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5 Things to Consider When Creating a Startup

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Do you have an idea that you think could
become something bigger than yourself? Most people who have started their own
companies say they did it out of love. Is there something you are passionate
about that you feel has business potential? 

Startup company owners say that’s the key.
Going to bed happy and waking up excited to head into work.  Here are some
tips on how to love what you do. The unfortunate statistic is that 71% of new
businesses will fail within ten years.  Here’s how to
make sure your company can beat those odds and stay successful for years to
come.

Make
a Business Plan

Those who come into their own when starting
up a business have a clear business plan. With this blueprint and your
forward-thinking, you can get a loan or find investors who share your vision.
It can all come to fruition through proper planning. 

It’s easy!  Outline what you want to
do and how you want to do it. Business plans usually outline the first 3-5
years of a company’s life. 

Surround
Yourself with the Right People

Yes, you know your vision; it’s your dream.
It will be a small team at first, but you need to ensure everyone shares the
same long term goals. Remember, you have to see these people every day, so it’s
important for you to surround yourself with like-minded people. Your priority
should be a lawyer, an accountant, and financial advisor. 

Location,
Location, Location!

No matter what type of business you’re
starting, location is key! It doesn’t matter if you work at a coffee shop, an
office, or a store. You need to ensure you have space that is functional and
accessible. When it comes to things like the building and parking, it’s better
to buy; although buying is more expensive in the short term.

Create
a Website

While creating a
website may seem daunting, it’s not that hard. It is also great to advertise on
mediums that are easily accessible to people, like local search results which
you can top with the help of YEAH! Local. People use their phones for
everything, so why not create a site and social media, and find potential
clients where they are already spending their time.

R&R

Don’t forget to rest and relax every once
in a while. If your working from home, don’t feel the need to throw on a
three-piece suit. Why not wear these comfortable neon
trees patterned shorts instead? They have multiple pockets, are made
from a microfiber polyester blend, and have an adjustable wasteboard, allowing
you to blend style and comfort. 

You
Can Do It!

There’s no stopping you from fulfilling your
dreams of working for yourself! If you have a great idea, run with it. There
are so many opportunities out there for entrepreneurs, so why not try to make
your dream a reality. If you have a new and exciting idea for a product that
fills a niche, go for it!

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