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Small business start up

Advancing Victorian Manufacturing is the Victorian Government’s blueprint for growth of manufacturing in Victoria.

Small business start up

You can do good and make money at the same time. That’s the message from Bessi Graham of The Difference Incubator.

Small business start up

Victorian Government support is available to businesses experiencing significant rises to gas and electricity costs.

Small business start up

Small Business Victoria Workshops are low cost, practical and run by experts in their fields year round across metro and regional Victoria.

Small business start up

To help get your business moving, the Small Business Bus is now touring Victoria bringing expert advice and assistance to you.

Small business start up

Find everything you need to know about grants and assistance programs to start, run and grow your business.

Small business start up

ABLIS is a free online tool which helps you find government licences, permits and registrations applicable to your business.

Small Business Victoria Update

Tips, tools, news and events to help you run and grow your business – delivered fortnightly.


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Business Loans, start up business loans.#Start #up #business #loans


First Enterprise is here to help businesses to grow and flourish

Raising business finance and continuing business growth is key to keeping the cogs of any business turning. Through our Enterprise Loans East Midlands and South East Midlands programme we deliver business lending of between 3,000 and 150,000 to help entrepreneurs flourish and existing business to grow.

Our rates are competitive and our loans are always tailored to you. To find out if you could be eligible to receive business finance or a Start-Up loan, please contact us or read more below.

Start up business loans

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Business

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Businesses in any sector can apply for a Start Up Loan

The Start Up Loans Company is a UK-wide, government backed scheme, which offers a repayable loan to individuals over the age of 18 who have a viable business idea but no access to finance. The scheme funds businesses in every sector. As well as financial backing all loan recipients are given access to a mentor, free training events and exclusive business offers.

There are no fees incurred for obtaining a Start Up Loan or for accessing any services that are associated with it (with the exception of certain business offers, which are entirely optional). To find out about any offers that Start Up Loans Company have secured, through Corporate Partnerships go to http://www.startuploans.co.uk/corporate-partners/

Enterprise Loans East Midlands is part of a network of official Start Up Loans delivery partners across the UK who administer the scheme.

We are here to guide you through the application process, including advice on creating a business plan and cash flow forecast. If you receive a loan we will then support you through your journey, providing you with your business mentor.

The Start Up Loans programme is not grant-based funding. It offers finance in the form of loans only, with monthly loan repayments forming a primary condition of the loan agreement applicants accept and sign.

Failure to make any repayments may affect your credit score and in certain circumstances may lead to formal action.

Start up business loans


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Startup India Scheme, Standup India Loan Scheme (Application Form, Apply) – PM Jan Dhan

Startup India Scheme | Standup India Loan Scheme (Application Form, Apply)

This article will resolve all the quires related to Start Up India Stand Up India Loan Scheme. How to Apply, Tax Benefits and all other information, Offering of Startup India to Entrepreneurs, Key Features, benefits and Drawbacks. This Scheme will be launched by PM Modi on 5th of April 2016

Under This loan scheme a loan amount of rs 10 Lakhs to Rs 100 Lakhs would be given to SC ST and women entrepreneurs.

The startup ecology of India got its full pace soon, as the PM Modi revealed the Action Plan of Startup India Scheme this Saturday and it was done at an invitation only event of the Start Up India, Stand Up India. This event was held at Vigyan Bhawan on Saturday.

Start up business loan

What is actually Start Up India, Stand Up India

Structured by the Industrial Policy Promotion Department (DIPP), in conjunction with additional key players of Indian startup system, the initiative of Start Up India, Stand Up India focuses to rejoice the nation’s entrepreneurial character, and generate a strong bionetwork for fostering advancements and new business startups in the nation.

Prime minster Narendra Modi was very keen to introduce the Startup India, Standup India initiative in order to make the youth of the country stand in their own feet and create job opportunities for others. He declared a self-certification system with respect to nine environment and labor laws and stated there’ll be no check during the initial three years after launching the project. Speak to the initial conference of the entrepreneurs of start-up India, Modi declared an execution plan to advance such ventures that are witnessed as the key for employment generation as well as wealth creation.

Top Points from the Speech of the Prime Minister

The Government of India has been supporting farmers by providing them different kinds of loans for their farming practice and even allowing Debt relief on account of the harvested crops. Previous year PM Modi declared this scheme and said that the Indian youth have to focus on to create jobs and start their own businesses.

