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Discover How You Can Start Making Your Small Business Dream Come True


As a teenager I worked for my father's small business. At18 I worked for a small video rental business owned by twopartners; there were 4 employees. At 23 I worked for anauto body shop, the owner was from Greece; there were 8employees. At 25 I became CEO of my family's smallbusiness; we have 15 employees. Today, I own a 3-employeeautomotive repair shop; an online business; a promotionallicensing business and I still consult for my family'sbusiness.

Today working in large firms with hundreds of employees oreven 50 employees is rare. Like most people I grew uparound small business and worked in small business. Thetransition to a business of my own seemed a naturalprogression. The time has never been better to get yourfeet wet. Small business is booming.

Consider these facts from the U.S. Bureau of the Census:

· 23 million small businesses in the U.S.; 75% of which haveno employees

· Small businesses represent 99.7% of all employer firms

· Small businesses employ half of all private sector

employees

· 44.3% of U.S. private payroll is paid by small businesses

· 60%-80% of all new job created annually are by smallbusinesses

Today, small business is the standard.

If you've ever dreamed of owning or starting your ownbusiness, clearly the climate has never been better. Butmaking your dream come true takes a few key strategies.

First, before starting any endeavor, do your research,education is the single most important factor to asuccessful new business. If no one wants your product or ifno market exists for your service you will spin your wheelstrying to survive.

Know your market, who are they? Does your product orservice exist? If so, how can you make it better? What isyour competitive edge? What are your competitors doing?

If your service or product doesn't exist, why should it?This is a tough question but if you cannot justify thepurpose of your product or service and the need it fills howwill you find customers?

The next step is planning. What will you need? How willyou get started? What is your first step?

When I'm looking to start a new endeavor, I jot down thegoal and then write down each and every task I can think ofthat will need to be accomplished in order to achieve thegoal. Organize all those items into an Action Plan and thenget started, one step at a time.

Getting started is probably the most difficult step. We allhave fear of the unknown. You need only one ability orskill? courage. Take the step, even if you feel like you'refalling from a tall building. I promise once you getstarted, you'll wonder why you didn't do so before.

Execution is where all the research and planning pay off.You've made your marketing plan; now just take it one stepat a time. Keep at it. Even if your first marketing tacticworks, keep at each and every one. If you send out 100fliers and start getting customers, do not stop. Followthrough on the next mailer or article. You must continueexecuting your marketing plan; this tactic will ensure long-term success.

Clearly it has never been a better time to start a smallbusiness. There are millions of small businesses out there;you are not alone. Seek out others for support. Startsmall to get your feet wet and start accumulatingaccomplishments. With small businesses creating 50% of thegross domestic product you can't go wrong.

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MORE RESOURCES:

8x8, Inc. Joins Small Business Bailout Efforts
MarketWatch - 7 hours ago
For a small business, this can result in significant cost savings as there is no expensive equipment to buy or maintain. Additionally, monthly service fees ...
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D-Link and NGT Partner to Drive VoIP Service Adoption for Small ... MarketWatch
This Holiday Season, Give the Gift of VoIP TMCnet
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SAIC Presents UAV Communications, Inc. 2008 Small Business of the ...
MarketWatch - 7 hours ago
today announced that it has presented UAV Communications, Inc. (UAV) SAIC's 2008 Small Business of the Year Award. Tony Moraco, SAIC senior vice president ...


Sky News

UPDATE 1-HBOS to provide small business support package
Reuters - 13 hours ago
HBOS also said it would guarantee pricing on Bank of Scotland small business customer overdrafts for 12 months from the date of arrangement for new loans ...
Bank of Scotland Announces Small Business Support Package istockAnalyst.com (press release)
Britain's clearing banks fast-forward aid for small business Daily Mail
Jeremy Warner: 'Not guilty', plead bankers on small business lending Independent
Mortgage Introducer - Manchester Evening News
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Wall Street Journal Blogs

Small-Business Owners Divided on Auto Maker Bailout
Wall Street Journal Blogs, NY - 2 hours ago
Many small-business owners vehemently oppose bailing out Wall Street. But what about Detroit and the Big Three auto makers? That’sa little more complicated. ...
Small businesses depend on auto industry rescue Detroit Free Press
all 2 news articles


Small Business Initiative Sponsors Education & Professional ...
MarketWatch - 5 hours ago
The Prince George's County Small Business Initiative has teamed up with Forrester Construction and the Prince George's County Public Schools to provide ...


Financial Roundup: LandAmerica Leaves Investors Hanging, GAO Urges ...
BNET, Ca - 4 hours ago
[Source: The New York Times] Credit not the problem with small business lending — An SEC panel says that credit is available for small business lending. ...


SBA Disaster Loans Available Following Secretary of Agriculture ...
MarketWatch - 4 hours ago
ATLANTA, Dec 03, 2008 (BUSINESS WIRE) -- The US Small Business Administration announces today that federal economic injury disaster loans are available to ...


Small Business Puts Healthcare Reform First
PR Web (press release), WA - 2 hours ago
Small Business Majority founder John Arensmeyer comments on new research from the Robert Wood Johnson Foundation that finds that small business owners put ...


Five Creative Ways to Start a New Small Business
Main Street Business Journal, UT - 32 minutes ago
Research by the US Small Business Administration shows that nearly three-quarters of all new businesses (with or without employees) survive two years or ...


CAC gets state grant for small business development
1330 WFIN, OH - 6 hours ago
A 60-thousand dollar grant has been approved for the Hancock-Hardin-Wyandot-Putnam Community Action Commission to support the development of small business ...

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