Yuppies’ business portal

Starting a business may sound glamorous but, in reality, it requires an amazing amount of hard work and unwavering commitment. Starting a business could entail building one from the ground up, buying an existing business, acquiring a franchise, or taking over a family business.

Following are a few tips for launching a successful business start-up:

Solidify the product or idea. Have a good product or service idea you think you can monetize? Now is the time to move your thinking beyond the cocktail napkin. Start typing. Typing it out will help you think finalize the product or service concept.

1. Conduct market analysis

2. Name your business

3.  Develop a Business Plan

4. Build your support structure

5.  Secure the necessary funds.

This was shared and written by: Hilary Basile - a writer for MyGuidesUSA.com

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Now, suppose you’re setting up a clinic similar to Northern Virginia cosmetic surgery.  Let’s figure out a way to do it.

Moving on… A Beverly Hills blepharoplasty would be a great idea too. What do you think?

The state of Beverly Hills has its rules and regulations of course. So for more information, would be wise to check out BeverlyHills.org.

a continuation of previous post:
RESALE NUMBER: The State Board of Equalization issues a resale number to every business selling retail merchandise for which sales tax is collected. For further information contact the West Los Angeles office serving Beverly Hills.

SALE OF FOOD: The sale of food is regulated by the Los Angeles County Health Department.

SIGN PERMITS: There are strict sign regulations in Beverly Hills. Contact the Building and Safety Department prior to construction or use of signs in the City.

USE OF COMMERCIAL PROPERTY: An investigation into the proposed use of commercial property may be necessary depending on the type of business activity, i.e., industrial, manufacturing or businesses that affect parking availability. Contact the Building and Safety Department.

USE OF PUBLIC STREETS: The use of public property by private business requires City approval. Contact the Civil Engineering Department for further information.

Source: BeverlyHills.org

Beverly Hills has been known to be a spotlight of fashion, showbiz-ness and glamour. A Beverly Hills rhinoplasty center or clinic would in fact be a good idea if you’re in an area where beauty and perfect curves are everything.

But how to start a business in Beverly Hills? Be with me in this 2-part series.

This information concerning the operation of a business within the City of Beverly Hills is of a general nature. For specific or detailed information please contact the appropriate city, county or state office.

CERTIFICATE OF OCCUPANCY: BHMC SEC. 10-3.2724, requires that a certificate of occupancy be obtained prior to moving into any business location in the City of Beverly Hills. Contact the Building and Safety Department or apply at the Finance Department, business tax division.

BUSINESS TAX: BHMC SEC. 3-1.201, requires that a business tax certificate be applied for prior to the start of business operations. All businesses, i.e., non-professional services; professional services; retail; wholesale, contractors; apartment building owners; rental of commercial property and others are licensed according to business type. Apply at the Finance Department, business tax division.

REGULATORY PERMIT: BHMC, Title 4, requires that certain types of businesses obtain a special permit. Some of the businesses that are required to obtain this permit are: amusements, clubs, escort bureaus, massage, motion picture/television filming, police patrol, second hand dealers, pawnbrokers, peddlers, taxicabs, transient merchants, solicitors/canvassers and others. Apply at the Finance Department, business tax division.

ALCOHOLIC BEVERAGES: The sale of alcoholic beverages is under the regulation of the state Alcoholic Beverage Control Board.

BUILDING PERMITS: Special construction permits are required prior to construction or alteration of a structure in the City. Contact the Building and Safety Department.

FICTITIOUS BUSINESS NAME: The Los Angeles County Clerk’s Office accepts applications for recording fictitious business names. Contact County Clerk’s Office for further information. (Commonly called DBA, “doing business as”.)

GARAGE SALE PERMITS: BHMC, SEC 4-4.501, requires a permit be issued prior to conducting a garage sale in the City. Contact the Building and Safety Department.

Source: BeverlyHills.org

If your skills are at creating and designing, you have a very high potential in earning beyond your dreams. I’ll share with you some points on how to do it.   So you’re a tattoist? You may start up with some free tattoo designs and eventually come up with income generating ideas in tattooing.  In this area, one should realize that this should be first and foremost a form of art, developed into a business.  Like any other business, it should be driven with passion, or else, you won’t get anywhere.

