Beat the recession; start your own business
The Great Recession seems to be prompting a surge in entrepreneurship, if you believe anecdotal evidence. Lacking a formal job, folks are starting their own businesses and trying to make their own way. If you're thinking about starting a business, here's a great, free resource to get you launched from Baltimore County lawyer and part-time author Eliot M. Wagonheim. 
"Business Owner's Pocket Guide" is a concise handbook that gives the crucial basics of starting a company. What legal structure to choose? How to deal with employees? How to get a bank loan? What are bankers looking for?
Wagonheim's wise, Top 10 Business Guidelines alone are worth the trouble of downloading his book. Rule No. 1, which applies to all areas of life, not just business is: "Make It Easy for People to do What You Want Them to Do." Here's another good one: "Companies don't have to be Busy; They have to be Profitable."
To download a copy or request a hard copy, go to Wagonheim's Web site.
Comments
Thanks for the info. FREE education is always good.
Posted by: NotableM | March 1, 2010 1:25 PM
I hate to be a wet blanket but unless your "great idea" is truly something new and innovative that isn't available or accomplished through existing companies or services...
(said as I search opportunities to more fully employ the recently graduated #2 child)
Posted by: MrRational | March 1, 2010 3:41 PM
Nice idea and if you can make it now, you can make it almost any time (unless you are the repo-man).But consider this before any personal investment. If you need a place to set up shop, you better have a good business plan and be willing to spend some of your own ca$h. For a developer to do a build-out for your business, that developer is ultimately investing in your business. They don't want to spend several thousand just for you to go under (see the Circuit City store in Towson - how much did that cost the developer? And CC was gone in 60 seconds).
Posted by: Reader | March 1, 2010 10:32 PM