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Business Startup Guide - What Is A Business Startup Plan

Business Startup Guide - What Is A Business Startup Plan

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Business Startup Guide - What Is A Business Startup Plan

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  1. Business Startup Lab

  2. Copyright ©All rights reserved worldwide. YOUR RIGHTS: This book is restricted to your personal use only. It does not come with any other rights. LEGAL DISCLAIMER: This book is protected by international copyright law and may not be copied, reproduced, given away, or used to create derivative works without the publisher’s expressed permission. The publisher retains full copyrights to this book. The author has made every reasonable effort to be as accurate and complete as possible in the creation of this book and to ensure that the information provided is free from errors; however, the author/publisher/ reseller assumes no responsibility for errors, omissions, or contrary interpretation of the subject matter herein and does not warrant or represent at any time that the contents within are accurate due to the rapidly changing nature of the Internet. Any perceived slights of specific persons, peoples, or organizations are unintentional. The purpose of this book is to educate and there are no guarantees of income, sales or results implied. The publisher/author/reseller can therefore not be held accountable for any poor results you may attain when implementing the techniques or when following any guidelines set out for you in this book. Any product, website, and company names mentioned in this report are the trademarks or copyright properties author/publisher/reseller are not associated or affiliated with them in any way. Nor does the referred product, website, and company names sponsor, endorse, or approve this product. of their respective owners. The COMPENSATION DISCLOSURE: Unless otherwise expressly stated, you should assume that the links contained in this book may author/publisher/reseller will earn commission if you click on them and buy the product/service mentioned in this book. However, the author/publisher/reseller disclaim any liability that may result from your involvement with any such websites/products. You should perform due diligence before buying mentioned products or services. be affiliate links and either the This constitutes the entire license agreement. Any disputes or terms not discussed in this agreement are at the sole discretion of the publisher. Business Startup Lab

  3. You Can See My own Products: PLR MONSTER Get LIFETIME access to 2000 Products Ready to Sell - For ONLY $7 - keep 100% of the profit App Builder Start Your Own Apps Empire! App Builder $9/year, UNLIMITED Apps, Get Free $1100 App Marketing Easytube Youtube Page 1 in 1 minute Easy System - See How All My Videos Rank Page 1 in Youtube, Yours Can Be Call To Action Videos Business Startup Lab

  4. Double Your Video Conversion! Get 52 Call To action Videos With REAL Actors + Video Mixer Software Video Bomber Bomb YouTube With UNLIMITED Unique videos in Just Few Clicks, Fast and Easy Software! Instaquote Get Unlimited Facebook,Instagram,YouTube Unique content! Create STUNNING 100 Quotes in 7 seconds! YouTube Rank Checker YouTube Rank Tracker - Track Fast & Easy Unlimited Keywords & Videos Ranking - $7 One Time Payment! Business Startup Lab

  5. Introduction Starting your own business is not an endeavor you should jump into without a great deal of thought and consideration. It’s risky, and there are a lot of steps to getting started. Most people seem to think you can jump right into daily operations, but there’s a lot of preparation needed before you can make your first dollar or court your first customer. In this report, we’re going to take a look at some of the various factors to consider before you open the doors to your business, and what you need to be absolutely sure to get in place before you get started. Keep in mind that much of this report specifically deals with laws in the United States. If you need laws specific to another area, you will have to check with your own local agencies for information. We’re going to take a look at such things as: Business licenses Taxes Incorporation Taking Payments And More! Business Startup Lab

  6. Are You an Entrepreneur? The first thing you need to ask yourself before you start a business is, "Am I an entrepreneur?" You need to be completely honest with yourself, because if you start a business without that entrepreneur mentality, your chances of success will be greatly diminished. The fact is, not everyone is cut out to be an entrepreneur. If you are the type of person who doesn’t like taking a lot of risks, starting a business is probably not for you. If you have trouble motivating yourself to work and you find you need a boss to keep you working, you’ll probably have a lot of trouble being productive working for yourself. A true entrepreneur is: Someone who knows how to motivate himself Someone who knows how to delegate tasks to others Someone who is an efficient time manager Someone who is not afraid of taking risks Someone who is a good communicator Someone who is passionate about her line of business Someone who is an effective planner Someone who can manage money wisely Someone who keeps their customers needs in mind Someone who is not afraid to promote themselves Someone who is not afraid of technology Someone who is highly organized Business Startup Lab

  7. It takes most of these factors to succeed in business, and the more of these you possess, the greater your odds of success. Remember, many of these factors can be acquired by study and/or training, so keep working on growing as a person and developing these traits. Business Startup Lab

