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starting a business

This tag is associated with 19 posts

Sacrifice!

As I sometimes do (more often than I care to admit), I stopped in at the local bakery to get a cup of coffee and a bit of pastry plus the added bonus of being able to talk with the owner for a few minutes when the store is not busy.

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What If?

I received a dreaded phone call this morning about a business acquantance who died last night of a sudden heart attack.  In some respects it wasn’t a big surprise because the individual had suffered from heart problems for a number of years.  

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Startup America Partnership

Recently it was announced that Steve Case, co-founder of AOL, was leading a new public-private partnership to help fund and support small business. Startup America Partnership is designed to promote entrepreneurship  by bringing large and small businesses together for investing, education and mentoring.

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Change your game?

Changeyourgame.com! What a great name for a website and it’s for real. Only problem is unless you are a golfer it’s not for you, but what a great idea. What if you could “change your game”?  Just go to a website and get yourself changed.

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Lessons From The Middle East

For the past few weeks I have been transfixed on what has occurred in Egypt and other countries in North Africa and the Middle East.  In looking at the demonstrations and ensuing chaos, I’m very grateful to be living in the USA.

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Business Rules?

I read an article recently about humorist Rube Goldberg who once asked of his business friends “Do you fellas have a lot of unbreakable rules?”. In today’s business environment the answer would seem to be “What rules?” Today the first rule seems to be “look out for number one” or “I got mine, now I’m looking […]

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Big ideas and plus 50

Muzak – George Owen Squier; Assembly line – Henry Ford; Electric Razor – Jacob Schick; Helicopter – Igor Sikorsky; Parking meter – Carl Magee; Microwave oven – Percy Spencer; Communications satellite – John Robinson Pierce. All these people were fifty plus when their inventions became successful

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Laid Off At 50?

The December Issue of the AARP Bulletin contains an article about individuals who were laid off from their jobs after the age of 50.   Some were 60 and older.  It tells the story about how the individuals started their own enterprises and found satisfaction in them. The article also reported that 15 percent of workers […]

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Some Common Entity Formation Questions

Is there a right time to convert a sole proprietorship into an entity such as corporation or a Limited Liability Company (LLC)? What is the difference between a partnership and a corporation/LLC?  How do I decide ownership interests in a corporation or LLC? The answers to these questions are important and require careful thought.

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The Business Plan – A Key to Developing Your Business

“You’ve got to be careful if you don’t know where you’re going because you might not get there” – Yogi Berra It is amazing how many individuals who want to start a business have little knowledge of how to do it.  An essential step in starting a business, or expanding an existing one, is preparing a […]

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Keys to Writing an Effective Business Plan

There are many good books, software programs, and internet sites that provide information on writing business plans. Provided below are some keys that BizEinstein believes can make your plan better clarify your business idea and stand out to investors.

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Business Plan Content

Cover Sheet. This should be attractive enough to entice someone to want to read it. It should contain a picture of the product or something that depicts the service you’re offering. In addition, it should also have the name of the company, address, telephone/fax numbers, email address and web site (if you have one).  It […]

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Developing a Marketing Plan

Most people think they know something about marketing, until you ask them the difference between a marketing strategy and a marketing plan.  Let’s clarify for you this  “difference” and provide seven steps in developing your plan.

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Finding Capital

Someone once wrote that “money isn’t everything, but it is way ahead of whatever is in second place”. Adequately funding your business is challenging and at times may seem impossible. There are a number of ways, some creative, to find needed capital to start and grow your venture.

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Getting Business Permits and Licenses

Listed below are some of the more common permits and licenses needed to operate a business; however, you should check with your City, County, and State Licensing Departments regarding their requirements.  Additionally, you should also check with their Economic Development Departments to determine what assistance they offer business start -ups in their communities.

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