I want to start a business but what kind of business could I start? Well, I could start a babysitting business because I love children. I also could start a Decor business because I love for houses to look decorative, or I could start a bakery because I do like to bake.
Build a Business Plan
Ok so now that I have some ideas in place, I need to consider some important questions. What is the purpose of my business? Who am I selling to exactly?
Assess Your Finances
Unfortunately, starting my business does have a price. So, in order to start my business, I have put aside some money and have been putting more and more in it every time i get a new increase. I have also applied for business loan.
Legal Business Structure
I want to start my business with one of my close friends so my business structure will be a partnership. I have decided this so I can be able to put some of the weight on someone else.
Register with Government and IRS
In order to register my business with the government i have to have an "articles of incorporation" document. I will also want to take steps to trademark my business name for extra legal protection.
Brand and Advertise
In order to advertise my business, I plan to create a logo, use social media to spread the word, and hang flyers at local places where people commonly go.