Things to Know Before Starting a Small Business

StrategyDriven Starting Your Business Article |Starting a Small Business|Things to Know Before Starting a Small BusinessIt’s pretty brave. Gathering your skills and wits to set sail into the unknown world of a new business venture takes real courage, whether folks admit it or not. There’s just so much you have to keep in mind at all times when you’re starting something new.

Everything will be up to you, ultimately, especially during the early stages of the development of your business. Staffing, rosters, marketing, and even finding ways to send a fax online; will all be your responsibility in the final reckoning. That’s the job of being an owner.

Seeing the Bigger Picture

Bigger picture thinking is probably something you do quite well, or you wouldn’t be embarking on this journey to begin with. But, being naturally adept at something doesn’t necessarily make you a master of it without concerted effort.

You’ll have to be able to see exactly how your business will interact within the specific context in which you’re planning to operate. This means developing it from the ground up. You will need to have a very thorough grasp of precisely what it is you’re adding to the market.

Not only will you need to be intimately familiar with the larger perspective, but you’ll also be the one who makes it visible to your team. For this, you’re going to have to be a positive motivator and leader, which is where a lot of entrepreneurs thrive and shine.

The Devil’s in the Details

The flip side of the wider context is those pesky details. Once all the big stuff makes sense, you’re likely to find that it’s all the smaller things that conspire against the entrepreneurial spirit.

Until you’re in a position where you’re able to hire specialists in these nitty-gritty areas, you’re going to have to manage it on your own. Very often, it will seem as if you’re trying to plug a levee that keeps springing new leaks, but there’s no other option.

It’s asking a lot of anybody, but the business world slows down for no one, and the only solution is to have a panoptic view of every single thing that takes place. From the big dream all the way to the littlest feature, all is within your purview.

Know the Law

The last of these three considerations is by no means the least. Having a decent grasp of the laws surrounding your specific business is essential to success, as even businesses with a low legal footprint still have HR regulations and tax laws to navigate.

If your business model involves higher contact with areas of law, such as environmental impact assessments, you will have to become conversant in those areas too. It would be a shame to have created something great, only to run afoul of a legal hurdle somewhere.

Concluding Word

Creating new businesses is what keeps the world ticking along. Every economy on Earth welcomes this pioneering zest, especially because it isn’t easy. You have to be all things to all people, the big idea person and fount of all knowledge rolled into one.

Risk and reward are the binary poles, though, so if you can manage to master the context, the detail, and the legal stuff all at once, you will also be the master of your new life. It’s the start that’s the most difficult of all, however once the ball starts rolling it will gain momentum.

Launching Your New Business, the Stress-Free Way

StrategyDriven Starting Your Business Article |launching a new business|Launching Your New Business, the Stress-Free WayWhen you decide to launch a new business, you may find yourself being put off or even sidetracked by the potential stress that may come alongside your new venture. You may have heard stories about unsuccessful business launches, or you may have heard about chaotic startups, and they may have put doubts into your mind about whether a new business is a way you want to go. Well, fear not, it is not all as bad as it seems or as it is made out to be. The process of launching a new business can be enjoyable and stress-free if you want it to be, and the way to make this happen is to plan as much as you can. Plan for all eventualities, and always utilize the assistance and guidance of experienced business professionals.

Write a Business Plan and a Marketing Plan

Without a business plan and marketing plan, you will not know what you are doing, when, and why, so make it a top priority to create them. A business plan will allow you to see where your business needs to be, and a marketing plan will allow you to see what action needs to be taken to reach your customers and target audiences. Both are interdependent on each other, so try and create them simultaneously if you can.

Get Your Finances Straight and In Order

Knowing how you will finance your business and knowing how you will keep track of the finances will take a huge weight off your shoulders. When you get your finances straight and before your launch your new venture, you will ensure that you can start and run your business efficiently and effectively.

Utilize Professional Guidance and Assistance

When you launch a new venture, you can be tempted to try and undertake every role or aspect yourself, and this might not be as beneficial as you originally anticipated. However, utilizing professional guidance and advice from professionals such as William Bevins, a financial advisor in Franklin TN, will ensure that your business is set up correctly from the start, helping you avoid any unnecessary stress, pressure, or hassle. In addition, when you utilize advice and guidance from professionals, you avoid common pitfalls, pitfalls that may cost you both time and energy.

