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  • Renee: CEO Coach & Management Specialist 11:44 pm on July 25, 2010 Permalink | Reply
    Tags: copyright, , , ideas, , invention, inventor, patent, , , trademark   

    Should You Patent Or Trademark Your Idea? 

    Should you patent or trademark your idea or invention? At first when you are inventing things and coming up with ideas, getting a patent may not come to mind at first. Since you’ve got a great idea, product, service, process, business etc… And you want to put it out there for all the world to see. Then you’ve got to ensure that nobody else uses it or claims your idea. So therefore, you go & get a patent or trademark.

    In case you didn’t know a patent is a type of copyright granted from the federal government as a fixed-term monopoly to an inventor to prevent others from copying an invention or improvement to a product or process.

    So what are you working on or trying to invent? Many people come up with all sorts ideas and inventions. So if you feel like what you’re trying to invent or working on is going to be something simply different or revolutionary, why not seek ways to get a patent?

    When you file for a regular patent or trademark usually means that you’ve done your research, you’ve got your plans & invention together & you know that your product will sell, earn profits or be of some use on the market. If you aren’t sure about how well your product will do on the market then file a provisional patent. Filing a provisional patent gives an inventor time to fine-tune their product to meet the requirements of customers and the market. This still gives you ( the inventor) protection against your competitors. If you can’t do it on your own then seek the help of a patent or trademark attorney.

    Some people invent products to make money, change things etc… Some people don’t seem to realize that getting a patent can give their ideas or invention some protection. Depending on what you’re working on, you don’t want too many people to know about your idea until it’s finished or you have a patent for it. Because so many people steal inventions & ideas. Even when you do have a trademark or patent, some people will still try to copy & create knock-offs, similar products to yours. So whomever is the first to get their patent approved then they would be considered to be the 1st inventor or creator of said product. If you disagree & you feel like you were the first to invent a certain product or idea, you can always challenge that person in court or through the USA patent/ trademark office.

    That’s why you have to be careful about who you tell your ideas to & who you let help you. Depending on your idea, product or service, getting a patent or trademark for it could be highly important. If you need outsourced manufacturing, buyers or a license, it’s good to have a trademark or patent. Some manufacturers won’t help you if you don’t have a patent, trademark or if you haven’t applied for one. That’s something to think about. Sometimes for certain products, if you don’t get a patent & someone creates the same or similar product to yours, it could be hard to tell who the original creator is. Situations like that can create many legal battles. That’s something that you should try to avoid. Check out the United States Patent and Trademark Office (USPTO):http://www.uspto.gov/

    If you strongly believe that you have a good idea to patent or trademark, then file your papers with the United States Patent and Trademark Office (USPTO): http://www.uspto.gov/ . But first do research on the pros & cons of filing a patent or trademark. Also do research to make sure no one else has a patent for your idea. Then file your papers to protect your invention.

     
    • Outsourcing Philippines 1:13 am on August 23, 2010 Permalink | Reply

      Especially if the idea or invention you made is not easy. we should be very careful to that putting a trademark really important.

  • Renee: CEO Coach & Management Specialist 3:50 pm on June 15, 2010 Permalink | Reply
    Tags: concepts, , ideas, know how, knowledge, , , , ,   

    What Do You Know About Business? 

    You might say:”I know what I know and that’s all that I know”. So do you know a lot or a little bit about business? Depending on your level of business knowledge, sometimes you have to branch out and learn a lot more than what you already know. Developing & improving your business know-how or knowledge can benefit you greatly. The more that you know about business and your niche, the more of a competitive advantage you’ll have. There are many ways to be successful in business. But you need staying power, sustained success and it’s all about the knowledge that you have & how you implement what you know.

    So what do you know about business?

    Take advantage of what you do know, use it to plan better, develop new strategies, set new goals etc… For what you don’t know learn more about it such as strategy, planning, marketing ,your niche, business matrix, change, decision making, six sigma, take a training class, learn from other professionals etc…. Research and education is a continuous process in business. Once you gain the knowledge that you need, don’t stop, learn more. The more that you know the more you grow, especially if you implement what you know.

