steps to start a small business | having your own business

You need to set up your business in an area that is most profitable for your business or most convenient to your business. A location in the right city can be selected for a shop or an office is most known for the type of product or service you are dealing with. Check with your Secretary of State or Department of State official website. In Oklahoma the name of the company shall contain either the words “limited liability company” or “limited company”, or the abbreviations LLC, LC, L.L.C., or L.C. The word “limited” may be abbreviated as Ltd., and the cord company may be abbreviated as Co. (OK Title 18, Section 2008). When my Rolex needed repair, I was determined to save some money so I went to an independent repair service. I visited his shop in Ft. Lauderdale and it was a relatively large operation with half a dozen technicians or so serving not just the local community, but shipping watches back and forth all over. Then there is my father’s grandfather clock which I just arranged to have shipped to me. Just to have it shipped, I needed an expert clock service to take it apart, and then on the receiving end I needed another expert service to put it back together. You get the point…there’s lots of demand here! American Online Jobs is seeking individuals with experience as: Data entry clerks, data entry, telemarketing, customer service, sales, clerical, secretary, administrative assistant, warehouse, inventory, receptionist, call center, part-time, or retail fiel… Set up a dedicated phone line and internet service. Almost all businesses will require contact with customers over the phone. In order to ensure that your line will be free when customers call, you’ll have to get a dedicated phone line for business use. You should also sign up for voicemail rather than using an answering machine. This sounds more professional to customers.[7] You should also add an internet connection that is fast enough for your business purposes while still remaining affordable. Take Action: The first step is finding the right platform, which we highly recommend checking out Wix or Weebly. Both walk you through the process of building a professional website and are very easy to use. No need for you to have any previous website building experience. In his days as a commercial banker, my father financed a number of health clubs, and they all complained about the same issue: it was relatively easy to sign up new members but hard to retain them, as customers tired of exercising after just a few sessions. This is a business that you can make millions at with even a single location, but it is also a business that is riskier than it may first appear. I would suggest starting with a very small location, perhaps even a members-only key-card accessible location with no employees on site, and learn the ins and outs of the business before getting too carried away. And of course, there is all kind of potential for specialization in this field. This article was shared on the Serious Small Business group on LinkedIn by one of our members. The LinkedIn group is sponsored by Serious Small Business Magazine and is a perfect fit to a current topic the group is exploring. I think providing eBay selling and shipping services is a great, high-demand service business. This is a very different business than what I would call eBay trading where you buy and sell products on eBay. A trading business can have high potential but it also has higher risks and may take longer to make money at. With all my experience in book publishing I am not going to tell you that this is an easy business, especially with the domination of players like Amazon. But if you pick a defensible niche, keep your overhead low, you could develop a decent business. The holidays do bring cheer, but when winter comes, so does the snow. Thick, traffic-hindering piles of it. Snow can be fun for a while but somebody has to get rid of it for our lifestyles to continue onward. Make extra money with this side business idea from home by offering snow and ice removal services. You should check with a professional to be sure, but I’ve read that you can file for an LLC in any state (regardless of where you live). Therefore, it would be excessive to file in more than one state. Rather than replacing sofas and chairs, many people prefer to save money and just replace the fabric, often changing colors in the process. This is a great service business—you can’t be underpriced by Amazon. Furthermore, not only will your customers come to you for more business at some point, but you bet that next time they are entertaining in their living room that your new fabric covering work will come up in the conversation! Eventually you may want to consider offering complete re-upholstering services. Car flipping can be a fun way to turn your love for cars into a quick side business idea if you have the capital and a stomach for the inherent risk. Buying and selling cars is similar to other “buy low, sell high” business models, but the profit potential per hour invested can be very high. According to Jeremy Fisher at 3HourFlip.com, the trick is to learn how to make car deals come to you, so you can minimize your time invested and maximize your profit on each flip with this side business idea. Be willing to evolve. Being prepared for change is a fundamental way to save time and money and prevent a massive marketing failure. Don’t be scared to try a new angle if you find, over time, that your original strategy isn’t working. That said, dropshipping is a low-investment way to test product-market fit and launch a business before you invest in your own original products. Just be sure to always order a sample for yourself to make sure that your supplier is reliable and that the quality of the products is fit for selling to your customers. Or you could focus more on building up your own social media accounts and eventually build your business as a social media influencer who earns an income from posting about various brands and promotions. Corporations, limited liability companies, and limited partnerships in Georgia are formed by filing with the Corporations Division of the Office of the Secretary of State. Get the necessary forms, file online, find out about filing fees, and search businesses. Regardless of the business idea you choose for your small town, proper planning is essential to the success of the business. And since owning a small business is both a major lifestyle and time commitment, make sure your choice is one you see bringing you both profit and joy for the foreseeable future. https://youtu.be/Gj3sZxv_NBY This is a take-off on the catering business that makes it clear that you aren’t going to provide the dishes or the food. You just do the cooking. Furthermore, don’t bite off more than you can chew! People expect the chef to prepare a great meal, so don’t take on a menu that you’re not totally comfortable with! By starting small, you ensure that you can survive the inevitable hiccups associated with running a small business. Those entrepreneurs who begin with modest operations can recover and learn from their mistakes without taking on a lot of debt. Starting small will help your small business grow into a successful enterprise. “Many