Tips & Tool to Starting Your Own Business


Video Credit: Lyn Allure


New Years Has Come and Gone. Now we are all trying to figure out how to stay true to those New Years Resolutions of Finally Starting your Own Business. But then you begin to think, "Where do I even start?". Taking the first step will often be your biggest decision to make. The daunting task however is figuring out kind of business to start. Below You Will Find 5 Tips to Starting Your New Business.



1. FIND YOUR PASSION

Take your time to discover what you are really passionate about. Don't be afraid to start a venture that someone else has already. Take personality and career tests like the one below to figure out your own strengths and weaknesses.



Take your own Princeton Review Career Test Here.


2. Find A Ficticous Name

Once you have discovered what you truly have a passion for, now it is time to decide on a fictious name to call your business. Make sure that the name you chose is something that is both catchy and easy to remember. Most importantly, however, be sure to research the name that you decide on. As a business owner, you do not want to use a brand name that is already legally reserved. Visit your local government office or website to check out the availability of your business name. Then you want to reserve that name in the next step.


3. Licenses & Certifications

You have now named your business and hopefully have done the research to be sure that the name isn't already being legally used anywhere else. The next thing you should do is reserve the name with your state government office as a DBA (doing business as). This prevents another entity from using your brand name as you complete your branding and licensing. You may want to look into resources such as SBA.GOV for resources on how to legally establish your business. Or you can seek the help of third party resources such as bizfilings.com.


4. Research and Planning

Now that you can rest assured that your business name only belongs to you, you can now start the planning. Every business needs a business plan and it can be a little overwhelming at first. A business plan is a road map for your business, that includes profit and loss statements, market research, budgets and so much more. If you aren't familiar with how to set up a business plan for your particular brand or business, you can use an online resource called LivePlan.




5. Pay Your Way

Dont expect anything for FREE, be prepared to pay your way. Whether you are ordering sample products, seeking mentorship, legal or business advice be prepared to pay. When you are seeking information and resources, remember time is money. Your time is money. So value and respect the time and resources that you are asking of others.


Are you interested in starting your own boutique, hair extensions line? We know how tough it can be to fund it all. So the ladies of Fabb Femme Radio have put together this vendor list with over 100+ vendors that includes apparel, shoes and hair just for you! The best part is... IT IS FREE!!!!


CLICK THE LINK DOWN BELOW TO START YOUR NEW BUSINESS NOW!!!


FREE FFRN VENDOR LIST HERE.










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