After five months of the announcement made by the PM, FM Arun Jaitley, inaugurated the ambitious scheme of the PM Modi on January 16 at Vigyan Bhavan in Delh and in that event about 1,000 entrepreneurs took part. The Ministry of HRD and the Science Technology Department are supporting as the associates to create over 75 of such supporting hubs in different NITs, IIIT), IISERs and NIPERs. With the 4,200 startups in India, the country ranks third internationally after UK and US however India still is in the 1 st place in Asia which sends Engineers and Scientist to the United States of America.

So to boost the former quantity and to lessen the later, India had planned the initiative of ‘Startup India, Standup India’. The section “Standup India” implies that the females and the entrepreneurs belonging to the SC/ST group should come forward and start their own businesses.

Offering of Startup India to Entrepreneurs

  • The initiative of Standup India supported by the DFS intents to mention Women as well as entrepreneurs belonging to the SC/ST group. They have designed in supporting 2.5 lacs of borrowers with the loans from different banks that one can pay back in seven years.
  • Prime Minister Modi declared that “There won’t be any income tax charged from the profits of startups’ for about three years”
  • One can register a venture within 24 hours utilizing the Narendra Modi app. One just needs to fill an online application form. The filling of form through this app reduces the tedious procedure of Registering. Efforts are currently going on to reduce the time spent in registering procedure of the Startups.
  • As well a fast system is to be introduced to fill applications for patents for the startups, assured by the Prime Minister Narendra Modi. “There‘ll be no negotiation on the quality however the thought is to provide the new opportunities to the new entrepreneurs’” he included.
  • Prime Minister Modi plans to decrease the attachment of the state governments in the initiatives of startups so that the entrepreneurs are able to enjoy liberty.
  • No tax will be charged from any startup up to 3 years after its start.

A Short Glimpse on the Startup India Standup India


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How to Start a Small Business, Bizfluent, start up business loan.#Start #up #business #loan


How to Start a Small Business

Start up business loan

Successfully starting a small business requires answering as many questions as possible before you open your doors rather than tackling problems after you’ve already launched. Researching the marketplace, writing a business plan and securing adequate capital are the basic steps to take when you start any small business.

Items you will need

  • Business plan
  • Credit reports
  • Permits, licenses, insurance

Research the Marketplace

Determine who your competition is by looking at companies that offer the same product, service or benefit you do. Visit their stores and websites and buy their products, if possible. Talk to potential customers about what they want from a company or product like yours, and what they think of your competitors. Look at the pricing in your marketplace to help guide you as you make your financial projections. Examine where your competitors are selling and advertising. Create a demographic profile of your best target customer using age, race, ethnicity, gender, marital or parental status and other characteristics.

Talk to the vendors and suppliers who will sell you materials and equipment, and the retailers or other distribution providers who will help sell your product. Explain your business concept to them and get advice regarding what they’ve seen in the marketplace you need to address.

Find out what legal steps you need to take, such as getting a local business permit, obtaining a state license, passing health department requirements, incorporating, getting a sales tax license or buying liability insurance.

Write a Business Plan

Visit the website of the U.S. Small Business Administration to learn what goes into a business plan and how to write one. You will need to provide an overview of your product or service, an analysis of your marketplace, a marketing plan and financial figures. Look for a SCORE chapter in your area so you can get free advice from retired executives on the first draft of your plan. You can also ask business friends and associates for advice.

Create a budget, dividing it into sections that list your pre-launch startup expenses and your post-launch operating costs. The budget should include the direct costs to make your product and the overhead costs to run the business. It also should show a break-even point and the profit potential. Create a first-year budget and a three-year budget. It often takes more than one year for a business to become profitable and pay back its initial startup costs.

Create a marketing plan that provides details on the following: your product, pricing strategy, distribution strategy, advertising strategy, public relations, promotions and social media. Don’t work on your marketing communications until you’ve determined your unique selling benefit, target customer, distribution channels and your brand or image in the marketplace.

Secure Capital

Get your personal credit in the best shape possible. Start by visiting AnnualCreditReport.com to get free copies of your three personal credit reports. If you apply for a business loan or credit card, lenders will evaluate your personal credit. Follow the steps required by Experian, Equifax or TransUnion, outlined on their websites, to challenge any incorrect information on your credit reports.

Review the budget you created to determine how much money you need to launch and operate your business until you are profitable. Calculate how much personal money and credit you have available and how much money you’ll need to raise from other sources. Decide how much of your company you are willing to give up in exchange for money from an investor. Contact your local bank to find out how to apply for a small-business loan or credit card.

