Way Before You Can Establish Your Business Structure You Will Need To…
Owning your own business…Wow, sounds impressive, doesn’t it? It calls up visions of huge office buildings and row after row of designers all with access so they can simply buy hostgator and spend all the rest of their time producing Web sites while you sit back and rake in all that glorious cash.
Okay first things first. Get your head out of the clouds. The office building is a desk in your spare bedroom (maybe). The rows of designers, nah… it’s just you. It’s time to quit fooling around go buy hostgator and get to work. You have a start up business to build.
There is a lot more to starting a business than just saying, “I want to start a
business.” There are legal requirements, forms, permits, licenses, and fees to pay. But before you attack the paperwork, sit down and decide just what it is you really needfrom your business.
Take some time to think carefully about your new venture and how you will judge your“success.” Think about what kind of hours you can put in at home, how hard you
are willing to work, and any other personal factors that might influence your
business decisions…
• Are you looking to make a little money from your Web site design hobby?
• Do you want to generate cash flow in your spare time?
• Would you like to work in the evenings to supplement the income from your
present job?
• Do you want to build a business that will let you work at home full time?
• Are you planning on becoming a major force in the Web site design market?
After you have given your “vision” some sort of framework, talk it over with someone else or a few people. Listen to what they have to say that is positive, don’t let them get you down or tell you that you can’t do it. That’s just them saying they don’t believe “they” could do it. But do listen to the positive suggestions and learn what you can from them. Don’t skip or rush this exercise. The clearer your goals are, the stronger your business foundation will be.
When setting up your hosting don’t monkey about[?spin] be sure to get the best hosting at the [spin]best price. To do that don’t delay, just go buy hostgator and get it over with so you can move on to building your online empire. Remember a really huge point made by the incredible P.T. Barnum of Barnum and Bailey Circus fame “A funny thing happens without promotion… NOTHING!” So, whatever venture you begin figure setting aside no less than 25% of total revenues for advertising and promotion. Or May I ask you how else do you think your business will ever grow?
Great! At this point, you are ready to establish…Your Business Structure… Go get Em.