College Search
Financial Aid
Admissions
Job List
Online Classes
Certificates
Test Prep
Web Design
Psychology
Business
Finance
Medicine
Nursing
Engineering
Computer
Law
Math
English
Languages

Business Administration


Your business plan is a snapshot of your business and associated financial goals. Before launching a business, research your target industry and competitors, and if you need outside funding, financial projections that support your request will be required. Make use of templates online to assist you in writing an original business plan. This will serve as a roadmap, laying out how you plan to start and run your enterprise. Choose a realistic location, first and foremost, to give yourself a chance at success.

You need to learn the balance between high-traffic and high-rent, in order to select a viable location and adhere to zoning laws. Low rent often spells no customers, so if you can't afford the rent for a quality high-traffic location, reconsider your business ideas. Working capital is always in short supply, but has to be enough to cover the first six months. To begin, you must obtain a Tax ID, register a business name, and get a business license. Also, you must select a business structure that matches your operation, whether that's self-employment, a partnership, or incorporation. Further, if you are planning to hire other people, regulations get complicated very quickly, and you should consider hiring an attorney.

Write a 1-Page Business Plan
Free
by William U. Pena, MBA, Author of The 3 Day Entrepreneur
5.5K students 278 active students (19 Reviews)


Start a Business
Executive Summary
DBA Name
Company Description
Business Plan Tips
Doing Business
Estimating Startup Costs
Developing a Marketing Plan
Understand Your Market
Small Business Resources
Choosing Your Business Location
Service or Product
Build a Franchise


Management
Management
Decision Making
How to Incorporate
Sole Proprietorship
Self-Employed
Home-based Business
Partnerships
S Corporation
LLC, Limited Liability
Women Owners
SBA Agreements
Cooperative


Operations
Manufacturing
Packaging
Logistics
Export Assistance
Leasing Equipment
Commercial Space


Industries
Automotive
Chemicals
Construction
Consumer Goods
Mining
Real Estate
Electric Power
Energy
Exporting
Food & Beverage
Health Care
Biotech
Publishing
Govt Surplus


Sales, Marketing
Advertising
Market Analysis
Sales
Sales Training
Online Marketing
Television & Radio
Coupons


Human Resources
Job Descriptions
Background Check
Hire a Contractor
Hire Employees
Managing Employees
Employee Handbooks
Employee Benefits
Health Insurance
Job Search
Starting Salaries
Business Finance
Breakeven Analysis
Cash Flow
Growth
Loans
Credit Cards
Funding Request
Venture Capital
Grant Writing
Research Grants


Accounting
Financial Projections
Financial Statements
Business Tax ID
Federal Taxes
State Taxes
Crowdfunding
Retirement
Tax Planning
Wills & Estate Planning


Investing
Stocks
Options
Commodities
Bonds
Forex
Mutual Funds
Investing Tools
Stock Screener
Stock Quotes
Interactive Charts
Most Active
Company News


Regulation
Fair Practices
Federal Licensing
Contracts
State Agencies
Employment Law
SBA Legal Resources
Criminal Law
Chapter 11 Bankruptcy
Patents
Trademark Law
Copyright Law
Small Business Law
Internet Fraud
Accounting Law


Online Security
Security Online
Social Media
Telecom
Identity Theft
Cybersecurity Tips


Closing a Business
Closing Business
Selling a Business
Exit Plan
Transfer Ownership
Liquidation
Bankruptcy


Business Tests - Free Practice!

Each of the following multiple-choice business management tests has 10 questions to work on. No sign-up required, just straight to the test.