Getting things done right during the startup phase of a business is crucial for the long term success of that business. The Starting a Business topic area on Bright Hub’s Entrepreneurship deals specifically with those matters and concerns that need to be handled before a business even opens its doors. In particular, our business analysts will share advice on items such as what steps need to be taken during business startup, which industries offer high growth potential, and mistakes to avoid when starting a business. We also take a more in-depth look at the requirements needed for certain types of businesses, whether you plan to start a flower shop or open up a consignment store. Regardless of the business industry you choose, there are a number of startup issues common to all ventures. For more detailed advice and strategy suggestions, be sure to check out our latest articles.
Whether you’re selling garage sale finds on eBay, extra baby stuff on Let It Go or the latest sprocket on Amazon, you need to be photographer. You’ll need social media and business skills to be successful too, but if your stuff doesn’t look valuable, no one will buy it.
Entrepreneurs translate ideas to reality. This requires much effort and many processes. Rapid prototyping (RP) is a tool that allows lending physical shape to abstract ideas. The different RP techniques aid businesses in virtualization, testing, modelling, and even small scale manufacturing.
If you’ve been stricken by an idea you can’t get out of your head, you may be wondering how it is that you can turn your business idea into an actual business. While it may seem overwhelming, the actual process of moving from idea to actual business is best done in a linear fashion, step-by-step.
Are you a real entrepreneur? Despite the challenged economy, entrepreneurship is on the rise. Self-introspection to discover whether you are a freelancer or an entrepreneur can help define what motivates you in business and in life. Know thyself; success will follow.
Even if you don’t have much cash in the bank, you can become your own boss. Learn money-saving tips; find out how to advertise for next to nothing, download free templates to help you plan and track progress and more with the help of the resources in this comprehensive guide.
You may find opening a niche small business to be challenging because you must locate those who require your service or product. You need to reach out to a smaller population rather than just anyone. Here are important facts you need to know.
Business start-up costs include licensing fees, inventory costs, and equipment costs. Before you start the business, even if you do not draft a business plan, you should outline the costs for start-up to ensure that you have enough operating capital to get to grand opening.
Setting up a limited liability company (LLC) is easier than setting up most other entities. In many states, you can register the company online instead of mailing the application in.
In this guide to business startups, you’ll find ideas, strategies, information and worksheets that will bring success if you wish to venture into the entrepreneurial world. We also take a look at “Danny” a wannabe business owner who had an idea and well….read on!
The world of owning a franchise involves a lot of time and effort. How does any entrepreneur know if the franchise life is right for them? Fear not, because here, Bright Hub takes the guesswork and myths out of owning a franchise, including some real hard truths in this guide to franchises.