Launching Your Business Lean

Starting a business in this economy can be frightening to say the least.  Risk adverse business minded professionals have idea but often stumble in the planning process.  It’s imperative to compile a business plan, and be read to change it as the months and years pass.  If you are struggling with composing your first business plan, try ‘googling’ the business you want to start and the word ‘business plan’ to find a basic starting document to mimic.  So google “basic restaurant business plan’ if you want to compose a business plan to start a restaurant.

Have a plan in place is imperative, starting lean is also critical in most small business success stories – well also starting lean is often needed because that is the budget you have!  Whatever the reason, lean is smart and lean works!

My first office required 4 office desks, conference table, 12 chairs, training area, and the basic copy machines and computers.  I searched online via craigslist – a great place to sell and shop for furniture of any kind.  Between an area an hour away from Southern Indiana, and three hours away I sourced out 80% of what I needed and spent about $2300.  From what I bought, I was able to sell off $800 in items I didn’t need .. and then focus on my final purchases – fast computers for all!  My original budget for this office was $6500 – with the purchase of those two lots, I ended up spending $4000 total for all that I needed!  I was already ‘money ahead’!

The company I own, Cardinal Selling Services, LLC specializes in finding small businesses who are closing and need e-commerce selling support with professional people to represent them each step of the way.  Often the assets we sell for local clients help start-up entrepreneurs stay lean in their own business launch!

Through Cardinal Selling Services, LLC we have sold complete restaurant close-out lots – even for franchised chains!  Sold one grouping for a business owner in Indianapolis to a buyer in Louisiana.  Transaction put together in 21 days and both buyer and seller were satisfied!  Legal documents drafted to protect the sale, and the money exchange is all part of the Cardinal process.

Just a few tips here .. many more included in my books for young adults and adults, Cardinal Rules series.