It’s very necessary to understand and make up your mind on what your passions and skills are. You have to understand your type of personality and channel your thought accordingly to learn what are you key areas. Also it is important to judge what accomplishments what you can do for the company and check whether you are entering a fading industry or a rapidly growing sector, etc. Find all the info that you need about ” promotional products customkcups ” at http://www.customkcups.pookismahi.com

Build the foundation for business plan:

Starting a small business 2

For anyone wanting to start a business, a business plan lets you increase the understanding of your sector and the structure of your industry,  understand the competitive market and the capital that is required to start the business, leave alone running the show. Paul Tiffany, a famous author once wrote that if you had a sound business plan in place you have a 50% more profits and revenue than the businesses without plans. Just by composing a business plan, it makes good business sense.

Trying to find the start-up money:

You got to first invest in business in order to kick start it. The journey of finding funds to start will be different for each person. Some start ups such like consulting, requires a few 1000 to get a site and some business cards whereas a retail shop may need $100,000 or even more. Try logging on to angel investor’s websites, catch up with your banks, meet a few venture capitalize, who you think can dole out some money for your dream and those who believe in your passion.

Find a name for your business:

You might think what’s so special in a business name? Well, everything and also nothing. The good business name will help tell your business name from a sea of flat competitors, Facebook, Google, Twitter, Netscape are a few of the hot names in the industry today. Make a name which will help people remember.

62 thoughts on “Starting a small business

  1. How do I start a small business selling my homemade beauty products? I’d really like to get some feedback on my products, I was thinking about having a giveaway on YouTube and making a video about them. Is that a good idea?

    Where also should/can I start selling them. Anything you have about starting a small business or any rules on selling beauty products would be really helpful 🙂 thanks!

  2. Hi everyone
    I was having trouble finding sexy lingerie for myself in the larger sizes. When I spoke to friends they too had the same problem So I went looking. I contacted a manufacturer of plus size lingerie. I told my friends I found sexy lingerie in sizes16 to 28 they asked me to order some for them I ordered 20 items and sold it all in the same day. Now I’ve got people asking me if I would do lingerie parties I keep putting them of as I’m not sure how to go about it

    I don’t want to get in to the sell this much and you get this or the get 2 party bookings and you get so much off your next order or order this now and you get it in 4 weeks type of thing
    This is what I had in mind
    I would love some feedback on what you think

    The hostess gets to pick something for FREE any piece of lingerie
    No ordering If you like something and you want buy it there and then Ok or I’ll do a lay-by
    No pressure selling just get a few friends together have a few drinks have a few laughs try on lingerie

  3. i’m going to be working the place by myself for the first month but after that i need an employee. who do i talk to about getting w2’s for them and paying taxes on them?

  4. Let’s say a small arcade. What would be the steps to starting a legal business? Doesn’t have to be detailed but an outline of what needs to be done and a point in the right direction for finding more info would be helpful.

  5. I am in the beginning stages of starting a business and want to create a website to attract customers. I want it to be very well organized and be easy to navigate. Any products out there that could help with this problem? Any help would be really appreciated.

  6. I’m 13 and I wanna start a T-shirt business, I know how to make them but what’s a good starting price for them and how should I advertise It and things like that. Serious answers please. Preferably someone with small business experience. Email or chat me if yu have more to say. Thank you!

  7. Can anyone give me information on starting small cleaning business in NSW Australia?
    Is a occupational license for a office cleaning service
    that I will be operating out of my home required for that
    and how can i get it?

    Thank you so much for you help.

  8. I recently seperated from the US Army, and am looking to start a telemarketing business ( dont worry its business to business, and will only be calling contractors, and building companies to aid in sales for my fathers building supply company). Well I need more info and a direction. Does any one know of any programs that can help? Maybe State grants. Or really any helpful advice would be greatly appreciated.
    thats awesome violet , thanx

  9. I bought a water shed truck for my son . We will sub-contract it out for Fire season. He will drive and of coarse operate it, I will manage the contracts and work locations from home. Applications for Fictitious names and business licenses ask if this small business is a Corp or Unincorporated. What is best? Thank you.

  10. i’m going to be working the place by myself for the first month but after that i need an employee. who do i talk to about getting w2’s for them and paying taxes on them?

  11. Starting a business, company just registered. What to choose: business debit card from Chase or BofA?
    Should I apply for a business CREDIT card as well if I’m not sure business go well?

    Thank you.
    If you answer, don’t put links to other sites, please. It will be reported.
    Thank you.

