How can I start my own business?

by Tim Berry


Question

I live in India where I have my own computer training and consulting business. I want to tie up with some of my friends in the US to set up the same business there. Neither my friends nor me know what are the legal issues, or how a foriegner can set up business in the US. can you help. thanks!

Answer

We have some good information about starting your business for free for you, on our website. First, you can go to www.bplans.com and click the “Start a Business” link on the front page. That leads you into a wealth of additional information. It gives you excerpts from the book on business planning online, expert questions answered, etc.

Next, go to the ask the experts section at that same website and browse through the topics “Starting a business” and “Start-up Financing” under “Entrepreneuring” and “Start-ups” under “Business Plans.” Those are detailed questions and answers that will be the same the same questions you’re asking.

We also have several other free resources for you. First, go to the starting costs tool, which will help you calculate initial starting costs.

And we have more than 100 sample business plans on that site, all of which are there for reading and free, none of them exactly about your business but so what, every business is unique, so use them as examples and apply the structure to your business’ unique content.

Aside from our sites, if you live in the United States, one of the best places to look for business help is the nearest Small Business Development Center (SBDC). There are more than a thousand SBDCs across the United States, sponsored by government and education funds, generally quite capable of helping local businesses at very reasonable fees. You can find a nearby SBDC by going to our website at www.bplans.com/sbdc and then click on your state. You should also look for the SBA Business Information Centers (BIC) and the SCORE (Service Corps of Retired Executives) training programs, which are generally excellent and economic sources of business expertise. And if you don’t live in the U.S. look into resources your own governmental developmental agencies may have to offer. Small business is important in society, and most governments have facilities to help foster small business.

Beyond that, consider your local university or community college, think about what help your vendors can offer, and ask your bank, attorney, and accountant for recommendations.

Also, our product Business Plan Pro is intended to guide you through the process of starting a business. You can find out more about that at our website at www.paloalto.com. It is the best rated and best selling business plan software on the market, and it comes with a 60-day money-back guarantee.

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Business Planning Resources

Business plan template - This fill-in-the-blank template is in the format preferred by banks

Start a business - An easy to follow six step process for starting a new business

Business plan software - Business Plan Pro is the easiest way to write a professional business plan

Sample business plans - Over 100 free sample business plans from various industries

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