You should take care of those types of insurances that are designed specifically for the needs of small business. Pre-insure your business and get the necessary medical insurance to avoid hardship in the future. Small Business Insurance – an expensive process, but some insurance coverage may be quite approach to the needs of your business depending on its features. Write down the prices of all possible rankings of business insurance at this stage, you will need it to calculate the cost of building your business. Step 7: Check features of forms of trade and industrial organization, you should pay attention to the legal side of business building, as this knowledge will help in calculating the initial capital for your business. You'll learn with their responsibilities of the businessman – the taxpayer, be defined with a degree of civil liability for the actions of the business. Contact the Tax Office to get information about taxes on small business and its organization.

As a result, the legal form of trade and industrial organization to which you rely in setting up a business in many ways to help you determine the steps that you will need to take when you're ready to run own business. Step 8: Calculate your start-up capital Calculate your start-up capital, the amount of money that will be enough to run the business. At this stage, your calculations will only calculations may approximate, but this should not discourage you. Maintain a maximum effort. By now you've gone most of the steps, and calculate the pattern of seed capital, for sure, has become more clear.

In today's market environment, acute need to reduce training cycles and decision making. Where you can speed up or improve decision-making processes, the company gets competitive advantages. To maintain the level of corporate culture management is necessary to adjust the implementation of a cyclical process, the essence of which is to manage the business performance management: goal setting, analysis the success of the work and take the necessary measures to improve performance. To solve this problem are the system analysis and decision making based on key performance indicators organization (key performance indicators – KPI). To implement performance management systems business is necessary to develop assessment methodologies and implement specialized metrics by which the kpi defined. In the future, changes kpi values recorded using visualization tools such as dashboards, which speeds up the decision making process. The introduction of performance evaluations with the help of kpi will monitor the effectiveness of not only the whole enterprise, and each unit separately, which is an integral part of enterprise management. Dashboards – management dashboards, application which will allow enterprises and companies to assess its effectiveness. There are three types of dashboards – strategic, tactical and operational. To monitor the effectiveness of each employee using Enterprise Performance Manager – A tool for scorecards scorecards, which allows connection of action with strategy. epm contains a number of tools for setting goals and tracking performance through scorecards scorecards, collaboration among users, identifying recommended actions, the use of which employees can improve the efficiency of the organization.