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How do I go about starting a small business?

Updated: 11/10/2020
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Wiki User

10y ago

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There are a lot of important questions that need to be answered when thinking about starting a small business. This is a good place to start: http://www.sba.gov/category/navigation-structure/starting-managing-business.

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10y ago
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Ryan Gray

Lvl 2
4y ago

I've started a few businesses, two of which are humming right now. Starting a business is aactually not hard....making a business successful is.

To start the business, jsut go to your Secretary opf State's website, and fill out the forms. Choose your entity type (often LLC to start with). Once your entitiy is recognized by the state, you cna file for a federal EIN. Once you have the EIN you can open a abank account for the business. That's it!

But - now you need ot figure out how to generatre revenue and profits. You need to identify something that people need, and are willing to pay for, that you have the abiltiy to provide. It is easy to write, but hard to do. In my case, I started by recognizing that there was as shortage of qualified product develomopent experts that businesses can access without adding to their payroll. So I started a business to privde that. That was in 2008, and we are going strong. That led tto the creation and acquisition of other businesses as well.

Best of luck!

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Related questions

Where online can a person go for smart advice about starting a small business?

Some websites a person can go for smart advice about starting a business are StartupSmart, the Fox Small Business Center and SmartCompany. All three websites provide tips and share the knowledge of experienced businessmen on starting a small business and keeping it running.


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Where can I get some information on starting a small business?

If you are starting a business make sure you have a plan on everything you want to do. If you go to this site www.sba.gov/category/navigation.../starting-managing-business they have information on want you should know to start a business. There is also apps that are very helpful for this too.


Where can I obtain information on starting a small business as well as information on how to lease property?

You can find information on starting a small business as well as information on how to lease property on the Small Business Administration's website.


Anyone can give suggestions to start small business?

Starting a small business is tough and should not be taken lightly. If you are not sure where to begin, perhaps starting a small business is not right for you. Do your homework and study up on the subject.


How would I go about starting my own business?

Starting a business involves planning, making key financial decisions and completing a series of legal activities. One great site that handles all the questions of new small business owner is sba.gov. This site is the US Small Business Administration.


What are a few steps to starting up a small business?

A few steps to starting a small business are 1. write a business plan after you know what type of business you want to start, 2. find some free training on starting a new business and 3. figure out how you are going to finance your new business. The Small Business Administration is a great resource. www.sba.gov


What are some tips about starting up a small business?

There are many tips on starting a small business. The most popular advice for budding entrepreneurs are determine your business type, create a business plan and do the research on your industry.


What is the difference between enterprenuership and small business?

An entrepreneur is the person that starts a business. Entrepreneurship is the process of starting a business. A small business is just that, a small business. It is also a government category that has a technical definition that varies from location to location. The difference is that entrepreneurship is not restricted to starting a small business, though this is the type of business that is most frequently started by an entrepreneur.


Where can I go to register for a business license?

The place to register for a business license if you are starting a small business is at http://www.sba.gov/content/search-business-licenses-and-permits. This website is a government operated site that gives you all the legal and business related information needed to start your own small business.


How do I start a small company?

If you go to sba.gov, they will show you step by step ways to starting a successful small business. All the questions and concerns you may have can be found there.


How do you start small business?

Starting a small business requires lots of home work and lots of factors are to be considered before starting such business like SWOT analysis, potential for the business in that area, profitability, potential and need for the local advertisement of the business.