  8. Business License Not everyone who starts a business needs a business license. It really depends on the type of business you’re going to run, where you’re going to operate it, and a number of other factors. If you need a business license and don’t get one, you could be facing some pretty harsh fines depending on where you live. To find out if you need a business license, you will need to find out what your state and/or local government require. This will depend on a variety of factors, and you may need other types of licenses in addition to a standard business license. For example, if you have employees, you will more than likely have to register with your state’s Labor Department. This agency will administer unemployment insurance contributions compensation and such. You may even have to buy your workers’ compensation insurance directly through your state. Some businesses need special licenses, such as those selling processed food products like restaurants and concession stands. Again, these laws differ in various locations, so you need to check with your state and county to find out what you may need. and handle workers’ Business Startup Lab

  9. The Small Business Association has links to various state websites. This is a good starting place for your research: >> http://www.sba.gov/content/what-state-licenses-and-permits-does- your-business-need Remember, your local government may have its own requirements, so you’ll need to be sure you’re in compliance with county and/or city rules as well. Business Startup Lab

  10. Home Business Operation If you intend to operate your business from your home, there are special laws that apply in most areas. These laws apply to things like zoning, and depend on whether or not you will be having customers or clients visit your home, traffic, and other factors. Most zoning codes have restrictions for: Prohibit changing the exterior of your home for business purposes Prohibit or restrict outside signs in residential areas Prohibit or restrict commercial vehicles in residential areas Prohibit any type of outdoor business activities Restrict the number of visitors you’re allowed to have Restrict the number of employees or even prohibit you to have any Restrict business parking Restrict noise and other nuisances Prohibit hazardous materials Restrict the type of businesses allowed in residential areas Some areas have very few laws regarding home businesses, while others are much stricter. Check with your local planning and zoning office to find out which laws may apply to your business. Business Startup Lab

  11. Home-based businesses can also write off certain expenses on their taxes. It’s best to consult a tax professional to be certain of the deductions you’re allowed to take, because the last thing you want is the hassle of an IRS audit because you claimed something you shouldn’t. Additionally, tax laws change often, so it’s a good idea to use a tax professional every year if at all possible, because they will stay informed about changes to the IRS code from year to year. Business Startup Lab

  12. Incorporating A lot of people don’t understand the benefits of incorporating, or even if they should. Additionally, there are different types of corporations and even LLCs, which aren’t true corporations. Incorporating or forming an LLC is potentially quite costly. The license alone can cost $100 or more in some areas, and if you need professional help to fill out the forms, that costs even more. Not every business needs to for one of these entities, but if you do, it’s important to choose the right one. An LLC, or Limited Liability Company, is the simplest type of business entity for form (other than a sole-proprietorship or partnership). It offers very little liability protection, but there are certain tax benefits that you may want to consider. Corporations offer a lot more liability protection, meaning it’s more likely the company would get sued instead of you personally if something goes wrong, for example. There also greater tax benefits, credit benefits, and other benefits. The drawback is that corporations require a lot more recordkeeping, corporate formalities such as required meetings of the board of directors, ownership restrictions and much more. There are also two different types of corporations to consider: the C-Corp and the S-Corp. The S-Corp is more for smaller companies and the C-Corp is for larger companies that may want to issue stock someday. Business Startup Lab

  13. The SBA has an article on choosing a business entity. This article may help you decide which is right for your business, or even if you need one at all. http://www.sba.gov/blogs/better-choice-entity-selection-llc-or-s- corporation Business Startup Lab

  14. Taxes Taxes are a very serious concern for any business owner. There isn’t a for- profit business owner anywhere who doesn’t have to take taxes into consideration. Almost every location in the world taxes businesses. As a business owner, you may be responsible for a wider variety of taxes than ever before. You need to consider not only your own state and federal taxes, but also sales taxes, payroll taxes, and many others. You will need to apply for an Employer Identification Number, or EIN. This is your federal tax ID number (sort of like your social security number, if you’re American) and it will be how you file your federal taxes to the IRS. It will also be used if your company applies for credit and for other purposes. Here is more information on the EIN: http://www.irs.gov/Businesses/Small-Businesses-&-Self- Employed/Employer-ID-Numbers-EINs It is highly recommended that you consult with a tax professional on a regular basis to be sure you’re complying with all federal, state and local tax laws, as it could cost you far more down the road than a tax professional will cost you now. Business Startup Lab

  15. An Online Presence If you’re starting a business that isn’t based solely online, you’ll probably want to consider whether or not you will need an online presence. And the fact is, these days almost every business can benefit from having a presence on the internet. It doesn’t have to cost a lot to build some sort of online presence for your company. In fact, you can use free tools to build a website, set up a blog, and of course you can use social media. Even if you don’t intend to do any selling online, you still need to be sure your business is represented online. Let’s say you’re a local paint contractor who deals primarily with customers only in your city or county. You still need an online presence. These days, fewer people than ever are using the local yellow pages to find businesses. Most people go online now, because they can find out a lot of information without having to spend a great deal of time making phone calls. They can also see samples or your work/products, find hours of operation, and even contact you through email. If you think about it, this benefits you, too. If people are able to find out the answers to simple questions online, then they don’t have to call you and cost you time and money. This means less work for you overall. Social media is also important for nearly all businesses these days. Facebook, for example, can drive a large number of visitors to your business through word-of-mouth. Once a few people in your local area ?like? your Facebook page, more people will see it and word will spread. Business Startup Lab

  16. And don’t underestimate the power of online review sites such as Yelp, Google, Urbanspoon and Angie’s List. These sites allow visitors to review business and service providers, and a very large number of people use these sites before they decide which company to use or visit. You should check review sites regularly to be sure no one is leaving bad reviews for your company. Bad reviews can hurt your business more than you realize, and if someone leaves a bad review, you have a chance to contact them and ask them to come back to your company and give you a chance to make it up to them so they may leave a more positive review later. (But NEVER respond in a negative way to reviews! It will only make you look worse, even if you are in the right.) Business Startup Lab

  17. Getting Paid One thing a lot of business owners overlook is how they will be paid for their products or services. Some think that taking cash and checks is sufficient, but these days people want more ways – easier ways – to pay. In fact, many people don’t even carry cash or a checkbook anymore. They may have a few bucks tucked away for ending machines or bus fare, but generally they prefer to pay using credit or debit cards or other methods. If you’re opening a brick-and-mortar business such as a restaurant or store, you’ll definitely need to take credit and debit cards as a payment method. But even if you’re performing a service or selling online, you’ll need a way to take alternative methods of payment. Even flea market vendors and farmer’s markets are starting to take credit cards! If you have a device such as an iPhone or iPad, you can use one of the simple card reader billing systems such as Square. These small readers insert into the headphone jack of your device and allow you to take credit card payments instantly, no matter where you are, as long as you have an internet connection. >> https://squareup.com >> https://www.paypal.com/webapps/mpp/credit-card-reader >> http://payments.intuit.com/mobile-credit-card-processing/ Business Startup Lab

  18. You should investigate each company’s operating platforms (such as iOS and Android), their fees, and their terms of service to see which one is the best match for your business. Most of the actual card readers are free or cost $10 or less, but you must pay small processing fees that generally vary between companies. Additionally, Square has a stand for the iPad that will turn your iPad into an actual point of sale machine, allowing you to use in brick-and-mortar businesses like stores and restaurants. The stand is $99. >> https://squareup.com/stand If you are doing business solely online, you’ll probably want to use a regular payment processor. The most popular one is PayPal, but there are a few others you could consider if you happen to not like PayPal for whatever reason. >> http://www.paypal.com >> http://ww.payoneer.com >> http://www.2checkout.com >> http://wallet.google.com Business Startup Lab

  19. Conclusion Starting a business requires a lot of careful thought, planning and preparation. If you get started without taking all of these things into consideration, you will likely find the road to profitability a long, bumpy one, if you manage to make your destination at all. If you are averse to risk, you have trouble motivating yourself, or you’re not a very organized person, you may want to reconsider opening your own business, at least until you work on these traits. But if you’re ready and willing to work hard, you’ve got the drive and determination, and you’ve successfully completed the steps outlaid in this book, you will be well on your way to starting your own profitable business in any field you choose. Just be sure you follow these steps carefully, especially when it comes to taxes and legal issues such as licensing and zoning. The last thing you want is legal trouble for your new business, as it could close your company before it’s even started! Good luck with your new business! Business Startup Lab

  20. Resources You Can See My own Products: PLR MONSTER Get LIFETIME access to 2000 Products Ready to Sell - For ONLY $7 - keep 100% of the profit App Builder Start Your Own Apps Empire! App Builder $9/year, UNLIMITED Apps, Get Free $1100 App Marketing Easytube Youtube Page 1 in 1 minute Easy System - See How All My Videos Rank Page 1 in Youtube, Yours Can Be Business Startup Lab

  21. Call To Action Videos Double Your Video Conversion! Get 52 Call To action Videos With REAL Actors + Video Mixer Software Video Bomber Bomb YouTube With UNLIMITED Unique videos in Just Few Clicks, Fast and Easy Software! Instaquote Get Unlimited Facebook,Instagram,YouTube Unique content! Create STUNNING 100 Quotes in 7 seconds! YouTube Rank Checker Business Startup Lab