  12. I’m planing on starting a small business for myself. Nothing big i’ll the only worker/owner of the business so its going to be a small place. My question is which would be best for a starting business? Which should I start it out as a(n) Sole Proprietorship or LLC, and why?, or if you have another one for me to start my business, which one and why?

  13. i dinesh from hyderabad i want to run a business in making of paper plates and my investment is Rs 50000/-can u give some idea

  14. I’m planing on starting a small business for myself. Nothing big i’ll the only worker/owner of the business so its going to be a small place. My question is which would be best for a starting business? Which should I start it out as a(n) Sole Proprietorship or LLC, and why?, or if you have another one for me to start my business, which one and why?

  15. Starting a business, company just registered. What to choose: business debit card from Chase or BofA?
    Should I apply for a business CREDIT card as well if I’m not sure business go well?

    Thank you.
    If you answer, don’t put links to other sites, please. It will be reported.
    Thank you.

  16. I want to start a small business at home just selling things online but i dont know where to buy the wholesale to sell??
    I have sold items from around the house and items my friends have given me to sell but i want to make a bigger profit. i am based in dublin, ireland.
    Can anyone help me??

  17. How do I start a small business selling my homemade beauty products? I’d really like to get some feedback on my products, I was thinking about having a giveaway on YouTube and making a video about them. Is that a good idea?

    Where also should/can I start selling them. Anything you have about starting a small business or any rules on selling beauty products would be really helpful 🙂 thanks!

  18. i’m going to be working the place by myself for the first month but after that i need an employee. who do i talk to about getting w2’s for them and paying taxes on them?

  19. How do I start a small business selling my homemade beauty products? I’d really like to get some feedback on my products, I was thinking about having a giveaway on YouTube and making a video about them. Is that a good idea?

    Where also should/can I start selling them. Anything you have about starting a small business or any rules on selling beauty products would be really helpful 🙂 thanks!

  20. I’m starting a small biz. I’ve started a speadsheet, writing all my expenses and every purchase, now that I’m working for myself.. I’m trying to see where I can write off business expenses, so I’m not taxed for that amount. Can you give any advice? Do I need to keep every receipt? What do I need to do?

  21. How do I start a small business selling my homemade beauty products? I’d really like to get some feedback on my products, I was thinking about having a giveaway on YouTube and making a video about them. Is that a good idea?

    Where also should/can I start selling them. Anything you have about starting a small business or any rules on selling beauty products would be really helpful 🙂 thanks!

  22. I’m starting a small biz. I’ve started a speadsheet, writing all my expenses and every purchase, now that I’m working for myself.. I’m trying to see where I can write off business expenses, so I’m not taxed for that amount. Can you give any advice? Do I need to keep every receipt? What do I need to do?

  23. I’m starting a small biz. I’ve started a speadsheet, writing all my expenses and every purchase, now that I’m working for myself.. I’m trying to see where I can write off business expenses, so I’m not taxed for that amount. Can you give any advice? Do I need to keep every receipt? What do I need to do?

  24. I’m planing on starting a small business for myself. Nothing big i’ll the only worker/owner of the business so its going to be a small place. My question is which would be best for a starting business? Which should I start it out as a(n) Sole Proprietorship or LLC, and why?, or if you have another one for me to start my business, which one and why?

  25. I’m starting a small biz. I’ve started a speadsheet, writing all my expenses and every purchase, now that I’m working for myself.. I’m trying to see where I can write off business expenses, so I’m not taxed for that amount. Can you give any advice? Do I need to keep every receipt? What do I need to do?

  26. Alright so, i have already decided on starting my own business. I want something that i can start out small and then expand when it starts to grow. All i need is an idea of what kind of business to start? any suggestions, ideas, help?

    It would be a offline business, but i would, of course, have a website also.
    Things i like/am passionate about:: Horses, Hiking/Camping, Baking, Scrapbooking… but i am the kind of person that, if i do something a few times, i start to like it. So anything would really work… It’s always been a dream of mine to run my own business.
    the area where i will be opening my own business is in Jacksonville MD, which is very populated with equestrian riders. I was thinking about maybe opening a business that relates to horses (my biggest passion in life). But, there is already a small tack shop there… However… I’ve been in their tack shop, and i really wasnt too thrilled about it. They had a small selection, and there was NOTHING western at all. Don’t get me wrong, its mostly english riders around there, but there are still some western riders like myself. Is it ok to have 2 tack shops in the same general area?

  27. Starting a business, company just registered. What to choose: business debit card from Chase or BofA?
    Should I apply for a business CREDIT card as well if I’m not sure business go well?

