Browse and read articles related to preparing to start your business. Topics include choosing the right business opportunities, tackling business plan deal breakers and surrounding yourself with the right people.
Business is More Than a Crap Shoot
Due diligence is the research needed to validate your hunches and clarify your business case. A business case is built on more than notions and dreams; it has to have a solid indication of demand for your goods, customers that are willing to pay the right prices, and a bulletproof plan for getting in front of customers. Read the full article
Champions Will Get You Out of the Crab Bucket
Once you decide to start a business, you set yourself up as a target for doubt and negativity. Although it helps to have a thick skin, entrepreneurs need to pay attention to all sources of input in order to learn their way into business, and it’s not always clear who or who not to listen to. Read the full article
Choose the Right Business Opportunity for You
Financial concerns are front and centre for most people when deciding whether or not to start or buy a business. While money and profit are critical to the success of any business, there are a few other things to think about before taking the plunge. Read the full article
Five Tricks for Finding Hot New Business Ideas Fast
New businesses don’t happen by accident. They start and grow when passionate souls burn the midnight oil to solve problems, and then find ways to sell the solution to others.Emerging businesses, quite deservedly, occupy a special place in the mind of onlookers. Entrepreneurs somehow manage to get ahead of the curve and create profit where previously there was none. Great enterprises begin as mere ideas. Read the full article
Get Into a Business You Love
Get into a business you love. At the end of each day, you will have invested another 24 precious hours of your life doing whatever it is your business demands of you, and if you’re work life isn’t jammed full of activities you enjoy, you’ll be wondering why the heck you did it in the first place. Read the full article
Know the Ropes Before Starting Your Lifestyle Business
In researching your business idea, you need to prove there is demand for your products or services and that you can supply them at costs that leave enough money for you and your fledgling business to survive and hopefully, to thrive. Read the full article
Right Franchise Decision Can Be A Stress Buster
Buying the right franchise can take some of the guess and stress out of starting a business, particularly for newbies. A reputable franchisor will engage you in a rigorous screening process before authorizing you to buy the franchise. If you and the franchisor emerge from the courting period still enamoured with each other, you might combine strengths to move forward together in confidence. Read the full article
Tackle Your Deal Breaks
There are some things that will stop your business idea, no matter how wonderful it is. These are the costly rough spots that you would rather conceal from the business analyst or banker. Hiding the information will only bring you and everyone you deal with frustration. Read the full article
Thinking of Buying a Business? Buyer Beware!
For some reason, many people seem to want to spend too much money to purchase existing businesses. This is confusing, until you realize that buyers are trying to purchase solutions to a number of problems. Prospective buyers see an operating business and tend to think that they can simply buy it and it will continue to operate as it does under the ownership of the seller. Read the full article