Whether or not you should start your own business depends on if you have the right motivations, capabilities, and personality required to build a company. Starting a business can be challenging, and it’s important to ask yourself three specific questions before taking the leap. The three questions to answer when wondering should I start my…
About the Author
Edward Daciuk
Edward Daciuk is a contributor to Fit Small Business and has helped start and build 3 different technology companies. This includes a fintech startup that raised $20 million in venture capital, went from a PowerPoint to 400 bank and hedge fund customers, and then sold to the Chicago Mercantile Exchange. He helped launch Inc.com, the internet arm of Inc. magazine, where he served as CFO and COO. Prior to that, he cofounded Periscope Systems with startup capital from KPMG and sold it to a boutique investment bank.
How to Come Up With a Business Idea in 4 Steps
The best business ideas involve solving a problem, preferably with a unique solution. To come up with a great business idea, you’re going to need to become an idea detective, research business ideas, brainstorm solutions, and test your idea. Once you’re done, you’ll be ready to start a sustainable business. Once you have a business…
How to Become a Personal Trainer in 6 Steps
When learning how to become a personal trainer, many do it because it can be a lucrative career choice. In fact, you can reasonably expect to make between $40,000 to $100,000 plus per year as a personal trainer. If done correctly, you should have a firm understanding of your offering and your target demographic as…
How to Start a Clothing Line in 5 Steps – The Ultimate Guide
Starting a successful clothing line comes down to 5 things: have the right story for the right market; design a great, unique solution; manufacture the right quality at the right cost; build a fanatical fan base; and drive sales. If you can do those 5 things well you’ve got a good shot at being the…
Partnership Agreement Checklist
The below checklist is designed to be used in conjunction with “The Ultimate Guide to Business Partnership Agreements“. Print a PDF of this Checklist Decide if you need a lawyer or start with a template Business name(s) and purpose Learn More Partner areas of responsibilities Learn More How much time each partner will commit Learn…
Seth Godin Advice, Quotes, and Books
Seth Godin is an entrepreneur and best-selling author. He has written almost 50 books and he has started companies including Yoyodyne (bought by Yahoo!), Squidoo, and altMBA. His writing and advice covers marketing, leadership, entrepreneurship, product development, education, and how to behave as a human being. In addition he is a prolific blogger. Advice &…
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Trademark Costs: DIY Registration vs. Online Service vs. Lawyer
Registering a U.S. federal trademark will likely cost between $225 and $2,000. The trademark cost if you file yourself will cost at a minimum of $225. The trademark cost using an online service will cost around $500. The trademark cost using a trademark attorney will likely cost around $1,500 to $2,000. If you want to…
How to Buy an ATM Machine For Your Business
Buying an ATM for your business can be an easy way to generate extra income through surcharge fees, additional foot traffic, and additional purchases. However not all businesses make decent money adding an ATM business to their store. In this guide we’ll walk you through how to: Determine if your store is a good fit…
How to Start a Vending Machine Business in 5 Steps
The keys to building a vending machine business are finding and selling the right locations, having many locations, keeping machines clean and stocked, and maximizing net margins on your inventory. In general, you can expect to earn a few hundred dollars a month per machine with startup costs running a few thousand dollars per machine….
The Ultimate Guide to Content Marketing in 4 Steps
Content marketing, also known as inbound marketing, is the practice of creating content that drives revenue by building trust between you and your prospects and customers. It focuses on adding value through content as opposed to directly promoting your product or service. It draws users to your site and helps convert them by solving user…
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The Ultimate Guide to Cash Wraps, Cash Wells, & Checkout Counters
Cash wraps, also known as cash wells and checkout counters, are the locations in retail stores where customers pay for merchandise. They are also key areas to maximize sales, increase or decrease customer satisfaction, build your brand, and create an efficient workspace for employees. On top of every cash wrap sits a cash register or POS…
Zoning Laws for Small Business: What You Need to Know
Zoning laws, also known as zoning ordinances, define 1) what types of land use is allowed for a given area and 2) building regulations such as maximum building size or the need for fire escapes. If you’re starting a business, you need to be familiar with the zoning laws that cover your building and area….
