article thumbnail

13 Critical Small Business Legal Requirements to Start a Business

Up and Running

Not only do these requirements ensure that businesses operate within the law but it also protects small business owners and their consumers. . Let’s take that innovative new business idea and walk through all the requirements you need to consider to successfully start a business that’s legally recognized.

article thumbnail

Tips for Writing a Successful Business Plan for a Daycare Center

Up and Running

Working out a business plan for your daycare center can be a challenge. As someone who owns eight successful daycares in the Chicago area, I know the strategies and approaches that work when it comes to developing a sound business plan for a daycare center. It serves as a cornerstone of your vision as you move forward.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Potential Pain Points When Starting a Small Business

Up and Running

These already successful business owners have put everything they can into growing their idea: life savings, loans from family members, income from their day job, and so on. But, they’re still in need of more capital to turn their business into something from which they can see free cash flow. Struggling with effective time management.

article thumbnail

Solopreneurs Can Grow Faster and Smarter With a Lean Business Plan

Up and Running

Though you may be tempted to immediately throw yourself into your new small business, don’t forget a crucial element: creating a business plan. Yes, the words “business plan” might trigger some dread about epic documents that take a ton of time to produce—but that’s not necessarily what a business plan needs to be.

Lean 64
article thumbnail

5 Startup Cost Realities Most Founders Underestimate

Startup Professionals Musings

Unfortunately, even today, building a good product doesn’t guarantee you a business. Most entrepreneurs realize and budget for the additional costs of incorporating a business, marketing, equipment costs, and manufacturing. No matter how well you plan your financials, there’s no way for you to account for all the unknowns.

Cost 264
article thumbnail

Lean Business Planning with Tim Berry [VIDEO]

Up and Running

We recently had Tim Berry, Palo Alto Software founder and business planning expert, present our Bplans audience with his latest advice on lean business planning. It’s all about making your business life easier, doing what works best, getting the best results by tracking what works and always improving.

Lean 60
article thumbnail

Why Tools and Apps Are Essential In Managing A Small Business

YoungUpstarts

In case you own a small business, you’re about to find out that running a small business is not as easy as it may sound to be. Regardless of how incredible your initial business idea is, running a business requires experience, knowledge, and workforce. Communication is Important for Every Business.