Make your pitch to partners, friends and family or silent investors if you are seeking that type of money. Use your business plan to demonstrate that you have done your homework, have objective data that shows your concept is likely to work, and can project your income and expenses with hard numbers. Bankers and investors will often want to see your business plan and budget, according to Inc. magazine.

Meet with an attorney before you sign any legally binding documents to ensure you make no mistakes that can damage your company or you personally.


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20 Business Ideas with No Startup Cost, start up business ideas.#Start #up #business #ideas


20 Business Ideas with No Startup Cost

Start up business ideas

I want to start my own business but I don’t have money or business ideas. Today we find many young and dynamic people who are aspiring to start small business but face same issue.

Are you one of them? Are you feed up of doing job? Do you want to be boss of your own?

If yes you are at right place, In order to help you we are herewith low-cost, low risk 20 business ideas that require no money or little money.

20 Business Ideas with No Startup Costs:-

(1) Recruitment Firm: Starting recruitment firm is very good business idea and it does not require money. You can start this business from your home you just requires phone connection and few contacts.

(2) Online Website:- Starting small website is small but very good business idea This business contains huge potential. Today you can see many websites earning in lakhs and Crore.

(3) Freelancing:- You can start your own freelancer business anytime, this business does not require any money. You need to just post your expertise on open forum or freelancing website. Make sure to post all information like past experience, project to increase your prospective.

(4) Photographer:- If you are very good at clicking photos. You can turn your hobby in to business. You just need very good camera to start this business. You can earn money by providing professional photography services.

(5) Personal Tutor or Trainer: If you possess good skill in teaching, providing education or personal coaching is very good business idea. In this business you don’t require any money for investment and you will not face any recession in this business, because education is prime need today.

(6) Interior Designer:- Providing interior design services is good idea. Well this business requires special skill and creativity to be successful.

(7) Match Making or Wedding planner:- Mostly people hire match maker or wedding planner in marriages, so starting Match making or wedding planning business is wonderful idea. This business require small amount of investment.

(8) Real Estate Brokerage or Consultancy:- You can start your own real estate brokerage or consultancy business without money. What you need is few contacts with prospective buyers and sellers. If not, check online and print media for properties that are to be leased or to be sold also take help of classified website or local newspaper make database and start contacting.

(9) Insurance consultant or Agent:- Today many people seek advice for insurance. If you are planning to start part-time business, than working as insurance advisor or consultant is best idea to start with.

(10) Consulting business:- If you are expert in certain filed like personal finance, branding, management, marketing or advertising you can start your own consultancy firm.

(11) Content writing:- Creation of content is art and if you are master in it you can start your own content writing business.

(12) Security agency or detective agency:- Security and safety are major concern today, and people are ready to spend money for that. To start security agency for providing manpower or to start detective agency is another good business idea.

(13) Dance, Music or Drawing school:- If you are good at dance, music or drawing you can start your own dance, music or drawing class. If you are seeking some practice, initially you can join some course to upgrade your skills.

(14) Career counseling:- Millions of youngsters and their parents are confused about various career options. You can research about various career options and offer career counseling to them. Just share what you know do not promise the world to them.

(15) Fitness or Yoga Teacher:- If you are professionally trained you can act as fitness or yoga teacher.

(16) Baby Sitting and Cooking service:- If you are woman and want to start small business than you can opt for babysitting service or cooking service. This is hit idea in metro city as we find a lot of working woman in city and they often seek this type of services.

(17) Chocolate maker:- This is another idea for woman, as we know chocolate is loved all over world and if you learn to make it in different shape you have very good business on your hands.

(18) Tiffin Service:- If you are very good cook and love to serve tasty food than starting tiffin service is good idea.

(19) Event Manager:- You can act as event manager, if you are good coordinator and can manage multiple task at same time. Today many corporate and SME opt for Event manager for their programs.

(20) IT Support services:- Today IT is booming field and if you are expert in IT you can start your own business of providing IT support and services.

Readers let’s keep the list growing below. Leave a comment, with a good business idea that you’ve been thinking to start without money.


