Boring businesses: Don't be fooled by the way these business sound, boring means anything but. These ventures are typically businesses that offer products or services that are essential but may not have flashy or attention-grabbing qualities. Think accounting firms, insurance companies, waste managem...
Tutoring can be scheduled around your availability, making it a great part-time business that can be managed alongside other commitments such as a full-time job, like teaching, (check out thesebusiness ideas for teachersorhow to make money as a teacher) or school commitments. It can also be...
How to Come Up With a Brand Name 300+ Business Name Ideas to Inspire You How to Trademark a Business Name: A 5-Step Guide 3. Choose an ownership structure. Your business’ legal structure can impact what you’re liable for and the taxes you pay. The most common types of business struc...
Here are some steps to take in the name game: Brainstorm ideas. Write down all your business name ideas in no particular order. Let your ideas flow. Think in terms of imaginative words and phrases as well as more concrete descriptions. You can usefree online generatorsto give you more ide...
If you offer extra value in some way, it’s often wise to charge a bit more. However, some businesses set themselves apart through affordability. Images: Envato ElementsMore in: Business Name Ideas, Featured Editor's Picks How to Start a Limo Business: Your Step-by-Step Guide How to ...
Everything you need to start your business, including business ideas and plans, financing tips and success stories from real entrepreneurs.
Step 6: Set up Business Banking, Credit Cards, and Accounting Using a dedicated business banking account and business credit card is essential for maintaining personal asset protection. Once you register your business, you’ll need to take steps to protect your personal assets and establish your ...
Managing cash flowis essential to the financial health of your new business. Using asmall business accounting toolcan help you keep on top of money flowing in and out. Professional accountants can also offer valuable advice. Beingready for tax timeinvolves managing your finances throughout the yea...
6. Study your accounting reports regularly As a beginning small business, it’s crucial to create a business plan with detailed financial projections. This document is your roadmap for business success, whether or not you’re getting a bank loan or an SBA loan. Your business plan’s detailed...
Apply for permits and business licenses Create and register a business name Open a small business bank account Set up accounting and payment systems Outsource essential functions Learn how to pay employees Find a business location Market your business and launch a website Explore business partnerships...