A Quick Guide to Starting a Business

businessThere is no limit on who can become a great entrepreneur. Starting a business, be it a simple one such as http://www.platinumaccesslimos.com/ or complex ones such as Amazon is no brainer. Sustaining the business and growing it to profitable levels is the real deal. To start a business, you don’t need to have a college degree, neither do you need to have a huge chunk of money or business experience. However, what you need is to get all the details right. You need to be armed with a strong plan as well as determination to see your business succeed.

To get straight into business, there are vital steps you need to follow to help turn your passionate idea into an actionable business.

Evaluate Yourself

When it comes to evaluating yourself, think about the reasons why you need to start a business. What kind of business are you interested to start? Is it just a side hustle because you need extra money? Start asking yourself even deeper questions to understand your capabilities and motives. What skills do you have? Evaluate where your passion lies and the areas of your expertise. Now that most businesses fail, how much are you willing to spend? How much capital do you need and how ready are you to become an entrepreneur?

Think of a business idea

Do you already have a killer business idea that you are passionate about? If not, you need to come with a business idea that will form the basis of your business. Ask yourself about the technologies and advancements that are coming next. Aim to fix a problem that already exists in the market. You can aim at applying your skills to an entirely new field. Ensure that for anything you bring to the market, it’s better and can solve problems faster.

Do market research

ResearchIf everyone else is doing what you are doing, what makes you think you shall survive the fierce competition? Start researching your potential rivals and their customers and aim at introducing something new to the market, that gives you an edge over your competitors. While doing your research, you can use online resources, surveying as well as secondary research. Let your customers interact with your products and services and get some feedback on what they feel.

Make your business official

When you understand your market and know the kind of products and services you will be offering, its time to make your business official. Get all the required legal documents so that you don’t have to worry about someone screwing your idea. The documents you need include; a business structure, a business name, registering your business, all tax IDs, permits, licenses and required bank accounts.

Other Steps

Now that your business is official, you need to come up with a business plan. When the business plan is ready, think about ways to finance your business. You can fund a business yourself, pitch to friends and family, get grand, crowdfund, and seek a venture capitalist, among others. When you have secured the finances, it’s time to develop your products and service and start building your team. Find a good business location that you can operate from, get some sales to kick off your business and work on growing it.


Most Profitable Businesses to Become a Millionaire

businessUnless you win a lottery or you are poised to inheriting family wealth, becoming a millionaire takes hard work and patience. However, if you are looking to start your own business such as Delray Beach Towing Service, do not wait until it’s too late. These days, people are increasingly ditching their 9 to 5 jobs in favor of starting their own business.

Not all businesses are equal as some are poised to perform better than others. There are fantastic business ideas that are bound to make you a millionaire in the next few years. The hardest part of becoming successful is getting started, so let’s explore these businesses.

Financial Services

Financial services are broad, and range from bookkeeping, accounting, tax preparation among others, and all these services are in high demand, irrespective of how the economy is performing. Investing in offering financial services is one sure way to set yourself up to becoming a millionaire.


Business Consultancy

business consultancyToday, so many entrepreneurs are looking forward to launching their businesses. This means they need advice from someone who has been there and successfully done it. If you fit this bill and have the experience that is required, you can successfully start it. A business consultancy venture can help provide these aspiring business owners with valuable information at a reasonable fee.


Investment Firm

There has never been a shortage of investing and trading opportunities out there. By having an investment firm, you can invest pretty in anything be it commodities such as gold, oil, bitcoins, bonds, stock among others. You can also decide to invest in forex trading. Starting an investment firm can be risky, but with careful implementation, it can be very profitable, due to the large commissions involved.


Real Estate

The global population continues to rise, and people are in dire need of housing solutions. The high rising population means that people will always need somewhere to live. Real estate and construction business will still be a lucrative business for many years to come. The good thing about it is that price of land, and real estate continues to appreciate in value. If starting a construction company is hard, you can get into real estate by becoming a real estate brokerage firm.

Exporting and Importing

We are living in an increasingly global marketplace where importing and exporting business can be very profitable. This business is relatively easy to start if you are aware of global markets and regulations. You can import and export anything from clothing, vehicles, and electronics among others.

Legal Services

There will always be a huge need for legal representation and services. Legal representation involves anything from lawyers, notaries, settlement officers, title search agents among others. Legal services are never cheap as they come with a cost and huge commissions. If you are good at law and can do an excellent job, then you set your business up to getting a massive stream of recurring clients.

Other notable businesses you may think of going into include; eco-friendly businesses, communications, healthcare consultancy, e-commerce businesses, web design agency among others.

Top Challenges Facing Women in Business

women in businessEntrepreneurship has long been considered a man’s field, but the tide is slowly shifting. Women have now entered into the mix. When it comes to matching the male counterparts, women have been making great strides in the business world. Today, more than 9 million US firms are owned and operated by women and generate more than 1.5 trillion dollars in sales. Though this number is fast rising, there still exists very few female investors and startup founders.

Although more women are embracing entrepreneurship, they continue to face critical challenges. To shed light on some of these challenges they face, let us look at them keenly.

Social Expectations

To make it in business, women have to defy a lot of social expectations. You can walk into a crowded seminar, and if you count the number of women present, you get a shocker. There are many stereotypes where the attitude places men at a higher position in business. Society thinks women are not as competitive, and aggressive towards the industry as men are. However, successful women CEO can break up these myths.

