Start Your Business

Starting a business is risky. Understanding the risks and reducing them through careful planning improves the chances for a business to succeed. You should be fully aware of the implications of owning your own business. Before you pump your life savings into a small business, consider the process of starting a new business, from thinking about it, to planning it, to actually doing it.

Is there a market for your product or service? If so, how much income can you expect to derive from it? How much will starting a new business cost you? Can you afford a lengthy "red ink" period following startup, as well as periodic lulls in cash flow? Can you afford to fail? Will you be able to obtain the necessary financing for your business? If so, from where? What potential legal liabilities are you exposing yourself to by starting a new business? Are the costs of protecting yourself worth the trouble? How can you learn more about your chosen industry and about the resources that are available to help you?

Finance a start-up

http://www.ehow.com/how_107753_finance-business-idea.html

http://www.colorado.gov/cs/Satellite?c=Page&cid=1165009699726&pagename=OEDIT%2FOEDITLayout

Buy a business

http://smallbusiness.aol.com/start/startup/article/_a/how-to-buy-a-business/20051214220609990001

Buy a franchise

http://www.smallbusiness.com/wiki/Buying_a_franchise

http://www.entrepreneur.com/franchises/buyingafranchise/howtoguides/article36328.html

http://www.allbusiness.com/buying-exiting-businesses/franchising/2976250-1.html

Name your business

http://entrepreneurs.about.com/cs/gettingstarted/ht/business_name.htm

Choose a legal structure