2 Simple Steps Before Starting Your Business

There is so much small business information available today that it's easy to be bogged down by the sheer volume of it all. Where does one start? Well, it's safe to say not all the information you'll receive will be of equal value. So it's important to be discerning when you're thinking about applying any suggestions to your new business. In many cases, you'll find some suggestions don't match your business type, management style, budget, or industry. This could lead to wasted dollars spent and time lost. So learning how to research and compile information will be key in developing a plan that is tailored to fit your business needs.

What I suggest is a methodical and basic approach to starting your business. No matter what the industry, in most cases, these two initial steps will always be the same.

  • Take a crash course in small business. There is no better place to start then http://sba.gov. Not only will you find dozens of free tutorials on business planning and managing but you will also find important information regarding legalizing your business in respect to your location and your industry. In addition, you will find links to other leading small business sites and resources. Visit the site and remember to bookmark this page. Try to develop a schedule and visit the site on a regular basis to familiarize yourself with small business ownership and all its related issues, regulations, requirements, and rewards.
  • Network with other small business owners. Join community websites specifically geared towards small business owners so you can find solutions to common problems such as time management and financing. It's also the best way to build a support system while you are planning to launch your business. Some entrepreneurs give up because they feel they are going at it alone! But there are so many other people out there going through the same challenges and are more than happy to assist you.
  • Don't let your confusion or the amount of information available overwhelm you into paralysis. Once you've gained knowledge on how to become a successful entrepreneur don't stop there. Each day try to work more and more towards formalizing your plans. And don't be afraid to ask for help. Remember, you've got a lot of work ahead of you but these first two steps will ensure you don't head into entrepreneurship ill-prepared.

    Copyright ? 2005 Rhonda Winn - All Rights Reserved. Rhonda Winn has been helping small business owners since 2000. She is the author of the popular eBook, "How to Live Your Dreams and Achieve Unlimited Wealth in Small Business" Receive the first chapter free, when you join her bi-monthly newsletter today: http://sba.gov.

    You are free to publish this article as long as the content remains unchanged and copyright notice and byline is not removed from article.

    Barrington South Lincoln Stretch rentals .. Lockport Chicago limo O’Hare
    In The News:

    A newly discovered security flaw with your iPhone or iPad could leave your personal information vulnerable to hackers. Kurt the CyberGuy explains.
    Modeled after a traditional bell-shaped skirt worn by women in Kosovo, a theater's roof is draped entirely by solar panels to generate renewable energy on-site.
    Kurt the CyberGuy explains how to protect yourself from malicious Chrome extensions that can steal sensitive information like password managers, crypto wallets and banking apps.
    Stellantis' innovative STLA AutoDrive 1.0 system allows drivers to safely take their eyes off the road and their hands off the steering wheel.
    Here are some travel hacks to save money on your next vacation including setting up price alerts, remaining flexible and checking for 24-hour price drops.
    Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.
    One report claims at least 25 million people were targeted by infostealer malware between the beginning of 2023 and the end of 2024, capturing bank card details and passwords.
    The LaserWeeder G2 uses lasers, artificial intelligence and advanced robotics to offer an alternative to chemicals traditionally used in farming.
    Tech expert Kurt “CyberGuy" Knutsson says a malware app called SpyLend is posing as a financial tool, hitting 100,000-plus downloads.
    Tech expert Kurt “CyberGuy" Knutsson says Clone Robotics’ Protoclone mimics humans with 1,000 muscles – too human for comfort.
    Tech expert Kurt “CyberGuy" Knutsson urges you to use Apple’s App Privacy Report to see what your apps are really up to.
    Tech expert Kurt “CyberGuy" Knutsson talks about how to smoothly transfer your data from an old laptop to a new one using cloud storage or external drives.
    Kurt the CyberGuy offers tips to safeguard your personal information as scammers become more sophisticated with scam texts and other methods.
    WeRide's unmanned electric delivery van, the Robovan W5, has 194 cubic feet of cargo space and can carry payloads up to about 2,205 pounds
    Kurt the CyberGuy recommends deleting 16 browser extensions immediately in response to a report saying more than 3.2 million web users were affected by a security breach.
    Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.
    A robotics firm in China claims a robot has performed the world's first humanoid robot front flip, which is significantly more difficult than a backflip.
    A digital ID may be even more secure than a physical ID. Storing your driver's license in your Apple Wallet is an ideal solution for commuters.
    A cybersecurity firm has shed some light on just how common tax scams have become. Kurt the CyberGuy offers his advice for how to protect your refund.
    Lifesize Plans offers immersive walk-throughs that allow customers the opportunity to tour a home's design before construction actually begins.
    Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.
    A man invested $4 million in bitcoin and lost it all with a single click when he was targeted by a vishing scam, which uses phone calls to trick people.
    Expandable's Touchdown is a designer trailer that promises a luxury off-grid living experience and unfolds into a home in about 15 minutes.
    Major employee screening company data breach affects 3.3 million people. Tech expert Kurt “CyberGuy" Knutsson explains what happened and gives five ways to protect your data.
    Kurt “CyberGuy" Knutsson reveals mind-blowing tech that gives you sunlight on demand.

