Business Entrepreneurship
By: Ryan Reische
10 steps towards creating a business:
2.Get training on how to run a business/ get assistance from a bank or an associate.
3.Choose a good location to run your business from.
4.Gain support through loans and funding for your business.
5.determine which type of business is best for you. (sole proprietorship , partnership, etc).
6. Register a business name.
7.Learn what tax identification number you'll need to obtain from the IRS.
8. Register with state and local taxes.
9.Get a list of federal, state, and local licences.
10. Learn the legal steps you need to take to hire employees.
My entrepreneur of choice: Bill Gates
What motivated him to start his business?: Bill when he was a teenager had been hired by some software companies to write code and find bugs in software, spurring him to continue his work with computers.
How does Microsoft help others and Why I picked this entrepreneur:
I picked this entrepreneur because they basically pave their way toward a large scale business through the use of what they learned over time.
Why I don't want to start my own business:
You also have to hire people that you are sure are competent workers and maintain good co-worker relationships.