From the category archives:

Getting Started

Buy a Business Instead of Starting One

Thumbnail image for Buy a Business Instead of Starting One

Instead of starting a business from scratch why not just buy one? Skip all that soul searching, planning and struggling to get a new business going and take over somebody else’s business. Here are the advantages to buying instead of starting a business

Studies show you are less likely to fail with an existing business than [...]

Read the full article →

Consider Part-time before Full-time

Thumbnail image for Consider Part-time before Full-time

Taking the full-time business plunge is a like diving off the high board, the really really high board. It can be scary. If it is too scary consider warming up by jumping low board first– start a part-time business.
ADVANTAGES
There are lots of advantages to going part-time first. You can keep earning your nice steady paycheck from [...]

Read the full article →

Eight Things to Consider When Choosing a Business

Thumbnail image for Eight Things to Consider When Choosing a Business

Once you’ve decided to take the plunge, the next step is to decide what kind of business you are going to have. There are thousands of choices. For some, the answer is simple, but others struggle to figure out what their startup is going to be. If you went through the lists I suggested in [...]

Read the full article →

Set Your Startup Goals

Thumbnail image for Set Your Startup Goals

It is important to set some goals for starting your business. Think about things like:

What do you want to achieve?
How much money do you want to make?
Where to you want to work? Anywhere, at home in your pajamas? In your own office or store? On Main street or the beach?
How much and long do you want [...]

Read the full article →

Learn from Others: The Good, Bad and Ugly of Starting a Business

Thumbnail image for Learn from Others: The Good, Bad and Ugly of Starting a Business

Talk to People
It’s not likely your the first person to try what you want to do. Find people who’ve already done it. Those who’ve been successful can tell you how they did it, what worked and what didn’t. Just as important, try to find people who have failed and talk to them. See if they [...]

Read the full article →

Know Your Motivation for Starting a Microbusiness

Thumbnail image for Know Your Motivation for Starting a Microbusiness

Your Motivation
What is motivating you to start your own business? Some common reasons are:

Getting fired
Fed up and quit
Want to be in control and not work for somebody else
Want creative freedom
See an opportunity, an unmet need you can fill
You’ve invented a better mousetrap

Are you really ready to give up the steady income and security of your [...]

Read the full article →

Do You Have What It Takes to Be a Micropreneur?

Are you worried you don’t have what it takes to be a micropreneur? Any of these doubts causing panic:

Wonder if you have the skills or knowledge to start a biz, sell your produce or service, deal with customers?
Have you got the time to put in long hours?
Can you be flexible to meet the time and [...]

Read the full article →

Ready to take the plunge?

Here are some things to consider before you start a business:
 
Money
Have you got enough money to live on while the business is starting? Can you afford to start this business? If not, consider trying your idea as a moonlight business. It isn’t the best idea to jump right into a new venture and hope things [...]

Read the full article →