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,the Small Business Forum is a business
unit of The InterConsultGroup
help you start your own business venture. We will support
medium, small and micro businesses to create the
right business and administrative structures and control
mechanisms for operating successfully in the market
When you start a
business, you have to go about in a planned way, so that
your venture and your efforts, have a reasonable chance
of success. Before you start a business plan or
look for financing, you have to be clear in your own
mind, what your business will be all about.
"I want to make millions" is a good
premise, but not a sufficient one
to start a business.
How to Start a
Business: Testing your own Abilities and Selecting the
"right" Business for you
These pages are
there to help you in your effort to create a viable
enterprise. We start with an assessment
of your own abilities. Because, that is
the key to your success.You
are the initiator, and you are the guide, that puts it
all together. Knowing yourself and your own
short comings, within the context of starting a
business, takes on a whole new meaning.
If you don't know
something, or if, for instance, you are not good at
organizing yourself or the world around you, it does not
mean you cannot start and successfully run a business. It
simply implies, that you need help in those areas. But,
in the first instance, you have to know, that are not
good at that! That is what self assessment is
all about: Know yourself!
The next step
is to select a business opportunity that really
interests you and which, in your opinion will provide a
viable long term future income. You might very well bring
something with you from your past which you want to
develop and expand. That is a great idea.
Because, presumably, you will bring with you expertise,
that will make up the initial core of your saleable
business opportunity. Having gone through a self
assessment,you should now be easily able to
match what you want to do,
with your abilities to do it.
If you are
looking for a business
opportunity, rather than
bringing one to the table, you will have to
seriously evaluate, how you and your personality
can take the business idea and turn it into a viable
venture, that will remain around for you to grow and
prosper with it. We give you, on two, three pages, some
business ideas and some low priced products,
that help you build from the initial idea. There are some
or counseling opportunities with low
cost business entry. There is also a page on
Franchising and how to go about selecting a
franchise. Over time we will add ideas that we judge
viable and not some "pie in the sky".
We have also started a
blog, where you can ask questions or make
comments on topics on the blog, or generally about
business. Use it,
so that it becomes a valued life forum
and a genuine place to exchange ideas.
Business: The Business Plan
next step, step number three, will
bring your initial work together. You will be
starting to write a business
plan that will help you, "grosso
modo" (in "large
junks") look at the enormity of your
undertaking. Hopefully, you will
still be full of enthusiasm as you
get to the details of what you have to do to "lift
your baby out of the water"! You don't
want to become one of the victims of the three
to five year early business infant deaths!
Agood initial planning and evaluation
effort will reduce the risk of that happening.
You can use our template of a business
plan to put some order into the chaos. If you get stuck
or want to talk issues through with someone, the Small Business
Forum offers a variety
For a small
fee, we will review the
Business Plan which you have created, and
suggest any changes that we perceive as increasing your
chances of succeeding.
don't have to use our review mechanism, if you use our
template! Alternatively, for a prepaid fee,
we write the Business Plan for you.
e-mail us for a
quotation.There are obviously various approaches to
establishing a business plan for a new venture.
Business Start-Up and for the Small Business Owner, there
are many other suppliers of business plans. Some are
tailor made for a very large variety of businesses. For
Business Plan offers simple
step-by-step instructions. It is a complete Business
help you use will depend on your own sophistication and
understanding of the process. Some of the plan aids
offered in the market tend to be complicated, others
simple and easy, but not less helpful. If you have little
experience, you might want to use an easily
understandable system, rather than create
your own. Some of these are shown below, or you can find
them through a search at Google.
some third party products that are easily understandable.
a Business Plan
Here you will find prepared Business Plans
for a large variety of businesses with an easy
step by step set of instructions to guide you
through the creation of your own personal
business plan. It will include all the help you
need. An incredible worth for only
To Write A Business Plan Made Easy
Everything banks, lenders and the SBA look
your business plan quickly and easily... For
entrepreneurs and small-business owners. Find Out More...
Why is writing your business plan so important to
This is the question you will need to ask
yourself over and over again.And once you come up
with the answer that is right for your business,
you will be ready to get started preparing your
business plan.Your business plan can provide
potential lenders with details that may help you
with getting financed.
The type of plans shown above have been
used by us and are easy to comprehend. If you feel the
need and it makes you feel more assured, we will review
the plan, once you have written it for a small fee.
are satisfied with your business plan, you will start
with step four, the implementation
phase. In your business plan you have
touched on many different issues. Now, you have to
convert them into real actions, so that your venture
moves from an idea to a real substantive subject.
Incorporate and what you have to know about Incorporating
first questions you probably want to answer is whether
you should incorporate your business, what incorporation
brings you, what type of corporation you need, how much
it costs and where to incorporate. We have created a page
in Why and
how to Incorporate, that should
answer these questions. If you want to do all this
yourself rather than contract some outside help, you will
find the state
offices to do this here! But we strongly
recommend that you use an incorporation agent to help
Tools from Accounting to Product Definition and Marketing
to Creating an Internet Presence
that the first
issues to be tackled should be the selection of the
accounting system. Since you will
already have made some expenses during the planning
phase, you should start a disciplined method of
collecting the records of these expensed and record them
in an easily understandable way. Starting now with an
accounting system, also has its advantages. Because, it
is likely that you have few transactions, at this state
of the game, you can actually learn how your
accounting system works. Something which might
be more difficult at a later stage.
between your learning process, you might
have time to read something.Below are some texts, that
could be of interest!
One of the key issues in your new business
will be your cash
management. More start-ups go out of
business, because they cannot manage their cash properly,
than for any other reason. It is singularly the most
important item in your agenda, and it would be a good
habit to look at your cash position, as the first order
of business every morning you enter the office!
important step will be to identify your clients and
customers. Without them, you will not have any
business. You have already done some work in your
Business Plan. But that needs refining. You need lists
of potential and existing customers with names of
contacts, phone numbers, e-mails and comments about
buying habits or any other thing you think is
important. There are commercially available programs for
that, but if your customer list is small, you can start
off doing it manually on a sort of manual spreadsheet.
have planned your business, set
up some "basic systems" and defined
your products, you have to make
your products ready for the market. Getting the
right selling tools is important. As is, knowing how to
propagate the products in the market. You want people
to know about yourself and about your fledgling company.
We have some
tools that help you get the customer relations
right. There are many ways of managing that aspect of the
business. The tools on our pages might "jug
your memory" and help you to select
the products that you will find useful.
Business and the Internet: Some things you need to know
have an Internet site, marketing
that site and making it known to the public will be an
important issue, especially if your business depends on
it. There are a whole host of specialist products that
help you in that task. Not all of them are needed, even
though they might be useful. We offer several pages that
deal with Internet
issues or products that help you.
addition, we will provide a growing list of Business
Resources and a series
of useful Software Business Tools. These might range
from office suppliers to furniture, or printers . The
Links are to sites that help the small business
owner (or the larger one), and the
start-up, to find the right resources for their
Frequently Asked Questions and a Link Page
Asked Questions may provide some answers to your
questions. If you would like to know something specific
and think that the answer to your question has general
appeal, send it to us and we will add it to the FAQ's.
also find an extensive link page that provides you with links to
Small Business Forums and Government
sites concerned with small business issues.
what are you waiting for? Start your business now!
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