BUSINESSTOWN Should You Start a Business?

Will a Home Business Location Work for You?

If you are debating whether to set up an office in your home or lease commercial space, think seriously about keeping the office in your home if you can. Unless you are operating a retail store or expect clients to regularly visit your office, your face to the world will be your products, your services,... READ MORE

Finding New Business Ideas In The Everyday

It’s a Terrific Time to Be Starting a New Business! The world is changing. It’s changing fast. Change favors the new guy, the new business. The most obvious changes are impacting the business landscape in a big way, such as advances in technology, high-speed Internet, mobile Internet, social media, and so much more. In addition,... READ MORE

5 Myths About Starting Your Own Business

Myth No. 1: You Need a Lot of Money to Start a Business That just isn’t so. There are plenty of businesses you can start with virtually no money. With most of the many businesses I started, the total investment was less than $2,000. Some I started with literally no money at all. You can... READ MORE

Buying a Business: 11 Critical Issues

Perhaps the most solid way to improve your chances of succeeding in your own business is to buy an existing business. If you put the same effort into improving an existing business that you would otherwise put into starting a new business, the results can be powerful indeed. Change Your Business Approach Most people, when... READ MORE

Your Business Plan IS Your Business

Having a great business plan is absolutely, positively the single most important thing you can do to ensure the success of your business. How Important Is Your Business Plan? It is generally more important than raising all the money that you could ever need or even hiring the very best employees that you could possibly... READ MORE

What Is a Strategy and Why Do I Need One?

What Is a Strategy? A company strategy is the unique formula for success that forms the foundation of a business plan as well as serving to govern day-to-day operations. This strategy is not a business definition and summary of pertinent markets, but instead, it is an account of the one or two key factors that... READ MORE

Buying a Franchise: Pros and Cons

The Pros Proven Business Model A huge positive of buying a franchise is the momentum and track record of the franchisor’s business model. Of course, it’s possible that the momentum is reversing or the track record is terrible, but this is all information that you can easily find and figure out. This is another great... READ MORE