Is it Time To Start Your Own Small Business?

Life123.com helps give your business aspirations a raise

BOSTON, June 1 /PRNewswire/ -- The economy has cratered. The business
landscape of the United States is changing. You might be one of the unlucky
ones who felt the swing of the axe as the unemployment rate rose to 8.9
percent. Or you may be one of the unhappy employed, tired of having a boss
and wondering how to quit your job and whether it's the right time to consider
buying or starting a small business. If so, Life123.com can offer some great
information and business savvy for those considering the frightening but
ultimately satisfying road to entrepreneurship.

So you've got a great idea, and now you want to go it on your own and start a
small business. What's the first step? Naturally, you've got to write a
business plan. Luckily for you, life123.com offers tips for writing winning
small business plans that can help you over the frightening hurdle of staring
at a blank page and get you on the road to success.

Once you've completed your company's Magna Carta, you're ready to secure
financing -- a tricky, but not altogether gloomy proposition in the current
economy. After all, investors want to make money and there are still
opportunities, if you qualify, in minority business grants and business grants
for women. If you don't fall into either of those categories, you can still
try to get a small business loan, which may be easier now that the credit
markets are easing up.

After receiving the green light financially and acquiring office space by
securing an office chair or two, it's time to hire your employees. Wondering
what employee benefits you can offer them? It's worth doing your research to
try and create the most attractive offer possible, because benefits can make
the difference between when potential candidates hear "don't take that job!"
in their heads.

If you've only ever been on one side of the table, you might need a crash
course in how to conduct an interview, or check out life123.com's job
interview tips for the interviewer.

With a little luck and a lot of patience, you'll be able to staff your new
company and begin a worthwhile journey of a lifetime -- whether it culminates
in your appearance on the New York Stock Exchange, or just your local town's
economic development council.

SOURCE Life123

Deborah Szajngarten for Life123, +1-914-826-2153,
Deborah.Szajngarten@Mindspark.com