How to start a business?

Posted on December 2, 2009. Filed under: Uncategorized |

When you’re looking for a small business opportunity, you need to research wisely.  Today, there are some scam artists out there promising you that you could earn a six figure income but the product doesn’t worth anything.  You’re spending your money but not seeing any revenue. We all know that today’s market is very slow and shaky.  There are many new entrepreneurs out there who are looking to start a new business, generate extra income, or  a stay home mom and dad.

There are many business opportunities you can start and promote what you have.  First of all, think of a name what you want to call and the service, then file with your secretary of state.  It’s better to create an LLC or a Corp entity; therefore, you could separate your personal and business’s spending and stay away from any lawsuit.  (Get more advice from your attorney or accountant) You need an EIN # Employee ID Number for your income tax to be reported (see your accountant for advice).  Go and open a bank account with your business name and EIN no.  You don’t really need to lease an office if you’re tight on budget.  You can use a room at your house and set up an office. Virtual office can be okay if you have the budget.

This is what you need for your home office or an office:

1.  Computer/Laptop (Lap top is very convenient, cause you can take anywhere).

2.  Printer with a scanner and a fax machine

3.  Get a separate from your house line.  (Go to RiverOffer to get a phone, toll free, and fax line quote).

4.  Cell Phone- In case you need to step out of the office and people can still reach you.

5.  Computer paper or office supplies

I don’t know if I’m forgetting anything, if I do please forgive moi.  I’ll add some if I could think of.  If you’re looking to build a business line of credit go to www.topglobalmall.com for more information.  Follow my BLOC Blog.

Good Luck!

Amanda H.

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