Archive for the ‘Starting a Business’ Category

Starting up a chauffeur business: a guide

Starting up your own chauffeur business can be a lucrative move but, as with any new venture, it is important to do your research and make your service stand out from the rest. You assess whether there is a sufficient gap in the market to accommodate your company and, if there is, design a business plan before you go ahead.

Another important factor to take into consideration is giving your investment the protection it deserves with tailored chauffeur insurance.

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Starting a Business: What To Do and What Not To Do

When starting a new business, there are many important decisions to make and many rules and procedures that must be addressed. While there is no single source for all filing requirements, the following steps have been developed to assist you in starting your business, by telling you what to do and what not to do.

TOP TEN DO’S

1. Live frugally and begin saving up money for operating your business.
2.

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IMPORTANT: Keep Business and Personal Finances Separate

I cannot stress this point enough. Your life will be much easier if they are kept separate. And when you grow big enough to hire an accountant, he/she will thank you too :)

Small scale business people may often have problems managing finances. While most of the money they used to kick off came from their savings, most of their personal funds now come from their businesses.

Financial management is really a tough thing to do.

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How to track business expenses when starting out

While the start up phase of a new business venture can be an extremely exciting time, it is also incredibly confusing and fast-paced. Financial decisions should be well thought out and a company credit card should not be taken lightly. Doing the research and always practicing good financial habits will help ensure that the financial foundation of your company will start strong and continue to stay strong as growth occurs.

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How To Write A Business Plan

If you are considering starting a new business, but you aren’t sure where to begin, you have come to the right place.  The first major step you need to take as an entrepreneur is to write out a business plan.  Now, the reality is that many aspiring entrepreneurs do not take the time to write out an exhaustive plan.  The reason is simple—writing out a business plan is not exactly the most exciting task in the universe!  It can be tedious and time-consuming, and developing product, talking with potential clients, marketing, design, etc—all these things are much more interesting and fun than writing.  However, if you want to take your business venture seriously and reach the highest level of success possible, writing out an exhaustive business plan is absolutely essential.

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5 Reasons College Part-Timers Can Help You Grow Your Small Business

This is a guest post from Jay Buerck

Struggling small businesses might have one more trick up their sleeves: hiring college part-timers. It’s an easy way to save a little on overhead while at the same time providing individuals with much-needed real world experience. But most important of all is the energy and determination that can often be found in the work ethics of college level employees. The following is a countdown of five reasons why recruiting college-level part-timers is a great way to boost your business:

#5 The Employee is Less Jaded/More Energized

Without years of working and amassing a fair share of unsavory work-related experiences, young part-timers look forward to their job.

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