Guest Writer Spotlight: 7 Easy Steps to Starting a Business in One Day
Guest Writer Spotlight: 7 Easy Steps to Starting a Business in One Day – By Sharon Redd
Are you thinking of starting your own business? It can seem like a daunting task, but it doesn’t have to be. Follow these seven easy steps, and you’ll be on your way to starting a business in one day.
Ready? Let’s get started.
8 a.m. to 9 a.m.: Come Up With a Business Idea
If you have an idea in mind, go over it and figure out how you’re going to turn your passion into a business. Here are five key ways a business can make money: publishing media and content, selling a product or service, subscriptions, and memberships.
Tired of working for others and have a great idea for a new small business? Follow these seven simple steps as outlined by Guest Writer Sharon Redd to start the process toward building your own business today. Image via Pexels
9 a.m. to 10 a.m.: Choose the Right Business Structure and Open a Bank Account for Your Business
Small businesses make up 99.9% of all businesses in the U.S. economy. There are 4.2 million small businesses in California alone, as of 2021. So, it’s a great time to start your small business. When you’re starting a business, the structure that you choose will affect your taxes and legal obligations. The three main business structures are sole proprietorships, LLCs, and corporations.
A limited liability corporation offers some of the same features as a corporation, such as limited liability. However, it has significantly less paperwork than a corporation. The regulations for these structures vary by state. You can check California’s requirements here.
Once you’ve registered your business, it’s time to open a bank account. You can quickly open an account online. California has a number of banks that are specific to small businesses, as well as large national banks that offer business accounts.
10 a.m. to 11 a.m.: Set Goals for Your Business
Now that you’ve figured out the basics, it’s time to set some goals. Business goals are exactly what they sound like. They are measurable objectives that your business wants to accomplish within a certain amount of time. For instance, a goal might be to make $10,000 in your first quarter.
11 a.m. to 3 p.m.: Start Marketing Your Business
Once you’ve chosen a name, come up with social media handles, and created your logo, it’s time to get marketing. Marketing is the act of promoting your business. There are many ways to market yourself, but these are some tried-and-true methods that work well for small businesses: search engine optimization, paid advertising, social media, and email
marketing.
3 p.m. to 4 p.m.: Plan for the Long-Term
You’ve done the hard work of starting your business. Now, you can kick back and relax (or do something else to earn money). However, you shouldn’t totally abandon your fledgling company. Instead, it’s time to start planning for the future. This includes creating a business plan and possibly thinking about hiring a freelance team to help you maintain your company.
4 p.m. to 5 p.m.: Look for Ways to Market Your Business
Your business success lies primarily in long-term planning and not short-term ideas. However, it’s essential to take the first step and set it up. Great jumping off points for marketing your new business can be found here.
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About the writer: Sharon Redd created Live All the Way to help others live life to the ABSOLUTE FULLEST. She believes life all the way is a life with all the toppings! It’s ordering guacamole and queso at the restaurant. It’s wearing those bright pink shoes, no matter what anyone else thinks. It’s using your formal china for every meal and hugging your friends every time you see them. It’s eating ice cream for breakfast and so much more. Her goal, each and every day, is to live all the way and her mission is to help others do the same.
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Trevor Montgomery, 51, moved in 2017 to the Intermountain area of Shasta County from Riverside County and operates Riverside County News Source (RCNS) and Shasta County News Source (SCNS), which act as stringer-news providers for other mainstream media organizations throughout the two regions they serve.
Additionally, he writes or has written for several other news organizations; including Riverside County based newspapers Valley News, Valley Chronicle, Anza Valley Outlook, and Hemet & San Jacinto Chronicle; the Bonsall/Fallbrook Village News in San Diego County; and Mountain Echo in Shasta County. He is also a regular contributor to Thin Blue Line TV and Law Enforcement News Network and has had his stories featured on news stations throughout the Southern California and North State regions.
Trevor spent 10 years in the U.S. Army as an Orthopedic Specialist before joining the Riverside County Sheriff’s Department in 1998. He was medically retired after losing his leg, breaking his back, and suffering both spinal cord and brain injuries in an off-duty accident. (Click here to see segment of Discovery Channel documentary of Trevor’s accident.)
During his time with the sheriff’s department, Trevor worked at several different stations; including Robert Presley Detention Center, Southwest Station in Temecula, Hemet/Valle Vista Station, Ben Clark Public Safety Training Center, and Lake Elsinore Station; along with other locations.
Trevor’s assignments included Corrections, Patrol, DUI Enforcement, Boat and Personal Water-Craft based Lake Patrol, Off-Road Vehicle Enforcement, Problem Oriented Policing Team, and Personnel/Background Investigations. He finished his career while working as a Sex Crimes and Child Abuse Investigator and was a court-designated expert in child abuse and child sex-related crimes.
Trevor has been married for more than 30 years and was a foster parent to more than 60 children over 13 years. He is now an adoptive parent and his “fluid family” includes 13 children and 18 grandchildren.