01. Brainstorm and refine your business ideaYou might already have a great business idea that you can’t wait to start, or maybe you’re still in the early brainstorming stages of finding your niche. If the latter applies to you, think about what you’re passionate about and what skills...
How to test a business idea Test business idea FAQ Start your online business today. For free.Start free trial Every new business idea starts with a hunch. Passionate entrepreneurs work to brainstorm unique solutions to potential customers’ problems. However, private lenders aren’t going to for...
Business Ideas to Become Your Own Boss Learn about what makes a good business idea, and how to take your idea from inception to production. Endless job applications and interview callbacks may seem like the gatekeepers of employment, but that’s not necessarily the case. Entrepreneurship is ...
While market research tells you about general conditions for starting a business (and whether your idea “has legs,”)competitive analysishelps to determine if your new business can compete with existing companies. And make no mistake about it – there is a lot of competition. According to the...
Learn how to start a business—everything you need to set up and launch a company. Discover the best way to open a successful small online business, LLC or partnership.
1. Choose a business idea Agreat business ideacan vault you past the competition. You may want to create a new product or service or improve an existing one. Here are two questions you can ask yourself to find your footing: Who is your customer?
Before starting a business, it’s important to have a strong business idea. A successful business idea should be unique and innovative, and the concept should provide value to potential customers. Some business owners start something that’s never been done before, while others venture into an ...
Starting a business is a pursuit that appeals to many, but not everyone knows where to start. This guide will walk you through the elements of starting a business and explain what you can expect as you embark on the journey.
What is Financial Forecasting + Why it Matters for Small Business Elon Glucklich March 4, 2025 How to Plan for the Impact of Tariffs LivePlan Team February 27, 2025 The Hurdle Episode 6 | Buying and Rebuilding a Business 1.888.498.6136 ...
To determine the costs for a business that hasn’t started up just yet, you’ll need to do a fair amount of research. Investigate the cost of insurance policies, rent in your area, the materials you’ll need, and so forth. Take notes, track your findings in a spreadsheet, and consider...