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How to Start a Small Business

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Opening a Small Business?

Are you thinking about opening a small business in the near future, but find that you are not sure where to start?

The Startup Process

Opne for BusinessBelieve it or not, getting from the point where you are developing a business idea to actually opening the doors is a process with 10 clearly defined steps!

  1. Generate a small business idea or two,

  2. Develop a business model based on your idea,

  3. Investigate the market that you intend to operate in,

  4. Analyse your strengths, weaknesses, opportunities and threats (SWOT Analysis),

  5. Determine the profit potential of your business model,

  6. Develop a business identity,

  7. Select a business legal structure,

  8. Research your options for business premises (if necessary),

  9. Develop a business plan, and

  10. Seek funding for your new business,

On this site you will find information about each of these steps to help you work your way through the process!

Types of Small Business

If you are considering starting a small business, it may pay to consider the many types of small business to identify the right one for your new business.

Will your small business startup be a retail, service or manufacturing business? Will you operate your business online or offline?

All of these options will affect many of the decisions you will have to make about how your small business should be set up, how much small business startup funding you will require and how the business will operate.

Small Business Ideas

If you are not sure what type of business you want to open, check out this list of small business ideas. You never know, one might just jump off the page at you!

Of course, the list above is by no means comprehensive. It may be that the idea you finally select does not appear amongst these small business ideas. The list is just a starting point, and is not intended to provide detailed instructions on opening a small business.

If you do happen across an idea that appeals to you, you still need to work your way through the information on this site to develop your business model!

Small Business Startup Guides

If you are looking for more detailed instructions on how to open a particular type of business, you might find just what you are looking for here. On this page you will find links to general business guides like the How to Develop a Business Model Small Business Guide, as well as specific guides designed to help you to start a particular type of business.

More Small Business Startup Guides will be added as I develop them, why not bookmark this page (or add it to your favorites) so that you can pop in occasionally to check out any new ones!

Help Starting a Small Business

Do you need help starting a small business?

One way to get the help you need is to engage a small business coach. Small business coaching is proved to work when these two factors are present, if the client is willing to grow, and if there is a gap between where they are now and where they want to be.

That is all that is necessary for you and your coach to work on solving problems, opening a small business, turning a failing business around, increasing sales and profitability, designing and implementing a plan of action, or creating whatever else is called for to ensure that you have what you need or to get more of what you want.

Resources About Starting a Small Business

While developing this site, I have come across quite a few really good resources that many of you will find useful as you are working on opening a small business. The resources on this page include reviews of small business books, links to small business information web sites, small business forms and templates that you can download and use for your business.

Small Business Owners

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