of us want to start our own businesses. Public space is filled with reports of new ventures. But the reporting on entrepreneurship is heavily skewed in one particular direction: towards people who have started new kinds of businesses, pioneers who have pushed the boundaries of commerce by creating a wholly original offering, usually through the help of an innovative piece of technology…” If you buy a franchise, they may come with back-office support to help you run your business, including with money transactions. If you’re running the business on your own, you could use a service like Paypal to conduct any transactions. When it comes time to officially form your business, we highly recommend seeking professional help. Using an online filing service is an inexpensive alternative to consulting with a lawyer, and many of them offer other necessary services at low rates when you form your business with them. As a web developer, you’ll build incredibly valuable skills that are in extremely high demand. You can get up to speed on building websites in as little as a few months with inexpensive or free online education programs like Treehouse, the Web Developer Bootcamp on Udemy and Codecademy. Virtual assistants can offer a variety of different online services to businesses and professionals, including email organization and communication, social media scheduling and bookkeeping. So you can start a virtual assistant business even if your experience in those areas comes from working for other companies. There are all kinds of directions this business can go! You could sell hats to retailers, you could sell them online, you could sell them to event planners to liven up their parties. You could eventually even open a hats-only store! Packaging your skills and knowledge into a downloadable eBook that delivers value to those seeking to learn a skill, advance in their careers, or start their own businesses, makes for a strong value proposition if you target the right audience. Check out Leslie Samuel’s great guide to selling eBooks online and start building your strategy around this side  business idea. This class with Tara Gentile on CreativeLive will also show you how to use your existing body of work to write an eBook within the next week. Put in some serious work with your eBook, build an audience and you’ll have a platform to pitch traditional publishers on landing a book deal—then you can write one of the best business books and really build your personal brand. #20 – InstaEdu is an online company hiring work at home tutors to teach online students different school topics. Payment is usually $20 per hour made using PayPal. Teaching sessions take place through Skype, text message, video chats or even whiteboards. Spending a leisurely afternoon in a swimming pool can be a lot of fun. But cleaning it can be a pain in the neck. Hence, most pool owners hire people to do the cleaning for them. If you need extra cash and don’t mind getting physical, then pool cleaning is a viable side business idea for you. NerdWallet has rounded up some of our best information on starting a business, including structuring and naming your company, creating a solid plan and much more. We’ll help you do your homework and get started on the right foot. Ten months after going independent, I hired my first full-time employee. Two months later, I hired my second. Today, three and a half years after taking the plunge, I lead a team of 10 with plans for further expansion. It’s amazing to think that five years ago I couldn’t even land an interview with a Philadelphia PR agency–now I own one. And it all started with an unexpected LinkedIn message. Everyone wants videos for their website, and corporations and non-profits are willing to pay good money for high quality service. This is a local business because you need to be onsite with your camera. Employed techies planning to earn some extra side income can leverage their software and hardware skills by offering home-based computer repair services as a business idea that engages their passion. If this rings a bell, you can start with a modest one-man tech team before envisioning a scaled-up operation as massive as Geek Squad. Remember, you can provide home service locally as a starting point to this business idea, as well as offer remote support through online messaging and video calling services before making your way into a retail setting. One of the primary amenities that small towns tend to lack is decent shopping. And we don’t just mean a large shopping mall. Often, those living in smaller towns and communities have to drive significant mileage just for basic clothing necessities. That’s why starting a clothing boutique will not only put you on the map but will make you a popular destination for most residents in the vicinity. You’ll pretty much be the mall substitute for all things teen-related. Just make sure to stay up-to-date on the latest trends. But they’ll let you know if you don’t! Understand your audience. Who are you selling to? Where are they? What qualities do they find appealing/off-putting? The answers to these questions should influence both your marketing content and the platforms you’re advertising on. Even the most brilliant campaign can flop if it’s broadcast in the wrong places. While, it’s nice to do business with a handshake, there’s no substitute for a well-written contract. Indeed, many contracts are not valid unless they are in written form. The exact number of this type of contract varies between states, but here are a few common examples: If you’re a fitness buff and have the right combination of charisma and business sense, working as a part-time personal trainer as a side business idea can be both physically and financially rewarding. Once you build up a reputation and client base for yourself, it could easily turn into a full-time endeavor for you. Check out these tips to a successful personal training business by the American Fitness Professionals and this interview with several fitness blog owners who are making a living online, from MonetizePros. Finally, I’d recommend checking out this resource if you want to take this business idea seriously and get started with a business plan for your personal fitness trainer business today. These companies will do the rest of the digging for you (federal, state and local) and send you all the necessary applications in a tidy bundle, along with helpful instructions on how to fill them out. #18 – LeapForce hires independent contractors to assess search engines with a weekly pay of $13-$16 per hour. Posts are only open to those living in the United States, Canada, Norway, Brazil, Denmark, and Norway. You are required to pass a two-part evaluation exam before becoming Leap Force contractor. Investment: Opening a brewery can mean high startup costs, depending on the size of your operation. The costs include brewing equipment, construction on a building to get it fit for your brewery, permits, licenses and insurance. With this business, you could focus on providing PC training to employees at smaller to mid-sized companies that are too small to have their own IT departments. Or you could offer classes to individuals.Visit paydaynow.net if you need money urgently .

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