| becoming more and more popular to start your own | | | | you can have your policy extended for this coverage. |
| business and women are going into business just as | | | | If your policy does not allow this you may find better |
| much as men. There is much to know about starting a | | | | luck speaking to an independent insurance agent. |
| business, and here there are five important things | | | | Third piece of knowledge is to know ahead of time if |
| women should know before starting their business. | | | | you will go into business on your own or with a partner. |
| First you are going to want to speak with some | | | | You will want to decide on either a sole proprietorship |
| business professionals. Here is a list of persons you will | | | | or a partnership. If you go solo you are the owner and |
| want to speak with to get your business on the right | | | | take on full responsibility for the business. If you choose |
| foot. A good accountant can show you how to set up | | | | to take on a co-owner be sure to discuss this with |
| proper book keeping as well as record keeping for | | | | your attorney to discuss any preventive maintenance |
| taxes. A lawyer who specializes in small business can | | | | when it comes to your financial set up. |
| legalize your business name and counsel you on how | | | | Fourth, be sure to have a solid idea of the cost of your |
| to protect yourself from possible business related | | | | business. Create a thorough business plan. This will |
| lawsuits. A casualty or licensed property agent can | | | | allow you to know if you will need financial assistance |
| help you to evaluate your insurance needs. They can | | | | such as a bank loan or if you will want to look for |
| better narrow down specific areas that you may need | | | | other outside investors. You can also search for |
| additional insurance coverage. Lastly you will want to | | | | government grants that are specifically created for |
| speak to a business coach who can help you find | | | | women in business. |
| start up money, as well as help in areas of | | | | Fifth and final choose if your business will be run in |
| bookkeeping and possible future business expansion. | | | | home or out of home. This choice also includes |
| There are some places you can find more helpful | | | | insurance coverage and grant information. |
| information. Your local chamber of commerce is a | | | | All of the above go hand in hand to create a solid |
| great location to start. Also local women’s | | | | base for your business. Be sure to speak to business |
| business clubs can steer you in the right direction. Be | | | | personnel, and do some research. Knowledge is |
| sure to check you library for county business | | | | power when it comes to creating your own business. |
| directories. | | | | Arm yourself with all the business knowledge you can. |
| Second be sure to know exactly what type of | | | | Take some business courses or seminars. Once you |
| business insurance you need. It’s best to first | | | | have a good understanding of how your business is to |
| check your homeowner’s policy to look for | | | | be set up and run you will be well on your way to a |
| possible personal business coverage. If this is included | | | | successful business. |