Resources and advice for young entrepreneurs

Sunday, October 14, 2012

Fall always seems to be a time of revitalization. It brings a sense of a new beginning with the turning of leaves and kids going back to school. For many, such as recent college graduates, this may be the first time they aren't stepping onto a school campus but rather stepping into a new adventure. Over the past few years, the U.S. Small Business Administration has found that more and more Americans younger than 35 are joining the ranks of the self-employed and that now may be a great time for them to get their small business idea off the ground.

Numerous resources are available to help, as well as an array of new technologies to help small businesses get organized and ultimately be more successful. Obviously entrepreneurs have a lot to think about, but here are a few helpful tips to keep top of mind.

The SBA is perhaps the best known resource for small businesses. The organization provides a wealth of information, from tips for starting a business to news on available loans and grants, and even online training courses for small-business owners.

The IRS is another good resource to check out because it offers tax-related information for small-business owners. For example, did you know that you can write off your technology investments? In addition, the U.S. Department of Labor provides information, and most states maintain their own independent agencies tasked with aiding and promoting small business within the state.

Having new technology is a key differentiator between companies that succeed and those that don't. Something as basic as the operating system you use on your office PC can influence efficiency and your bottom line. For example, Windows 7 Professional, along with Windows 8 Pro coming in late October, makes locating and organizing documents and files on a PC fast and simple.

Self-employment offers many advantages, including the independence of being your own boss. With the right technology and support, recent college graduates can launch their own businesses and begin their entrepreneurial adventures.