Wednesday, December 17, 2008

Some Great Sites to Help Every Entrepreneur

My grandmother used to say an ounce of prevention is worth a pound of cure. I prefer the adage- fail to plan, plan to fail. Every business needs to plan, plan and then plan some more. One way to plan ahead is to do your research. The web is an awesome place for doing research on any business you are considering. The challenge however is separating opinion from fact. I read a blog post where someone said that 4 out of 5 businesses fail in the first 5 years. According to a 2006 report from the SBA, the correct data is that 56% of businesses fail in the first 4 years. One of the best places to get factual unbiased information is from US government websites.

Some great sites that I have used for data, information, research and planning are as follows:

http://www.sba.gov/ Small Business Administration

http://www.commerce.gov/ US Commerce Department

http://stats.bls.gov/ US Bureau of Labor Statistics

There is a wealth of information for every Entrepreneur at each of these sites that will help in the planning and organization of your business. In my upcoming posts, I will discuss some specific resources on each of these sites that I like and have found useful. In the meantime, take a look at each and save them to your favorites. Good planning never goes out of style.

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