One of the most important steps when setting up a business is formulating an effective business plan. A well made business plan serves as a roadmap to your business. It gives you the lay of the land, specifies each step that needs to be taken and gives you an overview of each step in the process of setting up a business, operating it and even improvements you can do in the … [Read more...] about How to Make an Effective Business Plan
business start ups
How To Find Free Grant Money to Start a Business
Starting a small scale business is a wonderful opportunity for earning extra income and could open doors for you to make the business grow enough to allow you to do it full-time. Of course, starting a small scale business means starting from scratch, and this means having the capital to bring that business idea off the ground. Usually, the capital will come from your own … [Read more...] about How To Find Free Grant Money to Start a Business
How to Track and Avoid Bookkeeping Errors
Big businesses have the advantage of having a professional accountant whose sole job is to watch the numbers. Small home business owners, or even self-employed consultants or freelancers, have to do bookkeeping themselves--on top of everything else the business demands. With this set-up it's quite possible for you to make bookkeeping errors. Mistakes happen, but when those … [Read more...] about How to Track and Avoid Bookkeeping Errors
How to get a Beer and Liquor License
If you are opening a bar or a restaurant, you will need to get a beer or liquor license. Beer or liquor licenses are required for any business start-up that will serve or sell alcohol. If you do not get the appropriate permits, you are breaking the law and your business establishment can be shut down. You will also be asked to pay a hefty fine. Getting a beer and liquor … [Read more...] about How to get a Beer and Liquor License
5 Basic Facts about Franchising
In the strictest business sense, franchising is defined as the right or license awarded by a company to an individual to market its products or services in exchange for a certain fee. Yes, you get to use a company's name, logo and the profit could be all yours thereafter, but it's not that simple. Think of it as a 'marriage' between the brand's strengths and your own. You … [Read more...] about 5 Basic Facts about Franchising