    Take the knowledge that you have and manage it correctly. Make notes, plan and set goals. You could look at it as knowledge management.  The goal of knowledge management is sustained individual and business performance through ongoing learning, unlearning and adaptation. Knowledge can play a crucial role in gaining competitive advantage. Knowledge Management is a branch of management for achieving breakthrough business performance through the synergy of people, processes, and technology. Its focus is on the management of change, uncertainty and complexity.

    Having an elementary or basic business know-how is very important. Once you have that down packed, then you can build off of that and develop a better business. Knowing about the basics can enable you to better plan and manage your business.  The basics can help you to better manage your finances & budgeting, arrange and run meetings and hopefully make good profits. You should at least have a basic understanding of how business works and the basic concepts of different business strategies. For the life of your business you’ll need to continuously educate yourself.The old saying that knowledge is power is so true in today’s business world.
    Your business acumen or knowledge is a concept pertaining to your knowledge and ability to make profitable business decisions. Developing business acumen is fundamental to your business alignment. It’s a basic understanding of how your  business makes money. Business acumen is gained by knowledge and can be gained by reading, studying & doing. It’s not about working harder, it’s about working smarter. By working smarter and using what you know, the world is yours.
     
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    • ups manufacturers in delhi 7:18 am on November 28, 2011 Permalink | Reply

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    • karl 11:28 am on December 16, 2011 Permalink | Reply

      Interesting topic.

  • Renee: CEO Coach & Management Specialist 12:43 am on April 14, 2010 Permalink | Reply
    Tags: , , , , ideas, , laser focus, priorities, , , time-management   

    Improving Your Business Focus Is Top Priority 

    Improving your business focus should be one of your top priorities. There are so many things that can be said about your business focus. Such as improving your focus in your productivity, sales, management, finances etc… You must have a vision. Having a vision can help to start your focus in the right direction.

    You should develop a strategy with ways on how to maintain your business focus. You can start out by improving your thinking. You must be good at thinking with a strategic purpose and create a visioning process. Focus, vision and strategy are required for success in daily life and business.

    Develop a vision-focused innovation strategy. Develop a laser focus & try to minimize a scattered focus. For developing a laser focused frame of mind; make a chart or list of all the things that you need to do, then prioritize them from most important and most urgent to least important and least urgent. If you have someone working with you, work on better collaboration.

    A scattered focus is when you’re all over the place trying to do a million things at once. That’s when you have no organization and little to no collaboration in your business. You might be getting some things done but not as much as you’d like. Sometimes it’s not an organized fashion.

    Don’t be tempted to merely focus on large business projects. Seek out smaller ventures that will help you to improve on your business.  The key is to have a big picture, but start small. Many times that’s where strategic planning & organizing comes in handy. Take things one step at a time. Develop a list or chart of an organized strategy about how to maintain things in your projects or business, how to improve on collaboration, management of your business or projects etc…. Keep your list or chart close to you so that you can refer to it to keep you focused.

    Improving on your working environment such as office organization, collaboration, office efficiency, management, paying attention to what needs to be handled first and foremost can improve your focus in your business or projects in many ways.

     
    • tips 8:57 am on April 14, 2010 Permalink | Reply

      Very good article ! Thanks !

    • Frank @ Merchant Loans 6:28 pm on April 15, 2010 Permalink | Reply

      It’s so easy to get overwhelmed. I like your approach to concentrating on the smaller things which will hopefully result in a larger impact on your company.

      • Clerical Business Solutions 12:39 pm on April 16, 2010 Permalink | Reply

        Hi Frank,

        So many times many people in business want to just rush right into bigger & better things when they don’t concentrate on improving smaller aspects of business. Many times this can lead to being so overwhelmed with many things & you just lose sight of your main focus.

        ~Clerical Business Solutions
        Onshore outsourcing solutions provider in business office management
        helping you with subcontracting, overflow work, outsourcing from start-up through daily management.

