Bill Bartmann's (billbartmann) Blog

Many businesses that fail do not have a good business plan.  Your business plan is an essential step in your education as you clearly define the goals of what you are doing, why your are doing it and how you are going to accomplish it.  You are not writing a novel to impress the public; you are p...

Many people feel that it would be too risky to quit their job and start a new business.  If you fall into this category, you might consider starting a business that only requires you to work at it part-time.  You will need to learn how to balance your time and commitments with your current employ...

Are you doing what you want to in life?  Do you have a dead-end job and wish you could spend more time doing what you love?  Do you have a passion or a desire to change something about an industry?  Does the market demand a change?  Getting paid for doing what you love can be the most rewarding e...

There are many elements involved in starting and growing a successful business.  There is a process that entrepreneurs must go through in order to meet their goals in business.  When considering going into business for your self, understand the facts and the myths.  For example:   You get to be y...

Franchising is another great path to business ownership, offering a great new opportunity somewhere in the middle of a new business start-up and the purchase of an existing business.  Here are the advantages and disadvantages you could experience when buying a franchise.    Advantages of Buying a...

Entrepreneurs must perform their due diligence before buying an existing business.  Be sure to think your way through everything you need to understand before making this commitment.    Why is the business for sale?  You must get an answer that you feel is credible.  You have the right to be skep...

Buying an existing business requires asking the right questions and knowing what you need to know about the business.  There are advantages and disadvantages of buying an existing business versus starting a new business.   Advantages:  When you buy an existing business, you get a proven track rec...

Are you happy with the business you are in?  Do you feel that you are making a difference?  Do you enjoy what you are doing?  If not, then you are probably not doing what you should be doing.  There is a specific reason most people go into business for themselves; and, surprisingly, it is the rea...

How do you really know if being in business is right for you?  How can you be sure that people will be willing to pay for your product or services?  There are many things to consider if you are thinking of going into business for yourself.   Basic questions to ask yourself:   Is there a need for ...

You know why you want to go into business for yourself.  You want control; you want financial security; you want to be in charge and you want to do things your way.  Going into business offers much risk and reward; are you right for business ownership?   Be honest and give some thought to how you...