Return to article: How to Start a Company
on 11/22/2005 When starting a business, you need to focus not on the big picture, but the task at hand. Too much input and not enough output will get you all clogged up. Don't bite off more than you can chew.
on 11/22/2005 Remember that you will almost always start out in a deficit, so make sure you have a back up reserve in case a climb in income is not apparent.
on 11/22/2005 Validate your business concept by having the most qualified and recognized leaders in your industry on your advisory board . You will find it much easier to raise money, hire, and find new business opportunites and partners.
on 11/22/2005 Hire on a staff leasing company to handle workers compensation, human resources, payroll, benefits, etc. It will save you tons of time, money and liability!
on 11/22/2005 Impress upon those you hire, too, that there is risk. If they can't comprehend this and if they can't focus on making the company profitable, they aren't right for your company.
on 11/22/2005 An invaluable source of help, wisdom and inspiration when deciding whether to start a company is a book called "Built to Last - Successful Habits of Visionary Companies" written by James Collins and Jerry Porras. Business doesn't have to be all about mone
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