  • Renee: CEO Coach & Management Specialist 11:57 pm on April 12, 2010 Permalink | Reply
    Tags: , , , , , , , ideas, , , ,   

    The strategic planning process is future… 

    The strategic planning process is future oriented and consists of visioning, creating a mission statement, gap analysis, environmental scans, trend analysis, strategy development & benchmarking. By knowing this lets you know that strategic planning IS for the small business. Similar to larger corporations but on a smaller scale. Strategic planning helps to produce lots of ideas and written action steps. So get started on your strategic plan today!

     
  • Renee: CEO Coach & Management Specialist 9:53 pm on December 13, 2009 Permalink | Reply
    Tags: all, i'm, idea generation, ideas, just, , out, , , , ,   

    I’m Just All Out Of Ideas 

    I’ve been sitting here contemplating a lot of things and I’ve just come to the conclusion that I’m just all out of ideas. I just don’t know what to do next. But this business & related projects have to move forward, things have to get going. I just need new ideas. My team and I are waiting on the next “BIG IDEA”.

    We’re not concerned with small ideas, we need the next “BIG THING”. Seems as though we’re just getting little to nowhere with innovation & brainstorming.

    Does this sound like you or you and your team?

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    The recession crisis has had a big impact on businesses of all sizes. It has left many of them with little to no motivation for innovation. In the good or bad times of business you need to have innovation or brainstorm to get some. Instead of waiting for the next “BIG IDEA”, rethink about some old or small ideas. That could get you moving in the right direction.

    Sometimes you have to thoroughly consider what you thought was a small idea, bad idea or old idea and it could be a really good one. Waiting on the next big idea can be good but very short sighted.

    “How often does your company develop ‘big ideas’ and what is their impact?”

    In the area of idea generation, innovation & idea management, many businesses  may seem stuck in a rut. Idea generation & management is an emerging area of knowledge management that hopes to help companies capture good ideas and act on them.

    Whether you’re by yourself or with a team, you need ideas. Sometimes business just can’t be business as usual. Idea management systems and processes can help your company make innovation a discipline. Idea collaboration & innovation helps you to harness your company’s internal insight to save money & time.

    Business is created by ideas first. Developing business strategies involves idea generation. Once you’re in business you need ideas for design, engineering, manufacturing, marketing, advertising, creative problem solving, customer retention, etc… The difference between success or failure in business could be just one idea.

    Staying competitive means constantly innovating. Great ideas need to be captured and implemented so that they can produce results. Innovation & idea generation is no longer an option, it’s a core business competency to maintain competitive advantage & achieve growth targets. Companies that achieve significant outcomes are using a set of  processes & technology known as idea management systems.

    Your company needs to have a cohesive environment where you all can come together as one. If not, there needs to be room for improvements. Everyone won’t agree on everything but everything should be laid out on the table for review & further study.

    Entrepreneurs and business managers are often so preoccupied with immediate issues that they lose sight of their ultimate objectives. That’s why a business review & preparation of a strategic plan is a virtual necessity. A strategic plan is not a business plan. It’s a way  to organize your thoughts, structure your ideas and compile a short but comprehensive strategic idea plan for any size and type of organization. It helps you with your business management, idea generation, innovation etc…

    Whether you’re trying to come up with a blog post or making improvements to a product or service, sometimes you’re just out of ideas. Many times when you feel stuck you may feel like you’ll be stuck forever. But that’s just not the case, especially if you make time for brainstorming.

    No mater what business that you’re in, there’s always a need for creativity. Consider a few things to help you with your idea generation and innovation, such as:

    • Mind Mapping–the technique of arranging ideas and their interconnections visually on paper or computer. It’s a way to collect & structure ideas. It can be a powerful tool for managing your projects, your goals and even your to-do lists. Utilize mind mapping software, an innovation consultant, try it by yourself etc…
    • Read up on various business topics & your industry, the ins & outs, dos & don’ts, new/ old trends etc…
    • Review some of your latest work or past business operations or processes.
    • Utilize Strategic Planning–it must be flexible and reflect your company’s thoughts, feelings, ideas and shape them to fit your current project at hand or your company’s purpose, mission & regulations.
    • Utilize Virtual Assistance to offload & outsource distractions, outsource tasks that keep you from your core focus.
    • Utilize free or paid online idea management websites/ services, idea generation software or collaboration systems.
    • Think about what you’ve done in the past , rehash some old ideas or talk to others.
    • Improve your decision making skills to help you sort through ideas.

