Starting up and Running
a Successful Business
By Tony McGuire
Copyright 2012 Tony McGuire
All Rights Reserved Worldwide
Smashwords Edition
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Contents
Cover
Title Page
Contents
Important Notice
Section 4 - Suitability Assessment
Section 5 - Business Building Framework
Section 6 - Proven Success Regime
Section 7 - Suitability Assessment Workbook
Section 8 - Business Building Workbook
Section 9 - Business Process Checklist
Section 11 - Additional Material
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© 2012 Copyright Opal Consulting Limited
*** ALL RIGHTS RESERVED ***
No part of this tutorial may be reproduced or transmitted in any form whatsoever, electronic, or mechanical, including photocopying, recording, or by any informational storage or retrieval system without express written, dated and signed permission from the author.
DISCLAIMER AND LEGAL NOTICES:
The information presented herein represents the view of the author as of the date of publication.
Due to the rate with which conditions change, the author reserves the right to alter and update his opinion based on the new conditions. The tutorial is for informational purposes only.
While every attempt has been made to verify the information provided in this tutorial, neither the author nor his associates/partners assume any responsibility for errors, inaccuracies or omissions.
If advice concerning legal or related matters is needed, the services of a fully qualified professional should be sought. This tutorial is not intended for use as a source of legal or accounting advice. You should be aware of any laws which govern business transactions or other business practices in your country and state.
Any reference to any person or business whether living or dead is purely coincidental.
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Tony McGuire, Independent Business Adviser
Tony created Opal Consulting Limited after building a distinguished career as a Senior Executive in a number of multi-national organisations.
Starting a career in Civil Engineering, leading to Senior Project Management and high profile Executive Roles, this gave the perfect background for work as an Independent Business Adviser.
Widely accepted as one of the most useful and practical methods that any business can adopt, the training tools and techniques available in the range of Special Reports, Tutorials, Courses, Comprehensive Workbooks, Checklists, Templates and Action Plans, with access to interactive support, provide a unique and different way that can benefit your business with immediate effect.
Opal Consulting exists to add value to the business world, make a difference to my clients’ lives, specialises in helping businesses to solve problems and to leave a worthwhile legacy.
YOUR SUCCESS IS MY BUSINESS
A full range of Reports, Tutorials, Courses and Services can be found at the end of this tutorial, with references to the suite of web sites.
http://opalconsultinglimited.com
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Starting up a Successful Business
Welcome to the Opal Consulting Special Tutorial Starting up and Running a Successful Business.
Starting a business can be both exciting and daunting, but with some hard work and focus on the correct tasks, can be one of the most rewarding experiences that you can achieve.
This tutorial is designed to take you through the preliminary stages of the process as a mini feasibility study and will enable you to make essential decisions before committing valuable time and effort to your venture.
Probably the MOST IMPORTANT factors is:
It should alert you to any flaws or weaknesses in your concept
and prevent you from spending your hard earned money unwisely.
Spending time at this early stage, to identify and plug gaps now, will pay huge dividends later down the line, especially when several elements are being worked concurrently.
With that in mind, the exercises will help you to learn some fundamental and basic steps for starting your own small business.
There are no right and wrong answers to the questions posed, merely indications of how thoroughly you have considered some of the steps you will need to take to start out on your own.
There are no magic pills, silver bullets or overnight solutions in business.
By having a clear plan of what, why and how, you are most likely to succeed.
To Your Success!
This is the text only guide, with no follow up information or updates.
Remember, there is always the option to visit the website and join one of the Opal Inner Circle Categories, where interactive guidance and assistance can be requested as part of the membership.
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Starting up a Successful Business
So you want to start a new business?
There are several actions that you need to take before you begin to take the journey into what can be one of the most rewarding steps that you ever take.
This tutorial guides you through all the different questions that should be answered before you even take the first step.
Don’t be fooled by the simplicity of the questions, which may appear basic and straightforward, as they are very powerful when comprehensive answers are given and will make sure that you don’t fall at the first fence.
There are 3 main topics that need to be addressed:
A Suitability Assessment
A Business Building Framework
A Proven Success Regime
Most of these activities are also required if you are considering:
Starting a new venture within your existing business.
Adding a new product to your existing business.
Adding a new service to your existing business.
Clearly, the activities that are not relevant do not need to be considered.
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This is probably the most crucial step.
It is also the one step that is most frequently overlooked, which is why most ventures only just manage to scrape by, or even fail altogether.
There are seven questions that must be answered honestly to test whether or not it is worth spending time, effort and money in an attempt to start a business.
To complete your answers, print out the appropriate Workbook.
Why do I want to do this?
Identify the 3 main reasons for your choice.
What is my overall objective?
This should be an attempt to create a vision of the end result.
Where am I trying to get to?
Your ideal Turnover.
The Lifestyle that successfully creating the business will achieve.