Although the current economy might not offer a promising outlook for instant wealth, there have been many businesses to recently open their doors to the public and experience growth.  If you have an idea that you believe will stand out from the crowd and make a substantial business foundation, don’t feel deterred simply because you’re not in the most favorable economy.  Start your business without delay.  Knowing the right techniques and how to get started can encourage you down the right road.

Below are five key guidelines that will help you to start your own business.

Guideline #1: Get Business Advice From a Qualified Advisor. This includes financial and business consultations from legal, qualified advisors.  Your first step for starting a business should be with a legal consultant.  That way, all your questions can be answered before you jump into launching your idea, and you’ll know exactly what the guidelines and rules are for a business in your state.  A credit solutions services such as Vivix Credit Solutions can put you in touch with the advisory services you need.  Vivix Credit Solutions has helped many new businesses and company individuals get on track with credit repair and debt settlement services. Vivix Credit Solutions has a network of licensed; registered service providers and can guide you to the most suitable choice to get the advice you need.

Guideline #2: Write Your Business Plan. A business plan is the blueprint of a business.  And if you’re beginning a new business, it can be your biggest step forward in the early stage.  You can find free templates for your business plan from government websites (websites that ends in .gov).  Look for the local state where you want to have your business in, and go to the website for your state for ideas on creating your business plan.

Guideline #3: Get Financing For Your Business. If you have a qualified financial advisor from the reputable network the likes of which Vivix Credit Solutions can provide, you’ll be in a much better spot to get the right type of financing for your business.  Is a government backed loan a good idea?  Or maybe a venture capital would work best.  There are also research grants available.  You can save a lot of money and even make a profit margin if you know the right type of financing that’s available.  Get legal assistance from the experts available in the provider network of Vivix Credit Solutions.

Guideline #4: Get a Business Name (DBA) and TIN. You’ll need a business name registered with your state government to do business.  You’ll also need a TIN, a tax identification number.  This could also be called an EIN (Employer Identification Number).  EINs are important to register if you have employees and will be filling out tax forms for them at the end of the year, and can be applied for from the IRS.  Normally, it doesn’t cost anything to register an EIN, but you may have to pay a fee to get your business name registered.

Get your free special report, “The TRUTH About Legal Credit Repair & Your Credit Report” today. Combine that with a free consultation with a credit repair counselor as well!