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How To Start A Small Business In Florissant

Thursday, May 17, 2012

Starting a Small Business in Florissant: Financing Your Business

"Florissant Patch" rounds up expert tips and valuable resources for small business owners.

Welcome back to our series on how to start a small business in Florissant. This week, we're offering tips and resources for financing for your small business. Last week’s experts, Richard Shoaf and Chris Coleman, are back with more tips for potential small business owners. Bob Russell, the City of Florissant’s economic developer, also weighs in. Many people say that securing financing is one of the most difficult parts of getting a small business off the ground, and they’re right. But if you take the right steps to prepare, you can definitely minimize the amount of stress involved. One of the most common reasons that banks and other lending institutions turn down small business loan requests is that they consider the business too high-risk…

Friday, May 11, 2012

Starting a Small Business in Florissant: Employer Responsibilities

"Florissant Patch" rounds up expert tips and advice and valuable resources for aspiring local business owners.

Welcome back to our series on how to start a small business in Florissant. This week, we're offering tips and resources for understanding your responsibilities as an employer. Last week’s experts, Richard Shoaf and Chris Coleman, are back with more tips for potential small business owners. Bob Russell, the City of Florissant’s economic developer, also weighs in. Advice from the Experts “As an employer, you have responsibilities to yourself, your employees, and their families,” Coleman said. “There is a reason why few ever take on the role of employer—because there are so many responsibilities.” He said that among the most important responsibilities an employer has is taking good care of employees. “This includes everything from …

Wednesday, May 2, 2012

Starting a Small business in Florissant: Handling Business Taxes

"Florissant Patch" rounds up expert tips and advice and valuable resources for aspiring local business owners.

Welcome back to our series on how to start a small business in Florissant. This week, we're offering tips and resources for handling your taxes as a small business owner. Last week’s experts, Richard Shoaf and Chris Coleman, are back with more tips for potential small business owners. Bob Russell, the City of Florissant’s economic developer, also weighs in briefly. Advice from the Experts Shoaf said his No. 1 piece of advice for small business owners is to find and hold on to a good tax professional. “We always document everything, limit our tax liability within what the law allows and never take any questionable deductions,” Shoaf said of his own businesses. “Be cautious of unique directives on certain classes of businesses.” He said that…

Tuesday, April 17, 2012

Starting a Small Business in Florissant: DBAs, Licenses and Permits

"Florissant Patch" rounds up tips and advice for registering your small business name and for obtaining city licenses and permits.

Welcome back to our series on how to start a small business in Florissant. This week, we're offering tips and resources on how to register your business name and obtain local licenses and permits. Next week, we’ll discuss how to deal with your business taxes. Last week’s experts, Richard Shoaf and Chris Coleman, are back with more tips for potential small business owners. Bob Russell, the City of Florissant’s director of economic development, also returns with a bit of advice on obtaining licenses and permits. Now that you’ve determined the legal structure of your small business, you’re ready to register your business name. Registering Your ‘DBA’ Name First, you’ll decide what to call your business—if you’ll be using a name other than your…

Tuesday, April 10, 2012

Starting a Small Business in Florissant: Finding a Business Location

"Florissant Patch" rounds up tips and resources for finding a business location in town.

Welcome back to our series on how to start a small business in Florissant. This week, we're offering tips and resources on how to choose the ideal Florissant location for your business. Last week’s experts, Richard Shoaf and Chris Coleman, are back with more tips for potential small business owners, and Bob Russell, the City of Florissant’s director of economic development, is also back with advice for finding a location in Florissant. Finding your spot Finding your ideal location will depend on a number of factors, most importantly, the type of business you’re running. “Any realtor will tell you location, location, location and this is very true,” Shoaf said. “Your location will become part of your brand and with some industries this can …

Thursday, March 29, 2012

Starting a Small Business in Florissant: Business Ownership Options and Legal Structures

"Florissant Patch" gets advice from local experts on different types of legal business structures.

  As we continue our series on how to start a small business in Florissant, we're back this week with a discussion on different types of business ownership options and tips on how to determine the legal structure of your business. In case you’ve missed previous editions of our small business series, we have shared ideas for choosing a business concept, including the development of unique business ideas and tips and suggestions for franchise opportunities. We’ve also discussed how to write business plans and given tips and ideas on ways to find free and low-cost business training opportunities. Local entrepreneur and business consultant Richard Shoaf is back this week sharing tips from both his personal experience and his clients’ …

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Saturday, March 24, 2012

Starting a Small Business in Florissant: Finding Business Training Opportunities

A local entrepreneur and a business consultant provide tips on getting free and low-cost business training.

If you’ve been following our series on how to start a small business in Florissant, you know that we’ve discussed ideas for choosing a business concept, including the development of unique business ideas and tips and suggestions for franchise opportunities. We’ve also discussed writing a business plan. This week, we’re spotlighting free and low-cost business training opportunities for Florissant small business owners. To get some guidance on where to find the best free and low-cost training for small business owners, we talked with entrepreneur Richard Shoaf and franchise consultant, Chris Coleman. Meet the Experts Shoaf owns several businesses, including Safety Training and Consultations International (STCI), a leading global consulting …

Monday, March 19, 2012

Starting a Small Business in Florissant: Writing a Business Plan

"Florissant Patch" rounds up tips and resources for writing a business plan.

If you’re considering opening a business in Florissant, you might be following our small business series. So far, we’ve covered the concept phase of starting your own business, including tips on choosing an original business idea and inside information on buying a franchise. Once you’ve decided what type of business you'd like to open, it’s time to bring the concept into reality. The first step on that journey is to create a business plan, which can be simply defined as a written description of the steps you’ll take to launch and build your business. Why do I need a business plan? A business plan can serve you in a number of ways. If you’re seeking investors to help fund your business, you’ll need a well-written business plan to show your …

Thursday, March 1, 2012

Starting a Small Business in Florissant: Opening a Franchise

"Florissant Patch" rounds up the facts on franchise ownership and shares advice from the city's director of economic development.

Have you ever thought of opening your own business in Florissant? The city is home to nearly 4,000 businesses, according to data published the U.S. Census Bureau. And according to the city’s website, Florissant has “a strong central focus to attract, retain and expand businesses that add vitality to the entire region,” and the city works to ensure a “healthy, profitable business climate that will attract new residents to the community,” as it continues to support existing neighborhoods and heritage. Getting Started The first step in building your business is to decide exactly what you want to do. Although this seems pretty obvious, many people know that they want to be entrepreneurs, but they don’t know exactly how they want to go about …

Tuesday, February 28, 2012

Starting a Small Business in Florissant: Choosing a Business Concept

"Florissant Patch" rounds up advice from Florissant business owners who shared what inspired them to start their businesses.

When you're considering opening a small business, the first step is to decide exactly what you want your business to be--to develop a business concept. Whether you choose to go the potentially safer route and open a franchise or you choose to think outside the box and open a unique business, the first thing you need is a good idea. This week, we’re going to focus on coming up with your own original business idea. We’re taking a little inspiration from some Florissant business owners who shared the different ways they were inspired to start their own businesses. Girl Power Although she always knew she wanted to own her own business, Pretty N Posh owner Tiffany Jackson had a career in nursing. But after a conversation with a friend about her…

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