When is the best time to open a small business ?
Spring time, of course
Summer – everyone is out and about
Definately just before the holidays
January; 1st month of the year
Well, you guessed it, all of these and any of these are the
the best time ….if –
You’ve done your homework (research and more research)
You have your funding in place – do you know how much you’ll need
Online business – is your idea trending
Is your niche a solid one
Brick & Mortar – have you secured the optimum location
Do you need or have a partner
Employees – how do you find them
Chosen the right legal entity
Addressed tax and licensing issues
Evaluated the competition
Discussed with your family
Know where to go when you don’t know where to go
Do you have an exit stratergy….should you
Are you ready ? Are you ? Now ? Is now the right time ? In the end only you or your team can make that decision. The number of factors are many and they vary according to the type and size of new startup. Is yours a one person business or will you be a corporation with many employees and a corporate board ?
Well there are so many questions, so many important decisions that it may seem that your idea may never get off the ground. Many don’t, usually for a good reason. Most often owing to the fact that they don’t have or know the answers to one or more of the questions posed above.
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We Know Everything.……not even close but we know where to go to get the info and help you need. So if you have a question or are in search of some help or direction please look us up www.best100smallbusinessideas.com or send an email to firstname.lastname@example.org