  22. YouTube Rank Tracker - Track Fast & Easy Unlimited Keywords & Videos Ranking - $7 One Time Payment! Business Dashboards Dasheroo Track your important KPIs for overall business analytics, web analytics, marketing, social media and sales, in one great-looking free business dashboard. === Actoboard With Actoboard you can create beautiful dashboards to display the data that matters. Stay informed in real time and make better decisions. === Klipfolio Klipfolio is a dashboard software for teams who want to continuously monitor the health of their business. === Geckoboard Business Startup Lab

  23. Use Geckoboard to build clear, effective data dashboards for your business that keep teams informed, motivated and aligned around your KPIs. === AppInsights AppInsights lets you create and share real-time business KPI dashboards that will inform, unite, and drive your company towards meaningful action. === Work Smarter Not Harder! We all know that using internet marketing tools can help us get big success However, did you know that using best internet marketing tools is THE key element for real success of your business? Here is why we must use marketing tools: Business Startup Lab

  24. Use tools can help you Earn more money! Save more time! Because For almost every paid tool you can find a free alternative one! Use tools can save you time because when you have the best productivity tools, you add more hours to your day! Need more customers and more leads? You must know the best tools nowadays for you to collect emails fast and easy. Do you want your site to reach higher rankings? You will find in our guide top popular SEO tools for free and also paid ones. Do you feel that you waste a lot of time working on social media marketing? We have gathered in top tools the best top social marketing tools for to automate your social media marketing. Don't know which content to write for your audience? Business Startup Lab

  25. You can find in this guide top tools that give you top ideas to generate the best texts filled with interesting content. This big list of top internet marketing tools includes almost every tool you’ll ever need to master every aspect of a digital marketing campaign Feel free to share this guide with your friends! They will definitely be thankful! ALL 100 TOP TOOLS CATEGORIES Content Curation Tools Social Media Tools PPC Tools Content Optimization Tools Rank Tracking Tools Tops Keyword Research Tools Business Startup Lab

  26. Keywords Ideas Tools Technical Seo Tools Top Seo Tools Link Building Top Seo Tools Top Landing Pages Creators Twitter Trending Topics Twitter Tools For Images Twitter Hashtags Top Twitter Tools Top Facebook Tools Business Startup Lab

  27. Top Lead Generation Tools Top Autoresponders Tools Build Email List Tools Top Niche Research Tools Top Trends Tools Ecommerce Software Screen Capture Video Audio Tools Gif Creator Tools Free Banner Creators Tools Top Online Contests Tools Business Startup Lab

  28. Twitter Tools Twitter Analysis Management Tools Competitive Analysis Tools Backlink Investigation Tools Tools For Writers Instagram Tools Notifications Monitoring Tools New Launch Products Sites Question And Answer Sites Push Notification Tools Business Startup Lab

  29. Time Management Tools Webinars Tools Heatmap Analytics Tools Free Wordpress Tutorials Website Templates builder Tools Website Testing And Analysis Tools File Sharing And Data Storage Tools Brainstorming And Mind Mapping Tools Top Interstitial Traffic Networks Top Solo Ad Traffic Sources Business Startup Lab

  30. Top Native Ads Traffic Networks Top PPC Networks Top PPV CPV Networks Top Mobile Traffic Networks Infographic Submission Sites Free Video Submission Sites Free Article Submission Sites CPA CPM Aff Networks Mobile Marketing Tools Scraper Extractor Tools Business Startup Lab

  31. Support Tools Graphic and Design Tools Efficiency Tools Virtual Assistant Sites Top Outsourcing Tools Traffic Analysis Tools VPN Tools Integration Services Tools Social Media Analytics Tools Url Shortener Tools Business Startup Lab

  32. Content Ideation Tools Domain Name Idea Generators Domain Appraisal Tools Domain Email Tools Business Dashboard Tools Increasing Influence Payment Gateways Tools Project Management Tools Customer Support Website Monitoring Tools Form Builders Business Startup Lab

  33. Website Builders Image And Cliparts Sites Design Tools Video Creating Tools Surveys Top Outreach Tools Top Live Chat Tools YouTube Marketing Tools Mobile Marketing Tools Top Heatmaps Tools Business Startup Lab

  34. Top E-learning Platforms Top Content Tools Cloud File Storage Top Affiliate Marketing Sites Top Analytics Tools Top Social Advertising Tools Content Creation Tools Social Analytical Tools Monitoring Sharing Tools Internet Marketing Top Forums Business Startup Lab

  35. Internet Marketing Newsfeeds Internet Marketing Top Sites Business Startup Lab