Contact Us: ​(541) 779-0177​
Insurance Marketplace, Inc
  • Home
  • Quotes
    • Property Quotes >
      • Home Insurance Quote
      • Earthquake Insurance Quote
      • Flood Insurance Quote
      • Landlords Insurance Quote
      • Renters Insurance Quote
    • Auto Quotes >
      • ATV Insurance Quote
      • Auto Insurance Quote
      • Classic Car Insurance Quote
      • Roadside Assistance Quote
      • Motorcycle Quote
      • RV Insurance Quote
    • Business Quotes >
      • Business Insurance Quote
      • Business Owners Package (BOP) Insurance Quote
      • Group Benefits Insurance Quote
      • Insurance Bond Quote
      • Workers Compensation Quote
    • Life & Financial Quotes >
      • Life Insurance Quote
      • Annuity Quotes
      • Disability Insurance Quote
      • Final Expense Insurance Quote
    • Farm Insurance Quotes
    • Health Quotes >
      • Health Insurance Quote
      • Medicare Coverage Quote
      • Critical Illness Insurance Quote
      • Dental Insurance Quote
      • Long Term Care Insurance Quote
      • Vision Insurance Quote
    • Other Quotes >
      • Boat Insurance Quote
      • Event Insurance Quote
      • Umbrella Insurance Quote
      • Wedding Insurance Quote
  • Service
    • Report a Claim
    • Make a Payment
    • Update Contact Info
    • Enroll 2020 Health Insurance
    • Policy Changes
    • Proof of Insurance
    • Policy Review
    • Online Documents
    • Free Consultation
    • Medicare Appointment
  • Insurance
    • Property >
      • Home Insurance
      • Earthquake Insurance
      • Flood Insurance
      • Landlords Insurance
      • Renters Insurance
    • Vehicles >
      • Auto Insurance
      • ATV Insurance
      • Boat Insurance
      • Classic Car Insurance
      • Motorcycle Insurance
      • Roadside Assistance
      • RV Insurance
    • Business >
      • Business Insurance
      • Business Owners Package (BOP) Insurance
      • Group Benefits
      • Insurance Bonds
      • Workers Compensation
    • Life/Financial >
      • Life Insurance
      • Annuities
      • Disability Insurance
      • Final Expense Insurance
      • Financial Planning
      • Umbrella Insurance
    • Farm Insurance
    • Health >
      • Health Insurance
      • Medicare
      • Critical Illness Insurance
      • Dental Insurance
      • Long Term Care Insurance
      • Vision Insurance
    • Other >
      • Event Insurance
      • Wedding Insurance
  • About
    • Staff Directory
    • Client Testimonials
    • Refer a Friend
    • Insurance Carriers
    • Agency Photo Gallery
    • Blog
    • News
  • Contact
  • Home
  • Quotes
    • Property Quotes >
      • Home Insurance Quote
      • Earthquake Insurance Quote
      • Flood Insurance Quote
      • Landlords Insurance Quote
      • Renters Insurance Quote
    • Auto Quotes >
      • ATV Insurance Quote
      • Auto Insurance Quote
      • Classic Car Insurance Quote
      • Roadside Assistance Quote
      • Motorcycle Quote
      • RV Insurance Quote
    • Business Quotes >
      • Business Insurance Quote
      • Business Owners Package (BOP) Insurance Quote
      • Group Benefits Insurance Quote
      • Insurance Bond Quote
      • Workers Compensation Quote
    • Life & Financial Quotes >
      • Life Insurance Quote
      • Annuity Quotes
      • Disability Insurance Quote
      • Final Expense Insurance Quote
    • Farm Insurance Quotes
    • Health Quotes >
      • Health Insurance Quote
      • Medicare Coverage Quote
      • Critical Illness Insurance Quote
      • Dental Insurance Quote
      • Long Term Care Insurance Quote
      • Vision Insurance Quote
    • Other Quotes >
      • Boat Insurance Quote
      • Event Insurance Quote
      • Umbrella Insurance Quote
      • Wedding Insurance Quote
  • Service
    • Report a Claim
    • Make a Payment
    • Update Contact Info
    • Enroll 2020 Health Insurance
    • Policy Changes
    • Proof of Insurance
    • Policy Review
    • Online Documents
    • Free Consultation
    • Medicare Appointment
  • Insurance
    • Property >
      • Home Insurance
      • Earthquake Insurance
      • Flood Insurance
      • Landlords Insurance
      • Renters Insurance
    • Vehicles >
      • Auto Insurance
      • ATV Insurance
      • Boat Insurance
      • Classic Car Insurance
      • Motorcycle Insurance
      • Roadside Assistance
      • RV Insurance
    • Business >
      • Business Insurance
      • Business Owners Package (BOP) Insurance
      • Group Benefits
      • Insurance Bonds
      • Workers Compensation
    • Life/Financial >
      • Life Insurance
      • Annuities
      • Disability Insurance
      • Final Expense Insurance
      • Financial Planning
      • Umbrella Insurance
    • Farm Insurance
    • Health >
      • Health Insurance
      • Medicare
      • Critical Illness Insurance
      • Dental Insurance
      • Long Term Care Insurance
      • Vision Insurance
    • Other >
      • Event Insurance
      • Wedding Insurance
  • About
    • Staff Directory
    • Client Testimonials
    • Refer a Friend
    • Insurance Carriers
    • Agency Photo Gallery
    • Blog
    • News
  • Contact

