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Business Thinking by Melvin Feller MA

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Melvin Feller Business Group provides these quick tips for new business owners. From testing your idea to formulating relationships, each of these are important to consider when laying the foundation for your business. Having been in business for over 40 years and having started over 30 businesses over the years. Melvin Feller MA offers free advice and consulting for minority and women-based businesses along with the educational classes taught on a rotating basis! Melvin Feller Business Thinkin g Before starting your business, considering a few basic concepts and questions can help clarify your expectations. Understanding your market and industry, knowing your skill set, formulating a business plan and understanding legal, financial and communications issues are all key to laying a foundation for success in the early years of your business. Test your business idea: Understand the industry: Do your homework Assess your management skills Formulate a...