Writing a Business Plan (to Start)

  • Posted by Ashley Panter
  • On August 21, 2015
Why do I need a business plan? A well-written business plan improves your probability of success by helping you evaluate the feasibility of your business idea in an objective way. The plan is much like a road map for your business and helps you identify opportunities, avoid mistakes, and develop production, administrative and marketing plans, […]
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Marketing (to Start)

  • Posted by Ashley Panter
  • On August 21, 2015
How do I find and attract customers? The first step is to have a clear understanding of your customers’ market segments (customers fitting into smaller subgroups broken down various ways, for example: by geography, age, behaviors or lifestyle). Knowing your customers’ market segments helps you determine the most effective way (newspaper ads, direct mail, radio, […]
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Legal Issues (To Start)

  • Posted by Ashley Panter
  • On August 21, 2015
What legal entity should my business be? There are a multitude of choices for your business entity but the most common are: sole proprietorship, partnership, C Corporation, S Corporation or Limited Liability Company(LLC). Choosing the legal structure for your business usually is a function of liability and tax considerations. Also, as businesses mature, their legal […]
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Finding Money (To Start)

  • Posted by Ashley Panter
  • On August 21, 2015
How do I know how much money I need? Monetary needs are generally determined by adding the amount of money needed for upfront costs such as buildings, equipment, inventory, etc. to the expected operating expenses for a period of time, such as six months or a year. These operating expenses should cover the owner’s salary […]
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Starting Your Business

  • Posted by Marketing Intern
  • On January 16, 2015
Finding Money How do I know how much money I need? Monetary needs are generally determined by adding the amount of money needed for upfront costs such as buildings, equipment, inventory, etc. to the expected operating expenses for a period of time, such as six months or a year. These operating expenses should cover the […]
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