Start Your Own Business: The Only Startup Book You'll Ever Need

Start Your Own Business: The Only Startup Book You'll Ever Need

The Staff of Entrepreneur Media

Language: English

Pages: 674

ISBN: 2:00319621

Format: PDF / Kindle (mobi) / ePub

Tapping into more than 33 years of small business expertise, the staff at Entrepreneur Media takes today's entrepreneurs beyond opening their doors and through the first three years of ownership. This revised edition features amended chapters on choosing a business, adding partners, getting funded, and managing the business structure and employees, and also includes help understanding the latest tax and healthcare reform information and legalities.

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productive. The Apple iPhone and iPad, for example, offer thousands of business-oriented applications that allow users to truly customize their phones and transform them into the ultimate time management, contact management, and personal productivity tools. For the on-the-go entrepreneur, the trick is to choose technology-based tools, whether it’s an iPhone, iPad, Samsung Galaxy, BlackBerry, netbook or laptop, that best fits your work habits and style, and that you’re most comfortable using.

you can give past customers’ phone numbers to certain qualified prospects so they can get a solid recommendation about your business firsthand. Going Above and Beyond These days, simply providing adequate customer service is not enough. You need to go above and beyond the call of duty to provide customer service that truly stands out. How to do this? Begin by thinking about your own experiences as a customer—what you have liked and disliked in certain situations. Recall the times you were

new businesses—and even most older ones—still operate using a manual (checkbook and receipts) bookkeeping system, and it is not a good idea for a new business to use this type of system. It is far more efficient to go with an automated system, and there are now many bookkeeping software packages on the market that won’t break your wallet. For a financially complex business such as a manufacturing concern, you can buy industry-specific software, but there also are generic programs available that

specifically asked. Most bankers will be happy to help you understand the fine print, but it’s also a good idea to have your accountant and lawyer review the documents, too. Although it varies slightly from bank to bank, a small-business loan package usually consists of several documents, typically including a loan agreement, a promissory note, and some form of guarantee and surety agreement. Loan agreement. This specifies, in essence, the promises you are making to the bank and asks you to

whether you should start part time or full time. You can’t become so caught up in your love for what you’re doing that you overlook the business realities. If you find there is a huge unmet need for your product or service, no major competition, and a ready supply of eager customers, then by all means go ahead and start full time. If, on the other hand, you find that the market won’t support a full-time business, but might someday with proper marketing and business development, then it is

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