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The first week of May is National Small Business Week, where we celebrate entrepreneurs and recognize all the hard work it takes to start a business.
Many people across the U.S. have a business idea or entrepreneurial aspirations – but not everyone takes action. For some, this inaction is simply due to not knowing the essential steps involved in starting a business. Though every startup process looks a bit different, this post provides a basic guide.
Once you’ve decided to start a business, it’s time to get organized. Launching usually doesn’t happen overnight; you have to think of everything from legal paperwork to marketing. So it helps to break these tasks into manageable to-do list items. This checklist provides a great starting point for those just getting up and running.
Most businesses require some level of investment from the founding team. However, it’s not always possible to dedicate tons of resources to your startup. Luckily, there are options for starting a business without any financial commitment, from sticking with your day job to seeking investors. Here are some tips for getting started without your own funding.
Whether you plan to seek funding, bootstrap, or start without any major resources, it’s important to understand what your business idea may cost. Each company has different needs for things like location, inventory, and licensing. So this startup calculator may help you dive into your own financial reality before getting started.
Getting your finances in order is just one part of running a new business. Your company idea is perhaps the most important factor that contributes to your potential success. Here’s a full guide to developing your idea and making sure it’s ready for launch.
If you have a startup, getting featured on Small Business Trends may help you reach more potential clients or build your industry expertise. We’re looking for new businesses with unique ideas to feature this month – reach out here for consideration.
Additionally, we’re always looking to feature businesses that serve startups and small businesses. If you have something unique to offer our small business community, contact our editorial team to share your story.
We also offer advertising opportunities for those looking to reach startup entrepreneurs and small business owners. Read more about media and sponsorship opportunities with our small business readership.
This article, “May is the Perfect Time to Develop Your Business Idea and Launch a Startup” was first published on Small Business Trends