s if it were in a metropolitan area. Also needed in the office, it will be important to have a phone system, intercom system, etc. After one has answered the three basic economic questions and formulated a solid business plan, there are several other steps to take in starting to have the new business make money. First, the company needs to be named. A business name should be short and memorable. John's Boats is much easier to remember than George Costanza's Slaughter house and Junkyard of Liverpool. An entrepreneur will also need an excellent lawyer. The lawyer will be helpful in applying to the state for a licensee to market a product and he or she can be very helpful in answering any legal questions regarding the business as they arise. After all the paperwork is taken care of, it is time to begin buying=20 and selling. The first step is buying stock in order to have an inventory. It is important to find a fair distributor with quality merchandise but low prices so that after the product is manufactures it can be sold at a higher price but one that is still fair for customers. Once an inventory is made, salespeople may begin to make sales with new clients. After a sale is made, office workers process the sale by recording it into a database or file, keeping track of money made and spent, and sending the order to people in production who assemble the order and ship it. With the package, an invoice must be sent to verify the sale. From there, an entrepreneur must make sure the customer pays the bill and he or she must make sure to satisfy that customer's needs to assure loyalty by the customer to its supplier for years to come. Starting a new business is very risky. There are many factors to be considered and every aspect must be thoroughly thought out. By answering the three basic economic questions, making a successful business plan, and taking care of all the basic office operations, anyone can be successful in the world of entrepren...
