Issue: # 24October 2010
BusinessTalk Newsletter

Is Now A Good Time To Start A New Business?

An Interview with N. Michael Miller 

Successful Businessman, Venture Capitalist and Published Author Answers Our Questions in the First of a Four Part Interview About Starting a New Business Now and Into the Early Part of 2011.
Mike In Suit with glasses

Business Talk Newsletter is conducting a four part interview with N. Michael Miller.  Mr. Miller is a business owner, venture capitalist and published author.  Mr. Miller can be contacted at StartYourBusinessHelp.com which advises new business owners with consulting, business plan preparation and other services.

 

This interview will consist of four parts:

(1)    Start a new business now in this economy and the outlook for starting a business in early 2011 (in this Edition),

(2)    Funding the startup of a new business (Oct 21st),

(3)    Managing a new business and how to do it right (Oct 28th), and

(4)    Understanding how to keep a new business financially healthy (Nov 4th).

 

Here is Part One of our Interview with N. Michael Miller.

 

 

BTN:  Give us a quick summary of your background so our readers will understand where you are coming from.

 

NMM:  Business owner, venture capitalist and author all come to mind in describing my background.  If you wanted to know what really qualifies me in giving any new business owner advice about how to start a business, it would be that I have done it myself and worked with hundreds of people in helping them start new businesses.  Additionally, I assist business owners in turning an existing business that is struggling into a profitable venture.

 

 

BTN:  Our readers tend to be new business owners.  The main question on every entrepreneur's mind is this; is now a good time to start a new business?

 

NMM: Absolutely.  There are some qualifying factors to that statement, but overall the business environment for startups is very good now and looking good going into the fourth quarter of 2010.  The outlook for business startups in 2011 is even better, especially in the first two quarters of the year.

 

 

BTN:  What are the critical factors that a new business owner should consider when starting a business right now? 

 

NMM:  I would say that a new business owner should consider four critical factors in starting a new business in the next few months. 

1.       The business startup has to be well planned.

2.       The business must be well funded from the very beginning.

3.       The business has to be well managed.

4.       There has to be an absolute understanding of managing all areas in the operation of the business.  

READ THE REST OF PART ONE OF THE FOUR PART INTERVIEW WITH MR. MILLER BY CLICKING HERE

The Recent Small Business Law

By Rhonda Abrams, USA TODAY

The recent small-business law has seven key provisions to help small-business owners, and Rhonda Abrams outlines them here. Besides the $30 billion lending fund, the law includes increases in Small Business Administration loan limits, an increase in the write-off for startup expenses and a measure that allows sole proprietors to write off health-insurance premiums.  Read the Rest of This Article, Click Here


Spread The Word

By James Parks

Try These Tools, And Ramping Up Your Press Release Distribution Is As Point And Click.

MARKETWIRE (MARKETWIRE.COM): Target your press release's destination by selecting from geographic distribution, specialty markets, trade media or a customized distribution lists (costs vary).

 

PR.COM:  This site offers free distribution of press releases via online mediums such as Google News, search engines and e-mails to journalists and other worldwide contacts, as well as the website itself.

 

READ THE REST OF THE ARTICLE BY CLICKING HERE

For help in starting a new business or turning a business around, view the services offered by StartYourBusinessHelp.com or call them Toll Free 877-211-6577
In This Issue
Is Now A Good Time To Start A New Business?
The Recent Small Business Law
Selecting the Right Bank
Quick Links
Featured Website Article

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Find Books About How To Start Different Kinds of Businesses, Business Plans, Business Plan Templates and Business Development Products Designed for the New Business Owner at the Following Link:

125aday.com Publishing Company, Inc.

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