    Ideas come in all shapes & sizes and in depth brainstorming is a big part of it. Sometimes a small idea can develop into a big idea & lead to the next “BIG THING”. So try not to neglect or brush off small ideas, they may be worth your time and effort to investigate for long term success. They can be put on the back burner for later discussion or included in the idea at hand to make it even better. Big ideas are what you add to your marketing campaign or business operations to separate you from your competition.

    It’s a rat race out there and you do need the next “big thing”, but many times the next big thing is short lived. So there is power in small ideas & they can have longevity. Sometimes the impact of small ideas can greatly out shine what you thought was a “big idea”. They may not be earth-shattering or shake the foundation of your corporation, but small ideas, when added together, provide the same market capitalization & advantages as the big ideas.

    Some big ideas may be short lived, but they do provide incredible boosts in brand recognition, customer loyalty, competitive separation, employee morale, and company performance. You can develop sustainable growth though knowledge management, innovation & idea generation. In some companies a big obstacle to innovation is poor internal communication.

    The biggest challenge is to deal with the unknown. Innovation is something that people have grown to believe is a wonderful thing. Since many people believe innovation is a good thing, it becomes harder to manage the unquantifiable elements of the innovation process: the unknown, the unexpected, the failures.

    Sometimes innovation can lead to failure rather than success. When developing new ideas and brainstorming,  the old one percent inspiration, 99 percent perspiration rule still applies, except that the inspiration is now facilitated by the multidisciplinary nature of innovation.

    Sometimes a lot of inspiration comes from the cross-fertilization of ideas, learning from each other. In many organizations there should be environments, forums and working groups that involve people from different disciplines learning from each other. More than just sharing what you know, but rather learning the things that you think you know. That might be an important aspect when working in a team, in addition to having free dialogue where people can learn from each other and make better decisions.

    Decision-making continues to be one of the most difficult pieces of the innovation process. The current economic downturn has had a huge impact on company innovation & idea generation. In a downturn the key message is to focus on the core business. Innovation should be the most important solution for growth during the bad times. When you have a downturn in the economy, immediately shift your focus to the core part of business.

    Focusing  on the core while yet maintaining the long-term growth strategies can be difficult. In the bad times, brainstorming new ideas for growth and improvements can seem like a big leap, but look at the long term effects. Look at whats going on but don’t let that be your focus, it can be a reminder but not a core focus.

    The important thing is to be able to focus. You should look at eliminating all or the majority of distractions for better brainstorming & collaboration. Develop a long term view of things but at the same time look at other details. Innovation & motivation is very critical and many companies should invest heavily in it.

    But many seem to invest in incremental innovation, which is innovation that is lower risk and more focused on the short-term, as opposed to what is termed ‘breakthrough’ innovation that involves long-term investment and higher risk.

    Coming up with new ideas isn’t always easy but for your business longevity and success it’s well worth the try.~~Clerical Business Solutions

     
  • Renee: CEO Coach & Management Specialist 9:57 pm on September 19, 2009 Permalink | Reply
    Tags: business culture, difference, ideas, , , , , , six sigma, structure, ,   

    Your Business Culture Makes A Difference 

    Your business culture says a lot about your business. It governs the behaviors of those within the business. Having strong leadership and cooperation during the trying times in business can determine the overall success of an organization. Some organization cultures have leaders that will fail the organization because of an attitude of arrogance.

    Business Consulting OF Clerical Business Solutions

    Everyone within the organization should live the culture. Many times the culture within your organization may need some changes, adjustments, constant monitoring & evaluation in order to determine if you and/ or those working with you are achieving company goals.

    Many times your organization’s culture can determine any disadvantages or failures that your company may suffer. Strong & effective business cultures outlast the influence of even the strongest leader.

    You expect your business to be successful. Then the structure of your business culture should encourage and promote innovative ideas and improvements from everyone, employees to management.

