3 ESSENTIAL TOOLS FOR STARTING AND MAINTAINING A

3 ESSENTIAL TOOLS FOR STARTING AND MAINTAINING A
SMALL BUSINESS
by: ryan hough
we believe that there are 3 factors that drive the
SUCCESS OF SMALL BUSINESSES.

1) ACQUIRING START-UP CAPITAL
2) finding customers
3) accounting for, budgeting and controlling sales
AND EXPENSES


the following resources will help your small business
achieve these success factors.

acquiring start-up capital

an adequate supply of capital is essential as many
profitable businesses fail because they don't have
ENOUGH CASH TO PAY THEIR EMPLOYEES AND SUPPLIERS. BUT
what is an adequate supply of capital? the only way
to tell is by doing a significant amount of research
ON YOUR POTENTIAL MARKET AND FORMALLY DOCUMENTING
this in a business plan. i'm sure you know that a
business plan is a very important document that is
CRUCIAL TO CONVINCING YOUR BANKER TO LEND YOU MONEY.

THERE ARE TWO WAYS TO OBTAIN A BUSINESS PLAN.

1) DO IT YOURSELF BY AMENDING A BUSINESS PLAN
template, or
2) hire a professional to do it for you.

obviously obtain 1) will be a great deal cheaper.

our research led to a website that has over 60 high
QUALITY AND FREE BUSINESS PLAN TEMPLATES. WE ALSO
found a directory that you can use to easily find a
business plan writer in your city - where ever you
LIVE IN THE WORLD.

FINDING CUSTOMERS

FINDING CUSTOMERS IS A DIFFICULT AND EXPENSIVE TASK
for service business owners such as accountants,
lawyers and plumbers. we believe that a cost
EFFECTIVE MARKETING STRATEGY FOR SERVICE BUSINESS
owners is to simply give all their personal contacts
a few business cards.

our research led to a few websites that have
PRE-DESIGNED BUSINESS CARD TEMPLATES. WE FELT THAT
the diversity and quality of these designs was
outstanding. in addition, we found that you can
OBTAIN A SIGNIFICANT SAVING BY FINDING A PRINTING
service on the internet. we found that you could get
2,000 full color business cards for as little as us
$150.

ACCOUNTING FOR, BUDGETING AND CONTROLLING REVENUE AND
expenses

accurate accounting is very important for small
business owners. it's essential that you have timely
ACCESS TO INFORMATION THAT COULD MAKE OR BREAK YOUR
business. if stocks are running low - you need to
know about it. if a large proportion of your debtors
HAVEN'T PAID - YOU NEED TO KNOW ABOUT IT. IF YOU DO
not react to these situations quickly you may have a
situation where you don't have enough money to pay
YOUR EMPLOYEES - OR WORSE STILL SOMEONE IS STEALING
cash out the till.

our research led to a website that compares and
reviews top accounting software for small businesses.
THE CHEAPEST SOFTWARE COST US $89.99 AND THE MOST
expensive software cost us $1,499. it was interesting
to note that the top 3 ranked websites were not the
MOST EXPENSIVE AND COST BETWEEN US $250 - US $300.

HOPEFULLY YOU NOW HAVE AN IDEA OF SOME OF THE TOOLS
that you can use to grow and maintain your small
business. if you would like to benefit from our
RESEARCH PLEASE VISIT OUR WEBSITE. WE DO NOT CHARGE
for this research and offer the content freely on our
website.

about the author:
HTTP://WWW.BEST-QUALITY-SMALL-BUSINESS-RESOURCES.COM/
[2]

RYAN HOUGH IS THE WEBMASTER OF BEST QUALITY SMALL
business resources.com, who's aim is to help you save
time and money by finding reviews and case studies
THAT WILL ENABLE YOU TO CHOOSE THE BEST RESOURCES AT
the right price.

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