15 STEPS TO STARTING YOUR SMALL BUSINESS

ONLINE BUSINESS, INTERNET BUSINESS, MULTI-LEVEL BUSINESS, HOMEBASED BUSINESS

15 Easy Steps to Starting Your Small Business BY EVE JACKSON — 2006

When I was first starting up my business, I searched for a good article on startup, and couldn’t find any, so I decided to write this short guide.

starting a small business, a small business startup guide

Yeah, sure it’s easy, and of course, that title is a little tongue in cheek. It takes a lot of hard work to get off the ground. But, it’s worth every hour I’ve spent getting to where I am now.

When I decided to start my communication and image consulting business, I tried hard to find a good startup guide. I couldn’t find any that had all the steps. So, I decided to write one. So far, it’s mostly just the bare-bones outline (which is long enough as it is) you see in this article.

I’ll be adding to it every week or two, and writing more detailed articles on all the steps, so try to stop by and check it out from time to time. Let me know how I’m doing. Shoot off an email to me if I’ve forgotten something or you have questions.

Before you spend so much as a dollar, talk to a few experts. Go to the library or get on the internet and research, research, research. Take a little time to make sure entrepreneurship is right for you.PASSIVE AND RESIDUAL PART TIME INCOME

Make a pro and con list of business ownership, and evaluate yourself honestly. How many characteristics do you have in common with successful entrepreneurs? Is your financial position strong enough? Do you have the necessary technical and management skills?

You’re not going to be the perfect entrepreneur. Nobody is. But in order to make yourself the best entrepreneur. you can be, consider ways to compensate for any weaknesses you might have.

I’m from Canada, so the government agencies I’ve mentioned in this guide are Canadian, but really, they can be used by anyone. All you have to do, if you’re from somewhere other than Canada, is find out where you need to find some of the things I’ll talk about.

Some of the steps might be slightly different, and you may not have to worry about things like GST for example, but I’m sure you’ll find this discussion helpful all the same.

These steps to starting a business are in reasonably good order, but you might find yourself varying from it under your particular circumstances. That really isn’t a big deal, as long as you get most of it done.

There are some steps you’ll be able to skip as well, but please don’t skip any of the “big ones”, which I’m sure you’ll pretty much figure out from taking a look at the list.

So, assuming you’ve done your evaluation and you still want to start a business, take a deep breath, and let’s get started.

1. Conduct a feasibility study of your business. Describe your typical customer, your product, and your competitors. Who will your suppliers be? What will you charge for your product? How will you market your product? These are just a few of the questions you need to answer.

2. Write a complete business plan for your company, using the information you gathered from your feasibility study. This vitally important often overlooked step needs to include a description of your company, its goals, competitors, market, financial information, and of course, how you intend to meet your goals.

3. Get your financing in place. There are many ways to finance your business, from your own savings to personal credit cards to bank loans. If you need credit, know your business plan from front to back and maybe even sideways.

4. Decide what kind of structure your company will have. From a legal standpoint, there are three basic choices, sole proprietorship, partnership, and incorporation, each with advantages and disadvantages.

5. Choose a name for your company and check on name availability. Naming your company is highly individual, but it’s the first thing associated with your business, so choose your name carefully.

You’ll need to do a NUANS (Newly Upgraded Automated Name Search) report, which checks your name choices for uniqueness against a database of other business names. A reserved name is valid for 90 days.

6. Decide whether you want to register federally or provincially and register your company. If you register federally, you’ll also have to register provincially, which almost doubles the cost. You don’t have to have a lawyer process them for you, but it might be a good idea to at least consult with one.

You can get the forms from your local government officials, have them faxed to you or download them. You can fax or email printed copies, or complete the forms online

7. Contact Canada Revenue Agency Business Window for your business number, and to register for GST/HST, payroll, corporate income tax, and import/export (if applicable).

You can also contact the CRA if you need general information about business expenses. Chances are you’ll have to collect GST, but you may want to register for a GST number even if you don’t have to collect it because of input tax credits.