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How to Start a Rice Dealership Business, Pinoy Bisnes Ideas, start up business.#Start #up

How to Start a Rice Dealership Business

Start up businessRice is an important primary staple food in many Asian countries especially in the Philippines. Indicating the high demand for this commodity, planning to put up a rice dealership business in your area is a wise choice. There is already an assurance that this business will succeed because buyers are already there. Of course, in any kind of business, conducting a feasibility study is always a crucial step to take. This will assess the economic viability of your proposed business.

Here are some important questions to consider before plunging into this kind of business.

1. Do you have enough capital or budget for your rice dealership business? With at least P60,000 to P100,000 as a starting capital.

2. Do you want to operate as sole proprietorship or corporation? Business registration guide here.

3. Do you have a big and safe storage room for the sacks of rice that will be delivered to you?

4. Do you have a good location for your rice dealership business? Research the area of your target market, the flow of traffic and their buying habits.

5. Do you have lists of rice suppliers in your area? Make sure you have a lists of several suppliers and make a good relationship with them.

6. Do you have necessary equipments like calibrated weighing scales, rice sacks etc., and a service delivery (optional).

7. What varieties of rice do you intend to sell? Make sure to have several varieties of rice, so that your customers will have several options.

8. How will you market your business? This is also an important aspect especially you are new in this kind of business. Make a good marketing strategy and make your business known to your customers. Make a good deal with restaurant owners, hotels, resorts and small carenderias in your place to be their rice supplier.

Here are Some NFA Rice Dealership FAQ

Q: Who are required to secure license from NFA?

A: All persons, natural or juridical, that are engaging or intending to engage in the rice and/or corn business whether commercial or NFA rice/corn.

A: Before the start in any of the business activity enumerated above, the proprietor or operator should first secure a license from NFA. For those already license, businessmen should renew their annual license on any day within their scheduled month allotted by the NFA

A: Application may be filed at the NFA office that has jurisdiction over the location of the principal business of the applicant.

Q: In case we have more than one (1) store/establishment for Rice/Corn business, should all be licensed?

A: Yes, owner/operator should file a license for all outlets at the NFA office where his principal place of business is located. Additional outlets are treated as branches.

A: For new applicants, follow these procedures:

secure application form from the licensing officer upon payment of application fee;

accomplish and file application with complete requirements to the licensing officer who in turn checks the documents and determines corresponding license fee;

pay license fee to the cashier and get copy of official receipt;

prepare the facilities/equipment requirements for inspection by NFA Investigators;

after inspection of establishments, present notice of inspection to licensing officer, official receipt and proof of compliance with deficiencies, if any;

licensing officer issues license if application is found to be in order;

applicants display license in their establishments.

Procedures for renewal applicants:

secure application from licensing officer upon payment of application fee;

accomplish and file application with complete requirements together with previous year s license to the licensing officer;

licensing officer checks completeness of requirements and determines license fee to be paid;

pay license fee to the cashier and present the official receipt to licensing officer;

licensing officer issues renewal sticker and stick it to appropriate portion of the license if application is found to be in order;

applicants display licensing conspicuous place in their establishments.

Q: For New Applicants, how long do we have to wait for the Approval of our License Application?

A: The establishments and facility requirements of new applicants are inspected by NFA Investigators within 20 working days after the filling of their applications. Those inspected are given inspection notices stating the date when they can return to the NFA to show compliance with any deficiency, if any. Otherwise, their notices state the date they can get their license. In all these cases, it should not exceed 20 working days after inspection.

A: Application fee is P50.00 for a single line activity and P100.00 for two activities or more. License fees depend upon capacity of the post harvest equipment used.

A: Documentary and facility requirements depend upon the business activity.

Q: Does the NFA requires only Licensing on Rice/Corn Business Activities?

A: The NFA also require the registration of the following facilities aside from the license on the activities mentioned earlier list.

motor vehicles used or intended to be used in transport/hauling of palay/ rice/corn whether for exclusive use or for hire except public utility vehicles franchised by proper government agencies not principally used for transporting rice/palay/corn;

warehouses,threshers and sellers for own produce;

mechanical dryers for owner s/operators exclusive use;

packaging machines for owner s/operators exclusive use;

institutions/establishments securing their rice/corn requirements from the NFA;

poultry and hog raisers securing byproducts from the NFA;

manufacturers/importers/dealers and distributors of rice/corn post-harvest facilities;

non-operating mills and other post-harvest facilities. In this case, registration is done only once.

Registration is done at the office of the NFA that has jurisdiction over the location of the principal business of the applicant.

Registration fees see separate from that of the license fees.

