Wednesday, January 8, 2014

Thinking of owning your own business or starting a charity?


Opening your own new venture is exciting and thrilling. But be mindful that everything which comes after the excitement and thrill has worn off that dictates whether your new startup will survive. It’s up to you to keep the thrill alive (forever).

So now what?

Bring to write and create a business plan (and yes the term business plan can be used for charities). This plan of action is needed to fulfill your dreams (and financial goals) Remember – you – are your own boss and running a successful venture is up to you. Your success lies with the approach you choose to take and the plan you write. Remember, re-read your plan and make changes as needed to avoid making costly mistakes. (By doing this you will avoid the common pitfalls that many new small startups make when rushing to get going.)

Bounce Marketing offers free consulting workshops to help you…

·         Prepare an initial business plan to clarify your marketing, management, purpose, vision, objectives, and financial goals.
·         Determine your start-up capital needs.
·         Identify sources of start-up capital and backup sources if needed.
·         Evaluate and quantify your organizational plan for the short and long term
·         Identifying the best business structure that best fits your needs by evaluating it’s advantages and disadvantages.
·         Operational Structure of your venture - ease of operation, establish billing and collection procedures and portability should you need to relocate.
·         Select the right accounting software by evaluating your budget, needs and hardware.
·         Consulting if setting up a home office is a good fit while potentially creating a tax deduction.
·         Resources to help prepare and file all required state and local licenses and permits.
·         Resources to prepare and file your application for your Federal Employer Identification Number.
·         Resources to identify your business insurance needs.
·         Develop a solid Partnership or Board of Directors Agreement. This is an extremely important document for all new partnerships / boards and will help prevent a tremendous amount of problems down the road.
Let us help you succeed by getting your new organization off to a good strong start.



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