According to some business experts, a recession is actually a great time to start a business. Sure, credit is tight and obtaining funding may be harder. But for many entrepreneurs with a dream, startup capital requirements are minimal, and other elements of the economic outlook are very favorable. So if you have a great business idea, get started with the following steps to making your dreams a reality!
Come up with a great name and register it at http://www.dat.state.md.us/.
Check licensing requirements at the local Clerk of the Circuit Court and http://www.blis.state.md.us/.
Verify your tax responsibilities for the business at http://www.marylandtaxes.com/.
Complete a business planning and tax planning course at http://www.taxdivas.com/.
Obtain an Employer Identification Number at http://www.irs.gov/.
Open a business checking account.
Order business cards.
Tell everyone about your services: in person, email, attend networking events and via social networking sites.
Bonus – Join us for Be Your Own Boss! on October 8, 2009 – Free registration at http://www.theboss.eventbrite.com/. You can be a winner in a friendly game of Business Treasure Hunting.
Tell us about your business and your plans for success.
4 comments:
I'm pleased to announce the opening of Design Core Studio, a full service land planning, urban design and landscape architecture firm located in Maryland. My plan for success is to do the following: 1). Maintain confidence in the work I do and with whom I do it; 2). Put the full-court press on my existing/prior clients, in my existing markets; 3). Explore forging an alliance with an existing firm who does not offer my services; 4). Strategic planning now; and 5). Think integration and cooperation with clients and with other design/engineering firms.
Donavon
Spruill Money Management and Organization Services is a home based business which offers personalized services providing education, assistance and tools which will allow you to establish routines and plans which will give you peace of mind. My plan for success focuses on the need to have focus and diversity. 1) Educate groups on why they need the service and why it can save them money; 2) Through public speaking opportunities create interest and desire for the product; 3)Use networking to pursue partnerships which will generate referrals.
TheBlackMarket.biz is US based, internet, African Import/Export Company. TBM.biz offers a cultural education through art and history, offering a venue for African artists to showcase their talents. All of our products originate from the beautiful continent of Africa and every time an item is purchased, someone in Africa has a paid job making those items. A small sampling of the many unique, exotic items that we feature include: original art, African clothing and accessories, handcrafted African jewelry, all natural hair and skincare items. We offer safe and secure, convenient, online shopping with exceptional customer service and timely delivery. We plan to launch our GRAND OPENING this Fall/Winter 2009; just in time for the upcoming holiday season!
The InternetBeacon.com is moving and grooving in 2009 and I cannot wait for 2010. With my business plan and pencil (with an erasure) in hand, making a few adjustments, I am looking for huge growth in 2010. The InternetBeacon helps entrepreneurs grow their businesses by attracting new clients by being easily located in search engine results. For example, your driveway needs repairing or repaving and you live in Towson. You search Google for “driveway Towson” and see our client Absolute Paving, Inc. (www.absolutepaving.com) who is receiving a tremendous increase in contact via phone and email. They are having one of their best years because of the increase in contact from our services (even in a recession). You can find out more about our Internet Marketing services at www.internetbeacon.com.
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