Baby Steps: The First Few Things I’m Doing To Get My Business Underway
By: Matthew Rodela on August 1st, 2008
Categories: Lists, Phase 1:The Implementation, Starting a Business
Starting my new Computer Support Business is truly a grass-roots effort. I have no previous business experience. I’ve only taken one class in community college relating to business. I don’t have any immediate relatives who own a business. Also, I’m going to attempt to make this business completely self-funded, meaning I’m going to avoid using my own money and instead use money I make from the business and put it back into the business. I’m really starting from scratch here.
So in order to set some goals, ensure forward movement, and to help you all keep me in line, I’m listing the first steps I’ve taken, or will take, in these early days of business development.
- Have a Business Plan - This has been completed, more or less. I have a good idea of the services I’m going to offer and how I’m going to offer them.
- Come up with a name - With the help of friends and family, I found a name I feel is catchy and represents my business and it’s services. More on that later.
- Register the business name - I’ve began the process of this. I used LegalZoom to file for a DBA (Doing Business As) and a Trade-name Application to make my business official. There have been some snags in this process and I’m working on getting things ironed out. I’ll let you know how things turn out.
- Start finding a way to make money - I’ve also started doing this. I’ve been able to do computer repair work on the side with the help of the service company ComputerAssistant.com. They funnel customers to techs who then bid on the work. It’s been a god-send and I’ll be sure to write up a post all about it soon.
- Put that money in a bank account in the businesses name - This will allow me to make sure that I keep my business and personal finances seperate and also allow me to write checks and accept payments as my business name.
- Create a separate business phone number - I haven’t done this yet because I’m waiting to get the bank account set-up first. I want to keep phone calls from customers distinctly seperate from other phone calls. I’m thinking of using a Skype or Vonage account for this.
- Make some business cards and start spreading the word through family and friends - And this is where my business will officially start generating true revenue, hopefully.
Once I get to step 7, and actually start getting some customers, doing some work, and making some money, I can move on to other things like building a website, drafting service contracts, getting insurance, and getting my finances organized.
Am I missing anything?
Sidebar: With this post I’m trying out a MySpace Crossposter which will publish new blog entries into my MySpace profile also. So now all my MySpace buddies can keep tabs on my progress as well. Cool stuff! Yes, I know, MySpace is for teenage girls. But it’s useful to me for a number of reasons, mostly because alot of people I know use MySpace or Facebook. I’d use the Facebook crossposter as well, but many of my coworkers are on Facebook and I’m not sure I want to let them know what I’m up to with all this just yet. Is that concern justified?







August 2nd, 2008 at 8:42 am
This all sounds really good. A question I have is, will you be focusing in a certain area? For example, if you get a job 50 miles away, will it be cost effective? If you take jobs only in your immediate area, can you get enough business? Just food for thought.
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August 2nd, 2008 at 11:46 am
That’s definitely something I’ve taken into consideration. If a job is a certain distance away I may have to charge a small trip fee on top of the price of service, or I may just try to stick within a decent distance from work or home. While I’m doing this part time, luckily, I have the luxury of being picky…and I’ll be targeting my advertising to my immediate area (for now).
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August 3rd, 2008 at 2:25 am
Matt,
Thanks for dropping by to my blog. Anyway, are you borrowing from others to fund your business, or from your personal funding?
Good luck for your business!
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August 3rd, 2008 at 10:41 am
Noob, I’m going to try to make this business completely self-funded, meaning profits from the business will go back into the business and no other outside funding (loans, my personal money) will be used. I’ll explain more about this in future posts.
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August 6th, 2008 at 12:10 am
Make sure you do some research on taxes. Having never taken a business class, you should definately know where you stand with taxes and learn how to do bookwork. You don’t want to get audited after you business takes off and all of a sudden figure out that you owe the IRS big bucks!
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August 6th, 2008 at 12:36 am
Thanks for mentioning that! Yes! I have been reading up on taxes and it all honestly makes my head hurt. I think I may end up consulting with a “real-life” accountant to deal with that stuff. But I do understand that once I make more than $600 I will need to start reporting my earnings and giving a big chunk up to Uncle S. I can’t wait!
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August 15th, 2008 at 6:54 am
Your blog is interesting!
Keep up the good work!
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August 19th, 2008 at 5:54 pm
Thanks Alex!
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September 30th, 2008 at 2:40 pm
Are you doing home PCs only or can you do enterprise/small business work level work?
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September 30th, 2008 at 4:19 pm
William, I sent you an email to answer your question, but I’ll also answer it here for everyone. The plan for my business is to initially service home computers and eventually move on to home office and small business. My current day job is working in an enterprise environment and while it is rewarding, it’s a little too impersonal and “corporate” for my tastes.
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