Start-Ups

Starting A Business - The Three "P"s

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Executive Summary

There are a lot of factors to consider when starting a business. Primary among these are the three "P"s - Plan, Prepare and Persist. After you have selected some ideas from your brainstorming to base your business around, create a plan of attack. List what you'll need before your business starts. What will your ongoing expenses be? Factors include rent, utilities, permits, licensing, legal fees, inventory, staff, design, marketing collateral, mailing lists, software, advertising and more. Get as much as you can out on paper and set deadlines to get things accomplished. This will allow you to evaluate your pace.

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