Limited Access to Funding

women businessStartups are known to struggle in search for investors to get their business off the ground. The few that get funding can explain how the process is never natural. There is some known truth that startups that get funding from investors get it because investors can relate and associate with such founders- They are their people. Investors look for businesses that can grow their valuations to more than 1 billion US Dollars. If there are experts in your founding team that can execute business operations to turn such a valuation, then investors are more than willing to be associated with the startup. In the startup field, women have long been performing so poorly.

Lack of Role Models

There are many successful female entrepreneurs around the world. However, male entrepreneurs usually get better media coverage and visibility. It is easy to name successful male entrepreneurs as compared to their female counterparts. Women tend to start businesses in those sectors where they have experience and not so much in the technical areas. When a female entrepreneur emerges from a professional position, they usually struggle to get female mentors and role models from the same sector.

Fear of Failure

There is the fear of failure and fear of success. Usually, when male entrepreneurs open a business, there is not much pressure placed on them regarding whether the company will be successful or not. However, when their female counterparts do the same, there tends to be unnecessary pressure and scrutiny placed on them, in the name of seeing how their chances of success will be.


Time Management

It can be quite overwhelming to effectively manage time, communication and family all at once if you are a woman. When you venture in the business world, no one will give you a resource book outlying how these issues are balanced. As an entrepreneur who loves doing what they have started, taking a break becomes even riskier. The key to effectively manage all the issues affecting your business lies in the delegation, and effective delegating for that matter.

Importance of Empowering Women

womenWhen you hear about women empowerment, what comes to your mind? Is it freedom on the choices women make? Is it women movement, equality or providing a brighter future for our little girls? When we talk about women empowerment, all these aspects come into play. Women empowerment refers to the act of creating an environment for women where they can make decisions on their own and have these decisions impact positively on their personal growth as well as growth from a society perspective.

The idea of women empowerment hails from increasingly providing and improving economic, social, political and legal strengths to women. It aims at ensuring equal rights to women and making them confident in the decisions they make. This empowerment helps in decreasing the disparities between om gender on matters of education. It also decreases inequalities between men and women by increasing empowerment in the fields of political, economic and social life of girls and women.

Importance of Women Empowerment


Women are equally as capable as men. They are competent and intelligent. These days, women have even made huge strides than men in many socio-economic aspects. Their population constitutes to 50 percent of the world’s population. A large number of this percentage is unemployed. The world’s economy suffers a lot when a vast population of women is uneducated, unemployed and underprivileged. When we empower women, we empower the world.

Human Rights

Human rights and individual rights are an essential aspect of the growth of humans. Women need to be given space and room to express their thoughts and opinions freely without any form of restriction. We can make women more empowered by imparting self-confidence in the decisions they make. Women should be made to understand their rights and social positions they are entitled to in the constitution.

Educational Empowerment

An educated woman is a wise woman. Educate women and solve 50 percent of the issues and problems affecting the world today. When you educate women, you give them a chance to grab the knowledge and skills such as expertise and self-confidence that is necessary for their growth and development. The girl child should be empowered and educated to face the world’s challenges.

Political Empowerment

Women should be encouraged to join political systems that support them to make political decisions in governance. Political empowerment also helps women get the necessary legal knowledge and spread such awareness among other women in advocating for their constitutional rights and preventing exploitation.




Common Types of Abuse towards Women


women abuseThe commonly used and accepted definition of abuse is a pattern of behavior used by one person to gain or maintain power over another. The most important thing to note is that we are talking about a pattern of behavior and not just a onetime incidence.

Abuse against women takes different forms. Regardless of if it’s emotional, physical or whether it takes other forms, abuse always takes and follows an escalating pattern with the controlling behaviors worsening over time. The abusive partner may use oppressive means and systems to assert his or her authority over the other partner.

Let us look closer to these types of abuses.



Physical abuse is the most common type of abuse people think about when they hear the word ‘abuse.’ Physical abuse may include patterns such as hitting, slapping, burning, kicking, punching, strangulation, damaging personal property, refusing the other partner medical care or controlling medication, using weapons or coercing a partner into substance abuse.


Sexual Abuse

Sometimes, sexual abuse can take the form of physical violence. However, it gets its category as sexual abuse. This form of abuse can include a rape act or other forced sexual acts. It can also be withholding or using sex as a weapon of influence over your partner. An abusive partner may use sex as a means of judging their partner or assigning them a value to undermine them, hence make them suffer emotional torture. When it comes to criticism about sex, one partner may brand the other not good enough on matters sex. Since sex is loaded with psychological and cultural implications, its abuse can have a damaging effect.

Mental and Psychological Torture

mental abusePsychiatric and psychological torture happens when one person uses words that are meant to wear down the emotional well-being and health of the other partner. It always involves making your target doubt their sanity. With this form of abuse, the abuser tends to use their influence on words to make their victims have a lack of trust in their judgement and trust the judgment of the abuser.


Verbal and Emotional Abuse

Verbal abuse involves abuse that is caused by the use of harsh and damaging words on your partner. On the same note, emotional abuse may include the use of words that are cunningly crafted to create the desired influence over a situation. It may involve the use of lies that makes the other partner imagine things that otherwise would not be realistic. The effects and signs of emotional abuse may be harder to spot, by people outside your family. Worst about it is that emotional scars take such a long time to heal.

Financial and Economic Abuse

Abuse is all about power and control, and abusers use all means possible to control their victims. One of the most common ways involves using economic and financial position to abuse the other person. It may include managing all the budgeting and denying the victim access to their bank accounts, money, and financial statements. This type of abuse is among the reasons why some people are not able to walk away from their abusive relationships.