Black business owners looking for training and certifications, access to funding, and assistance with key business operations like HR and sales can unlock access to programs and opportunities geared to help them succeed. Fit Small Business has created a list of resources for Black-owned businesses in the following areas: Training and certifications: Get certified as…
Starting a Business
What Is a Feasibility Study for Small Business?
A feasibility study for small business is an in-depth research and financial analysis that recommends if one should pursue a business idea or product. The study contains estimates of items such as income, costs, obstacles, and technical challenges. Typically, a feasibility study for a small business costs a minimum of $5,000. However, they can cost…
What Is a DBA & Who Needs It
The DBA (doing business as) is the public facing name of a business. For a sole proprietor, a DBA allows them to market a business other than their legal name. For an LLC, a DBA allows the owner to market a business with a name other than the registered name. Several states and counties use…
One-Page Business Plan: The Step-By-Step Guide
Right now you likely have a business idea. Awesome! Now you need to think through that idea by getting your thoughts on paper. The One-Page Business Plan will walk you through each step of planning your business idea. Once you know your financial projections, you can finish the basics of this plan in less than…
15 Best Fitness & Gym Franchises
As fitness becomes more of a lifestyle than a trend and people are conscious about getting fit, entrepreneurs are taking advantage of this by investing in gym and fitness franchises. Fortunately, there are different fitness franchises to choose from, with an average cost of around $350,000. We researched data on the 15 best-performing gym franchises…
4 Free Retail & Online Store Business Plans
A retail business plan can help entrepreneurs analyze their business concept and explain why it will be successful. Many banks and investors like to see companies’ strategic plans before agreeing to provide funding. All business plans for retail and online stores should showcase their products and services, financial projections, and marketing strategies. Before starting your…
How to Start a Personal Training Business [With Plan]
A personal training business helps clients improve their fitness level. Learning how to start a personal training business is simple when you follow a step-by-step process beginning with research and a business plan. To help secure clients, build a personal brand. A full-time personal trainer can earn between $30,000 to $150,000 a year. Before starting…
Best States to Open a Cannabis Business
Looking to be the next marijuana millionaire? Getting an early piece of the rapidly growing pot pie is a smart move. According to Marijuana Business Daily, the booming industry saw retail sales hit $9.7 billion in 2018 from $6.6 billion in 2017, and that’s slated to double by 2022. New bars for cannabis revenue are…