Top tips to start your business off right - Miller IP

Top tips to start your business off right

When you start a business, you're choosing to take complete control of your destiny. Although that comes with its share of benefits, it also means you're responsible for whether your business fails or succeeds. Fortunately, with a few tips, your business will be more likely to thrive. 

Decide on the Correct Business Structure 

You typically have four main business structures to choose from: sole proprietorships, limited liability companies, partnerships, and corporations. By choosing an LLC, you can protect your personal assets and receive tax advantages. 

Find Funding 

If you lack funding to start your business, check into grants that are available to you. You won't have to pay this money back. There are private, federal, and state grants for small businesses, but you need to read carefully to figure out which ones you qualify for. 

Perhaps you could take out a loan to cover start-up costs. For you to qualify for a loan, you need a detailed business plan that defines your goals, establishes your marketing plan, and mentions who'll be working for you, among other information.  

Consider Setting Up a Home Office 

If you don't require a physical location, set up a home office instead. You can escape from all the distractions of the rest of your house with a designated work area. 

As you set up your home office, think about what you'll be using the space for, such as client meetings or handling your finances. Use this information to determine what you need. For example, if you're holding client meetings, you must have a seating area. On the other hand, if you're using your office to manage your finances, invest in a computer that'll last. 

Don't forget to create a space you'll enjoy. By doing so, you'll be more likely to be productive. You could add houseplants, which can improve productivity and your mood and help to keep the air clean. 

Figure Out Your Target Market 

Establish who your target market is before you plunge into creating your marketing campaign. Determine this by asking yourself questions, such as are they mainly women or men, and are they in a certain age bracket. 

By knowing your target market, you can implement effective and cost-efficient marketing efforts.

Use Technology to Your Advantage

The Internet gives you access to apps that can help you manage almost any aspect of your business, including payroll and scheduling. You may even find apps that allow you to monitor the project process. 

If you're working with freelancers, video conferencing allows you to meet with them individually or as a group. 

Thinking About Creating a Doing Business As

A ‘doing business as’ (DBA) is a name your business can go by rather than the official name. A DBA makes it easier to market new products and services. Plus, you can use it if your domain name isn't available. 

Doing Business Right Makes All the Difference 

When you know a few tips, you can start your business off the right way. You then have more potential for success. 

Discover how Miller IP Law can help you with legal matters associated with your business.

If you are a startup, small business, or a solo-inventor looking for a high quality & affordable patent or trademark, you've found the right place. Miller IP Law offers transparent and affordable options specifically designed for your business goals. Grab a strategy meeting to kick things off!

About the Firm...

Miller IP Law is a firm that focuses on small businesses, startups, and entrepreneurs/solopreneurs. We’re easy to use. We offer affordable pricing that’s transparent and flat-rate. We focus on the little guys who actually need our help. If you’d like an attorney on your team, simply schedule a Zoom call, and we’ll take care of the rest.

Top Blog Articles

1. Cheapest Way To Get A Patent

2. How Long Does It Take To Get A Trademark?

3. Why Are Patents Important?

Miller IP Law

Want to chat more about this topic, or got a burning question? Take advantage of instant chat and send us a direct message


Miller IP Law

Find Us On LinkedIn

About Our Firm…

Miller IP Law is a group of attorney's, based out of Mountain Green, Utah, who are excited to help you build your business and further innovate market places and economies. Please consider looking at our services, billed at flat rate, and be sure to grab a free strategy session to meet with us!

Start Your Journey



Get weekly stories and information about protecting intellectual property with our e-mail Newsletter today!

Need To Get In Touch With Us?➡

Schedule A Free Strategy Session Today…

Miller IP Law

Flat Fee Pricing

Straightforward for Patents and Trademarks

Miller IP Law

Patent Application

Miller IP Law

Trademark Application

Miller IP Law

Copyright Application

← Older Post Newer Post →

Miller IP

Tips for Buying and Growing a Struggling Business - Miller IP

Tips for Buying and Growing a Struggling Business

Many entrepreneurs like the idea of buying a struggling business and turning things around by making better management decisions. After all, owners of distressed businesses...

Read more
Resources for People Who Want to Start a Business with Limited Capital - Miller IP

Resources for People Who Want to Start a Business with Limited Capital

If you're like many Americans, you may dream of owning your own business. However, if you don't have a lot of startup capital, you might...

Read more