Ask SCORE: A well-constructed business plan is needed to address the necessary steps to form a small business | Business News [Video]
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Entrepreneurship

Ask SCORE: A well-constructed business plan is needed to address the necessary steps to form a small business | Business News [Video]

QUESTION: I am thinking about starting a business. However, I am not sure what steps I should take. Can you offer some direction in this regard?

ANSWER: Your question is timely, as several state and local websites have been recently updated. The first thing you should do is construct a written business plan.

I see too many entrepreneurs who invest a lot of money with start-up expenses, before doing the necessary due diligence.

A well-constructed business plan will address all of the necessary steps you must take in the formation of a new business including:

  • Select a legal structure: Consider an S corporation or a limited liability company if yours is a sole proprietorship or one with just a few partners.
  • Register a fictitious name: A fictitious name is the legal term for an assumed name that a business uses instead of the name of the owner. This is also …

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Branding and Marketing: What’s The Difference? With Vince Warnock [Video]
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Entrepreneurship

Branding and Marketing: What's The Difference? With Vince Warnock [Video]

Welcome back to the Leadership Stack Podcast! Today we have Mr. Vince Warnock, a marketer, speaker, and author of the book “Chasing the Insights.” For our premiere episode with Mr. Warnock, he will be answering a few questions from Mr. CEO at 22, Sean Si, about digital marketing. How essential marketing is for businesses? What are the differences between branding and marketing? And how do marketing and branding work together in making your business successful? Hop into this valuable episode of the Leadership Stack Podcast!Vince Warnock on Social Media:LinkedIn: https://www.linkedin.com/in/vdub01Website: https://vincewarnock.com/Book: https://chasingtheinsights.com/___Part 1 - Branding and Marketing: What's The Difference? https://youtu.be/v2ZoCtZVlUcPart 2 - Should You Really Go for Paid Ads? https://youtu.be/ERD6ZIp3I94Part 3 - Is Word of Mouth Marketing More Effective? https://youtu.be/xpzzPhc0VGA___To learn more about entrepreneurship, leadership & management, you can follow us on:Facebook: https://www.facebook.com/leadershipstack/TikTok: https://www.tiktok.com/@leadershipstack?lang=enListen on Spotify: https://leadershipstack.com/spotifyJoin our community and ask questions here: https://from.sean.si/discordleadme.ph/facebookSean Si on Social Media:LinkedIn: https://www.linkedin.com/in/seansiFacebook: https://www.facebook.com/seansi.speaks/Websites:SEO Hacker: https://seo-hacker.comSEO Services: https://seohacker.services/Sean Si: https://sean.si/Check out Sean's new project: Aquascape Philippines: https://aquascape.phEnroll now in Sean Si’s Masterclass:https://sean.si/masterclass/Support Sean Si’s work by becoming a patron:https://www.patreon.com/seansiWhere Sean Si invests and make his money work for him:https://leadme.ph/growinvest

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