The way I will expand my business is by posting advertisements all through social media like twitter, instagram, and facebook. I will also show up to soccer events like tournaments and put up a tent and hand out …show more content…
Now that I had a place to start the project I handed it to a professional designer for around $3,000. I would need to get about 5 employees and I can do that by finding a certain website where I can post an ad. If my business expands in the future I will need to find more members. I want my business to be the most professional way possible so I will hire a professional writer to develop a website that looks nice and professional for $850.
One major step to having a successful business is to have the right documents. There’s many different documents but the most important for a small business on the rise is the W-2 document which reports wages, tips, and other compensation and includes the employee’s withheld income tax, as well as Social Security and Medicare taxes. The other one is the Non-disclosure agreement keeps your business privacies for example keeping your employees from giving away the business secrets to the public.
Insurance also plays a big part in your business. I need insurance not just for the business but for my employees and myself as well. Professional liability insurance covers claims due to harm that resulted in mistakes that that the business was in charged for. Property insurance covers equipment in case of a disaster like a fire, theft, or earthquake. Workers compensation insurance covers medical treatment, injuries, or fatality to an