Blog posts tagged with "Startup Business"

North Dakota is well known for its amber waves of grain and rich supply of natural resources. Nearly 90 percent of North Dakota’s land is devoted to agriculture — the largest segment of the state’s economy. As a result, it’s one of the least populous states in the nation. In fact, its population of just over 755,000 only exceeds Alaska, Vermont, and Wyoming.

Most businesses require some type of equipment to operate effectively. This equipment might be office equipment such as photocopiers and laptops, or restaurant equipment like ovens and dishwashers. Depending on your business’s industry, the specialized equipment you need could be very expensive.

As an entrepreneur, one of the many decisions you’ll make is how to structure your business. While you may be able to operate as a sole proprietor or partnership, creating a separate business entity often has its advantages — both legal and financial.

You may know Pennsylvania for its rich history, varied terrain, or diverse population. Or perhaps you’re more familiar with Philadelphia, the state’s largest city, which is home to the Declaration of Independence, the U.S. Constitution, and of course, Rocky.

In 2008, Roy Choi sold Asian-infused tacos from his truck in Los Angeles. Although Kogi BBQ wasn’t the first food truck in American history, Choi sparked a movement that’s continuing to thrive today.

If you have a great idea for an online boutique, opportunity is ripe. Of the nearly eight billion people on the planet, Nielsen Online calculates that over four billion have Internet access. Not to mention, digital stores are rapidly taking share from traditional brick-and-mortar retailers. According to Absolunet, eCommerce now accounts for almost 15 percent of all specialty retail sales in North America — and this number is growing at a rapid pace.

Building a construction business is both challenging and expensive when you first start it. However, with preparation and strong management practices, you’ll weather the pressures of competition and economic uncertainty. In fact, all signs point to this being a great time to get your new construction business off the ground.

So, you’ve decided to take the plunge and start your own business. Congratulations! It’s exciting to start a new venture, and the decision to become your own boss was probably an easy one. What comes next, however, will have far greater implications on your chances of success.

There are numerous ways that entrepreneurs can acquire funds to jump start their new business ventures. Many turn to their personal savings, family and friends, crowdfunding, equipment financing, Small Business Administration (sba) loans, or business credit cards. In addition to these options, some entrepreneurs pursue startup business loans.

According to the Small Business Administration (SBA), New York state is home to 2.1 million small businesses and 4 million small business employees, which is more than 50 percent of the private workforce. New York’s economy is the third largest in the country, and if it were its own country, it would be one of the largest in the world. Depending on your industry, New York could be a great state for you to open your business.