Starting Your Own Business with the Proceeds from Your Structured ...

Do you have an idea for a new product or service? Would you be interested in starting your own business?

If you have a Structured Settlement or Investment Annuity (single premium/assignable), then you may have all the resources to start on this exciting venture!

The Settlement or Annuity can be sold to a company, who arranges to provide you with a lump sum of money. You may be able to sell just a portion of your annuity to obtain the money you will need. Depending on the type of business you want to have, the financial needs to consider include costs to develop the product or service, a business license, and a place to conduct business.

Once you have the product or service ready for the world, how are you going to get the word out to tell about your business? Firstly, you will think of a name, and one that you can use in your marketing. The name you choose should be identifiable to your product or service. Perhaps you will want a web site. By researching the domain names available (through an online domain company), you will have the options of marketing your business name having its own Internet domain identity. In addition to the costs of a domain name and having an Internet site created, you will have hosting costs and potentially the costs of boosting your Search Engine Optimization (SEO). Increasing your SEO will allow your customers to find you more easily by hopefully seeing you at the top of the list when they enter search terms in their computer?s browser.

There are so many aspects to consider before deciding to have your own business. It can be very exciting and profitable or it can be work overload and non-profitable. So, doing your homework is extremely important to working toward a successful new business. Think it through. If you are passionate about the idea of having your own business, then this is a good start. Create a business plan. Know your competition. Is there a need in the market place for your idea? Do you have the desire and work ethic to take your idea from ?seed? stage through the finished ?ready to market? stage? If your answer is ?yes?, you may be the next successful entrepreneur!

As the Nike Slogan says? Just Do It!

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