Small Business Startup Guide

By Kevin Laliberte

The Small Business Startup Guide is a start to finish handbook on how to take your entrepreneurial idea and turn it into a business. Years of business education, certifications, and entrepreneurial trial and error have gone into this book to ensure you are armed for a successful launch. This book is structured in three parts: business theory, which explains the inherent risk in starting a business and gives you a plan for mitigating that risk; business finance, which will teach you the steps you need to know and the experts you need to reach out to in order to get your finances in order; and business operations, which covers the nitty-gritty of running a successful business. While the material will teach you a great deal about the mechanics of a startup, there are four keys you must understand and believe before you start your business. If you don't, you will fail—or worse, you'll never even get started. Kevin Laliberte will take you through these keys to success, lay out the essential steps you must take, and provide the necessary resources to get you going.

• Language: English
• Publisher: BookBaby
• Release date: Jul 24, 2019
• ISBN: 9781543975413

Book preview

This book is designed only to provide information regarding the subject matter covered. It is sold with the understanding that the author and publisher are not engaged in rendering legal, financial, or other professional advice. Laws and practices vary by state and country, and if legal or other expert assistance is required, the service of a professional should be sought. The author and publisher specifically disclaim any liability that is incurred from the use or application of the contents of this book.

Resources provided within this book for further information are subject to change and/or removal.

Published in the United States of America

Copyright © 2019 Kevin Laliberte

All rights reserved.

No parts of this publication may be reproduced, distributed, or transmitted in any form or by any means, including photocopying, recording, or other electronic or mechanical methods, without the prior written permission of the publisher.

ISBN: 978-1-54397-540-6 (Print)

ISBN: 978-1-54397-541-3 (eBook)

Contents

Introduction

1 Managing Risk

2 Creating A Business Plan

3 Choosing A Business Structure13

4 Enlisting Experts

5 Opening Accounts

6 Paperwork Management

7 Building Your Team

8 Regulating Operations

9 Securing Your Company’s Future

A Business Startup Deductions

B Note-Taking

C Additional Resources

Introduction

Through coaching dozens of prospective entrepreneurs, the same requests for foundational, practical advice continued to surface. This book was written to help you maximize your business knowledge, minimize your risk, and show you the path to creating a successful small business.

This book is structured in three parts: business theory, which explains the inherent risk in starting a business and gives you a plan for mitigating that risk; business finance, which will teach you the steps you need to know and the experts you need to reach out to in order to get your finances in order; and business operations, which covers the nitty-gritty of running a successful business.

While the material here will teach you a great deal about the mechanics of a startup, there are four keys you must understand and believe before you start your business. If you don’t, you will fail—or worse, you’ll never even get started.

First, time is money. You are always either making money or spending it. When you are spending, it should be for the sake of advancing your business, developing yourself, networking, or strengthening your relationships with family and friends.

Second, the more you pay, the more you pay attention. If you are going to make it in starting your own business, you have to be all in. You have to be willing to pay for access to experts who can mentor you in critical areas. The bigger the investment you make, the more likely you are to follow through.

Third, successful entrepreneurs support each other. You must build your entrepreneurial network. Be willing to support other small businesses in the