Over 80% of all people want to do it. Few, however, know how to start a small business. It is both easier, and harder, than you would have guessed, and far more rewarding than you could have imagined.
"Nothing Happens Until Something Happens"
That "something", in terms of starting a small business, is The
Idea. The Goal. The Reason.
Why are you going into business?
"Making money" isn't a good enough reason. In truth, most people
make more money working for others, especially if they have sales or
technical skills.
Far more important than money are other motivators, such as
These are not necessarily reasons you tell the banker. They are reasons for You. Know why you are doing it, and the goal becomes much clearer.
Few of us will find the new non-fossil fuel. But many of us can make a better community, both for ourselves and for our neighbors. And that's how to start a small business.
First, tie down what it is that you want from your new business. Then set out a plan to make it happen.
When looking at how to start a small business, consider some of the preliminary questions, such as:
There are no "perfect businesses." There is only the business that is right for you. Take some time to make sure you have chosen the right one. You will be devoting more time and energy to this business than you can possibly imagine, so make sure you are comfortable in how to start a small business.
Not all business plans are intended to raise funding. Some are less structured, and are intended only to help the owner clarify her own goals. Let's look at the less-structured type right now.
First, look at the funding. How much money will it take to start up? Getting funding for a startup business isn't easy, so take a good look at the financial end.
Draw out a timeline for starting the business. What needs to be done before the business is open? What is the time frame for completing these tasks?
What formalities are needed? How about a business license? Incorporation? Resale certificate?
Take a good look at your client base. This is your bread and butter. No clients, no business.
Five years is a long time in most businesses. Even large companies have a hard time projecting that far into the future with any accuracy. Rather, look upon it as your five year milestones. What revenue level do you plan on reaching at any given quarter? What new products will be in the pipeline? How will the business grow over time? At what points will you need to look for outside business funding?
Expect to change it many times before the five years is over.
That's fine. In fact, that's good. Having the ability to bend with
the economy is a strong asset for any entrepreneur.
Getting a
handle on how to start a small business is a genuine challenge. Read
through this website, and many others, before making your final
choice. Come back often for more information.
Back to top of How to Start A Small Business
|
TOP ARTICLES Starting A Small Business - Start Up Right Now Starting A Consulting Business Start A Party Planning Business Start A Retail Clothing Business
|
MORE POPULAR ARTICLES Best Internet Business To Start |
|
|
![]() Lon Levine, Startup Business Specialist |
|
|
|
![]()


We have always held to the hope, the belief, the
conviction, that there is a better life, a better world, beyond the
horizon.
FRANKLIN D. ROOSEVELT, U.S. President

Start Up Right Now.
Be one of the
thousands who starts a successful new business this year.
From one person businesses to multi office chains -- take your
pick!

Start Up Wholesale Business.
From neckties
to garden equipment to jewelry to cuckoo clocks. Pick your
product and make your business grow.

Start Up Retail Business.
This may be the perfect time to
start your shop IF you know what to look for.

Start Up an Elder Day Care Center.
The need is bursting,
and will grow ever stronger. Make your mark in a field
that needs you.

