Things to do starting a small business

Things to consider starting a small business - Always have it at the back of your mind that your business has a long way to go and there would be reason for some funding in the future which could be better aided by some financial institution, with this in mind, clearing all outstanding debt before starting your business should be prior to your business and if not done, has tendency to create room for business instability. " if you decide your business can only get to the next level with the aid of a professional investor, then you need to figure out what a potential backer looks for in a budding company, says martin babinec, who raised six rounds of funding through the business process outsourcing firm he founded, trinet, which now boasts annual revenues in excess of 0 million. " so, if you meet someone interesting or knowledgable at a networking event, or even if you get particularly impressive service somewhere, be it a museum gift shop or helpline, ask that person a bit about themselves, what kind of business they see themselves in in five years – and the best people around will stick in your mind for when you need them. If you need more information on the one-page business plan, or want to write out a full-blown finance-centered business plan, you can check out the book i co-wrote with my brother that has a robust explanation of both, small business, big vision: lessons on how to dominate your market from self-made entrepreneurs who did it right.

The top 7 things NOT to do when starting a business

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