    Top Ten Reasons To Create A One Page Business Plan

    There is a story, about a business owner who wasn't... Read More

    10 Critical Facts to Put On the Cover of Your Business Plan...

    In most business plans, no matter how striking the idea,... Read More

    How to Develop a Successful Board of Advisors (...and Why You Should!)

    In today's rapidly changing and highly competitive markets, many privately... Read More

    A Backup To The Internet Is Vital & Now Cost Effective

    It doesn't take a Terrorist Act, Tsunami or Earthquake to... Read More

    Planning for Success

    Business planning is widely acknowledged as one of the keys... Read More

    5 Strategies That Will Boost Your Business Productivity Today! - Part 2

    Growing your own small business can be one of the... Read More

    Art of Succession Planning

    Succession planning, like any business acumen, is both an art... Read More

    Communication Strategy During A Time Of Strategic Planning

    "Rubbish!" shouted the large, aggressive man in the red-striped shirt... Read More

    Invalid Excuses for Poor Business Results - The Economy

    Note to Rite Aid and CVS: It's not about the... Read More

    Idaho Market for Automotive Businesses; Doing it Right

    Anyone who has been watching the Idaho Market Carefully for... Read More

    Business Plan 101 How to Write a Table of Contents

    No matter what business you plan to start in your... Read More

    Hunters and Gatherers - Are You Serving Both Their Needs?

    The University of Exeter in the United Kingdom recently published... Read More

    Site Selection and Demographic Tips for Establishing Outlets

    Many cities have home pages on the Internet. Many of... Read More

    Have You Identified the Enemy?

    One of the most powerful driving forces in human nature... Read More

    Business Disaster? Wont Happen to Me

    As fast as you can say business disaster, your business... Read More

    Abstract thought on Business Strategy and Nature

    Here is an abstract thought on studying nature and the... Read More

    The Power of Planning

    I am surprised how few sales professionals, independent consultants, and... Read More

    Restaurant Startup - Part 1: Market Research ? What are Potential Competitors Doing?

    The first step in starting a restaurant is proper planning.... Read More

    How To Get More Business During The Winter Months

    Business seems to drop, slow or even stop during the... Read More

    What is Your MSP?

    For many consumers and producers, MSP is an acronym for... Read More

    Business Plan: The Simplest Business Plan Ever

    If you're a solo professional like I am, you know... Read More

    Urban Flight in Ohio

    Many of Ohio's downtown areas are in need of upgrading... Read More

    Elite Positioning Brings Higher Profits

    Imagine spending the same amount of money on marketing and... Read More

    TQM Total Quality Management, the book

    Every decade we seem to come up with a buzz-word... Read More

    Getting Started with Succession Planning: Part II

    Succession planning requires the owner of a small or medium-sized... Read More

    Downers Grove limo Chicago ..