How Small Businesses Operate

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How Small Businesses Operate

• Learn To Get Started

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The Number One Reason

• 67 Personal passion
• 21 A way to pay the bills
• 8 In between jobs

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quick Statistics

• Businesses spend 14 hours a week conducting
  everything related to business service.
• 6 hours a week are spent attracting and retaining
  customers.
• 5 hours are spent on communication- phone calls,
  emails, text messages.
• 3 hours on managing finances
• Only 3 hours are dedicated to Web Marketing.
• This includes social media, company website, and
  blogs.
• 2 hours are spent on contact manage and 2 hours
  are spent on employee management such as
  recruiting and hiring.

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Time spent a week managing a business

• 21 hours are spent in the office
• - keeping organized, such as utilizing various
  desk supplies is key to higher productivity!
• 12 hours are spent managing the
  business On the go

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Where work is done
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How to get started

• Think about starting a business?
• Number one question.
• Do you know enough about the industry you are
  going into?
• For example if you are going into the business
  of selling office supplies look into who are the
  major competitors?
• What products are they offering?
• What is their branding campaign?

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10 Steps to starting a business

• 1) Write a Business Plan
• 2) Get business assistance and training
• www.sba.gov
• 3) Chose a business location
• 4) Finance your business
• 5) Determine the legal structure of your business
• 6) Register a business name
• 7) Get a tax identification number
• 8) Register for space and local taxes
• 9) Obtain business licenses and permits

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Continued..

• 10) Lease an office space go shopping!
• When you start purchasing the supplies your
  business needs first and foremost MAKE A LIST.
• Here is a list of the basics
• Copy Paper
• Ball pens, Pencils, Markers
• File cabinets for organization and storage
• Presentation boards
• Electronics and Technical Supplies

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About the author
Shoplet is the leading purely online office
supply retailer. Founded in 1994, Shoplet is one
of the original e-marketplaces.
Our specialties include office supplies, Ink and
Toner Supplies, and Cleaning and Maintenance
Equipment.
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Sources

• http//www.ritholtz.com/blog/2012/02/how-small-bus
  iness-operate/
• http//www.sba.gov/content/follow-these-steps-star
  ting-business