Sep 20, 2019 in Business Coaching

Want to start your own business?

Book a session with an Online Business Coach today!

WikiExpert

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You don’t have to be a wildly successful entrepreneur or business school graduate to start a business—half of the small American businesses are run from home, and small businesses comprise 99.9% of businesses in the United States.

As with many things, it’s getting started that’s the most difficult; we’re here to give you a head start by walking through the most basic steps of how to start a business.

Embrace your idea

Behind every business is a vision. The very initial stages of founding your business will look like passion. They may be messy, but that’s why you should always take some time to clarify your ideas and goals before haphazardly jumping headlong into a costly business venture.

Build a structure

Once you’ve nailed down your vision—something you can easily turn into a mission statement—it’s time to jump right into the planning stages. This is the period of time when you ensure that your killer idea can really make it in the world by creating a business plan from the start-up stage to the potential for business expansion.

Plan financially

One of the most common reasons that a new small business might meet its end is due to a lack of funding or financial planning. Before you even think about opening up for business, ensure that your finances are in order. Take some time to estimate the costs of running your business in addition to one-time initial costs.

Make it official

Owning a small business comes with its fair share of paperwork, and of course, any business founder would want their business to be legally recognized! You’ll need to register your business, apply for licenses and permits, and ensure that you’re following all the rules for running a business in your state.

Get to work

Failing to hire the right team of employees is another shortcoming which frequently leads small business owners toward their demise. As you aim to hire the right team of collaborators and employees, you can begin to divvy up crucial tasks such as promotion, marketing, and development. Then, watch the success roll in as your business start-up gains traction.

Book a session with an Online Business Coach

While you’re working through the initial checklist which comes inherently with the task of founding a small business, don’t go at it alone! Instead, work with an Online Business Coach who can guide you toward starting your own business and succeeding, too.

Scheduling regular online business coaching sessions means that you’ll have the opportunity to work with a professional Business Coach who is trained to assist you throughout the entire process of beginning your business—from nailing down your plan to determining a marketing strategy, online business coaching allows you the opportunity to have expertise at your fingertips.

No matter where you are in the process of launching your business venture, get in touch with one of our Online Business Coaches today and book a session.

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