Q: In the event that I discontinue my business, what should I do with my License/Registration Certificate?

A: Surrender your license/registration certificate to the NFA office that issued it together with a written notice of discontinuance.

Otherwise, in case you reapply, you would be charged with the fees for the entire period that you have not applied for renewal.

Q: What do you mean by Bonded Activities?

A: Bonded activities mean third party stocks are deposited in your facilities, for storage, milling, threshing, corn shelling or mechanical drying. Operators/owners of facilities accepting third party stocks are required to post a bond as well as fire insurance to safeguard the stocks of the third party.


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Start up Now: 7 steps to set-up a business today, start up business grants.#Start

How to Set-up a Business Today: 7 Simple Steps

Start up business grants

For most UK-based start-ups setting up a business is quick, cheap and easy. In fact it s just about possible to set up a business in a day! If you know what line of business you want to start, you ve been thinking about it for ages, you ve read the books, done the courses then maybe now is the time to do it? This article is about the practicalities of how to set up a business. Follow those 7 simple steps and you could be up and running in no time:

Step 1. Let HMRC know you’re becoming self-employed

Get the right starter pack for you. You can do this all online, or phone, and it will get you started as a sole-trader (for other legal structures see part two below). We’d also recommend completing HMRC s free online training which will give you straightforward practical advice on record-keeping, filling in and filing your tax return and what to do if you take someone on.

Step 2. Sort out insurance cover

The AXA business insurance wizard is a good start. It will tell you which insurances you need and which you should consider. When you re sure about the insurances you need, shop around for the best deal. Specialist brokers can be great for niche businesses and Trade Associations often arrange big discounts for their members.

Step 3. Choose a business name

Search Google and Companies House to see if the name you want is available. If you can t decide, go with your own name for now eg. Jane Blogs Cakes but don t invest in printing and brand materials until you re sure. Buy the website domain name as soon as you re fixed.

Step 4. Set-up a business bank account

You need a business bank account if you set up a company, as it is a separate legal entity to you. It s not strictly required if you are a sole trader (though it s usually recommended) – but you must keep very clear accounts.

Step 5. Get compliant

Make sure that you satisfy all regulatory issues eg. health safety, licensing, data protection. Gov.uk has some great tools to take you through this. This only takes a few minutes and is straightforward for most start-ups.

Step 6. Start accounting for everything

Appoint an accountant or set-up your own simple book-keeping system. As a minimum keep records of all sales and costs.

Step 7. Sort out your work space

Your Local Authority/ Council should be able to provide information about business premises and rates in your area. If working from home, make sure you understand:

  • how to include a percentage of household bills as business costs;
  • possible Capital Gains tax implications if you are using one particular room/area in the house for business (best avoided by using parts of rooms);
  • planning permission – if you expect regular business visitors or to employ someone who’ll be working from your home, ask your local authority planning department for advice.;
  • if you rent, check your lease to see that home-working is allowed.

Maybe a little bit of a push, but you could certainly do most and maybe even all of that, in one day.

Part Two Starting with firm foundations

So getting started isn t all that difficult and needn t take long at all. But, of course, you are much more likely to be successful if you start with firm foundations:

Step 8. Decide on the best legal structure for your business

For most this is a choice between being a sole trader and a limited company. However if you are setting up a social enterprise there s more to consider.

Step 9. Write a business plan

This should include a marketing and sales strategy and financials. It s vital if you need to raise finance. It’s important regardless and should be a living document, regularly reviewed and updated. Here is a good Business Plan template to download and a great guide to putting your business plan together. If the thought of putting together a business plan makes your skin creep, then check out The Right-Brain Business Plan: A Creative, Visual Map for Success

Step 10. Manage your cash flow

As part of the business plan, start a Cash flow forecast and update it with actual achievements very regularly. A simple spreadsheet is usually adequate. Even if you need a book-keeper to do this, do make sure that you personally understand it and review it very regularly.

Step 11. Keep costs as low as possible

Until your business model is established and you are making good sales keep your spending as tight as you possibly can. There s a lot you can do with very little money.

Step 12. Get your business kit in order

Beg, borrow and shop around for IT equipment, furniture and transport.

Step 13. Organise communications

Make sure customers can find you by phone, email and on relevant social networks.

Step 14. Get your business image in order

Develop a brand identity, set-up a website and order business cards and stationery.

Step 15. Get your support in order

Assess your own skills and identify how you’ll fill the gaps. Don’t employ others until you really must. Lots of small businesses start by sub-contracting or collaborating with other freelancers or small businesses.

