how to start a business
DESCRIPTION
The basic process you should go through if you think you want to start a business. Questions you should ask yourself. Reasons for going into business, business plan basics, and fundamental marketing considerations.TRANSCRIPT
THE BASICS OF STARTING A BUSINESS - FROM SCRATCH.
How to Start a Business
Copyright © 2010 Vi Wickam.
Idea
Product or Service that is useful to other people?
What are your objectives?What are you passionate
about?Is there a way you can make
money doing this?
Copyright © 2010 Vi Wickam.
Job or Business
Do you want a business, or just a job?
Copyright © 2010 Vi Wickam.
Marketing Considerations
NamingColorsImageLogo
Copyright © 2010 Vi Wickam.
Naming
DescriptiveSpeaks to your AudienceTrue to who you areCleverDoesn’t infringe on Trademarks.com domain name available
Copyright © 2010 Vi Wickam.
Incorporate
What form is best for you? Limited Liability Company (LLC) S-Corporation C-Corporation Sole Proprietor
Copyright © 2010 Vi Wickam.
Business Plan
Keep it Simple (KISS)Basics and StrategyWhat am I providing?Who is buying it?How am I reaching
them?Who is my
competition?How much will startup
cost?How am I funding it?
Copyright © 2010 Vi Wickam.
Take Action!
Go for it!!!
Copyright © 2010 Vi Wickam.
Postscript … Systems
It’s better to have a business than a job.
Your business should rely on you less.
You will want to take a vacation at some point…
The sooner you put systems in place the better!
Copyright © 2010 Vi Wickam.