Archive for the ‘Starting a Business’ Category

Business Name Blues: Part 1, Choosing a name


By: Matt R. on September 22nd, 2008
Categories: Business Name Blues Series, Phase 1:The Implementation, Starting a Business

Business Name Blues is a 3-part series in which I talk about the experiences I had in naming my business and give tips based on lessons I’ve learned in the process. Part 1 will explore choosing the business name. Part 2 looks into the online aspect of business naming. Part 3 closes with the legal and tax steps necessary to ensure your business name is protected.  Also, as I go through each part, I will be updating the Resources page with a Business Naming section to assist you with resources and links to help you make the right moves when naming your business.
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Resources Page Launched!


By: Matt R. on September 17th, 2008
Categories: Miscellaneous, Phase 1:The Implementation, Recommended Services, Starting a Business

I decided I’ve collected enough information over the past month or two to finally start fleshing out my Resources page over there in the yellow box to your right.  Since I’m still in the early stages of starting my computer consulting business, there isn’t a whole lot there, but that will change as I continually add links to resources I use.

The following is a break-down of how the page is currently organized. I have tried to organize it in a linear fashion starting with basic information at the top and drilling down to more specific and advanced services toward the bottom.
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I’m Officially A Business Owner!


By: Matt R. on September 12th, 2008
Categories: Legal Stuff, Phase 1:The Implementation, Starting a Business

Confetti by Joe Sales

Yes, as of 9:01 PM EST, yesterday, September 11th, 2008, I am officially a business owner in the great state of Maryland!  That is the time that I received an email from LegalZoom stating that my DBA and Business License paperwork had been approved and received back at their offices.  It was a process three months in the making, and I’ll talk about why it took so long in my next article.
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Statistics Shmatistics


By: Matt R. on August 29th, 2008
Categories: Phase 1:The Implementation, Starting a Business

“There are lies, damned lies, and statistics.” -Benjamin Disraeli

For one of my upcoming posts I’ve been scouring the web trying to find statistics on how many small businesses fail after a certain amount of time. The first few articles I read said that over half of small businesses fail during the first year and that something like 90% fail before their 5 year anniversary. These are dismal stats and definitely very disconcerting to a newbie business owner like myself. I continued digging, hoping to find some good solid numbers to back up what I had read, but as it turns out, there really aren’t any.

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Saturday at the Office: Lessons Learned Part 2


By: Matt R. on August 27th, 2008
Categories: Phase 1:The Implementation, Starting a Business

 This post is the last of a two part follow-up to my Saturday at the Office experiment.
 
In my previous entry, I highlighted some of the challenges I faced during my first day ever working for myself from home.  In this post, I’m going to share some of the things I found out in my research on Saturday and we’ll see how far along I am in my business planning.

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Saturday At The Office: Lessons Learned Part 1


By: Matt R. on August 25th, 2008
Categories: Phase 1:The Implementation, Starting a Business

As I had mentioned in my previous blog post, I treated this Saturday as if it were a work day, scheduling my time  on research and planning for my computer support business. Even more importantly, the day was meant to be an experiment to see how well I could handle working from home on a self-paced schedule, which is something I’ve never done before.

In part one of this two part series, I’ll take a look at the work-from-home productivity aspect of my day at the home office.

So how did it go? (more…)

Saturday At The “Office”: An Experiment Using My Test-Drive Approach


By: Matt R. on August 22nd, 2008
Categories: Phase 1:The Implementation, Starting a Business

I’m going to spend all day tomorrow, Saturday, researching items for my small business.  I intend to wake up MUCH earlier than I normally do on weekends and follow a schedule of activities devoted to nothing but furthering my upcoming computer-support business.  Since I work a typical 9 to 5 job Monday through Friday, I don’t have much time during the week to get good momentum going on my business planning.

However this is more than just a planning day for me; this is the first of many experiments I will conduct on myself to see if and how I’ll be able to handle working on my own. 

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Are You Ready To Start A Business?: Find Out With This Helpful Assessment Tool


By: Matt R. on August 21st, 2008
Categories: Phase 1:The Implementation, Recommended Services, Starting a Business

I’m about 42.75% ready to start a business according to the Smart Start Assessment tool provided by the Maryland Small Business Development Center’s website.  It’s a great resource for anyone interested in starting a small business and I’m thrilled that something like this is available.  I took this assessment a few weeks ago, let’s see how I did…  (more…)

My 5 Year Plan: The Test-Drive Approach To Starting A Business


By: Matt R. on August 13th, 2008
Categories: Finance Stuff, Phase 1:The Implementation, Starting a Business

“With time and patience the mulberry leaf becomes a silk gown.” -Chinese Proverb

I’ve recently decided that I am going to take my time with this whole starting-a-business thing.  My overall timeline is going to be simple.  The initial goal for my business is to be a part-time extra-income generator for me starting sometime before the end of this year. This blog, and the filing of my DBA paperwork, have already set the gears in motion for that. Then, in about 5 years, I’ll decide if I will make the leap to running this thing full-time. This is slightly contrary to the more aggressive timeline I originally had, and I’ve changed my “About” page to reflect this accordingly.

Five years is a long time. Why am I setting this goal so far ahead? (more…)

When Computer Techs Go Bad! (And How I Plan To Protect Myself)


By: Matt R. on August 6th, 2008
Categories: Computer Repair, Computer Techs in the News, Phase 1:The Implementation, Starting a Business, Techie Woes

I’ve stumbled upon a lot of articles recently about computer techs using their powers for evil.  Here are some of my favorites: (more…)