Most importantly make sure you have someone you can talk to regularly about your business. There will be high days and also days when things go wrong and your motivation slumps. So find a good mentor, a business adviser, or others in the same position as you, who you can share those successes and challenges with.

Photo: CC jakeandlindsey on Flickr

The Women s Business Finance Guide Free eBook

Start up business grants

  • A plain-English overview of all the main types of business finance, including loans, grants, equity, bootstrapping, crowdfunding etc.
  • Pros and cons of each type of funding, women’s angles and routes, links and advice.
  • Exercises to help you assess your financial psychology.

This 21 page eBook is completely free when you sign-up for our free monthly ezine. You can unsubscribe at any time and your details will never be shared with anyone else.

Start up business grants

Erika Watson

Start up business grants


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The 100 Startup, business start up.#Business #start #up


business start up

Business start up

Imagine a life where all your time is spent on the things you want to do.

Imagine handing a letter to your boss that reads, “Dear Boss, I’m writing to let you know that your services are no longer required. Thanks for everything, but I’ll be doing things my own way now.”

Imagine that today is your final day of working for anyone other than yourself. What if—very soon, not in some distant, undefined future—you prepare for work by firing up a laptop in your home office, walking into a storefront you’ve opened, phoning a client who trusts you for helpful advice, or otherwise doing what you want instead of what someone tells you to do?

All over the world, and in many different ways, thousands of people are doing exactly that. They are rewriting the rules of work, becoming their own bosses, and creating a new future.

Business start up

In The $100 Startup, Chris Guillebeau shows you how to lead a life of adventure, meaning and purpose — and earn a good living.

Still in his early thirties, Chris is on the verge of completing a tour of every country on earth — he s already visited more than 175 nations — and yet he s never held a real job or earned a regular paycheck. Rather, he has a special genius for turning ideas into income, and he uses what he earns both to support his life of adventure and to give back.

There are many others like Chris — those who ve found ways to opt out of traditional employment and create the time and income to pursue what they find meaningful. Sometimes, achieving that perfect blend of passion and income doesn t depend on shelving what you currently do. You can start small with your venture, committing little time or money, and wait to take the real plunge when you re sure it s successful.

In preparing to write this book, Chris identified 1,500 individuals who have built businesses earning $50,000 or more from a modest investment (in many cases, $100 or less), and from that group he s chosen to focus on the 50 most intriguing case studies. In nearly all cases, people with no special skills discovered aspects of their personal passions that could be monetized, and were able to restructure their lives in ways that gave them greater freedom and fulfillment.

Here, finally, distilled into one easy-to-use guide, are the most valuable lessons from those who ve learned how to turn what they do into a gateway to self-fulfillment. It s all about finding the intersection between your expertise — even if you don t consider it such — and what other people will pay for.

You don t need an MBA, a business plan or even employees. All you need is a product or service that springs from what you love to do anyway, people willing to pay, and a way to get paid

Not content to talk in generalities, Chris tells you exactly how many dollars his group of unexpected entrepreneurs required to get their projects up and running; what these individuals did in the first weeks and months to generate significant cash; some of the key mistakes they made along the way, and the crucial insights that made the business stick. Among Chris s key principles: if you re good at one thing, you re probably good at something else; never teach a man to fish — sell him the fish instead; and in the battle between planning and action, action wins.

In ancient times, people who were dissatisfied with their lives dreamed of finding magic lamps, buried treasure, or streets paved with gold. Today, we know that it s up to us to change our lives. And the best part is, if we change our own life, we can help others change theirs. This remarkable book will start you on your way.

Resource Updates

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Resources

Downloadable PDFs

You ll need the latest version of Acrobat Reader to open and view these PDF files.

  • Business start up
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Our partner site, UnconventionalGuides.com, offers additional paid resources.

If you re looking to set up your first (or your tenth!) website, InMotion is easy and cheap. They ve agreed to offer a 50% off discount for all $100 Startup readers.

Starting in New York City and going to the ends of the earth, we ll be hitting all 7 continents with the message of The $100 Startup.

Chris is currently on tour hiatus while preparing for the World Domination Summit and completing a new book. More tour dates will be coming later this year!

If you represent a group, organization, or bookstore, you can also suggest a future tour stop.

You can see dates of previous stops on the list at the right or the map at the bottom.