Consider your personal tattooing experience. What could you possibly know about running a shop? Who are you going to hire? and things like that… skills, interest, and even the cash to start your own shop.

Workers stay in the office from day in and day out. Sometimes they get too “immune” with the work environment that they won’t realize their life span is depleted by the minute   Skin problems (you’d need to contact the Louisville cosmetic plastic surgeons for this), heart problems, breathing problems and many more.   As businessmen, employers should take human factors into consideration.

And for workers, here’s a very helpful article written by Rebecca Ruiz of News.com.au:

FROM uncomfortable offices to poor air quality and depression-inducing stress, your workplace might be worse for your health than you thought.

Some businesses supply gym memberships, weekly massages and even free bicylces for their staff, but in order to remain well experts urge employees to be pro-active about their own health while at work.

Assume the position

“Workers need to listen to their bodies,” says Karen Jacobs, a clinical professor of occupational therapy at Boston University who advises desk-bound workers complaining of muscle stiffness or discomfort.

According to the Occupational Health and Safety Administration in the US, an estimated 1.8 million workers suffer from such musculoskeletal disorders, including elbow tendinitis, wrist pain and lower back problems.

Read more about “Is the Office Making You Sick”

1. Clearly define your business idea and be able to succinctly articulate it. Know your mission.
2. Examine your motives. Make sure that you have a passion for owning a business and for this particular business.
3. Be willing to commit to the hours, discipline, continuous learning and the frustrations of owning your own business.
4. Conduct a competitive analysis in your market, including products, prices, promotions, advertising, distribution, quality, service, and be aware of the outside influences that affect your business.
5. Seek help from other small businesses, vendors, professionals, government agencies, employees, trade associations and trade shows. Be alert, ask questions, and visit your local SCORE office.

1. Clearly define your business idea and be able to succinctly articulate it. Know your mission.
2. Examine your motives. Make sure that you have a passion for owning a business and for this particular business.
3. Be willing to commit to the hours, discipline, continuous learning and the frustrations of owning your own business.
4. Conduct a competitive analysis in your market, including products, prices, promotions, advertising, distribution, quality, service, and be aware of the outside influences that affect your business.
5. Seek help from other small businesses, vendors, professionals, government agencies, employees, trade associations and trade shows. Be alert, ask questions, and visit your local SCORE office.

 I know this is an area where many if not all of us fall short… saving and budgeting.  Here’s a helpful nugget I borrowed from SCORE “Counselors to America’s Small Business.”

1. Think of a budget as a useful tool—a written financial plan that helps you set goals and measure progress.
2. Start by coming up with a sales revenue target. Make it your best estimate.
3. Based on past experience, estimate your cost of goods sold (e.g., 70 percent of sales) and subtract it from the sales revenue to come up with your estimated gross margin.
4. Forecast variable expenses (items such as travel and commissions that vary according to the level of sales) and fixed expenses (items like taxes and rent that stay the same, regardless of sales). Subtract these expenses from your gross margin to arrive at your estimated net income (before federal taxes).
5. Break your annual budget into quarters and monitor your progress every three months to detect problems and make corrections.

Helping you plan, finance and launch your small business startup or franchise

Take your dream and make it reality: start a business. But where do you start? You may be developing your own great business idea or new inventions – or you may be looking at franchise opportunities. To make your best decisions, turn to the pros in all aspects of business startup.

“You’ll find the assistance you need for business plans, startup finance, small business software, and small office home office ( SOHO ).”

Ready to go? The Startup Channel can make the right connections for you with vendors and consultants in these key areas:

1. Business ideas and inventions. Consultants or software packages will show you how to turn your brainstorm into a money maker. Patent specialists will help you protect and market your invention.
2. Business plans. The best-written plan wins the financing. Find models to copy or get personal help with yours.
3. Startup financing. Get your plan in front of venture capitalists and angel investors or qualify for a small business loan.
4. Small office home office ( SOHO ). With affordable office furniture and virtual phone systems, you can set yourself up in a professional environment.

Navigate the franchise market
Franchise opportunities come in a wide array: health and beauty franchises, hotel franchises, food and beverage franchises, car franchises. Find the right franchise and the right franchise financing. Bottom line: Scan these business startup resources, line up your business plan, your financing, your home or small business office – and go!

Source: www.business.com