Thinking of opening your own business?
I get asked all the time "how do I start a business?" "what business would be good around here?" "how do I know what business taxes to pay?" and a slew of other business related questions so here goes. The first step in starting your business is to decide what your business is going to be. It's best when making this decision to examine the demand for a product in your area and find an uncatered to niche or marketplace where supply isn't prevalent. In a small town with a limited number of customers opening a competing business with other local establishments won't earn you any brownie points with other business owners and can often split an already thin customer base making your business as well as the competing business both unprofitable. Once you find an untapped market in your area decide on your business name, inventory, location, and format, checking your desired name with the state is always a good idea before filing to ensure you...