Do You Know The Proper Steps To Starting A Small Business?

August 28, 2009 by Sharon Wilson  
Filed under Spiritual Business Building Tools

Queens Building Arcade Steps

Do You Know The Proper Steps To Starting A Small Business?

People often come to me for steps to starting a small business.  They know they want their own business but are not sure how to go about it.

I teach them that they need to have a plan and concrete foundation to put the elements on their new business into place.

Some of the core foundational elements we focus on are their beliefs and feelings.  People don’t realize how much of an impact these two things have on their life.

In a business, you need to really understand the heart of the problem your clients are having and have the solution to fix the problem.

You need to do research on your business idea so that you know have a solid base and know where and how to market your product or service.  You can do a lot of research on forums and social networks.

Look in the copy that other companies are using and find words and phrases that you can use in your own copy.

Market yourself both online and offline.  Speaking is also a great way to get known.

Do you know what to do if you have a partner?Do you know the proper steps to starting a small business?

Make sure your partnership agreement is in place before you open the business.  This is an extremely important document and will protect you if needed if it is in place correctly from the start.

So to review, the steps you want to take:
•    Research
•    Market your business
•    Have proper documentation in place

By having these 3 steps in place you will start with a good foundation to build on in the future.
Always remember to listen to your heart in your business because it will never lead you wrong.

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Comments

24 Responses to “Do You Know The Proper Steps To Starting A Small Business?”
  1. shane from Thermofocus Thermometer says:

    Good simple guide, but I would say that the single most important step is is research, research, research!

  2. reneband says:

    Thanks for the information Mrs Sharon.. God Blesssss

  3. gamboa from ms small businesses says:

    Its very scary to start a business nowadays and your post has inspired me a lot.Thanks I hope many would be inspired as well.

  4. Those are all very good points in getting a business started from the ground up, but you can also do it the fast and loose way: Just Do It and See What Happens.

    I basically started an SEO consulting firm and have doubled my revenue from last year with no solid game plan, but one thing I did have going for me was the ability to go out there and make sales calls without fear and a high conversion ratio.

  5. Damon from Honest Debt Settlement says:

    Hello Sharon,

    I have started quite a few businesses over the years. I can definitely agree with you that one of the most important things is to have a plan. Not only do you need a business plan, but you need a plan to implement the business plan. So you essentially need a plan for the plan :-) . Without it, you will just be throwing darts in the dark, doing different things and hoping for the best. You need to set your goals and then work backwords to figure out exactly what you will need to be doing each day in order to obtain those goals. You know what they say, if you fail to plan, then plan to fail.

  6. Frank says:

    I guess it depends on how a person works best. I think it’s smart to have a plan for your business start up, but some would rather go without a set plan. I completely agree with the need to understand your client’s problem and how your business can fix. Good tips.

  7. dofollow says:

    I agree with Frank. It’s good to start with a plan, but you need to be very flexible with it, and change it according to the situations you encounter.

  8. Saad from Structured Settlement says:

    have to agree with the first comment , research is v. v. v. important , i have started online business and getting a decent payout , but earning money is not easyy , so u have to start with little and build your way up.

    @admin
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  9. Freshers Job says:

    Its very difficult to start a business now a days. Your post will help people about the plan. Thanks for sharing the article.

  10. Very informative and very helpful.

  11. Bob Parsons (godaddy’s ceo) has some really good tips for people just starting out. Check his videos out at BobParsons.me there’s like 5 that are really good, on domain name selection and marketing.

  12. People think that they can start a new small business without a business plan. In fact, When starting a new business, they should have a proper business plan with sufficient savings to sustain it for a few years at least. All this is provided by a expert business service provider.

  13. Peter from web development company says:

    Now a days it is absolutely important to have a proper business plan even if you want to start a small business. Business today has become so competitive that if you don’t have a proper workout plan you won’t be able to see the face of success.

  14. I agree with Peter. Competition is the great challenge one should consider before putting up a business. Things must be considered including one’s eagerness, interest, skill,finances, etc. Make also a research about the business you want and know the possible risks.

    carol burnett

  15. Cory from startup funding says:

    Finding a solution to many people’s problems is the secret to success.

  16. With the current economic crisis I think most of the people have turned to starting off their own businesses. Which is frankly a good move. But then again all are not business experts. This article certainly can help many of these people who are starting off new businesses. Thanks for the article. Cheers

  17. Great article. Many people are now solely relying on their own businesses. Especially because they can control the internal variables and adopt to the external variables in the market. And hence giving them control of their future which saves them from being layed off if the economy has a downfall.

  18. I will try to make these steps,thanks for info.

  19. zain says:

    i want to start a business but dont understand what? plz help

  20. zain says:

    any kind of business

  21. Nice article. Thanks for posting.

  22. Website says:

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  24. Tyree from Password says:

    These are actually great ideas in about blogging.
    You have touched some fastidious things here.
    Any way keep up wrinting.

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