Preparing To Start A Small Business - EM4B

Small Business Resource Center

5 Tips for First-Time Business Owners

New business owners often find themselves wondering, “What do I do now?” once they have gone thru the process of setting up a new business. Here are 5 tips to help your small business hit the ground running.


SCAM ALERT!

SCAM ALERT!  Please note the Small Business Administration has issued an alert regarding a scam that has recently developed.  Small business owners are being warned against false letters that are going out asking companies for private financial information.  Please visit ...


How do you know if you're ready to start your own business?

Most people have thought about the idea of starting their own business, but many never take any action. Starting a business is a big step that requires a lot of work, and brings about the question of whether you are ready to take that step.


What Kind of a Web Site Do I Need?

With the internet becoming increasingly used as a way for potential customers to find out about products and services, basic web sites have become an essential part of a good marketing program for both new and established companies.


Can I write off my house if I run my business out of it?

When it comes to your business, your house is no different than any other business expense you pay for personally.(link to previous article about “Personal Expenses”)  If you use part of your house to run your business, you are able to write-off a portion of the house and some of the costs to operate and maintain the house.


Do I need visuals in a face to face meeting?

If you don’t have a brochure that describes your company’s key offerings and benefits, then it's best to have something on paper for the person you are meeting with. You can always use a word document with some key benefits of your business.  This way when you are at your meeting you can point to the paper and review the key aspects of your offering.  List the things that you think your prospect are going to be most interested in. 


What is the single most important thing to do in business?

Here it is, it will sound simple but it’s the one area that hurts more business people’s credibility than anything else:  Do what you say you are going to do.  There you have it, one of the keys to small business success.  Why does it sound so easy but seem to be so hard for people to do?  Here’s a few reasons...


Do you really have more free time if you open a small business?

In the beginning, NO. Don’t let anyone fool you, when you first open a business it is hard work.  You’ll be putting in longer hours at your own business than you did at the one you didn’t own and instead of being responsible for your piece of the work at another company or your department, now you’re responsible for the whole thing!   

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