Download A Career-Changer’s Checklist: Twelve Common-Sense Questions by Warren E. Wyrostek PDF

By Warren E. Wyrostek

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Now let’s look at the Top 10 questions that you have to face if you are opting to go it alone and start your own business. Top 10 Cost-Related Questions Associated with Starting Your Own Business The top 10 questions you just looked at apply if you are looking to work for an employer or if you want to start your own business. There are also 10 money-related questions that are unique to going it alone. These questions include the following: 1. What are the startup costs and monthly costs? These include the bank and credit card compa- nies’ charges if you want to accept credit card purchases.

These include the bank and credit card compa- nies’ charges if you want to accept credit card purchases. Consider startup and monthly charges for the bank and for each credit card you accept. 2. What are the building and office costs? Will there be construction costs? 3. What are the licensing and permit costs? 4. What will it cost to get financial advice or to contract with an accountant? 5. What will the taxes be, and how will you pay them—yearly or quarterly? What will the sales tax be, if you are selling products?

62 A Career-Changer’s Checklist by Warren E. Wyrostek © 2010 Pearson Education Inc. CHAPTER 6 What Do You Know How to Do? ) Before you fill out another application or revise your resumé for the hundredth time, sit down and write down what you have done. Don’t just think about what “official” jobs you have had, but look at what you have done throughout your life. Think about what you have done in college, church, athletics, social networking, family life, the military, and in your hobbies. What have you done?

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