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There must be a reason why there are over 600,000 businesses built yearly.

Experts have found out that there are many concrete reasons why you should create and run your own business. These could be why so many want to have their own business.The reasons that this is so is based on interviews with some successful entrepreneurs.

These are real life realizations about business and why so many people want to be businessmen and women. The interview was conducted three months ago and after all the facts were gathered and arranged by my own team, I am now ready to share with you the top reasons why the majority of people want to create their own business.

They are as follows:

1.) You are in control. Admittedly, most people do not want to have demands placed on them. The culture of having your own company is having the capacity and the authority to know and determine what goes on the business. You decide on things. You are at the driver's seat so you take control. This is a challenge that most people are really excited and thrilled about.

2.) No need for job seeking. The process of job seeking really gets tiring and frustrating at times. You feel like you have tried your best and yet employers think you are only mediocre. When you plan your own business, you will not have to go through this process. You are your own job. You will just need to pour in time, effort and perseverance in your business. The results will be your greatest fulfillment.

3.) The choice is yours. You can choose people you want to work with. In a normal employment setting, there will be people who will pressure you. Some office mates really are so overly competitive that they become annoying. They can be stressful most of the times because they compete and observe every action you take. When you have your own business, this will be eliminated. You will have the freedom to choose who to work with.

4.) You take the challenge and earn the rewards. In a business, you do whatever you can to uplift your business. You put in so much creativity and effort. When the results come, you will enjoy it. You will be fulfilled. You will feel and reap all the efforts you have poured in the business.

5.) Your passion can be maximized. When you enter into a business, normally, you choose a business that is of your interest and passion. With this, work is not work at all. You become delighted and happy while doing your job. It is also advisable to start a business that you can get passionate about. Experts have found out that the most successful entrepreneurs are those who have businesses based on their own interests.

Most of the entrepreneurs say that fulfillment is really high when you have your own business. The feeling of reward is maximized because you know how much effort and perseverance you have put in the business.

The interviews I had with these entrepreneurs have made me realize that earning is also higher and faster with your own business. You determine your profit through your labor input. This is one of the greatest things about it.

Having your own business has many benefits, this is the reason why 8 out of 10 people want to run their own business and become entrepreneurs.

Rob Hillman is an Online Business enthusiast. To find out more about how to set up your online business, please visit http://fastersmarter.net/

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Starting a business is one of the best things you can do to secure your financial future and independence. A business of your own is one of the best ways to enjoy financial freedom and turn your passion or hobby into a lucrative earning opportunity.

Things To Consider Before Starting A Business

Whether you are starting a business on a part time or full time basis, it is important to consider a few things first. One of the most important things to consider is what type of business you are most comfortable with.

One of the most important things when starting a new business is to start a business that is a reflection of your own interests. Starting a business that is based around an area in which you have expertise can greatly reduce the learning curve and increase your chances for success.

After all you will already have to learn the ins and outs of running a business; starting a business based around a familiar subject can make getting that business off the ground a great deal easier.

Research The Availability Of Small Business Loans

When it comes to starting a new business, it is important to seek out the financing and help to which you are entitled. Starting a business can be an expensive proposition, but fortunately there is plenty of help available, in the form of grants, loans and other opportunities.

It is a good idea to thoroughly research the availability of small business loans and financing before you start up that new business.

Consult With A Tax Advisor And An Accountant

It is also a good idea to consult with tax advisor and an accountant before starting that new business.

A good tax advisor can help you reduce your tax burden while the business gets going; while an accountant can help you structure your business in a way that will maximize profit potential while increasing the chances for success.

Writing A Business Plan

Before you start your business it is a good idea to write a business plan. The business plan is one of the most important documents you can have when starting a business.

Set Yourself Free From The Nine To Five

Starting a business is not an easy process, but it can be an important step toward getting the financial freedom you have always strived for. Starting a business of your own can be a great way to achieve success and set yourself free from the nine to five world.

Shaunta Pleasant is a professional writer and editor on business planning topics. Visit my site to learn more about planning a business start up at http://www.yourbusinesspal.com/home_internet_based_business_opportunity.html To download our business start up work shop at http://www.yourbusinesspal.com/business_start_up_work_shop.html

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Starting a business, whether it is a 'small business' where you work out of an office or a 'home based business' you run out of a corner of your bedroom, you can drastically change your life through a very simple plan.

