GetPedia The Business Start-Up Kit Steven D. Strauss DEARBORN™ TRADE PUBLISHING TEAMFLY Team-Fly ® [...]... inexpensive option And for these reasons, they intend to keep their business there But many people start their business out of their home with the idea of moving it out as soon as it is feasible These folks understand that in the early, critical, start- up phase of their business, money is vital and starting from home affords them the luxury of spending their capital on needs other than rent, which is... The National Association of the Self-Employed 80 0-2 32-NASE (80 0-2 3 2-6 273) PO Box 612067 DFW Airport Dallas, TX 7526 1-2 067 The Service Corp of Retired Executives (SCORE) 80 0-6 3 4-0 245 U.S Chamber of Commerce 20 2-6 5 9-6 000 1615 H Street, NW Washington, DC 20062 1 / Business Overview The United States Small Business Administration 800-UASK-SBA (80 0-8 2 7-5 722)... Blank C H A P T E R 2 The Home-Based Business Advantage Don’t make the mistake of already deciding that yours is not going to be a home-based business The important thing to understand is that there are two types of home-based businesses, and yours might fall into either category The first category includes businesses that start at home and remain home-based Many people start their business at home because... That is the “technical” aspect of the business The dentist fills the cavities, the photographer takes the pictures Practically every business is set up to allow the owner to make money doing some sort of technical work that he or she loves The second part of your business is everything else the actual running of the business itself That is found in the rest of this book, Chapters 4 through 20 The dentist... One of the first things you must do is analyze your start- up costs to determine if you can afford to start the business that you love Again, Chapter 9 will walk you through the process of determining how much money you will need to get started, but as you go about deciding what sort of business to start, keep in mind financial considerations Conducting Market Research The other aspect of choosing the. .. surprising then that many businesses you know started out as a home-based business, such as: • • • • • • Disney Amazon.com Microsoft Xerox L.L Bean Apple 19 20 T H E B U S I N E S S S T A R T - U P K I T Success leaves clues These are some of the best businesses of all time One thing they share is an understanding that a small, home-based business can turn into a big business By saving their money... home Another problem is that some people find it difficult to distinguish their personal life from their business life when they work at home Just as it’s easy 2 / The Home-Based Business Advantage 23 to get swept up in the novelty of working from home and goof off too much, it also is easy to work too much Workaholics need self-discipline too, lest they find themselves working at all hours of the day... entrepreneur, there are no guarantees In large part, whether you succeed or fail is up to you So, how do you do it right? Read this book It is dedicated to helping you succeed And unlike other startyour-own -business books on the market, what sets this book apart is that it offers a model of business success, a simple model that is easily duplicated It might help to think of your business as having two parts The. .. free The Small Business Administration, your friends, Web sites, the local chamber of commerce, and business associates will be available to help you along the way 3 Plan Nothing beats preparation to quell the panicky feelings that can keep entrepreneurs awake at night “A well-thought-out business plan can go a long way toward helping alleviate start- up fears,” says Mark Sobel, director of Small Business. .. have decided that starting a business is right for you despite the risks, the question becomes: What’s next? People often love the idea of 1 / Business Overview 9 starting a business but get bogged down in the actual nitty gritty of just how to do it It might help to know that no matter what type of business you decide to start, the essential steps are the same Different businesses will have slightly . to start their own business for the sim- ple reason that they think that they are worth more money than they are making or they want the chance to provide a better life for their family. There. entrepreneur Picking the best business 2. The Home-Based Business Advantage 19 The home-based business revolution Risks and rewards Setting up shop at home 3. Buying Franchises and Other Businesses 31 Would. Data Strauss, Steven D., 1958– The business start- up kit / Steven D. Strauss. p. cm. Includes index. ISBN 0-7 93 1-6 02 7-8 1. New business enterprises—Management. 2. New business enterprises— United