* We begin by assuming that you are in the business you love. If you are not, the first tip we have for you is that you find something about it to like or move to something that you are passionate about.
* Cash! Plans! Cash forecasting and financial plans are next on the agenda. A planned budget, a measurement process, both short and long term will help your business start up. It's imperative that you know your projected income or revenue and cash expenditures to drill down to your cash flow.
* Research your business, your competition, and the industry and stay current and then define your USP. (Unique Selling Proposition) Read, read, and read! Get start up advice, join organizations that will help you, get on to the net and do all your homework there.
* If you can differentiate and find that USP, leverage it to the maximum.
* It helps to establish and fall back on a trustworthy mentor or advisory board. It could even be family, someone whom you can bounce ideas off, and get an objective opinion on your USP among other factors.

Hi

For most potential entrepreneurs, the hardest part in deciding to start a business is simply coming up with small business ideas.

The ambition and drive are certainly there – the challenge, however, is finding and feeling confident about the right business concept.

Since you’ve come to this website, our guess is that you’ve dreamed of starting your own small business for quite some time now.

Maybe a friend has succeeded in her own business. Perhaps small business ownership runs in your family. Or is it the fact that you’re just bored with the daily grind?

Why haven’t you pulled the trigger? What’s holding you back?

Based on our research, the three primary reasons that people who want to start a business but haven’t are:

Fear of Failure – The fear of not succeeding simply paralyzes the potential entrepreneur. A lack of confidence “freezes” any chance of getting started.

Lack of Capital – Not having enough money to fund a startup or sustain one’s family during the beginning phases of the business are concerns that keep many of us locked behind our desk in a nine-to-five grind.

Limited Ideas – Believe it or not, many potential business owners never get started because they have trouble coming up with small business ideas. They lack that special creative spark that ignites the business flame.

While all three of the above startup concerns are valid (and need to all be addressed), the purpose of this website is to help you with the last point – coming up with profitable small business ideas.


Thanks