SmallBizResource.com

The Corporate world is not the only solution to your employment problem. Forget interviews and organization politics, become your own boss. Smallbizresource.com can help you set up your own corporation. Hey, Apple started in a garage in California, all because Steve Jobs opposed the suits and corporate life. Now you can too.

SmallbizResource.com is divided into a few categories. The most handy seem to be the Business Center which contains sections on Business Resources, Business Basics, Business News, and updated articles from Business writers. Also Smallbiz has a Blog section which contains numerous personal and business blogs.

Smallbiz then divides its pages into industry fields like Human Resources and Marketing. In each of these subgroups you can find articles written by professionals within the field. I just read an atricle from a Smallbiz Advisor Warren G. Purdy.

"The Cocktail Napkin Test" is what Purdy uses when "I first evaluate a potential business venture or an idea for a new product/service, the tools I need for my initial phase of analysis are simply a #2 pencil and a cocktail napkin. With these simple tools I try to determine the level of sales needed to generate enough income to cover my costs."(Purdy)

This simple test is also known as the Break Even Point Analysis, which something you may have picked up on in between naps in Accounting class. This is a good example of the simple business practices that most of the articles on Smallbiz focus on. In small business the smallest calculations sometimes have the biggest effect. This is why SmallBizResource.com is so great for first time business owners or managers.

You may have learned everything there is to know about business from your text books, but do you know anything about how a business really survives month to month. This is the experience you can gain from opening and running a small venture. Think about it Art Majors, everyone needs T-shirts. People need their lawn mowed and pool cleaned. These may seem like meanial potential endeavors but the experience is priceless.


Justin Dennis

References:

SmallbizResource.com

Purdy, Warren G. "The Cocktail Napkin Test"
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