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Business News, The Kansas City Star, business start up.#Business #start #up


Business News | The Kansas City Star

Business

Business start up

Business

Kansas City s Harley-Davidson plant makes newest model to hit the market

Assembly of the Harley-Davidson Sport Glide motorcycle began this summer at the company’s assembly plant east of Kansas City International Airport.

Business start up

Kale smoothies, avocado toast among the offerings at this new Troost restaurant

New Overland Park restaurant serves Indian barbecue kebabs (and sides)

Updates: Veterans Day free meals, deals discounts in the Kansas City area

It s like darts, but with axes: Ax throwing club hits West Bottoms

Thrillist picks Plaza area steakhouse as one of the 31 best in the nation

Business start up

TV News & Reviews

KCTV and KSMO replace general manager with former business manager

Meredith Corp., which owns the two stations, did not say why its own vice president of finance has succeeded Kansas City general manager Mike Cukyne.

Business start up

Health Care

Kansas City area medical practice falls into bankruptcy

Kansas City Internal Medicine filed for bankruptcy on Wednesday. Some of its doctors are joining the HCA Midwest Physicians network.

Business start up

Government & Politics

How about another election? KC council plans to ask for key vote in April

The City Council set in motion plans for an April election to extend the one-cent sales tax for capital improvements. The city collects about $70 million a year from the tax, first approved by voters in 2007 and which is up for renewal next year.

Business start up

Cityscape

Updates: Veterans Day free meals, deals discounts in the Kansas City area

Discounts for veterans and active duty military run through Nov. 13. They include free or discounted meals, free haircuts and discounts on merchandise.

Business start up

Government & Politics

Poll showed new KCI had big lead but supporters kept it under wraps

As Election Day loomed, “cautiously optimistic” was the mantra chanted by advocates for a transformed Kansas City International Airport. They expected a win, but said it would be close.

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A Start-Up Slump Is a Drag on the Economy, small business start up.#Small #business

The New York Times

Small business start up

Graphic | A Long Start-Up Slump

September 20, 2017

Unemployment has fallen, and the stock market has soared. So why has the economic expansion since the recession been so tame, with sluggish productivity and, at least until recently, anemic wage growth?

Economists say the answer, to some degree, can be found in a start-up slump — a decline in the creation of new businesses — and a growing understanding of what’s behind it.

A total of 414,000 businesses were formed in 2015, the latest year surveyed, the Census Bureau reported Wednesday. It was a slight increase from the previous year, but well below the 558,000 companies given birth in 2006, the year before the recession set in.

“We’re still in a start-up funk,” said Robert Litan, an economist and antitrust lawyer who has studied the issue. “Obviously the recession had a lot to do with it, but then you’re left with the conundrum: Why hasn’t there been any recovery?”

Many economists say the answer could lie in the rising power of the biggest corporations, which they argue is stifling entrepreneurship by making it easier for incumbent businesses to swat away challengers — or else to swallow them before they become a serious threat.

“You’ve got rising market power,” said Marshall Steinbaum, an economist at the Roosevelt Institute, a liberal think tank. “In general, that makes it hard for new businesses to compete with incumbents. Market power is the story that explains everything.”

That argument comes at a potent political moment. Populists on both the left and right have responded to growing public unease about the corporate giants that increasingly dominate their online and offline lives. Polling data from Gallup and other organizations shows a long-running decline in confidence in banks and other big businesses — a concern not likely to abate after high-profile data breaches at Equifax and other companies.

The start-up slump has far-reaching implications. Small businesses in general are often cited as an exemplar of economic dynamism. But it is start-ups — and particularly the small subset of companies that grow quickly — that are key drivers of job creation and innovation, and have historically been a ladder into the middle class for less-educated workers and immigrants.

Perhaps most significant, start-ups play a critical role in making the economy as a whole more productive, as they invent new products and approaches, forcing existing businesses to compete or fall by the wayside.

“Across the decades, young companies are really the heavy hitters and the consistent hitters in terms of job creation,” said Arnobio Morelix, an economist at the Kauffman Foundation, a nonprofit in Kansas City, Mo., that studies and promotes entrepreneurship.

The start-up decline might defy expectations in the age of Uber and “Shark Tank.” But however counterintuitive, the trend is backed by multiple data sources and numerous economic studies.

In 1980, according to the Census Bureau data, roughly one in eight companies had been founded in the past year; by 2015, that ratio had fallen to fewer than one in 12. The downward trend cuts across regions and industries and, at least since 2000, includes even the beating heart of American entrepreneurship, high tech.

