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Starting a business?

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I found that this article had some good advice to those wanting to start up a business:
http://tinyurl.com/6cjhb

Even if you have excellent IT skills, you may not have a clue what it takes to run a real business and make it last.

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by bfilmfan

According to some statistics that I learned in college many years ago, 3/5ths of all businesses fail within 5 years due to poor planning.

I would really recommend that anyone that is considering starting a business use the Small Business Administration's resources. The volunteers are often retired business people with loads of knowledge and advice.

by awfernald

I'm actually going through our local Chamber of Commerce "Fast-track" course right now (sponsored by the SBA).

Since I have many years of experience in business (mostly in South America do doesn't count in their minds here ;) and in dealing with budgeting, premises, etc... I thought that this course would be boring and not provide much of a benefit to me.

Well, the class is definitely NOT boring, though it still hasn't really presented much new information to me. HOWEVER!!!!! This class has given me a much better understanding of organizing the information I have, and given some excellent sources for both networking and for finding lower cost solutions.

I would check with your local Chamber of Commerce and/or the SBA (http://www.sba.gov).

Best of luck to you, and... if you have a good idea, do some good research, and make yourself a good plan (and follow it), then you have significantly increased the chances of your company being a success.

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