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Category - Start ups

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1
Training Your Employees For Your Absence
2
Decided To Start Your Own Business? What Next?
3
“How To Start Your Own Business” – The Step By Step Formula
4
Your Mother May Have Lied To You About Starting Your Own Business!
5
How Business Startups Are Not As Scary As You Think

Training Your Employees For Your Absence

Unless you own and wish to continue to own a micro-business where you work on your own in your profession or trade, it is more than likely that as a small business owner you wish to expand and grow your business to the extent that you will be employing people as you grow.

Most of us who run and operate small businesses wish to grow in size – as our sales and profits grow, by necessity we need to scale and grow our workforce so that we can produce more, or meet more customers or provide more services. We are constrained by the number of productive hours we, or anyone we employ, can spend on producing goods or services. So we employ more people.

Some of the new people we employ may not be directly customer-facing. Indeed we may need more and more “back-room” hours from new people – keeping the books, managing the stores, manufacturing or working behind the scenes.

The question is, how do you introduce more and more people and continue to control and manage the business as more and more people do the things that you used to do?

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Decided To Start Your Own Business? What Next?

Have you had enough of working for someone else and decided to start your own business?

Have you just started a new business and it’s in its infancy?

In either case, you may be asking yourself the question “well, here I am, what next?”

Let’s go through a logical number of things you should do when you have decided to start your own business, or even if you have already started but are a bit overwhelmed in those early days.

By the way, I’ve written a free report and checklist about starting your own business which you can get from here.

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“How To Start Your Own Business” – The Step By Step Formula

Are you thinking of, or have you recently started your own business?

As you enter into the process, it can be quite overwhelming, trying to remember, let alone know for sure, all the steps you have to take, all the regulatory matters and things to think about.

What you need to do at the outset is to understand what you need to bring to the game, be clear about all the steps you need to take from thinking about the idea of starting your business to business opening, and to actually design how the business will operate and what to do strategically and on a day-to-day basis.

You can, however, follow a pretty standard step-by-step formula.

I have used my 40 years’ experience advising small business owners and distilled it into 5 basic steps.

So, let’s go!

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Your Mother May Have Lied To You About Starting Your Own Business!

STOP PRESS: If you have been stood down or lost your job because of CIVID-19 and you are thinking of starting your own business, read to the bottom of this article where I am giving you an offer to help you plan your new business idea. Offer valid until 30 April 2020.

My Mum told me that if I studied hard, I could get whatever I wanted.

Did your mother tell you the same thing?

My Mum told me that I had to study hard to be an expert at something. So I studied to be an expert accountant.

Then when I decided to start my own business, she was very supportive and said that with all my skill, all I had to do was sell.

But you know what, none of that made me the successful small business owner that I am!

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How Business Startups Are Not As Scary As You Think

Starting a business can be scary.

But it’s not as scary as you think, especially if you prepare yourself at the start.

Sure, there are lots of things you have to do and understand or learn. But you can learn this!

In fact, I’ve written a report and checklist on all the steps you need to take when you start a new business which you can get here.

But that’s not what I wanted to talk about this week.

I wanted to talk about how you have to get you ready!

What do I mean by that?

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