Starting a new business requires a leap of faith in your own abilities, but fear can get in the way of that. Fear is our emotional response when we perceive a threat. It causes very real changes in our brains and other organs in the body. Responses to fear range from hiding to running away, […]
6 Things to Have Before You Start your Own Business
There’s so much to learn in the entrepreneurial world, sometimes a little too much! Different modes of information keep spraying all kinds of statistics and breakthrough marketing updates; this surge of information is way too confusing! Who do I listen to and what do I follow? If you feel that way too, then look no […]
How to Find the Perfect Business to Start
I get asked a lot by wannabe entrepreneurs: what business should I start? Often people really want to go into business, but they don’t know which direction to go. Some people want an instant formula for small business success, but the answer is: It depends. Entrepreneurship is as different as the people who run […]
How to Validate Your Business Idea
Sure, you have the passion and skills to be an entrepreneur, but is 2016 your year for starting a business? If you can genuinely see yourself taking care of the 10-14 daily tasks that come with being a business owner, then it’s time to pursue this business further. The first thing you need to do […]
How to Write a Business Plan Part IV
This is the final post in my four-part series on how to write a business plan. We have walked through Part I: How to develop a Business Model, Part II: Your Marketing Plan and Part III: Operations and Cash Flow Projections. Part IV will focus on developing your executive summary and is the last step […]
How to Write a Business Plan Part III
You have developed your business model and your marketing plan. Now, in Part III of my four-part series on how to write a business plan, it’s time to develop your operations plan, budget and sales projections. This is where you go from dreamer to business owner, folks! If your business is not designed to make money, […]
How to Write A Business Plan Part II
A business plan is your strategy for bringing your product or service to the marketplace. This is Part II of my four-part series on how to write a business plan. Last week, in Part I of my blog series on how to write a business plan, we focused on developing your business model, which is […]
How to Write a Business Plan – Part I
When it comes to writing a business plan, the first step is figuring out your business model. This post is Part I in a four-part series on how to write a business plan. Today’s focus is crafting your business model. Developing Your Business Model There are a lot of moving parts when it comes to […]
How to Get Ready for Opening Day
It all started with a concept and now you’re here, ready to open for business. You’ve made it through what some consider to be the most challenging aspects of starting your own business. You’ve gotten startup capital, obtained licenses and permits, invested in expensive business equipment, and selected your team. Opening Day is just around […]
Top Three Legal Pitfalls of Home-Based Businesses
The Internet has opened the door for a generation of home-based entrepreneurs. In the rush to put up a website and start selling to customers, many entrepreneurs forget the permits and legal filings they may need. Even the most basic home-based business will usually require some kind of registration and compliance with local regulations. You […]
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