    The culture of an organization can determine the future of your business success. Invest in developing an effective and efficient internal culture. The norms & values of an organization aren’t formed from speeches but through actions & team learning.

    Sometimes you can even give recognition to those within your organization who exemplify company values behaviors & standards. There should be constant reinforcement. Many times the culture of your organization determines the overall morale of those within the organization. Reap the benefits of customer & employee loyalty by having a clearly defined culture with implementation, evaluation & reinforcement.

    Have you taken the time to really study the internal culture of your business to see if it is conducive for success?  Well… is it?

    If not then there needs to be some changes made. If it is then reinforce the good behaviors. Making changes to your business culture requires leadership skills & strong effort. Your business culture will determine how an organization perceives, interprets, assesses, evaluates and responds to existing and possible threats or opportunities in business.

    Your business’ culture is important and without one that is clearly defined it will be difficult to serve your customers well.

     
    • organizationcultures.info 12:29 pm on April 1, 2010 Permalink | Reply

      organizational culture must be in governance, dimafaatkan and preserved, in recent years many peelitian who said that the company pursue its corporate culture will increase its profit by 12%

  • Renee: CEO Coach & Management Specialist 5:13 pm on September 16, 2009 Permalink | Reply
    Tags: , , ideas, , , , , , steps, ,   

    Entrepreneurs Find Success In Utilizing Virtual Assistant Services 

    There’s a lot that goes into being an entrepreneur and maintaining a successful business or project. Many entrepreneurs are just starting out or they are already in business. Many times in business it may be hard to find more free time for yourself or to pursue other business ventures. Virtual Assistant Services OF Clerical Business Solutions

    Entrepreneurs are utilizing a beneficial & cost-effective resource to support their goals and plans for their future success. They have found this resourceful support through the use of Virtual Assistant Services ( also known as VA’s).

    Maintaining a business or projects can be challenging, stressful & requires support. Business can take a toll on anyone when you are just relying on yourself to get everything done. You should have someone other than yourself that you can pass tasks onto to help you get the job done. This is where a Virtual Assistant comes in handy.

    In today’s business environment & with the power of the internet, “virtual” is the way to go. It’s one of the many cost effective ways to manage & start a business.  As an entrepreneur, you can utilize a VA with your current staff.

    There are many ways to succeed in a business & working with VA services is one of them.

    Utilizing the services of a Virtual Assistant helps you to become more organized, create a leaner organization, reduce operation costs & maintain a growing business. Also you get help on an as need basis & not paying for in-house help when you don’t need it by reducing employee related expenses and more.

    Utilizing the services of a VA helps you to be more creative by having someone to brainstorm with and share in your business ideas. You gain more free time for the things that you want to do & catch up on the things that you need to do. Virtual assistance can be your weapon in fighting through the recession, coming out on top and getting ahead of your competition. So don’t hesitate any longer, take advantage of this great resource, Virtual Assistant services today!

     
    • Tnelson 11:47 pm on September 30, 2009 Permalink | Reply

      Hey, great blog…but I don’t understand how to add your site in my rss reader. Can you Help me, please 🙂

      • Clerical Business Solutions 5:12 pm on October 3, 2009 Permalink | Reply

        Hi Tnelson,

        Thanks, to subscribe to my feed, you can scroll all the way to the tip-top of my blog and subscribe there or choose one of the subscription buttons along the side of my blog.

        When you decide where to subscribe, such as google, rojo, newsgator etc… click that button. Then you’ll be taken to the site of your reader then you should click another button to subscribe or sign up & then subscribe.

        Hope that helps.

        ~Clerical Business Solutions

  • Renee: CEO Coach & Management Specialist 5:19 pm on September 10, 2009 Permalink | Reply
    Tags: 6, , , , , ideas, , , , , tips   

    6 Tips For Better Business Planning 

    There is so much that goes into managing and developing a business. It’s all about the plans that you make. Your business plans don’t have to be set in stone. They need to be flexible and strategic. Business plans provide a strategic planning services of Clerical Business Solutionsfoundation for success, growth and longevity. Developing strategic business plans are imperative for the success of your business. In addition to the implementation of those set plans. What are plans without the implementation?

