Lucrative Business Services

Looking for resources, advice and techniques to help start or improve the performance and efficiency of your business?  At Lucrative Unlimited, we can help you reach your business goals.

Services Offered Include:

  • Start-up Consulting
  • Business Formation
  • Registered Agent
  • Policy & Procedure Development
  • Software Implementation
  • Project Management
  • Business/Strategic Plans
  • Capabilities Statements

BEFORE YOU DIY, GIVE US A TRY

When it comes to establishing your business, you want to get off on the right track so that you don’t have to back track.  That is why we advocate for entrepreneurs to partner with a business consultant or advisor BEFORE setting up the foundation for their business.  We often see entrepreneurs sharing how they wish they knew this or that before doing XYZ because they see how much time and money they wasted correcting past mistakes.  

We also know that there are A LOT of business advisors in the market that are just there to make profits and not to REALLY assist you with making the best decision for your business.  This is why we offer free 30-minute consultations to potential clients so that we can provide you with an overview of what to consider for the stage of business you are in.  From there, you can decide to DIY or hire us for support.

And finally, the best perk about working with a Business Consultant or Advisor is that we are often connected to other business service providers and can offer discounted packages to you so that you can save more money on the things you need! Sound good?

Well, Let's Chat!

9 TIPS BEFORE STARTING A BUSINESS

Research!
Tip 1: Understand the industry and competition so you can navigate your method of entry into the market. Understanding the risks helps you establish the correct insurance coverage AND ensures that you have the risk tolerance to be successful. And YES, accounting, legal, and tax services should be included in your start-up costs!
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Who are you talking to???
Tip 2: You need to know your audience so that you deliver what they want. Yes what you want is important, but in order for others to buy, your product/services needs to speak to them directly.
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Why do you want to talk to them???
Tip 3: If your purpose is solely to make a profit, 9 times out of 10 you're probably going to be chasing venture after venture. A mission that is connected to your defined audience and speaks to your passion which keeps you focused. Focus yields results!
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Your Structure is your foundation!
Tip 4: Your legal structure will dictate your taxes, how much paperwork you will have to manage, whether you can have employees, your personal liability, and your level of privacy. Any missed step can jeopardize your business and financial goals. Take our advice and consult with an advisor on this one...
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Money makes money!
Tip 5: Estimate the cost of all key components of your business including staffing, legal, accounting, and tax. Knowing the full cost will help you avoid major money problems early on. Before tapping into lenders for financing, explore all other resources at your disposal. Just because you can get business credit, does not mean it is the right choice.
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Plan! Plan! Plan!
Tip 6: If you don't think you need a business plan, think again! You may have everything mapped out in your head but if you need to hire executives, fundraise, or expand, they are going to want to see the written plan. Again, be PROACTIVE!
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There's no time like the present!
Tip 7: If you are waiting for the perfect opportunity to launch your business then you are waiting too long. Nothing is perfect and things can change at the drop of a dime. Trust your instincts, even if you're only 75% certain. You've got this and you will tweak things along the way!
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Your Network is your Net Worth
Tip 8: Leveraging your resources is key to growing your business. You're not the only person doing what you do, so tap into your network of industry experts that have been there and done that. Learn from their mistakes. It can be as inexpensive as joining a Facebook group or the investment of hiring an expert you found on LinkedIn.
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Contract a Professional
Tip 9: You don't know what you don't know. Yes, you can research things and DIY. But what about the things you don't know to research? Consult with an Accountant and Legal Advisor to make sure the foundational aspects of your business is correct. You'd be amazed at how affordable these services really are AND how much money they can save you up-front and over time.
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