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.
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’HareMost companies that are worthy of raising venture capital have... Read More
There's nothing automatic about corporate growth, particularly in the information... Read More
I am not a big fisherman, but I do enjoy... Read More
It's easy to lose sight of what needs to be... Read More
GETTING STARTED WITH SUCCESSION PLANNING: PART IA survey of 4,300... Read More
Much of what we heard in the mass media about... Read More
"Bozo" ? A clown with a forlorn look, always finding... Read More
Want to become more strategic? Add these traits to your... Read More
ACTION PLANNING: Action Planning is a process to develop strategies... Read More
No matter what business you plan to start in your... Read More
If ever there were an industry where we want zero... Read More
Writing a business plan for a franchised outlet of a... Read More
Many business start-up kits or consultants will tell you one... Read More
A significant advantage of some business ideas is that the... Read More
Every new business owner knows that a business plan is... Read More
After 128 years of business, a household word, Montgomery Wards,... Read More
A focus group is a group of employees or current... Read More
More than $117 billion passed hands from Internet shoppers to... Read More
Every business experiences slower periods. For some, they sell more... Read More
With a heightened awareness of opportunity, ideas can often be... Read More
From time to time there seems to be a flurry... Read More
As fast as you can say business disaster, your business... Read More
Ask Yourself three simple questions that affect your strategy planning...... Read More
Franchised companies often require what some believe to be excessive... Read More
A business plan precisely defines your business, identifies your goals,... Read More
Downers Grove limo Chicago ..For many consumers and producers, MSP is an acronym for... Read More
The time when a website was just a simple set... Read More
Last week we talked about a few of the ways... Read More
Most companies that are worthy of raising venture capital have... Read More
David E. Gumpert, author of Burn Your Business Plan, often... Read More
ACTION PLANNING: Action Planning is a process to develop strategies... Read More
Is there really anything as a problem? Does chaos or... Read More
The foundation of any business transaction is the promise of... Read More
Private equity firms have raised so much capital over the... Read More
Do you work in or own a business that's affected... Read More
Many business start-up kits or consultants will tell you one... Read More
You might be thinking to yourself, "Why should I waste... Read More
Succession planning, like any business acumen, is both an art... Read More
Writing a business plan is no easy task, sure you... Read More
Business planning is widely acknowledged as one of the keys... Read More
Ask Yourself three simple questions that affect your strategy planning...... Read More
As fast as you can say business disaster, your business... Read More
Writing a Business Plan these days is tough, venture capitalists... Read More
Imagine an office without a desk, or lights, a computer,... Read More
I am surprised how few sales professionals, independent consultants, and... Read More
Remember reading "Alice in Wonderland?"She asks the Cheshire Cat, "which... Read More
Is there a 'magical' way to exponentially grow your business?It's... Read More
It doesn't take a Terrorist Act, Tsunami or Earthquake to... Read More
Businesses tend to avoid doing their annual business plan thinking... Read More
Many of us are discouraged by the networking events that... Read More
Strategic Planning |