    Thank you.
    If you answer, don’t put links to other sites, please. It will be reported.
    Thank you.

  28. I want to start a small business that I can manage from my home and computer. I’m only 12, but I wanna start a cool online store. I’m not sure for what, but I really wanna. How do I get people to buy things from it?

  29. Starting a business, company just registered. What to choose: business debit card from Chase or BofA?
    Should I apply for a business CREDIT card as well if I’m not sure business go well?

    Thank you.
    If you answer, don’t put links to other sites, please. It will be reported.
    Thank you.

  30. Starting a business, company just registered. What to choose: business debit card from Chase or BofA?
    Should I apply for a business CREDIT card as well if I’m not sure business go well?

    Thank you.
    If you answer, don’t put links to other sites, please. It will be reported.
    Thank you.

  31. I’m 42 and I work 14-16 hrs a day and tired of it. I want to start my own business where I don’t have to work these hrs. Any ideas what should I do? Currently I run a liquor store and works 7 days a week.

  32. Starting a business, company just registered. What to choose: business debit card from Chase or BofA?
    Should I apply for a business CREDIT card as well if I’m not sure business go well?

    Thank you.
    If you answer, don’t put links to other sites, please. It will be reported.
    Thank you.

  33. How do I start a small business selling my homemade beauty products? I’d really like to get some feedback on my products, I was thinking about having a giveaway on YouTube and making a video about them. Is that a good idea?

    Where also should/can I start selling them. Anything you have about starting a small business or any rules on selling beauty products would be really helpful 🙂 thanks!

  34. i’m going to be working the place by myself for the first month but after that i need an employee. who do i talk to about getting w2’s for them and paying taxes on them?

  35. Starting a business, company just registered. What to choose: business debit card from Chase or BofA?
    Should I apply for a business CREDIT card as well if I’m not sure business go well?

    Thank you.
    If you answer, don’t put links to other sites, please. It will be reported.
    Thank you.

  36. I’m starting a small biz. I’ve started a speadsheet, writing all my expenses and every purchase, now that I’m working for myself.. I’m trying to see where I can write off business expenses, so I’m not taxed for that amount. Can you give any advice? Do I need to keep every receipt? What do I need to do?

  37. I’m planing on starting a small business for myself. Nothing big i’ll the only worker/owner of the business so its going to be a small place. My question is which would be best for a starting business? Which should I start it out as a(n) Sole Proprietorship or LLC, and why?, or if you have another one for me to start my business, which one and why?

  38. i’m going to be working the place by myself for the first month but after that i need an employee. who do i talk to about getting w2’s for them and paying taxes on them?

  39. i’m going to be working the place by myself for the first month but after that i need an employee. who do i talk to about getting w2’s for them and paying taxes on them?

  40. I’m starting a small biz. I’ve started a speadsheet, writing all my expenses and every purchase, now that I’m working for myself.. I’m trying to see where I can write off business expenses, so I’m not taxed for that amount. Can you give any advice? Do I need to keep every receipt? What do I need to do?

  41. Starting a business, company just registered. What to choose: business debit card from Chase or BofA?
    Should I apply for a business CREDIT card as well if I’m not sure business go well?

    Thank you.
    If you answer, don’t put links to other sites, please. It will be reported.
    Thank you.

  42. Starting a business, company just registered. What to choose: business debit card from Chase or BofA?
    Should I apply for a business CREDIT card as well if I’m not sure business go well?

    Thank you.
    If you answer, don’t put links to other sites, please. It will be reported.
    Thank you.

  43. i’m going to be working the place by myself for the first month but after that i need an employee. who do i talk to about getting w2’s for them and paying taxes on them?

  44. i’m going to be working the place by myself for the first month but after that i need an employee. who do i talk to about getting w2’s for them and paying taxes on them?

  45. i’m going to be working the place by myself for the first month but after that i need an employee. who do i talk to about getting w2’s for them and paying taxes on them?

  46. How do I start a small business selling my homemade beauty products? I’d really like to get some feedback on my products, I was thinking about having a giveaway on YouTube and making a video about them. Is that a good idea?

    Where also should/can I start selling them. Anything you have about starting a small business or any rules on selling beauty products would be really helpful 🙂 thanks!

  47. How do I start a small business selling my homemade beauty products? I’d really like to get some feedback on my products, I was thinking about having a giveaway on YouTube and making a video about them. Is that a good idea?

