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Most Recent Questions in Starting a Business

Question added to topic Starting a BusinessJanuary 18, 2008

What should I be doing while the patent for my software is pending?

Sorry, but you shouldn't be waiting for your patent. Build your business. Protect your know-how as best you can, but the patent system is broken, and even when you have that patent you'll still... (more)
Question added to topic Starting a BusinessJanuary 9, 2008

How do I find a job working for an entrepreneur?

John, I would start by getting a list of at least 25 people who you would like to work for in Colorado--some of my team of business coaches at ActionCOACH should be on your list--and then start by... (more)
Question added to topic Starting a BusinessJanuary 9, 2008

Should I outsource or do it myself?

Doing it yourself will in most cases be more profitable, given a couple of areas you need to manage or understand. First, do you have the time to manage it? Whether we like it or not, any new... (more)
Question added to topic Starting a BusinessDecember 21, 2007

How should I ask friends and family to invest in my startup without making things awkward?

First, prepare. Figure out what you will spend the money on and the repayment details. Once you have it all figured out, create a workable and detailed plan. Now you are ready to present this... (more)
Question added to topic Starting a BusinessDecember 5, 2007

Can I start a sole proprietorship with my wife jointly?

You cannot form a sole proprietorship with any other person, spouse or otherwise. By definition, a sole proprietorship can have only one owner. As soon as more than one owner gets involved, the... (more)
Question added to topic Starting a BusinessDecember 4, 2007

What should I be doing now to be able to own a business in a few years?

This is a great question to ask a lot of people, because there's no set answer. Lots of people will have lots of different opinions. For me, I'd say focus on getting an education that teaches... (more)
Question added to topic Starting a BusinessNovember 8, 2007

Should I make my business a non-profit?

Hi, Put simply, yes, I would guess not-for-profit would be a great choice. Your higher purpose is generally a great case for why you would use not-for-profit status. Get a great accountant or... (more)
Question added to topic Starting a BusinessNovember 8, 2007

How can I best utilize my foreign language skills as an entrepreneur?

Hey Hunter, Generally, it would be good to get involved in some form of consulting or sales representation. You could help American counties who want to open in Russia or Eastern Europe.... (more)
Question added to topic Starting a BusinessNovember 7, 2007

How do I continue plans for my business or product if I find that someone has already gotten ahead with the same idea?

Don't worry about it, ideas are a very small part of a successful business. Apple wasn't the first personal computer company, Ford didn't build the first car, McDonald's wasn't the first hamburger... (more)
Question added to topic Starting a BusinessOctober 1, 2007

How helpful would it be for me to contact a S.C.O.R.E. volunteer in order to help me brainstorm business concepts?

Dan, SCORE is a great resource and depending upon the volunteers that staff your area, you could be matched with someone great in idea generation or someone with no experience. My simple... (more)
Question added to topic Starting a BusinessOctober 1, 2007

How helpful would it be for me to contact a S.C.O.R.E. volunteer in order to help me brainstorm business concepts?

Dan, SCORE is a great resource and depending upon the volunteers that staff your area, you could be matched with someone great in idea generation or someone with no experience. My simple... (more)
Question added to topic Starting a BusinessOctober 1, 2007

How helpful would it be for me to contact a S.C.O.R.E. volunteer in order to help me brainstorm business concepts?

Dan, SCORE is a great resource and depending upon the volunteers that staff your area, you could be matched with someone great in idea generation or someone with no experience. My simple... (more)
Question added to topic Starting a BusinessOctober 1, 2007

Is it better to go it alone on an invention or give your idea to a company to create and market?

Great question and the answer is tough given how little detail I have to work with. It really depends. That said, most great inventions (and by great I mean they sold a lot) are handled by an... (more)
Question added to topic Starting a BusinessSeptember 26, 2007

What's in a name?

Contrary to popular assumption, business names rarely exist outside of contextual support. Can you name an instance where your name alone has to explain what you do, how you do it, and why you're... (more)
Question added to topic Starting a BusinessSeptember 26, 2007

What's in a name?

Contrary to popular assumption, business names rarely exist outside of contextual support. Can you name an instance where your name alone has to explain what you do, how you do it, and why you're... (more)
Question added to topic Starting a BusinessSeptember 26, 2007

What's in a name?

Contrary to popular assumption, business names rarely exist outside of contextual support. Can you name an instance where your name alone has to explain what you do, how you do it, and why you're... (more)
Question added to topic Starting a BusinessSeptember 26, 2007

What's in a name?

Contrary to popular assumption, business names rarely exist outside of contextual support. Can you name an instance where your name alone has to explain what you do, how you do it, and why you're... (more)
Question added to topic Starting a BusinessSeptember 26, 2007

What's in a name?

Contrary to popular assumption, business names rarely exist outside of contextual support. Can you name an instance where your name alone has to explain what you do, how you do it, and why you're... (more)
Question added to topic Starting a BusinessSeptember 23, 2007

Should I hire a writer to make my business plan look more professional?

Many people hire business plan writers to make their plans look "more professional," but a slick presentation alone won't make investors write that check. The best reason to hire a... (more)
Question added to topic Starting a BusinessSeptember 23, 2007

Should I hire a writer to make my business plan look more professional?

Many people hire business plan writers to make their plans look "more professional," but a slick presentation alone won't make investors write that check. The best reason to hire a... (more)
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