Start A Business For $200 Part 3
_________________________
This article is by Tory Johnson from ABC’s Good Morning America. Tory is a workplace contributor for Good Morning America and she is the CEO of Womenforhire.com. Tory Johnson is someone I would love to meet and/or interview for my blog Tough Questions? Great Answers! This is a relatively new blog with B5media and is about to be launched! In any case, take a look at her great article Start a Business for $200. This is part 3 of 3. Take a look and see if there is anything here that will help you move forward and start that new business.
__________________________
Making it Legal
Legal issues are important considerations — both to protect yourself and to comply with the law. Check with your local chamber of commerce to inquire about city, county and state requirements for permits and licensing. You might need to file a form for a simple business certificate, or you might want to consider incorporating. They’ll also be able to advise you about sales tax certificates.
The type of legal business structure you ultimately opt for is often directly related to your liability and risk. For example, if you’re a home-based painter, your liability is likely to be fairly limited. But if you’re also a painter who takes her work into someone else’s home to deliver and install it, your liability increases — and you will likely want to incorporate and purchase the necessary insurance to protect yourself and your business.
Score is also a perfect resource for this type of advice that’s specific to your location and your type of business. And your accountant or tax preparer can also be of some assistance.
Unless you’re truly inventing something brand spanking new, there’s a good chance that what you want to offer already exists. Do not worry! That’s absolutely fine — every day in New York I pass competing banks, coffee shops and clothing stores all on the same street. We all know plenty of lawyers and doctors. You need not reinvent the wheel to get someone to buy from you.
You have to make a good product and provide great customer service. And you need a fire in your belly to succeed. Start today, because if not now, when? Don’t delay your dreams!
Related Stories
POSTED IN: Mindset, New Ideas, Sharpening The Saw
0 opinions for Start A Business For $200 Part 3
No one has left a comment yet. You know what this means, right? You could be first!
Have an opinion? Leave a comment: