Welcome back. We are here to talk more about forming a small business in 2019 and the steps you should consider taking. If you have any questions about this information or would like to speak with our lawyer in Raleigh NC, contact our office today.
Here, you'll find additional steps that you can take to help you create a business plan. This is a continuation of our previous blog. You'll find more information on that, here.
How Will You Advertise? Marketing today is far different than it used to be. Often, businesses would rely on word of mouth or printed ads in newspapers for their advertisements. Now, radio ads, digital marketing, and online reviews are popular and work well to get the word out about businesses. Be sure to consider each of these platforms and how you’ll use them to advertise your product or services. Also, take time to think about how many customers you would like to reach and sell to in the first year. Then, consider the next two years.
What Is Needed for Success? Will you be able to grow and develop your business on your own? Will you need to network, form partnerships with other businesses, or hire employees to help you reach your goals? In addition, what does your company need to work towards success? How will you measure performance?
What Are Startup Costs? Every business has startup costs. Whether they’ll be affordable or need to be paid for through financing depends on the type of business you’ll open. Consider things like the cost of the structure and initial needs for the startup, including purchases for equipment, employees, and utility bills.
For more on forming a small business in 2019, head over to our final installment of this series. There you'll learn about incorporation.
As your business grows and becomes more complex, consider contracts and agreements as a way to protect you, your staff, and your customers from unnecessary legal situations. Our lawyer in Raleigh NC can do the bulk of the work for you so that you can stay focused on your business, customers, and staff.
Lawyer in Raleigh NC | Eldreth Law Firm | Small Business Law
We know how stressful it is to start your own business. With all the various steps and decisions to make, you shouldn't have to worry about paperwork, contracts and other documents that may be needed. Contact our lawyer in Raleigh NC for help with this.