    Where also should/can I start selling them. Anything you have about starting a small business or any rules on selling beauty products would be really helpful 🙂 thanks!

  48. im 13 years old and me and my friend want to start a small business selling clothes. we would buy them from a online wholesalers but we arnt sure where to sell them! obviously we are too young to run a shop or anything! the ideas we have so far are:
    -ebay (but we might not make that much profit)
    -online shop (but that might be a bit pricey and ambitious for 13 year olds)
    -market stall (but we arnt sure if you have to be a certain age to do that)
    any other ideas or opinions on our ideas????
    thanks

  49. My husband and I are creating our business plan and we want to know what is the best software for us to use?

    Other than the SBA and SCORE, what are some practical tools we can use to build our business plan? We have heard of Palo Alto’s “Business Plan Pro”, is there anything better out there?

  50. I’m planing on starting a small business for myself. Nothing big i’ll the only worker/owner of the business so its going to be a small place. My question is which would be best for a starting business? Which should I start it out as a(n) Sole Proprietorship or LLC, and why?, or if you have another one for me to start my business, which one and why?

  51. I’m starting a small biz. I’ve started a speadsheet, writing all my expenses and every purchase, now that I’m working for myself.. I’m trying to see where I can write off business expenses, so I’m not taxed for that amount. Can you give any advice? Do I need to keep every receipt? What do I need to do?

  52. I’m starting a small biz. I’ve started a speadsheet, writing all my expenses and every purchase, now that I’m working for myself.. I’m trying to see where I can write off business expenses, so I’m not taxed for that amount. Can you give any advice? Do I need to keep every receipt? What do I need to do?

  53. How do I start a small business selling my homemade beauty products? I’d really like to get some feedback on my products, I was thinking about having a giveaway on YouTube and making a video about them. Is that a good idea?

    Where also should/can I start selling them. Anything you have about starting a small business or any rules on selling beauty products would be really helpful 🙂 thanks!

  54. I’m starting a small biz. I’ve started a speadsheet, writing all my expenses and every purchase, now that I’m working for myself.. I’m trying to see where I can write off business expenses, so I’m not taxed for that amount. Can you give any advice? Do I need to keep every receipt? What do I need to do?

  55. I want to start a small business in India.
    I want to know the finance aspects, and how banks in India can help me in this. And what insurance cover should be taken to be in the safe side.
    If the business start up cost is X, then how much should be invested from own pocket and how much should be taken from from banks as loans.

  56. I’m planing on starting a small business for myself. Nothing big i’ll the only worker/owner of the business so its going to be a small place. My question is which would be best for a starting business? Which should I start it out as a(n) Sole Proprietorship or LLC, and why?, or if you have another one for me to start my business, which one and why?

  57. I have been a cleaner now for 2 years, and I have saved quite a bit of money doing it. I know a lot about how good the cleaning standards have to be either in domestic cleaning, or cleaning a shop or commercial place.

    Anyway I have been giving it some thought, and although I am only 21 I was thinking why clean for the minimum wage. When I have the knowledge and experience to possibly attempt bigger and better things, with in the cleaning industry.

    I was just wondering if anyone had any advice or tips regarding starting a small cleaning business?

  58. How do I start a small business selling my homemade beauty products? I’d really like to get some feedback on my products, I was thinking about having a giveaway on YouTube and making a video about them. Is that a good idea?

    Where also should/can I start selling them. Anything you have about starting a small business or any rules on selling beauty products would be really helpful 🙂 thanks!

  59. I’m starting a small biz. I’ve started a speadsheet, writing all my expenses and every purchase, now that I’m working for myself.. I’m trying to see where I can write off business expenses, so I’m not taxed for that amount. Can you give any advice? Do I need to keep every receipt? What do I need to do?

  60. How do I start a small business selling my homemade beauty products? I’d really like to get some feedback on my products, I was thinking about having a giveaway on YouTube and making a video about them. Is that a good idea?

    Where also should/can I start selling them. Anything you have about starting a small business or any rules on selling beauty products would be really helpful 🙂 thanks!

  61. Starting a business, company just registered. What to choose: business debit card from Chase or BofA?
    Should I apply for a business CREDIT card as well if I’m not sure business go well?

    Thank you.
    If you answer, don’t put links to other sites, please. It will be reported.
    Thank you.

  62. I’m new at this and I don’t want to do something only to learn I forgot to fill out a form or something. Say for instance I had an Idea and $500 cash, how would i go about starting a business, getting financing, Taxes, Hiring Employees, ETC.

    This Probably has a very long answer, but could you give it a try?

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