How to Start a Business - This is an artical by Tom Taulli, that came out in the New York Times that I thought may be of interest to the startup that visit our site. Here is a link: http://www.nytimes.com/2009/09/03/business/smallbusiness/03sbizguide.html?ref=smallbusiness
Here is the artical:
You’ve made the huge decision to start a business. As you probably know, most efforts to start a business end in failure. Fortunately, there are things you can do to guard against wasting time and money and improve your odds. While every business is unique and comes with its own set of problems and opportunities, there are some basic steps — writing a business plan, proving the concept, raising capital, choosing a legal structure — to consider when getting started. Let’s take a look:
Writing a business plan seems like a chore, but it’s critical. It doesn’t have to be formal or long — just a few pages is fine. But try to cover the basic sections, especially if you expect to make a pitch to investors or lenders. These sections should include an overview of the business, industry background, the product or service, the business model (how will you make money?), the strategy and the team. For guidance, take a look at Score’s business plan