How to Start a Business: The Ultimate Checklist - Bplans Blog. This article is part of our “Business Startup Guide” – a curated list of our articles that will get you up and running in no time! Starting your own business may sound like an undertaking of epic proportions. The truth is, it’s not. Yes, you’re going to have to work hard, and commit to working on it at all hours of the day, but actually getting set up is simply down to making sure you’ve “checked all the boxes,” which is exactly what this business startup checklist aims to help you do.
I’ve broken the tasks down into manageable categories and included links that will help you complete each stage of getting started. If you’d like to put yourself through a fast-paced version of the starting a business checklist, be sure to check out our article on Getting a Business Started in 30 Days. 1. Find a good business idea A good business idea isn’t just one that turns a profit. 2. The adage goes, “ideas are a dime a dozen”—but what about good ideas? 3. 4. This is where all the hard work pays off. 5. How to Start a Business. SWOT Analysis: The Ultimate Guide. What is a SWOT Analysis? SWOT is an acronym that stands for Strengths, Weaknesses, Opportunities, and Threats. As the name implies, it is an organized list of your business’s greatest strengths, weaknesses, opportunities, and threats.
The purpose of a SWOT Analysis is to help you develop a strong business strategy by making sure you’ve identified and considered all of your business’s strengths and weaknesses, as well as the opportunities and threats it faces in the marketplace. We’ve created a downloadable, SWOT Analysis guide that will help you plan and grow your business better. Our ultimate guide to writing a SWOT Analysis: In this free eBook, you’ll learn: When to conduct a SWOT AnalysisWho the SWOT Analysis is forStep-by-step instructions for how to make a SWOT Analysis for your business Our SWOT analysis eBook also includes examples from six businesses, each from a different industry, as well as our easy-to-use SWOT Analysis PDF Template. Headspace. What Do Successful Entrepreneurs Do in Their Off Time? When I was growing up, I had tons of hobbies. I loved to draw, paint, and make things out of clay. I never played sports, but I was involved in gymnastics, ballet, and community theater.
I was constantly finding joy in doing, creating, and learning something new. As I grew older, most of those hobbies fell by the wayside. Recently, I find myself wondering—what changed? I’m sure you can identify with this; while we may have a few hobbies we try to keep up on, spending time on hobbies is usually seen as a “luxury.” We think of them as something we’ll get back to once our schedules are a little more open, and our lives a little less crazy. Realistically, it can be hard to rationalize taking time for hobbies. Shouldn’t you be devoting every waking hour to thinking about, planning, and starting a new business? While putting your nose to the proverbial grindstone is necessary, I’d argue that we should still make time for our hobbies. 1. 2. 3. 4. 5. Entrepreneur Darrah Brustein doesn’t think so. Workbook Time of your Life. 10 Tips to Improve Business Efficiency.
Your company is running smoothly enough, but you know things could be better. Sometimes, a project gets hung up a few days too long, or meetings that once felt productive and useful now seem to drag on for hours. It can feel like wheels spinning in the mud, and it’s hard to get that traction back. How can you fix these kinds of issues? By focusing on improving the efficiency of your business. I asked members of the Young Entrepreneur Council for their tips on how they keep their businesses running efficiently, which in turn helps them be more productive. 1. Automate whatever tasks you can Whether it be sending out pay stubs to employees or sending receipts to vendors, automate whatever you can. Sathvik adds that while it might be pricier to implement automated processes in the beginning, in the long run it will cut costs, as well as increase business efficiency. 2.
How can you make sure your employees balance the two for optimum efficiency? 3. 4. 5. 6. 7. 8. 9. 10. Loading...