Although the overall slump dates back more than 30 years, economists are most concerned about a more recent trend. In the 1980s and 1990s, the entrepreneurial slowdown was concentrated in sectors such as retail, where corner stores and regional brands were being subsumed by national chains. That trend, though often painful for local communities, wasn’t necessarily a drag on productivity more generally.

Since about 2000, however, the slowdown has spread to parts of the economy more often associated with high-growth entrepreneurship, including the technology sector. That decline has coincided with a period of weak productivity growth in the United States as a whole, a trend that has in turn been implicated in the patterns of fitful wage gains and sluggish economic growth since the recession. Recent research has suggested that the decline in entrepreneurship, and in other measures of business dynamism, is one cause of the prolonged stagnation in productivity.

“We’ve got lots of pieces now that say dynamism has gone down a lot since 2000,” said John Haltiwanger, a University of Maryland economist who has done much of the pioneering work in the field. “Start-ups have gone down a lot since 2000, especially in the high-tech sectors, and there are increasingly strong links to productivity.”

What is behind the decline in entrepreneurship is less clear. Economists and other experts have pointed to a range of possible explanations: The aging of the baby-boom generation has left fewer Americans in their prime business-starting years. The decline of community banks and the collapse of the market for home-equity loans may have made it harder for would-be entrepreneurs to get access to capital. Increased regulation, at both the state and federal levels, may be particularly burdensome for new businesses that lack well-staffed compliance departments. Those and other factors could well play a role, but none can fully explain the decline.

More recently, economists — especially but not exclusively on the left — have begun pointing the finger at big business, and in particular at the handful of companies that increasingly dominate many industries.

Small business start up

Graphic | Big Business, Getting Bigger The share of employees working at large, medium and small companies in the United States.

The evidence is largely circumstantial: The slump in entrepreneurship has coincided with a period of increasing concentration in nearly every major industry. Research from Mr. Haltiwanger and several co-authors has found that the most productive companies are growing more slowly than in the past, a hint that competitive pressures aren’t forcing companies to react as quickly to new innovations.

A recent working paper from economists at Princeton and University College London found that American companies are increasingly able to demand prices well above their costs — which according to standard economic theory would lead new companies to enter the market. Yet that isn’t happening.

“If we’re in an era of excessive profits, in competitive markets we would see record firm entry, but we see the opposite,” said Ian Hathaway, an economist who has studied the issue. That, Mr. Hathaway said, suggests that the market is not truly competitive — that existing companies have found ways to block competitors.

Experts also point to anecdotal examples that suggest that the rise of big businesses could be squelching competition. YouTube, Instagram and hundreds of lower-profile start-ups chose to sell out to industry heavyweights like Google and Facebook rather than try to take them on directly. The tech giants have likewise been accused of using the power of their platforms to favor their own offerings over those of competitors.

Most recently, Amazon openly called for a bidding war among cities for its second headquarters — hardly the kind of demand a new start-up could make. Mr. Morelix said the Amazon example was particularly striking.

“We’re saying that it’s O.K. that they shape how a city charges taxes?” Mr. Morelix said. “And what kind of regulations they have? That should be terrifying to anyone that wants a free market.”

In Washington, where for years politicians have praised small businesses while catering to big ones, issues of competition and entrepreneurship are increasingly drawing bipartisan attention. Several Republican presidential candidates referred to the start-up slump during last year’s primary campaign. Progressive Democrats such as Senators Elizabeth Warren of Massachusetts and Amy Klobuchar of Minnesota have pushed for stricter enforcement of antitrust rules. In a speech in March, Ms. Klobuchar explicitly tied the struggles of entrepreneurs to rising corporate concentration.

In July, entrepreneurs achieved a mark of political relevance: their own advocacy group. The newly formed Center for American Entrepreneurship will conduct research on the importance of new businesses to the economy and push for policies aimed at improving the start-up rate. Its founding president, John Dearie, comes from big business — he was most recently the acting head of the Financial Services Forum, which represents big financial institutions.

“Everybody loves entrepreneurship, but they’re not aware it’s in trouble,” Mr. Dearie said. “If new businesses are the engine of net new job creation, and if new businesses are the engine of innovation, and new business creation is at 30-year lows, that’s a national emergency.”

Follow Ben Casselman on Twitter: @bencasselman


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