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    shelly30's Avatar
    shelly30 Posts: 1, Reputation: 1
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    #1

    Sep 26, 2008, 02:20 PM
    What do I need to do to start my own business?
    I've been interested in opening my own business for some time, and, was wondering what steps I have to take to start the process?
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
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    #2

    Sep 26, 2008, 02:31 PM
    Quote Originally Posted by shelly30 View Post
    I've been interested in opening my own buisness for some time, and, was wondering what steps i have to take to start the process?

    What type of business?

    I would say you need a business plan first - what do you want to accomplish, what are your goals - followed by a financial plan.

    If it's a targeted business - which I own and operate - you have to take a close look at the economy in your area, the need for your business/services, the competitors, how you are going to advertise/publicize, what makes your business, experience, talent, unique.

    I sell my services and have a lot of business because I am a female in a male-dominated business.
    Clough's Avatar
    Clough Posts: 26,677, Reputation: 1649
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    #3

    Sep 26, 2008, 08:57 PM
    Yes, it would help to know what type of business it is that you would want to start. Depending on what it is, there is the possibility that there might be someone who is a member of this site who might be in the same kind of business.

    As has already been mentioned, having a business plan is a must.

    I have a number of small businesses that I run. They are all service oriented.
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