10 Steps to Starting a Business

10 Steps to Starting a Business

Starting a business involves planning, making key financial decisions and completing a series of legal activities. These 10 easy steps can help you plan, prepare and manage your business. Click on the links to learn more.

Step 1: Write a Business Plan

Use these tools and resources to create a business plan. This written guide will help you map out how you will start and run your business successfully.

Step 2: Get Business Assistance and Training

Take advantage of free training and counseling services, from preparing a business plan and securing financing, to expanding or relocating a business.

Step 3: Choose a Business Location

Get advice on how to select a customer-friendly location and comply with zoning laws.

Step 4: Finance Your Business

Find government backed loans, venture capital and research grants to help you get started.

Step 5: Determine the Legal Structure of Your Business

Decide which form of ownership is best for you: sole proprietorship, partnership, Limited Liability Company (LLC), corporation, S corporation, nonprofit or cooperative.

Step 6: Register a Business Name ("Doing Business As")

Register your business name with your state government.

Step 7: Get a Tax Identification Number

Learn which tax identification number you'll need to obtain from the IRS and your state revenue agency.

Step 8: Register for State and Local Taxes

Register with your state to obtain a tax identification number, workers' compensation, unemployment and disability insurance.

Step 9: Obtain Business Licenses and Permits

Get a list of federal, state and local licenses and permits required for your business.

Step 10: Understand Employer Responsibilities

Learn the legal steps you need to take to hire employees.

Startup Resources

There are a number of available programs to assist startups, micro businesses, and underserved or disadvantaged groups. The following resources provide information to help specialized audiences start their own businesses.

• Environmentally-Friendly "Green" Business
• Home-Based Business
• Online Business
• Self Employment
• Minority Owned Business
• Veteran Owned Business
• Woman Owned Business

You can save money when starting or expanding your business by using government surplus. From commercial real estate and cars, to furniture, computers and office equipment, find what you need for your business in one place.

The Power of Positive Thinking

Positive thinking is a mental attitude that sees the bright side of things.

A positive mind anticipates happiness, joy, health, and favorable results.

If you adopt this mental attitude, you teach your mind to expect success, growth and favorable outcomes.

There are people, who accept positive thinking as a fact, and believe in its effectiveness. Others, consider it as nonsense, and scoff at people who believe or accept it. Among the people who accept it, not many know how to use it effectively to get results.

However, it seems that many are becoming attracted to this subject, as evidenced by the many books, lectures and courses about it. This is a subject that is gaining popularity.

It is quite common to hear people telling others to "think positive", while these same people do not follow their own advice.

Most people don't take these words seriously, since they do not know what they really mean, or don't know how to change their mindset.

How many people do you know, who stop to think what the power of positive thinking means?

POSITIVE THINKING IS A WAY OF LIFE.

Always do your best!

Always do your best. What you plant now, you will harvest later.

Tomorrow a vision of hope!

Look Well to This Day

-By Effendy Zulkifly-

Look well to this day, 

For it and it alone is life. 

In its brief course 

Lie all the essence of your existence:

The Glory of Growth 

The Satisfaction of Achievement 

The Splendor of Beauty

For yesterday is but a dream,

And tomorrow is but a vision. 

But today well lived makes every yesterday a dream of happiness, 

And every tomorrow a vision of hope.

Sometimes, bad things are good.

Difference between a Positive Thinker and a Negative Thinker

Positive thinkers are usually happy people. & Negative thinkers are often the complainers.
A Negative thinker see a difficulty in every opportunity. & A positive thinker see an opportunity in every difficulty.

The positive thinker sees the invisible, feels the intangible, and achieves the impossible. & Negative thinkers are those people who spread negative vibes and spread negativity wherever they live and go.

From hopeless to hopeful...

Hope can be a powerful force. Maybe there's no actual magic in it, but when you know what you hope for most and hold it like a light within you, you can make things happen, almost like magic.