Starting and managingyour business



Resources on launching and managing a day to day operations of business venture.

There are multiple factors and services that need to be considered when starting and managing your business. Below you will find information that can guide your decision making on key elements, like funding your business, various structures, licenses and permits, and day-to-day management concerns such as payroll, as well as information specific to non-profits and independent contractors.


Funding

Check out the links below for information on accessing your credit rating and the various financing options available to you.

Learn how your personal credit rating will affect the credit your business can secure. Remember, your business does not have a credit history but you do.

http://www.sba.gov/smallbusinessplanner/start/financestartup/SERV_PVSB.html

Ensure that you are receiving financing from the appropriate lenders with the NYC Alternative and Commercial Lender Guide.

http://www.nyc.gov/html/sbs/nycbiz/html/financing/raising.shtml

If bootstrapping isn’t cutting it, seek out grants from this center’s comprehensive database on US grant makers and their grant offerings.

http://foundationcenter.org/

Learn how your personal credit rating will affect the credit your business can secure. Remember, your business does not have a credit history but you do.

http://www.sba.gov/smallbusinessplanner/start/financestartup/SERV_PVSB.html

Check out articles how to secure start up financing and the basics of financial forecasting including calculating costs and breaking even for your business.

http://www.sba.gov/smallbusinessplanner/start/financestartup/index.html



There a number of legal implications when you start thinking about launching a new venture. The links below guide you through the process of securing legal aide and your necessary licenses and permits.

Use NYC Business Express to identify the City, County, State, and Federal requirements to start, operate and expand your business. Based on your unique business plan, NYC Business Express provides a customized list of your requirements, potential incentives and other useful resources. The website currently provides information for businesses operating arts, entertainment, and recreation; food services; and retail services

http://www.nyc.gov/portal/site/businessexpress

Learn the legal implications of launching your new business, including state and federal requirements for specific licenses.

http://www.sba.gov/smallbusinessplanner/start/index.html

Get an overview of different types of business structures; patent, trademark, and copyright law to help you make informed decisions about your business. Visit a local NYC Business Solutions Center and they can even connect you to a network of pro-bono attorneys who can help you choose a legal structure, register your business, and/or assess a business lease.

http://www.nyc.gov/html/sbs/nycbiz/html/business_planning/legal_matters.shtml

As a new business owner you need to know your federal tax responsibilities. This page provides links to basic federal tax information for people who are starting a business.

http://www.irs.gov/businesses/small/article/0,,id=99336,00.html

A one stop shop, legal business center that has resources and information on everything from registering your business name to starting your own franchise.

http://www.hg.org/busstarting.html

Business.gov is the U.S. Government's official website for small businesses. Business.gov provides access to Federal, state, and local information that helps business owners successfully start and operate while staying compliant with laws and regulations. The following link provides serveral resources like guides, case studies, tools and tips for starting a green business.

http://www.business.gov/start/green-business/



Administrative and Operations

The links below highlight the services and tools availability to help manage the day to day operations of your business.

A great resource if you are seeking business counseling and invaluable advice from a group of seasoned individuals already owning and managing their own businesses.

http://www.scorenyc.org/

Check out the SBA’s portal to help you navigate through the various aspects of marketing including conducting market research and creating marketing plans.

http://www.sba.gov/smallbusinessplanner/manage/marketandprice/index.html

Browse through Inc’s Marketing and advertising “how to guides” on how to build your website traffic and market through grassroots marketing techniques.

http://www.inc.com/resources/marketing/

With employees being your key asset, learn how to attract the best talent through job descriptions and the interview process on SBA’s site.

http://www.sba.gov/smallbusinessplanner/manage/manageemployees/index.html

Research appropriate benchmarks for compensation in your field of work and ways to hire and manage your employees through Inc’s How-to-Guide on Human Resources.

http://www.inc.com/resources/recruiting/

Get up-to-date on the latest federal policies around advertising and getting your business online.

http://www.sba.gov/smallbusinessplanner/manage/technology/index.html

Learn how to use technology to help set up and grow and manage your new business with Inc’s How-to-Guide on Information Technology.

http://www.inc.com/resources/technology/


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