80 DAYS TO NEW YEARS! (#50)

New Business Survival Guide

Starting a new business involves more than just an idea and funds for the initial investment. There are numerous steps before you can open your door and actually conduct business. 

​It has now been over seven months since my initial idea to manufacture my Incredible Crooked Crackers. Each breakthrough in the process led to new problems. The process has been wearing with very little joy. I quickly learned that what I needed most was patience… Well, those of you who know me will agree that there is very little of this characteristic in me. I need everything to be done right away if not yesterday.

Here are a few things to remember if you want to start a new business.

1. Be patient.
2. As much due diligence as you may do, it is never enough. Take your time to do the bookwork before investing in your business.
3. Spend time to create the best name for your new business. You don’t want to file for Doing Business As if you all of a sudden come up with a different name!
4. Register your new entity with the Secretary of State.
5. Whenever a clerk tells you something, cross check it with at least two more sources.
6. Dig into all of the rules and regulations.
7. Don’t take no for an answer.
8. Watch who you argue with? You don’t need any enemies when dealing with bureaucracy. 
9. Always think about people as potential clients or customers. Compliment and thank every person that is part of your adventure.
10. Be patient.
11. Be patient.
12. Be patient.
13. Be patient.
14. Be patient.
15. Be patient.
16. Last but not least, be patient.

​It’s all about being patient! How much patience do you have?
 
Michelle