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4 Things New Business Owners Don't Always Think About But Should

5/16/2019

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No matter where you were born, what economic circles you run in, or the type of education you received, every American has the opportunity to try their hand at being a business owner. However, though owning your own business is a romantic notion, it's also important to note that it's no small feat and takes a ton of hard work and determination to pull off successfully. There are a few things you should prepare ahead for when starting a new business, things that you might never use, but need to prepare for anyway.

Legal Issues

Many small business owners think they don't need the services of a lawyer, especially when they're just starting out. This couldn't be further from the truth. There are many eventualities where an attorney could be needed, such as debt consolidation, business planning, and asset protection. They can also make sure your business plan and licensing paperwork is accurate and filed correctly. It's better to have a lawyer on retainer for your small business than to be without one when you need them. To find one, a simple internet search for a small business lawyer San Diego if you happen to be in Southern California, should yield several good results.

An Emergency Plan

In the rosy haze of starting a new business, any kind of disaster is unconscionable. However, in reality, lots of things can happen that are beyond your control. Natural disasters, power outages, fires, floods, internet connectivity issues. Do you know what you would do if your office building were to flood and you had to relocate for weeks? What if your servers go down? Do you have offsite backups? 

If you don't have a clue on how to answer any of these questions, you need an emergency plan before you ever open your doors for the first time. It doesn't have to be an elaborate plan, but having the basics in place could save you a lot of grief if the worst should happen.

Expansion

Even though the thought of expanding might sound crazy when you're first starting out, but building in scalability from the beginning is a wise move. This could mean investing in a larger network server now to save the cost of upgrading later, for example. The same applies to things like phone systems, POS networks and even leasing a copier. Less tangible things might include just a paper plan for how you will expand when the time comes. Is a second location the right move? Is the office space you have going to support 50% more staff? Planning is key to a successful expansion.

Cleaning Services

​No business owner wants to stay after hours to give their business a good cleaning. However, bathrooms, windows, floors, carpeting, and other janitorial services have to be performed regularly. Since you're already going to be busy making a name for yourself in your chosen field, it's a good idea to hire a company that does the commercial cleaning for you. In this way, you will be able to concentrate on growing your business through marketing and hard work instead of putting your efforts into cleaning your business. If you have an outdoor space, don't forget to plan for its upkeep as well.

​Starting a small business is daunting, exciting, frightening and oh so rewarding...if you do it right, that is. Preparing for the eventualities beforehand will help you and your business succeed in the long run. 
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