Business Information Centers

Ohio, Kentucky and Indiana maintain information offices which provide start-up and operating businesses with free kits containing valuable information on taxes, licenses, permits, and other regulation requirements Call 1-800-248-4040 Or 1-614-466-4262 OHIO 
1st Stop Business Connections (Formerly the One-Stop Business Permit Center) website: http://business.ohio.gov/starting/ Ohio provides a packet containing detailed information on permits, licenses, taxes, laws and regulations for businesses operating or starting in the state. It also includes a planning guide and a listing of state and federal loan programs available to the small … 
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Greater Cincinnati Score Small Business Resources

  Greater Cincinnati Score Small Business Resources Score has an extensive library of business resource briefs to help entrepreneurs start and operate a successful business. As a new business, you have plenty of decisions to make even before you actually launch, including how to best organize your business. Each of these briefs will give you crucial information that will help you find the best solution for your unique situation. Choosing the Legal Structure of Your Business One of the most important decisions you will make … 
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Women’s Business Certifications

What types of certifications are generally needed? It depends on who your prospective clients will be. Are you looking to do business with the federal government or private sector companies like Procter & Gamble, Avon, Macy’s, etc.? You will need to find out which certifications they accept. There are some agencies which will accept ANY certification, like Hamilton County and Cincinnati Public Schools. Does a woman business owner have to be certified as a Women Business Enterprise (WBE)? No. However, the advantage is that it … 
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What is a Limited Liability Company (LLC)?

(This information is provided for guidance only. Competent legal/accounting advice should be obtained to assist you in making a decision on the best form of organization for your business) WHERE DID LLC’s ORIGINATE? LLCs were first enacted by the state of Wyoming, but now can be enacted under the laws of any U.S. state. They were chiefly inspired by the GmbH in Germany, and by limitadas available in many Latin America countries. Few other countries have similar structures; United Kingdom’s LLP created in 2002 is … 
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STARTING A NON-PROFIT ORGANIZATION

BACKGROUND Many individuals wanting to start a non-profit do so because they think grant monies are waiting for them. They don’t realize the strong role the Board of Directors or Board of Trustees play in the overall running the non-profit. The board selects and employs the Executive Director and is the legal employer of all paid staff. The Founder must realize that if they assume the role of Executive Director, this position reports directly to the board. The Board may dismiss this individual and replace … 
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Small Business Loan Resources

Are you in need of financing to start or grow your small business? There are many options available to finance your business. Here are just a few to get you started. Be sure to prepare a business plan before approaching a financial institute of any type. The following references provide links to various State, County, City and private loan programs available to help small businesses obtain financial help. This list is not all-inclusive, but can serve as a reference point for the major programs in … 
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Certification and Registration of Minorities, Veterans and Small Business

Would you like to attract new clients/customers to your small business? Qualifying for government contracts can bring in thousands of dollars to your business. But the process of qualification is not easy. This post will walk you through the certifications and processes to become certified. There are many forms of registration and certification. Your first step should be to check with the organization you want to work with to see what they require and what advantage if any you would enjoy if you qualify. Why … 
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How to do a Breakeven Analysis

Don’t run screaming because you don’t like numbers, it is vital to your business that you grasp some of the financial aspects of business ownership. If it really scares you request a Score Counselor to assist with the calculations. It’s important, particularly for start-up companies, to understand the level of sales volume that they need to achieve in order to be financially viable. That level is the breakeven sales level. A breakeven sales level occurs when sales are exactly equal to total costs – no … 
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Surviving the Financial Side of Business

The area of your startup that you can not leave to chance is the financial piece. Ignoring this area can certainly mean the failure of your business. So give yourself the foundation you will need to grow a financially successful business. To assist you in the process here is a summary of the multitude of business briefs we have available for you to download. From the start-up of your business, you need to set-up your financial records to capture all the data needed to run … 
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Sales Forecasting for Small Business Owners

Sales Forecasting is a critical step that every small business owner should learn to assist him or her in making informed decisions about their business growth. Sales forecasting is the process of organizing and analyzing information in a way that makes it possible to estimate what your sales will be. This post outlines some basic methods of forecasting sales using easy to find data. More detailed information regarding sophisticated techniques of forecasting sales can be found on the internet, in books at libraries and book … 
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