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Thursday, 20 November 2008
The Five Next Steps
If you successfully filed your articles of organization or incorporation, you are ready to move to the next steps before you can hang out your shingle. The following steps should get you headed in the right direction1.
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Forming The Business
After you have formed your idea using the techniques I described in the previous post, its time to get legal. If you are selling a service, you can begin selling right away and simply pay taxes on the money you receive. If, however, if you will be selling products (even if you are reselling small products as part of your service), you have to get a vendor’s license. In order to get a vendor’s license, you have to have a “real company”. In any case, I recommend forming your company legally right away because it keeps things clean, and provides you with some extra motivation.
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Brainstorming: The Art of Developing an Idea
The first phase in developing a business is the idea phase.  Of course every business begins with an idea, but the idea has to have some meat on it before you can even think about starting a businesses.  So, first things first, here are five steps to help you get your idea together.  Before beginning these steps, make sure you are going to be in a comfortable environment, free from distractions for as long as it takes.
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