Fearlessly How to start your first business

13.45
Fearlessly How to start your first business -

I still remember the night before my first open business . I layed there in my bed anxious, afraid, I How to Fearlessly Start Your First Business   did not know what to expect. Was I going to be a total failure? Or is my new small business will take off like a rocket into the unknown - the fight against gravity land for a short time until it is clear for a smooth trip in weightlessness? The truth is, I did not know.

When I woke up the next morning, I sat in bed, looked out the window to find a sunny day, summer, and I said "I do not care what is happening today. I will succeed. "And you know what? I did.

I put up a block from the spirit of everyone who told me that I had to fail and I ' I decided this morning that nothing could literally stand in my way. so I'm here to get you excited. to you ready to start your first small business. And you know what? you'll love every minute! Let's dive in full

Step 1 :. Do your research

This is where you really get to have fun. Why? Think do research like when you go to Costco - you get to sample these tasty foods and see what you like best So get out there and start to "sample" different companies

[

in other words, you should already have an idea for a business with a product or service, all you have to do now is to find out what other successful companies do. Once you have "sampled" all of them, it's time to find a better way to do what they do. Take good notes, and write whatever comes to mind, because it will help you write your business plan

See also :. 7 Questions you need to answer before you start a business

Step 2: The business plan

Think of Christopher Columbus. Do you think he replenished his ship, has received funding from the monarch and rounded up a crew without some sort of plan? No, he definitely had a plan. Well, he went to find a route to the west, to Asia by sea and found the Americas, the important thing is that it started with a plan.

Likewise, consider your business plan your card to a new world - and if you are in a different place than you expected, it's okay, as long as it is successful. Make sure your business plan through scenarios of finance, human resources, unexpected obstacles, federal compliance, etc. Your business plan should be between 20 to 50 pages

Tip .: You can easily find business plan templates online, Microsoft Word, or take an inexpensive class to write a top level

Step 3 :. Choose a location

You know what they say, "location, location, location!" law? In fact, these days, location is not everything. It is a combination of location and your ability to find through social media and the web. However, if you are not so fond of social media and the Internet in general, the location is your chance. But remember, I do not recommend this as the world waits to find you online, rather than driving down the street.

Knowing this, choose a location that is perfect for what you 're going to do. There is no need to find a building or a space that is above. Just find something to go with what you do - something you can not become the first years

Tip :. Find more than one location in the optional case of a location falls through

Step 4 :. Fundraising and financing

You have a plan, location, and determination, and after? The part you may not feel so comfortable with - but that's what I'm here. You're going to get out of your comfort zone and do some things. First, come up with a killer presentation of your company, and secondly, to ask for money.

So, get your excited, energetic, outgoing personality on and set up some appointments to present to potential investors for your new small business. You can start with the family and then work your way up to the largest enterprises. Anyway, increasing as much as possible before you go to a financial institution for a loan.

Once you have the money collected, you can go to a local bank or credit union for a small business loan. Having a good amount to put down on the loan will work in your favor and they will be more likely to give you the money and take the "risk" on you.

Step 5: Sign up and get the license

I can not stress the importance of this step. Your state and local government of the city will be different you much more monitoring regulations - get to know them very well. Start by registering your business name with the state and what type of business you are going to be (ie LLC, DBA, etc.), then go to your office in the city and discover what other regulations you must follow in order to comply. Different types of businesses require different licenses, so make sure you have done your research here because you do not want to be caught without a major license.

It is also important to get your EIN (Employee Identification Number) or tax identification number from the IRS and your state revenue agency. You will need this number in order to tax and can not open without it. If you do not open it, you get a nasty letter in the mail - you do not want. Also, do not forget to include workers compensation, unemployment and disability insurance

Step 6 :. Decide benefits

Before renting your team, see the health benefits options (eg insurance Health repayment plan or health group) and decide what you want to offer. Why? If you offer amazing health benefits, you can recruit the best employees and keep them around for a long time. Provide affordable health benefits that save money for you and your employees.

Step 7: Hiring

You have gone through the thickness of starting your business and now it's time for the exciting part, hiring your first employee . But remember, while hiring is absolutely exciting and fun, you need to follow certain legal steps that you incur.

In order to hire, you will need to decide now what kind of employees you want. Are you going to take someone who applies, or do you find employees yourself? Whatever the case, remember these are going to be your team, your blood. The success of your small business will fall on the employees you hire: for one, two or five employees, it does not matter. Choose wisely, but have fun with it

Step 8 :. Marketing

You know how we talked about the location and how it is not everything? This is where your marketing comes in

So if you really to succeed, remember this :. Marketing is your number one tool for finding new customers and for them to find you. Do not forget it, okay?

Now that I have that cleared up and we see eye to eye on it, I want to talk about some ways that you can successfully market your new small business. They are:

  1. Blogging - Blogging is a great tool for you. If you still write one or two posts a week that address the concerns of your customers and provide solutions with them how and why your company is showing the solution, you will see many new customers find you. Never underestimate the power of blogs

  2. Social Media -. You have to admit, social media has not only been on the rise over the past five years he has completely taken alone in the world as we know it. What this means for you and your new small business? Jump on the bandwagon. Use social media often advertise, promote and follow your beloved customers

Step 9 :. Fight 'til the Bitter End

Listen, I'll be frank with you. Eight out of ten businesses fail. But I am here to tell you that if you follow these steps religiously, and not to take for an answer, you will not be among the 80 percent who fail.

Think of it this way, some of the biggest companies out there started exactly where you are right now. They looked up how to start a business, and they did. The difference between a small business that fails and who succeeds is the determination of the owner. If you are determined, humble, and care deeply about what you do, there's no reason why you fail.

You will have days you are not sure what to do, but what matters is that you touch and never give up. That, my friend, is the secret of your success.

Use it. Live. Remember it.

Conclusion

I want you to remember the tips in this article. I want you to envision your success and accomplish. The only thing holding you back from starting a small business is you. If you follow these nine steps, your success is ready for the taking.

What questions did you start your first business? Comment below, I'd love to answer any questions you may have.

7 Life Hacks to Empower Your Small Business
Previous
Next Post »
0 Komentar