Insurance Marketplace, Inc Blog

How to Prepare to Become an Entrepreneur

11/19/2018

0 Comments

 
Picture
​Starting your own business is practically the American dream. We all aspire to be our own boss. But unless you were born privileged, there are a lot of steps you should undertake before you pull the trigger and start your own business.
​Capital is Paramount
All businesses require money; you need money to start your own business. Early on you need to plan on how to save the money you need. It can be as easy as saving $50 a pay period to eventually build up seed money for a business.
 
It also means establishing your credit standing when you need to get a loan to fund your dreams fully.
 
Booking Keeping isn’t Just for Nerds
Booking keeping isn’t limited to just keeping a ledger it also means being able to keep inventory and matching the inventory with the purchase price. It seems complicated, but you need to know this if you want to put up a business that sells things.
 
People Management Skills
Since I want you to succeed, then let us assume that eventually you will grow and need employees. When that happens, then you better know how to manage employees. Hence it is a good idea to have managerial experience as an employee before you decide to have a business.
 
Uncle Sam Must Have Due
Government compliance stinks, for a small business person, it is a terrible waste of time complying with the rules and regulations Uncle Sam imposes on us. It can mean attending seminars and even taking classes to learn the necessary skills.
 
I’m not sure anyone enjoys doing these compliances, but it is unavoidable because if you don't you will run afoul with the law and you might watch you dream vanish as you end up getting your license revoked. Worse you might even find yourself in jail.
 
Challenge Your Comfort Zone
A final thing you need to do is to challenge your comfort zone. Starting a business is uncomfortable and will challenge your ability to do things.
 
Business insurance is critical so that you can strengthen your capacity to tolerate setbacks and be able to confront them with grace and overcome them. At Insurance Marketplace, Inc., we aim to make our client's life easier with policies that are tailored to their needs. You can get more information about our products and services by calling our agency at (541) 779-0177. Get your free quote today by CLICKING HERE.
0 Comments



Leave a Reply.

    Contact Us

    (541) 779-0177​
    1998 Skypark Drive
    Suite 100
    Medford, OR 97504​
    Click Here to Email Us

    Archives

    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018

    Categories

    All
    Auto Insurance
    Business Insurance
    FAQs
    Financial
    Health Insurance
    Home Insurance
    Insurance
    Life Insurance
    Local
    Renters Insurance
    Safety

    RSS Feed

Licensed in: Oregon, Washington, Idaho, California, Nevada, Utah, & Arizona


Navigation

Homepage
Insurance Quotes
Policy Service
Insurance Products
Contact Us
Agent Login

Connect With Us

Share This Page

Contact Us

Insurance Marketplace, Inc​
1998 Skypark Drive
Suite 100
Medford, OR 97504
(541) 779-0177​
Toll Free: (800) 866-7791
Click Here to Email Us
Review Us

Location


Securities offered through Securities America Inc., Member FINRA / SIPC. Advisory services offered through Securities America Advisors, Inc. James Hurst, Investment Advisor Representative. Insurance Marketplace, Inc. and Klamath Financial Group and the Securities America Companies are not affiliated.
Securities America and its representatives do not provide tax or legal advice; therefore, it is important to coordinate with your tax or legal advisor regarding your specific situation.
CA Insurance Lic. #0G39542. This site is published for residents of the United States and is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security or product that may be referenced herein. Persons mentioned on this website may only offer services and transact business and/or respond to inquiries in states or jurisdictions in which they have been properly registered or are exempt from registration. Not all products and services referenced on this site are available in every state, jurisdiction or from every person listed.

Check the background of this investment professional on FINRA’s BrokerCheck.
Website by InsuranceSplash