Start a Business (Entrepreneur Mentoring Services) There is a common myth which states that 80% of all new businesses fail within the first 5 years. This is not accurate. The National Federation of Independent Business reports that only 2.5% of all new businesses close due to bankruptcy or close owing creditors money (NFIB Policy Guide). The vast majority of the remaining 97.5% close simply because the business does not earn enough money to support the owners. Don't let this happen to you! A Lucid Small Business Consultant can work one-on-one with you to mentor you and dramatically improve your chances of building a successful business.
Some of the things we help you with are: - How do you get it started? We give guidance to develop your business from concept to reality.
- What can you do to be certain that the business grows (manage the business)?
- What should you (owner) be spending your time on?
- What kind of employees do you need? What should they do? When should you hire them? How do you hire them? How much can you afford to pay them? Should they be 1099 or W-2?
- Developing policies, procedures, systems, and other methods of operating and monitoring the business.
- Who are your ideal customers? How do you create a marketing strategy that attracts as many customers as you want/need? How much should you charge?
- How much money do you need to build it and make it grow?
- Budgeting
- How do you finance this business?
- Referrals to reputable CPA's, Attorneys, Insurance Providers, Financial Planners, Staffing Agencies, and other small business support services (Michigan only)
Lucid Business Strategies - We Bring Your Business to Life!™ |
