In recognition of Small Business Month, Whitaker-Myers Wealth Managers is partnering with our CPA and fellow small business owner, Kage Rush, to discuss the thought process and steps needed to open and continue to operate a successful small business or side hustle. This article will be the first of three on organizing a small business and the early steps.
With the advent of internet shopping and social media advertising, there has been a boom in small businesses over the last decade. In 2021, 5.4 million new business applications were submitted in the U.S. - more than 20 percent higher than any previous year. If you aspire to be a small business owner, it’s important to be prepared and have a plan before making a financial commitment. In this article, we’ll explore three keys to starting a small business from scratch.