Startup Advice? Per L. Bylund Robert J. Trulaske, Sr. College of Business University of Missouri.

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Presentation transcript:

Startup Advice? Per L. Bylund Robert J. Trulaske, Sr. College of Business University of Missouri

ABC News Want to Be Your Own Boss? Check Out 7 Tips for Starting Your Own Business – small-business/story?id= small-business/story?id=

ABC News 1.Be Clear on Why You want to Start a Business 2.Determine Your Business Type 3.Create a Simple Business Plan 4.Nail Your Target Customer 5.Perfect Your Pricing 6.How to Find Start-Up Money 7.Go Out and Get Customers

About.com: Small Business Canada Top 10 Tips for Starting a Business That Will Succeed – Advice on Starting a Business to Ensure Success – artingtips.htm artingtips.htm

About.com: Small Business Canada 1.Do what you love 2.Start your business while you're still employed 3.Don't do it alone 4.Get clients or customers first 5.Write a business plan 6.Do the research 7.Get professional help 8.Get the money lined up 9.Be professional from the get-go 10.Get the legal and tax issues right the first time

US SBA 10 Steps to Starting a Business – steps-starting-business steps-starting-business

US SBA 1.Write the business plan 2.Get Business Assistance and Training 3.Choose a Business Location 4.Finance Your Business 5.Determine the Legal Structure of Your Business 6.Register a Business Name ("Doing Business As") 7.Get a Tax Identification Number 8.Register for State and Local Taxes 9.Obtain Business Licenses and Permits 10.Understand Employer Responsibilities

Entrepreneur Magazine 10 Tips for a Strong Start –

Entrepreneur Magazine 1.Offer what people want to buy, not just what you want to sell 2.Get cash flowing ASAP 3.Always find new ways to keep costs low 4.When planning, always overestimate expenses and underestimate revenues 5.Focus on sales and marketing manically 6.Find ways to exponentially increase profits 7.Test and measure everything 8.Accept that learning more equals earning more 9.Don't discount, add value 10.Get a coach