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Preferred Blog

Gain the Technological Advantage when Starting a New Business

Starting a new business is a huge undertaking that's highly demanding. Wishy washy people need not apply. An individual starting a new company will need to take into consideration every possible scenario and make plans for it as best they can. Taking advantage of the right technology from the very beginning will make starting a new business much easier.

Before you begin to consider what technology to equip your new business with, you will want to look into your crystal ball and come up with a list of all the upcoming challenges your new company will face. Here's a short list to get you started.

  • How are you going to organize your company's finances? How will you pay your bills, organize payroll, handle invoices, etc.
  • What is your marketing strategy? How are you going to tell potential customers that you're the better choice over your competition?
  • How are you going to compensate for a rough start and an inconsistent performance that often accompanies new businesses?
  • How do you plan on onboarding new staff so they can quickly get acclimated and be productive.
  • Do you have a hiring plan so that you will fill the right positions at the right times?

Equipping your new business with the right technology will go a long way in making sure that you're best prepared for scenarios like these, along with any other unforeseen challenges that you're sure to experience. For startups and every business, Preferred offers turnkey business management solutions, which is a single technology package that covers all of your company's IT needs.

You can schedule a technology consultation with us to go over your list of foreseen needs, and we will also go over with you other needs that are typical to startups. We will then come up with a single package that will cover all of your technology needs so that you will be prepared for any challenges and obstacles that your new business venture is sure to face.

If you're taking the first steps in planning out your new business, then let us help you by sharing a this list of 10 steps from The United States' Small Business Administration that every new business should make sure they're doing.

  1. Writing a Business Plan
  2. Get Business Assistance and Training
  3. Choose a Business Location
  4. Finance Your Business
  5. Determine the Legal Structure of Your Business
  6. Register a Business Name
  7. Get a Text Identification Number
  8. Register for State and Local Taxes
  9. Obtain Business Licenses and Permits
  10. Understand Your Responsibility

If you think that you've got the gusto that it takes to start a new business then more power to ya! Know that you don't have to face this monumental task alone. Preferred can be there for you as your trusted IT advisor. We can equip you with the best technology solutions for every step of your entrepreneurial journey, and we can deliver these solutions to you in one easy-to-implement turnkey package.

At one time, we had the gumption to strike out on our own and start Preferred. As a local Chicagoland business, we're in this together and we want to cheer you on and do what we can to see your new business succeed! Before you take your first step in the world of business, give Preferred a call at 708-781-7110 in order to gain the ultimate startup advantage.

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Tuesday, November 24 2020

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