    You can maximize business growth and minimize risk through effective strategic and contingency business planning. Flexible business planning and goal setting is an essential part of business development and ongoing success.

    1. Don’t Just Plan For Today.

    Create plans in a long term view. You should make plans for at least 4-5 yrs from now. What are your plans for the future? Who do you plan to have in charge? Do you plan to grow then sell? Do you plan to utilize outsourcing? Revise your plans as your business grows. If your business doesn’t grow then you still need to revise your plans to improve growth efforts.

    2. Make Clear & Precise Plans.

    Make clear & precise plans for the daily management of your business. They  should be clear to everyone involved. Additions and subtractions to your plans should be made known to all that are involved.

    3. DIY: Do It Yourself.

    Many people take the time out to make business plans themselves. In this case, you can get to know your business better and discover things that you never thought about.

    4. Don’t just stuff your plans in a box to forget about them.

    Set aside some time to review them on a regular basis and make changes.

    5. Don’t just keep your plan to yourself.

    Show your plans to others that you can trust and get beneficial advice on what you’ve created so far.

    6. Involve strategic planning.

    A strategic plan can make for a better business plan. Strategic planning helps you to dig deeper and achieve desired results. It can help you to better determine your S.W.O.T: strengths, weaknesses, opportunities and threats.

    Avoid costly mistakes such as worrying too much about how things will work out and waiting to the last minute. Just jump right in and plan. Set specific goals. Avoid overestimating or underestimating plans. Set targets and figures that you have the means to achieve now. They can be adjusted as you go along to do more or cut back. You can utilize a business plan template to look at but your business plan must be specific & tailored for your business.

     
    • Amy Kreimer 9:46 pm on January 30, 2012 Permalink | Reply

      Appreciate it for this tremendous post, I am glad I noticed this website on yahoo.

  • Renee: CEO Coach & Management Specialist 8:21 pm on September 7, 2009 Permalink | Reply
    Tags: , , don't, ideas, , organizational, , stifle, ,   

    Don’t Stifle Creativity 

    Creativity should be one of the many things at the heart of your organization. Running a business or starting one needs creativity. You can turn your creativity into a product, service or operation. You can use creativity to improve on your products, services, work or operations.Consulting Services OF Clerical Business Solutions

    Creativity should be what you or your team rely on to be better than you ever were before. The creative process is an ongoing exercise. If you or your team are not creative enough, get training in this area. These skills can be learned, developed and practiced with the right training. But of all things don’t stifle creativity within your organization. That’s the worst thing for cohesiveness, collaboration & success in any company.

    You can agree to disagree and you can discuss things. But don’t shoot an idea down until you or your team have had plenty of time to think things through and look at a particular idea from all angles. Then make a judgment call as in whether to go forward with it or not.

    In being more creative improve your focus. Develop a laser focus on one idea or a select few at a time. A bad thing for creativity is being overwhelmed with too many ideas at once. Weigh your options, the pros & cons, organize, prioritize  and do a S.W.O.T analysis.

    In S.W.O.T, figure out your strengths, weaknesses, opportunities and threats. If you utilize this with with more creative thinking techniques it can help to keep you from feeling overwhelmed. Feeling overwhelmed with info can make anyone frustrated. So you have to calm down and take a different approach.

    If your focus is weak then the results will be weak or useless. The ability to direct your focus is an art. Creative work is the result of clarity and the expansion of focused intent.

    Sometimes looking at an idea from different angles can involve lateral thinking. Lateral thinking can spark creativity & improve other thinking skills. Lateral thinkers can change perceptions then come up with new concepts and ideas. Strategic Planning Services OF Clerical Business Solutions

    Lateral thinking involves the examination of a problem and its possible solutions from all angles. Many times you may get stuck and just feel like you’re not that creative. Sometimes that stems from being stuck in a habitual mode of thinking. Thinking in the same old way of doing things.Your same old thinking styles become automatic as the years go by. Sometimes you have to change old habits to develop new ideas.

    As a CEO, co-worker or manager be open to new ideas and give credit where credit is due. That may seem like a hard task for many, but not acknowledging where the creative ideas or solutions come from can create problems.