8. Decide whether you need to collect PST. If you do, you need to submit “Registration as a Vendor” documents with your province.

9. Determine whether there are special permits or licenses in your municipality. It’s highly unlikely that your municipality does not have special permits or licenses.

10. Develop the marketing materials you decided on in your business plan. They should include at least a company identity package, press kit, and website. Your identity package is your logo, business card, and letterhead. A press kit can include letters of introduction, biography sheets, press releases, articles, and a brochure. In today’s electronic age, printed materials aren’t enough. You need a website that looks professional, matches your printed material, and has a great copy. You’ll also want to make sure it’s optimized for search engines.

11. Set up your business bank account and record-keeping system. Your banker will need to see your incorporation documents, and you should probably set up more than one account so you can keep track of your finances better. Record-keeping is required, and can be done manually or with a computer program.

12. Purchase insurance. There are many different types of insurance, but most probably your company will need at least one. For example, if you’re going to have employees, you need to contact the Worker’s Compensation Board.
Depending on your type of business, you might want to contact them even if you don’t have employees to insure yourself.

13. Contact potential creditors and set up credit terms. You should have researched suppliers when you were doing your feasibility study. Now is the time to contact them.

14. Decide where your business will be located. Lease your business space. Alternatively, you could choose to start your business from home if it’s feasible. There are advantages and disadvantages to starting your business from home. You have tax write-offs for example, but sometimes your image suffers.

15. Purchase supplies and office equipment. You’ll need too many things to list here, and of course, each business has different needs. You might need a fax machine and printer. You’ll probably need a computer. You’ll definitely need paper, pens, pencils and a calculator.

Congratulations! Go out, buy yourself a bottle of champagne and celebrate. You’re about to embark on a most exciting journey. And may I be the first to wish you good luck and prosperous times in your business venture
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As promised, here’s my email address so you can ask questions, make comments or add steps to my list. Or, if you want, you could just drop me a line to let me know how your small business is doing. I’d really like to know.

Copyright© 2006 Eve Jackson

GENERATION MILLINEALS — STARTING A BUSINESS — ARE YOU SERIOUS ABOUT CUSTOMER SERVICE

Are you Serious about Customer Service

Is your online company really serious about Internet customer service? When it comes

down to it, excellent customer service is pretty much the only way you will convert

visitors to customers.

Customer Service, Business, Live Chat

Is your online company really serious about Internet customer service? When it comes

down to it, excellent customer service is pretty much the only way you will convert

visitors to customers.

You can also increase your ROI and improve online sales with excellent customer service.

If you are truly serious about offering quality customer service, your best option

would be customer service software.< With customer service software you can reduce

customer service costs and increase your conversion rate at the same time.

All the while, you will be making your customers happier, which will lead to more sales

and an increase in ROI.BUILDING WEALTH — NOT DEBT — INVESTING FOR THE FUTURE

Customer service software helps small businesses and large businesses alike
by offering customer service messenger, support messenger and support messenger.

These offer 24/7 customer service to customers and potential customers. They can

also allow you track customers online and track consumer behavior online as well.

.

Customer service software can offer live chat help and/ore animated avatar help,

animated avatar service, animated avatar support and animated avatar guide.

Many people prefer the avatar because it makes them feel more like they are talking

to an actual person. Serious quality customer service means a serious customer service

solution. Consider customer service software for your online business if you would

like to convert visitors to buyers and improve your ROI.2nd 8% OFF?3rd 20% OFF?5th 60% OFF

YES – – YOU CAN START A HOMEBASED BUSINESS NOW

“ What If ? ”
Why go into internet marketing????

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What if, What if, What if. This question comes at us every day. What if I said this, What if I did that or what if I didn’t. It comes down to decisions. We all have decisions to make every day of our lives.

We all make good and bad decisions. That’s life. When you look back on your life you can think of some really great decisions that you made, decisions that have altered the course of your life. You can also remember some really bad ones that have affected you in a negative way.