Break Up the Startup Process

Having false illusions about how quick it is to launch a new business is one of the things that can add unnecessary stress and pressure. Do not expect to do everything overnight as this will not happen; instead, plan for the process of getting your business up and running to take a few weeks. Break up what needs doing into small and manageable chunks and targets, and this way, you will get everything done in a stress-free and easy way. When you break up larger jobs and tasks, you make them more realistic and achievable, and this is what you are aiming to do when launching a business, a stress-free way.

How to Run a Successful Video Game Development Company


If you grew up as a gamer or are still an active player, they you may have dreamed of being a game developer one day. Or maybe you saw the success of a seemingly simple game like Angry Birds and thought you’d have a go at it. Truth is, starting a game company is more than a pipe dream and definitely possible if you have the know-how and determination to do so. Here are a few tips on how to establish a successful gaming company.

Gather Extensive Knowledge

Before you even start thinking of establishing your company, make sure that you gather as much knowledge as you can about the industry first. Read as many news stories, analyst reports, sales numbers, magazines, target research and market analysis as you can. Be sure to also read up on the type of gaming equipment on the market, either to buy them for your company, or know what you’re up against. One product that we recommend checking out would have to be the gaming laptop from Razer’s site (https://www.razer.com/gaming-laptops) which is steadily gaining popularity in the market. Once you have all this information, you can identify your target market and on what platform you will develop games, may it be home gaming consoles, portable devices or browser based social games.

Try to Get a Competitive Edge

The best way to get a competitive edge is by hiring better. What separates gaming companies is not just funding and marketing skills, but the quality of their teams. Try to hire for creativity, problem solving, hunger, intelligence and most importantly, passion, and make it clear in your game designer job descriptions. The most successful teams hire people with a genuine interest in gaming, people who are avid gaming fans and gamers themselves. This allows them to create games with the player in mind first.

Once you’ve built your team, make sure you communicate your core principles to them, the principles that make your company unique and aren’t altered by market forces, platforms or competitive influences. Then make sure these principles permeate every part of their work. Communication is key to building a build successful team in any industry, so the importance of hiring experienced communicators in the video game industry is not to be underestimated.

Find the Right Partners

You’ll most likely have to seek financial aid or a partnership if you’re just getting started in the industry. This is why it is important that you partner up with people who also have a deep passion and understanding of the gaming industry. You have to go with someone who understands the gaming development process, believes in you and your vision and is ready to support you every step of the way.

You should also seek partnership from more experienced mentors that could educate you on some of the aspects of the industry you may lack expertise in.

Create the Gaming Company You’ve Always Wanted

What separates brands like Apple and Google is their culture. Both have very different ways of working and company cultures to other brands in their sector, and that’s what sets them apart and makes them so successful. Don’t be afraid to let your personality shine through when creating a company culture and focus on the aspects you value the most.

Building a successful gaming company can be done if you know what you’re doing, and you have the drive and knowledge necessary to make it. If you follow the tips in this article, you’ll be one step closer to building a successful game development team.

Legal Issues You Can’t Afford to Ignore When Starting Your Business

StrategyDriven Starting Your Business Article |Legal Issues|Legal Issues You Can't Afford to Ignore When Starting Your BusinessStarting a business can be a daunting task. There are so many things to consider, and you want to ensure that everything is taken care of before you get started. One thing that often gets overlooked is legal issues.

Legal concerns can be hard to navigate, and not understanding your rights could lead to major financial losses down the road. In this blog post, you’ll learn some of the most common legal issues businesses face when starting up and their solutions!

Have a Business Name

If you don’t have a business name, it can be difficult to get bank accounts or file your LLC. You need both the entity and its operation name for this step!

Register Your Business

You also want to register with the IRS as soon as possible to comply with any tax laws. The faster you do this, the less likely you are to run into any legal issues.

