"Business school can teach you accounting, finance, economics or even business law, but not how to start a small business. I realized it more after reading this book. There are just so many steps one has to take before he or she opens up a small business none of which are taught in a school. Unless you have a mentor who knows all the steps, you will need a guide like this as your go-to reference guide." - J. Jack From Idea to Launch
How to Write an Effective Business Plan Step By Step
An accountant can tell you when you structure a business, how to file for your EIN with the IRS, or how to set up your single member LLC to S crop so you are not getting double taxation while enjoying the protection of a corporation.
An attorney can guide you on how to properly draft the LLC operating agreement or articles of incorporation; they can also help you draw up partnership agreements where you have legal protections against all kinds of fraud and theft.
But only a veteran business owner can show you when starting a business what you should do and what you should not. What to do first and what not do first.
Only a business owner who has opened, closed or sold over a dozen businesses in the last 24 years. You can call me a serial entrepreneur. But no I am not in the habit of starting a business and then closing its doors and moving on to the next shiny thing. No, I opened many locations of the similar type of businesses for the most part. But I also did venture into a few different ones like wholesale, exporting, dropshipping and once I even started a service related business, but mostly I have always been in retail business.
In my quarter century experience, I have made more mistakes than I want to admit, but looking back, I believe that each and every one of those mistakes made me a better person in business and in my personal life. I call it the personal growth learning curve. We all have to climb over that curve at one point in our life.
Only a business owner can tell you what insurance to buy and what not to buy, what and how to apply for your licenses, how to negotiate with your vendors and suppliers, how to promote your business, how to hire, train and fire employees, how to catch a thief, how to secure your business, how to spot a fraud. Do you think your accountant or attorney can offer advice on all that? Think again!
In this Starting Your Own Successful Small Business book I show you a simple and easy to follow step by step process of starting your very first business from idea to launch in a very short period of time. I show you how to come up with a viable business idea, how to evaluate your idea to see if it would fly or not.
Next, I show you how to bring the idea into reality in a very detail step by step process. I also show you how to craft a Business Plan that actually helps you through the whole startup process.
Next, I Teach you:
- Identify Target Market
- Market Analysis & Research
- Evaluate the Market
- Marketing & Sales Plan
- Innovative Pricing Strategy
- How to use Internet & Social Media
- Risk Analysis
- Exit Strategy
- Team Building
- How to Choose and File the Right Legal Entity for your Business
- What Forms to File
- How to Open a Commercial Bank Account
- Financial Reporting
- How to Find Money for your Startup
- Insurance & Taxes
- Copyright, Trademark, and Patent
- How to Brand Your Business
- Home-based vs. Brick & Mortar Business Startup
- A few Innovative New Business Ideas You Should Explore
And Much More...
Author: Thomas Winfield Language: EnglishBinding: PaperbackPages: 178Publisher: Independently publishedPublication Date: 2019-02-16