Life is never static, it’s always changing and opportunities come and go. Doors open and we have to decide whether to step through and seize the opportunity or not. UNEMPLOYED — START EARNING FROM HOME

When you are standing in front of that open door of opportunity the question arises “What if?” do I or don’t I. We need to make a decision. How do we make decisions? This depends on our background, education, life experiences and sometimes advice from others.

We don’t know each other, but I would like to give you some advice. Suppose I said that I knew something that could change your life forever for the better. Would you be interested?

Suppose I said I knew someone that was showing other people how to acquire something like real estate for free. Suppose you could also learn how to build on your “land” something like a five star hotel.

You would also learn how to market your “hotel” and collect rent from guests that pay to stay. Would you be interested?

What am I talking about? It’s called virtual real estate. Your own space on the World Wide Web or Internet if you prefer. If you own a space there it can turn out to be very valuable property.

The most expensive house in the world is a 12 bedroom mansion in London England for which an Indian steel tycoon paid $128 million.

The most valuable web page in history, to date, will probably be thesixmilliondollarpage by Alejandro Saavedra and Robert Kanaat. Now here’s the difference. The tycoon paid $128 million for the house.

How much did these two guys pay for the page. Next to nothing. Maybe a couple hundred bucks at the most depending on how they went about it.

I am going to open a door for you that could literally change your life. The only cost is your time and effort. Now you must decide! Ask yourself the following question:-

“What if” I click on this link:

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GENERATION XYZ–WHAT IF — WHAT IF

“ What If ? ”

Why go into internet marketing?

internet marketing, home business, online business, make money online.

What if, What if, What if. This question comes at us every day. What if I said this, What if I did that or what if I didn’t.

It comes down to decisions. We all have decisions to make every day of our lives. We all make good and bad decisions. That’s life. When you look back on your life you can think of some really great decisions that you made, decisions that have altered the course of your life.

You can also remember some really bad ones that have affected you in a negative way.

Life is never static, it’s always changing and opportunities come and go. Doors open and we have to decide whether to step through and seize the opportunity or not.

When you are standing in front of that open door of opportunity the question arises “What if?” do I or don’t I. We need to make a decision. How do we make decisions? This depends on our background, education, life experiences, and sometimes advice from others.

We don’t know each other, but I would like to give you some advice. Suppose I said that I knew something that could change your life forever for the better. Would you be interested?

Suppose I said I knew someone that was showing other people how to acquire something like real estate for free. Suppose you could also learn how to build on your “land” something like a five-star hotel.

You would also learn how to market your “hotel” and collect rent from guests that pay to stay. Would you be interested?

What am I talking about? It’s called virtual real estate. Your own space on the World Wide Web or Internet if you prefer. If you own space there it can turn out to be very valuable property.

The most expensive house in the world is a 12 bedroom mansion in London England for which an Indian steel tycoon paid $128 million.

The most valuable web page in history, to date, will probably be the six million dollar page by Alejandro Saavedra and Robert Kanat. Now here’s the difference. The tycoon paid $128 million for the house.

How much did these two guys pay for the page? Next to nothing. Maybe a couple of hundred bucks at the most depending on how they went about it.

I am going to open a door for you that could literally change your life. The only cost is your time and effort. Now you must decide! Ask yourself the following question:-

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5 REASONS YOU NEED A WORK AT HOME SCHEDULE

5 Reasons Why You Need A Work-At-Home Schedule

After studying my time and chatting with some other work-at-home folks, I discovered five reasons to embrace the schedule

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One of the attractions of working at home is the vision of freedom it invokes — no time clock, no timesheets, and no one to account for how you spend your time.

Yes, it is an attractive proposition, but like so many attractive propositions there is a heavy downside — you are likely wasting a lot of time.

My husband spends time every day filling out these large spreadsheets to account for his day. He works for a large engineering company and his day often encompasses work on a variety of projects for different clients.

He loathes the activity and I have always dismissed it as a waste of time — that is until my home business recently took off and I realized there simply wasn’t enough hours in the day to accomplish all my goals. Continue reading “5 REASONS YOU NEED A WORK AT HOME SCHEDULE”