Starting a business is not something you jump into. When you are working a simple plan, starting a business is something you GROW into.

How do you make a simple plan for growth when starting a business?

1. Groundwork of your simple plan is crucial when starting a business.

Find someone that was successful in starting a business in your industry, watch them, interview them, find out everything you can about what they did when they were starting a business. Then, write a simple plan outlining what they do all day.

In order to have what they have, you must do what they do, so find out what percentage of their day is spent, for instance, on the telephone making calls, receiving calls and the type of calls.

2. Divide your time.

The next step in your simple plan as you are starting a business is to divide your time like your mentor. Use the same percentage of the total hours, as you will not
work the same hours they do.

The 'secret to success' is not in the hours, it is how you spend them! By following the simple plan outlined here, you make the most of your hours, and get the most out of everything as you are starting a business with a simple plan of success.

3. Set your Goals.

A vital piece of success when starting a business is that you have a goal in mind and work your simple plan to get there.

Without a destination (a specific income amount, a personal item like a car or boat, or simply an amount set aside in savings), how will you know you arrived?

4. Track your progress.

Divide your goal into days, weeks, months and/or years to quickly know what is required to reach your destination.

Check your progress often. You will know quickly if you are sticking to your original goal or if you are ahead or behind schedule.

Just like a road trip, as you are starting a business, you will likely come across some detours, that's OK. On vacation, just as in starting a business, if you find a road blocked or a path impassible, you simply find another way.

And, just as on vacation, include in your simple plan a few hours here/there for such 'emergencies'. If you find you have no emergencies, simply choose something else that will get you closer to your destination, or just relax and enjoy where you are.

5. Work ON your business, not only IN your business.

In starting a business, you must set aside part of your time to plan, set goals, promote and advertise your business, not simply work along in your business, doing the things you do.

When starting a business, a simple form of advertising is a website. The more people that see what you have to offer, the quicker your business will grow.

You could go door-to-door, telling everyone about your website (not a simple plan!), or maximize your time by posting articles online where many people see them.

This is overlooked by many as they are starting a business, and one of the reasons they fail...

As your business grows, you will do less advertising and begin to work your simple plan toward the 'IN your business' phase.

6. Give excellent Customer Service.

Upset customers kill more business than you can imagine. Find a way to work with them, or simply give them their money back. Losing customers is something you cannot afford when you are just starting a business!

So many people simply do not make the time to provide quality service to their customers. Do not let that happen to you!

With a little planning and goal setting, follow through each week and simply repeating the process, you can change your business from flat to cash in a short amount of time.

When starting a business, if you follow the simple plan we have outlined here, you are already a success!

Steve Majors - The Lazy Investor

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Every entrepreneurial venture starts with a good idea, evolves to a bunch of amazing ideas, and with any luck, ends up as a successful business.

But how do you move from that first idea to your final success? Here are some steps to move your dreams into reality:

Define the difference. You need to be clear about how your product is unlike other competitors.

Do your homework. Are you the first with this idea, or will you have competition? Research online, visit conferences in your industry, talk to experts and search for mentors. You don't want to discover that someone else got there first after you invest valuable time and money.

Define your customer base. Who are your product or service's early adopters? Will people choose your idea over something they already spend time and money on, or will they decide this is a brand new way to spend time and money?

Determine your resource requirements. What exactly do you need to get started? Can you build it in your basement using standard tools and materials? Can you handle the startup alone or do you need a team? How much money do you need to get your idea off the ground? Expect to spend a fair amount of time on research, checking with suppliers, and talking with industry experts and specialists.

Build a prototype. Yes, this is critical with a product, but just as important if you're offering a service. If you're creating a service, your prototype can be a process map that details customer contact points and what has to happen internally to meet customer needs. A physical prototype should be working and include a clear understanding of function, reliability and production requirements.

Do the math. No plan is complete without a thorough financial analysis. This includes a realistic and convincing revenue projection and accompanying costs. You should be able to detail the estimated break-even point and future profits. If you need help on this part, get it.

Write your plan. I'm not talking about the pitch you give potential money people, I mean your internal plan for taking your dreams all the way to the finish line. You need to have this in place for yourself, so that when you wake up tomorrow you know what to do. It will keep changing, and that's okay. In fact, it's important to maintain flexibility in your plan.

When you take the leap with your big vision, you'll either bounce, crash or fly. But one thing's for sure, you'll never find out if you don't take action.