Showing posts with label women-led startups. Show all posts
Showing posts with label women-led startups. Show all posts

Wednesday, January 15, 2014

Tips on Starting a Business in 2014

Here are a few things to think about when you are considering starting your own business:

• Get together a business structure with the basics of what you want to do with your business.

• Conduct market research to find out what people are interested in buying and what they think of your ideas. You can use questionnaires like SurveyMonkey.com to send surveys to your friends and family.

• Name your business something catchy and short so that people will have an easy time remembering the name.

• Find an investor who will help you fund your business or save your money to fund your own business because you have to start with some money in order to make more money.

• You will always need more money than you think. There are hidden costs and fees sometimes that you haven't known to account for until you get to the point of needing to pay for them.

• Set up your office space or area you will work in.

• Research your ideas and find out what is best for you and avoid quick "easy" seeming money making online scams. Nothing is free and it does take capital to start up. Putting your money into inventory to sample type businesses is ok, just be careful if it seems too much like a pyramid.

• Find out the business trends and competitors out there and decide who your market is, who you're going to be selling to and how much they're willing to pay for your products.

These tips will be helpful to think about before you get started. The more information you can gather the better off you will be.

Friday, August 23, 2013

Women-Led Startups Are The Key To New Job Creation: Report via: fastcompany.com

Women-Led Startups Are The Key To New Job Creation: Report

BY E.B. BOYDWed Sep 28, 2011
So says a new paper from the Ewing Marion Kauffman Foundation. "If we’re looking for an answer to jobs," Kauffman vice president Lesa Mitchell tells us, "it’s right in front of our face."
The country is in a recession, and Washington is tangling over how to create new jobs, but, according to a new paper from the Ewing Marion Kauffman Foundation, there’s a fairly simple potential source of them sitting right under our noses.

Women start high-growth companies, like those in high tech, at lower rates than men do, Kauffman-supported research has found. But the reason for this is systemic, rather than due to women’s innate capacity for entrepreneurialism, says the paper, titled “Overcoming the Gender Gap: Women Entrepreneurs as Economic Drivers.”