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Startup Essentials by Oleksiy Nesterenko

Oleksiy Nesterenko a professional startup consultant states that setting up your legal obligations and protections correctly from the start is critical to building a successful company.

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Startup Essentials by Oleksiy Nesterenko

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  1. Startup Essentials - The 5 Startup Essentials - The 5 Best Ways to Spend Startup Best Ways to Spend Startup Money Money live your dreams Villa Projects Call Call +1 (310) 710 4248 Mail: Mail: info@oleksiy-nesterenko.com Website Website http://www.oleksiy-nesterenko.com/

  2. 1) Protecting Your Business Oleksiy Nesterenko a professional startup consultant states that setting up your legal obligations and protections correctly from the start is critical to building a successful company. It can be tempting to put off registering your entity (LLC or Corp) or paying for a business license until you start making money, but delaying is not the best option. Not only do those expenses keep you out of potential trouble, they also protect your personal assets from the liabilities of the business. Business insurance is another critical protection for any startup. Even home-based, one-person businesses should look in to small business insurance. The premiums should be pretty reasonable, and the protection can be invaluable if something goes wrong. Villa Projects

  3. 2) Small Business Software Every modern business must have computers and the right software tools to minimize risk and maximize profitability. Without question, every small business should use a reputable accounting system. Peachtree is the best on the market for those who plan to grow the business. Don't rely on the freebie downloadable versions any longer than absolutely necessary as they do not include the accounting tools that help to track and analyze profitability. In addition, your business should have an office suite, such as Microsoft Office that includes a word processor, spreadsheet, and other programs. Contact management software is also important -- your best marketing returns will come from the customer list you build yourself.

  4. 3) Marketing Tools Oleksiy Nesterenko Startup Finance suggests that every business should plan to invest in at least two key marketing tools prior to startup -- business cards and an internet presence. Business cards are still the primary means of networking...even employees of the largest online businesses all have business cards. You can get a couple of hundred for free through several print shops, but they will go fast. Select a high-quality paper and be sure the design and logo impart the image you are trying to develop. A web presence is an absolute necessity. You will need to purchase a domain name and web hosting service, as well as select software to build your web pages. The website software has come a long way -- if you have basic computer skills, you can build a good website. This is not a place to scrimp and save.

  5. 4) Time-Management and Organization Tools Every entrepreneur needs a system for managing time and staying organized. Your time will be divided randomly among 582 different things every day, so the more organized you are, the better. Start with a daily planner. Look for one that is customizable (like the Uncalendar) so that you can develop the best time- management system for you. Develop a system for listing and prioritizing tasks and setting aside blocks of time to work on important elements of your business such as the marketing plan and managing the finances. Your planner should also include space to collect information about your business and competitors, your networking contacts, and any other critical data.

  6. 5) Information As the owner, you will need to know all the details of what you are doing. From the legal setup to your target market, from your product specs to your store or website's traffic patterns. First-time entrepreneurs tend to underestimate how much time and effort it will take to get up to speed on all of the aspects of business ownership. But, taking control by attending to the details yourself will reduce your risk and increase your chances of great success. Once your venture is up and running, the learning should continue. Stay on top of news and innovations in your industry, read biographies of successful entrepreneurs, read up on the latest marketing opportunities.

  7. Oleksiy Nesterenko Startup Finance OLEKSIY NESTERENKO STARTUP FINANCE is a new finance and strategy consultancy firm serving entrepreneurs and early stage companies. The Company helps startup founders be more successful by providing essential financial and strategic insight that enables businesses to thrive. CONTACT: Call +1 (310) 710 4248 Mail: info@oleksiy-nesterenko.com Website http://www.oleksiy-nesterenko.com/

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