Starting and Managing a Business

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Latasha Smith
Everest University

For years people have been venturing egress and head start their own business organisation. This paper describes the process of starting and managing a business. Starting a business is hard work, but overly rewarding. Starting your own business allows you to be your own boss, and who wouldnt want to be in charge. I personally prize the idea of starting your own business is a precise smart thing to do. A lot of things factor into starting a business such(prenominal) as writing a business plan, choosing a business entity, and financing a business.
Starting a business involves planning, making key financial decisions, and complementary a series of legal activities (U.S. small business administration, 2012). In this paper I will discuss choosing a business entity, financing your business, business plans, and etc. There are umpteen available programs to help you set up your business such as the U.S Small Business Association (SBA). The U.S Small Business Administration has delivered millions of loans, contracts, counseling sessions, and other types of assistance, since its founding in 1953 (about SBA, 2012).
Before starting a business you must be certain that being an entrepreneur is for you. An entrepreneur is someone who takes on new financial ventures no matter what the risk.



Im definitely a risk taker. I have broken plenty of money trying to start home businesses acquiring scammed in the process. I havent given up because one of them has to work. According to SBA (2012) entrepreneurs should be risk takers, independent, and persuasive. They should also be creative, good negotiators, and should have a good support system. I believe its good to have people who to the full support you and your dreams, its just a great notion and we all need that support.
The SBA offers ten steps to help you plan, prepare, and sell your business. First you will write a business plan. A business plan is your map of how you will start and break your business....If you want to get a full essay, order it on our website: Orderessay



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