Buy a Small Business in the United States Posted by nick_niesen on October 28th Cheap Puma Rihanna Shoes , 2010
If you are looking for a business opportunity, the Small Business Administration (SBA) has an excellent website, including a search option for small businesses for sale in the United States. They also have financial options for those who are looking for a business opportunity to consider.
Small businesses consistently employ fifty percent of the workforce in the United States. Fifty-three percent of all small businesses are home-based, while three percent are franchises. You can always find a business opportunity that has to do with franchises. Franchises are a worthwhile consideration, simply because in most cases, the name and products are well known. If you take advantage of this type of business opportunity and buy a successful franchise Cheap Puma Fenty , you usually don聮t have to worry about it folding in the first year. Franchise has a list of franchises offered for sale in the United States, as well as in other countries. You can look at a list of franchises and decide on the one you are interested in, and then learn more about it. The website also lists the franchise fees and investment required.
According to the SBA, there were 24.7 million small businesses in the United States in 2004, the last year for which figures are available. 580,000 new small businesses opened in 2004 and 576 Cheap Puma Slides ,000 closed in the same year. The competition for any small business to succeed is ferocious, but with more than 24 million in existence, it聮s clear that they do succeed.
If you are going to be working in the business yourself, it聮s important that you buy a business that you truly care about. If however, this business opportunity is purely an investment for you, then certainly the best business deal financially would make sense. Some people who open new businesses work 14 Cheap Puma Creepers , 16 or even more hours per day until the business really gets off the ground. This would be almost impossible to do if you didn聮t like what you were doing.
Home business opportunities are as far and wide as your imagination. You can start your own business or buy an existing one. You could have an online business, or a more conventional store or office. If you select a business opportunity that will have you doing something that you love, the money will likely follow.
It聮s not difficult to find a business for sale. There are listings all over the Internet, as well as in almost every newspaper in the country. What matters, obviously, is finding the right business - one that will meet all of your needs Cheap Puma Rihanna , not just your financial ones. How much time do you have to devote to this business? Will this be your only business or one of many? Will you run it yourself or will you hire people to do that for you?
You can do, or you can hire others to do, some sophisticated market research to ensure that your product or service will sell in certain areas. Of course, if it聮s an online business opportunity, you can do plenty of your own research quite easily. You can look at what other websites are selling, whether it is a product or a service Cheap Puma Shoes , and to a degree, you can see how popular they are.
If you need to get a loan for your business opportunity, you have several options. The SBA can direct you to several loan options, although they don聮t lend money themselves. The SBA is a great place to start anyway, simply because they do have so many resources. They have a lot of statistical information that you might find helpful in your market research, and they have several free publications to help you along in your small business journey.
Probably the most important thing you can do before buying a small business is your homework. Investigate more than one business before settling on a specific business opportunity Cheap Womens Puma Fenty , and above all, make sure it is something that you enjoy!
It is a common business axiom ? change or die. As a small or mid-sized business owner or a manager, there will be times you will need to make changes in your organization but may not be sure how to go about it.
Change is hard to implement and even harder to sustain. Think about all of the people who have trouble sticking to a diet or quitting smoking or keeping up with an exercise program, let alone just starting. If changing yourself is hard, how can you change an entire business, organization Cheap Womens Puma Slides , process or department?
As a Certified Business Coach, one of the biggest challenges my clients face is this issue of change. Did you know there are eight reasons why organizations fail to change from a lack of urgency to underestimating the power of vision to failing to create short-term wins? The eight reasons are:
Lack of a sense of urgency
Failing to create a sufficiently powerful guiding coalition
Underestimating the power of vision
Not communicating the vision
Allowing obstacles to block the new vision
Failing to create short-term wins
Declaring victory too soon
Neglecting to anchor changes firmly into the corporate culture
Take the third reason, for example, underestimating the power of vision. A clear vision helps direct, align and inspire actions on the part of large numbers of people. Lack of vision, on the other hand Cheap Womens Puma Creepers , leads to lots of debate and confusion. Think about the organizations you have worked for or know. When everyone understands the vision, work gets done, employees are energized, and processes get put into place. Without a guiding vision, employees lose passion, urgency and focus. And Cheap Womens Puma Rihanna , it is just as critical to communicate your vision ? reason number four ? instead of keeping it in your head. Communicate your vision to your employees, vendors and clients ? often.
How can a business leader do it all ? create and communicate a vision, get the work done and make a profit? Business coaches help business leaders step back and create the processes necessary to communicate and sust.