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Weekly CareerTHEME
 
click for more Start your own business?
"Entrepreneurship" - the 2nd highest listed career goal according to mygoals.com. Starting your own business can be risky. Win or lose - it can be a lot of money! This week's career tips can decide.
U.S. Small Business Administration
Maintaining and strengthening the U.S. economy by aiding, counseling, assisting and protecting the interests of small businesses.
Small Business Development Centers
There are more than 1,100 centers located around the country. Find the one closest to you.
Women in business
Help for women starting businesses
Entrepreneur Magazine
Tremendous resource for learning about starting or buying you own business.

Daily CareerTIP® Advice
 
Monday - Are you ready to start a business?
There are no guarantees. No way to eliminate all the risks. But, you can improve your chances. Start by evaluating your strengths and weaknesses as a potential owner and manager of a small business.

 
Entrepreneurial Test
Are you entrepreneurial enough to build a business?
  
 
Tuesday - Top 3 reasons why new businesses fail
According to the U.S. Small Business Administration, over 50% of small businesses fail in the first year and 95% fail within the first five years. The top 3 reasons for small business failure according to "Small Business Management" by Michael Ames: 1. Lack of experience. 2. Insufficient capital (money) 3. Poor location.

 
Are you ready to start a business?
Improve your chances of success with good planning, preparation, and insight.
  
 
Wednesday - Basics in starting a business
The first four steps in starting a new business: 1. List your reasons for wanting to go into business. 2. Next, determine what business is right for you. 3. Identify your business niche. 4. Take the pre-business checklist.

 
Free Online Entrepreneurship Course
The course is interactive with audio sound bytes, quizzes, feedback and an online tool to create your own business plan.
  
 
Thursday - Is it better to buy a business?
The main reason to buy an existing business is the drastic reduction in start-up costs of time, money, and energy. The biggest block to buying a small business outright is the initial purchasing cost.

 
Buying a Business
Many find the idea of running a small business appealing, but lose their motivation after dealing with business plans, investors, and legal issues associated with new start-ups.
  
 
Friday - Do you have a new business idea?
Most of us have had an idea for a new product or service only to dismiss, postpone, or neglect it. Sometimes we later find that others had the same idea, but took it to market before we did. By that time, it is too late for us to take advantage of the idea.

 
Protecting Your Ideas
It is not easy to think about ideas as property, but for some businesses it is vital.
  
 
Saturday - Financing your new business
While poor management is cited most frequently as the reason businesses fail, inadequate or ill-timed financing is a close second. Whether you're starting a business or expanding one, sufficient ready capital is essential.

 
What you need to know before asking for money
Before inquiring about financing your new business, ask yourself these questions.
  
 
Sunday - Business counselors for free
Wouldn't it be great if there was someone to provide counsel and training for free? There is! Get help from the Service Corps of Retired Executives (SCORE), as well as from Someone Who knows more than anyone: "Our Father, Who art in heaven..."


 
 

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