Signing Employment Agreements

If you plan on hiring employees, it is important that they sign an employment agreement before starting work. Also, make sure not to discriminate in your company’s hiring policies!

On the other hand, it’s essential to have multiple Labor Law Posters within the office to actively educate your employees on the rules and regulations.

Have a Lawyer

It is advisable that every business have a lawyer to create their operating agreements because this sets up the rules for how the company will run.

Legal Operations Every Business Needs

It is vital to understand the legal issues and protections you need when starting a business. There are numerous laws for taxes, labor, environmental protection, zoning, and many more that may not be obvious but can impact your business significantly if you don’t take care of them upfront.

Some essential items include incorporation and registration, trademarking (trademarking can also take care of website domain name registration), intellectual property, licensing to conduct business, and others.

Incorporate Your Company

Incorporating your company will protect it from creditors and other debts after bankruptcy or dissolution. However, it’s important to note that a sole proprietorship is not an incorporated entity which means if you do not incorporate, then the risks are higher.

Labor law

If you have employees, it is essential to consider labor law which states that an employer must pay minimum wage and overtime as appropriate for hours worked over 40 hours in a workweek. It’s also mandatory by law to put together and maintain a set of workplace rules.

Other laws may apply depending on the type of business.

Know Your Location

It’s important to know the zoning for your business location. Some areas may not allow certain types of businesses or could be subject to other limitations that you should consider when deciding on a space.

Trademarks

Trademarks can protect against infringement and also serve as an indicator in interstate commerce, which is why it’s so important that you trademark your business name and domain.

License

A license is required to operate various businesses in the U.S., including selling alcohol, using toxic materials, or handling animals. Licenses may be granted by federal agencies like the FDA but also at the state level for certain activities as well.

The number one thing you can do before starting a business is to gather the necessary legal documents and understand what’s required. This will help you save time, money, and headaches in the future.

To make sure that you don’t get in trouble with the law, take a look at this list of legal issues to watch out for when starting your business. Do some research into what these things are and how they can affect your company, so you know what to be on guard for. Don’t let ignorance or lack of information put you and your business in jeopardy!

3 Steps To Take Building Your Business From The Ground Up

StrategyDriven Starting Your Business Article |Build your business|3 Steps To Take Building Your Business From The Ground UpAre you getting ready to open the doors of a new business? If so, then you do need to make sure that you take the right steps here. It’s important to make sure that you are thinking about what crucial steps you should be taking from day one. The right steps will guarantee that your business is secure and ready to compete with some of the bigger players who are already on the market and doing a fantastic job of working the narrative. Here are some of the options we recommend that you do think about.

Get The Best Tech And Equipment

First, you do need to make sure that you are getting the right tech and equipment for your company. Do be aware that the equipment that you use can become part of your brand and shift the perception that clients have of your company. You need to make sure that the perception is positive and the measure is clear. If you are interested in rising to the top then you also need to make sure that you’re not overpaying. This can set you back financially from the beginning. You should use resources like https://fleetupmarketplace.com to ensure that you are not overpaying for the vital equipment you need.

Insurance

It doesn’t matter what industry you are joining or what sector you are going to be a part of. Regardless of how large or small your business plans are, you always need to make sure that you do invest in the right insurance plans. The key coverage here will ensure that your business is protected from any possible disaster that you could encounter. Specialist insurance options are also worth considering too. For instance, if you are running a business with a lot of technology at the heart of it, then it does make sense to think about cybersecurity insurance. This is all about planning for the key worst-case scenario.

Get The Right Team

Finally, a business is only ever going to be as strong as the team working behind the scenes. Don’t forget, your business team is going to decide and determine your level of productivity and help you build the right reputation for your brand. You need to make sure that you are getting innovators and key thinkers. If you are interested in this idea, we recommend that you do look at using a recruitment agency to help you along the way.

We hope this helps you understand some of the key steps that you need to take when you are building up your business from scratch. If you explore these options, then you will be able to guarantee that you do have the right level of security in place. You can mitigate levels of risk and guarantee that your business is not going to be exposed to threats on the market. You can also take measures to ensure that your business is more competitive in a heated market, potentially rising above some of your top business rivals who are already on the field.