Hi, my name is Sally Edens, and I am the owner of My Creative Pixel. I specialize in logo design, branding, print services, web design, email marketing and work with companies of all sizes nation wide ultimately improving their business problems with creative solutions. Shoot me a quick email to see how I can help you!
Article provided by: Cody McBride
Many of us have a dream of starting our own business, but we often stop in our tracks because we believe that doing so is too complicated or hard to understand. But what if we told you that in order to start a successful business, you just need some simple building blocks? What’s more, what if you could get all of those blocks in order during the course of an eight-hour day?
If you’re intrigued then you have come to the right place. Here at My Creative Pixel, we love to help new and existing business owners, so we have your schedule for today which will result in a new business.
9:00 AM- 11:00 AM Create A Business Plan
The first thing that you need to do when starting your new business is come up with a product that you can easily build and sell to the masses. If you are completely stumped when it comes to product ideas, then think about things or hobbies that you enjoy and brainstorm ideas to turn something that you are familiar with into a sellable product. You can also turn your attention to crafty websites like Etsy, and see if anything there gives you any ideas.
Once you have a product in mind, you will need to create a business plan that details how you will produce your product, market to the masses, and make enough profit to help your business grow. Often, coming up with the idea itself is the hardest part, so you are on the right track.
11:00AM - 1:00 PM Choose A Business Structure
Next, you will want to take some time to come up with your business structure. Many new entrepreneurs choose to go with a limited liability corporation (LLC) which is nice because it gives you a presence and limits the amount of paperwork you need to complete in addition to providing tax advantages. Another common business structure is the sole proprietorship, which is where you run the business exclusively on your own. Take these two hours to research these structures and choose the right one for your enterprise.
1:00 PM- 3:00 PM Start Thinking About Money Goals And Funding
While getting the initial funds is a great start, you will also need to think about how much money you need to make in order to keep your business growing strong. Consider the fact that you will need money to produce products, market them, hire more people to help, and pay yourself, amongst other costs.
Now that you know your goals, you need to put a lot of thought into how you plan to make the money to start production and pay for marketing, employees, etc. Many entrepreneurs attempt to find a small business loan, or if that won’t work, you can consider borrowing from a friend or family member. Another option is to try a crowdfunding website.
3:00 PM- 4:00 PM Find Tools To Keep Organized
Now that you already have a lot on your plate, you will want to look into tools to keep you organized. You should start with payroll and accounting software that will keep your numbers straight and help you to pay your employees and vendors accordingly.
With so many moving parts, it is also important to keep your important documents organized and in one place. A smart way to start this organization is to use a program to combine PDFs into one file. A program like this, which you can find at Adobe, is easy to use and it will be a lifesaver come tax time.
4:00 PM- 5:00 PM Look For Marketing Professionals
Now that you have your money, product, and software in order, you need to start marketing your business. There are many marketing tactics you can try including email messages, print ads, and online marketing. A good graphic designer, like My Creative Pixel, can provide many services, including helping market your products and creating a catchy logo that will make you stand out from the competition.
As you can see, it is possible to start a business within an eight-hour day. Try the steps above and see what you can accomplish. If you need additional help with graphic design, logo creation, or any of our services, then contact My Creative Pixel at the page here.