    Many times having an adequate solution to a problem may not be the best. With adequate ideas, figure out how to make them better. You need the best creative ideas. Many times the adequate stifles the best. When people have an “OK” solution or idea, they just stop right there and don’t go any further because of doubt. Sometimes you have to move past doubt to be more creative and move forward.

     
  • Renee: CEO Coach & Management Specialist 3:39 pm on July 6, 2009 Permalink | Reply
    Tags: brainstorming, , , , , ideas, , open, start, start-ups, want   

    I Want To Start My Business Now 

    Congratulations on wanting to start your new business!! Now that you’ve made up your mind to start your new business venture, it’s time to start moving forward. Starting a new business begins with a thought & an action plan, mostly a strategic plan. Where are you going with this?

    Starting a new business is an empowering and uplifting event. But in the startyeswereopen up phase of your business you must proceed with caution, ’cause there are so many things to consider. Start with a strategic business plan to help get you through and you can modify the plan as you go along.

    There have been many successful businesses that have started with little to no pre-planning at all and they have succeeded quite well and they continue to succeed. Sometimes that may not be the case for everyone. I’m not saying don’t go for it and start your business but don’t rush into business too soon without careful thought, planning and preparation.

    There IS NO SUBSTITUTE for a well prepared business plan and there ARE NO SHORTCUTS to creating it!

    Many start-ups start and fail all within the first five years. Many of them fail within the first 6 months to 1 year. You have to take into consideration many aspects of business such as financing, where to start your business, business structure (sole proprietorship, llc, corporation etc…)

    • Also do you really have what it takes to start a business or even operate one?
    • Do you need the help of investors?
    • Have you done your research on what you want to pursue?
    • Do you have the stamina to go through with it all?
    • Will your type of business be successful?
    • Do you have any pre-planning steps?
    • Is there a market for your type of business?

    There is so much to think about when starting and maintaining a business. Starting is one thing but maintenance is the most important.

    I say go for the gusto and start your business but proceed with caution and seek out sound advice preferably from a business consultant. For many, having business consulting advice can lead you into the right direction Sometimes the advice and/ or support from friends, family or associates might not hurt.

    Do you have the support of friends and/ or family members? Not all friends and family members will be supportive of your ideas. Many times you don’t even need their support.

    So then you have to decide whether or not to start with or without their support or even tell them about your new venture. As passionate as entrepreneurs must be to drive start-ups forward, they also know when to cut losses (hint, hint).

    You need to have a good action plan, you know, a good strategy as to how to go about your new business venture, such as your goals, budget and marketing.You need to spend time working on your business strategy action plan. You need sound implementation steps & then put them into action.

    You also need to review what has been achieved so far and make note of the good and bad steps that you have taken. When you make note of things, you can track your progress, you’ll learn from your mistakes and learn to do things better. Now on your mark, get set, go start your business!!!

     
    • Sharon Wilson 3:25 am on July 7, 2009 Permalink | Reply

      Thank you for sharing these very helpful tips. Entrepreneurship starts with a passion. Strategic planning would be very important coupled with action plans.

      • Clerical Business Solutions 3:47 am on July 7, 2009 Permalink | Reply

        Hi Sharon,

        You’re welcome, I’m glad that you found them informative. Many wanna-be entrepreneurs and current business owners tend to want to rush things and never give any consideration to planning or they give too little thought to planning and researching their new business venture.

        They just dive right in and then later on down the line, they wonder what went wrong.

        That’s why I stress to my clients about having strategic plans & goals. You can’t go wrong with strategic planning.

    • Peter Baptiste 10:22 am on July 15, 2009 Permalink | Reply

      I agree with you. I always tell my clients to get themselves a clear vision to set their sails for the shores of wealth and prosperity.

      More power!

      Find out more tips on how to generate more business & moneyon my website.

      • Clerical Business Solutions 7:14 pm on July 16, 2009 Permalink | Reply

        Hi Peter,

        Many people never develop strategic thinking or planning to help them in their business endeavors. It’s good to have a plan of direction & implementation for what you are trying to accomplish.

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