I’ve always thought about starting my own business. I’d love to own a web hosting company or a design firm. But it’s always been something that was just at the back of my mind because I don’t even know the first thing about how to start a new business. Sure, I took business classes in college, but they were mostly just Marketing classes, and the one I took which was actually about entrepreneurship, I only really learned how to create a business plan and forecast profit margins over a 2-year period… Not that knowledge such as this is necessarily a bad thing… It just doesn’t really help me get started (except for the business plan part).

A lot of my friends have Incorporated themselves as a business for various reasons, but not even they fully understand what they’ve done. Some of them are actually breaking the law by the way they’re operating their business, because they don’t understand what incorporation is. If they’d worked with a startup company, such as Incparadise, they might be more in the know with what they’re doing. But all of them did this themselves, so they’re basically taking the “hit or miss” approach. If it works out, then they’ll be okay and if it doesn’t, then they could be in a lot of trouble.

I know that when and if I decide to start a business, I’m definitely going to be talking to as many people as I can and maybe enlisting the help of a start up company. I want to make sure that everything is done 100% by the book and will be all proper and legal when everything is said and done.