WHAT YOU NEED TO KNOW BEFORE YOU START YOUR BUSINESS
UNLEASH THE POTENTIAL OF YOUR BUSINESS CARD
MAKE YOUR CUSTOMERS FALL IN LOVE WITH YOUR BUSINESS
A QUICK LOOK AT GETTING A SMALL BUSINESS LOAN
IS OWNING A SMALL BUSINESS RIGHT FOR YOU?
SMALL BUSINESS MISTAKES YOU HAVE TO AVOID
Even though starting a small business is truly an uphill battle, one riddled with many obstacles both big and small, it is amazing how many small business owners just jump right into trying to open a business without first doing their due diligence.
Smart entrepreneurs are the ones who take the time to educate themselves on both the risks and rewards of opening their own business.
The old saying “What you don’t know won’t hurt you!” doesn’t really apply when you are an entrepreneur. The exact opposite is true, everything that you don’t know has the potential to not only hurt you but to also hurt your chances of ever building a successful small business.
Smart entrepreneurs are the ones who take the time to educate themselves on both the risks and rewards of opening their own business.
The old saying “What you don’t know won’t hurt you!” doesn’t really apply when you are an entrepreneur. The exact opposite is true, everything that you don’t know has the potential to not only hurt you but to also hurt your chances of ever building a successful small business.
• You need to have enough money to not only open your business, but also keep your business open until it is self sufficient.
• You need to create a business plan that will be your business blueprint helping you plan how to get from point A to point B.
• You need to make sure you have the required licenses and permits for your business.
• You need to create a business plan that will be your business blueprint helping you plan how to get from point A to point B.
• You need to make sure you have the required licenses and permits for your business.
PUBLISHED: JANUARY 29, 2024
Because no two businesses or entrepreneurs are the same, it is virtually impossible to know everything before you get started, however there are a few general things that you should know.
• Your personal credit score may have an effect on your ability to get the things you need for your business such as a merchant account.
• It will be very difficult for you to secure a small business loan, unless you have all of your financial, operational, and managerial ducks in a row.
• You need to make sure that you set a realistic timeframe to open your small business.
• Be careful and pay attention to detail when dealing with inspectors, contractors, suppliers, and vendorsbecause mistakes, delays, and unforeseen problems will happen.
• Don't be taken by surprise, realize that mistakes, delays, and unforeseen problems will happen.
• You need to make sure you have a sales strategy that outlines how you plan to attract customers who are able to buy as quickly as possible.
• It will be very difficult for you to secure a small business loan, unless you have all of your financial, operational, and managerial ducks in a row.
• You need to make sure that you set a realistic timeframe to open your small business.
• Be careful and pay attention to detail when dealing with inspectors, contractors, suppliers, and vendorsbecause mistakes, delays, and unforeseen problems will happen.
• Don't be taken by surprise, realize that mistakes, delays, and unforeseen problems will happen.
• You need to make sure you have a sales strategy that outlines how you plan to attract customers who are able to buy as quickly as possible.
Smart entrepreneurs are the ones who take the time to educate themselves on both the risks and rewards of opening their own business.
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