4 Important Things You’ll Need to Start a Business

Julie Starr • October 30, 2020



Starting a business is a big decision that requires careful planning to get it off the ground. Many people find it extremely challenging and fail to follow through with their plans. Have you thought of starting a business of your own? Maybe you already did – or maybe you tried and failed and feel the same as  84% of small business owners  who admit that they are willing to do it all over again. Whatever the case may be, here are four things you’ll need to get your business started on the right foot.

  • A business plan

Writing a business plan is the first step to starting a business. Creating a business plan makes it easy for you to identify solutions and provide solutions before experiencing them. You need to figure out the type of business you want to start. Would it be a partnership or sole proprietorship? Maybe it is a 3D printing service you want to create. Then you can learn more  from experts such as RapidPSI. By projecting your results when you commence, you can stay on track and focus on your objectives.

It’s important when you’re creating your business plan that you know how to be flexible. Be an opportunist. Learning to take opportunities that are good for you is important if you want your business to be successful. Franchise opportunities can be a good way for you to get ahead with your business, and they provide a bit of extra security. Some of these opportunities even offer training, so you have a lot to gain!

  • An understanding of your inherent strengths and skills

One of the most important tasks to outsource if you can’t do it alone is your finances. As said above, obtaining help from an accountant will ensure that your business’ finances are always up to date no matter what. It doesn’t matter what type of business you own – finances are important! Whether you’re in the food industry, the fashion industry, or even a nonprofit organization – there is no exception to having your books in order. If you’re a nonprofit, this is even more applicable to you, because having your finances in order will determine the length you can go to make a difference. That said, there are nonprofit bookkeeping services that can assist you with all your bookkeeping needs while you focus on making a lasting difference in the world.

  • Passion for your new business

Being a business owner can be tiring, frustrating, and stressful.  In addition to that, you may be spending all your hours working but unable to accomplish enough. The drive you need at this point is passion. That is what keeps you motivated to achieve results even when you face failures and disappointments.

  • Start small and focus on growth

Perhaps, you do not wish to commit all your financial resources to this new business , so you decide to begin small. Fortunately for you, this is a safe strategy for start-ups. Starting small allows you to monitor progress until you are certain it’s time to go full-time and big. When you start small, you can usually choose to break it up while funding the early stages. For example, if your business is the retailing of skincare products, you can choose to go with one product on social media- slowly introducing your products and attracting clients. Over a period, you may have gained a more considerable following, making it easier to introduce more products.

You may also get all the financial resources you need to kickstart your business by pitching your idea to potential investors. For any startup, the ability to present a solid pitch to investors is crucial to bringing in the financial resources your business needs. Although several factors may determine the success or otherwise of your presentation, having a solid and well-packaged pitch, overall, can capture the attention of investors. Use a startup pitch deck to ensure that you give your startup business a better chance of attracting the right investors.

  • An understanding of your inherent strengths and skills

What are your limitations, strengths, and weaknesses? Knowing how to use each one and translate it into business success is a mark of a good entrepreneur. For example, you should know when to engage external help services such as a lawyer, accountant, or marketing expert. Understanding that you cannot do it all on your own is a character trait you will need when your business becomes a popular one.

It is a good thing to start a business, but you would not succeed without the right tools or skills. Take precautionary steps to ensure that you carry out your operations efficiently and productively. Do not be frightened by big companies within your industry. They all had to go through a grueling process of initialization, understanding the customer, moving past failures, and an unflinching determination to do better over the years. Start with your plan now to start that fantastic business idea.

The Business Case for Sustainability: Communicating Your Strategy in an Evolving Landscape

By Julie Starr • February 17, 2025
A shifting political landscape can create uncertainty for businesses committed to sustainability, but one thing remains clear: the need for transparency and strategic communication has never been greater. As the federal government moves to roll back environmental and social policies, companies must proactively define their sustainability strategies, ensuring stakeholders—employees, customers, investors, and partners—understand their commitments and the business value they create. The Power of Clear Communication Sustainability is not a trend; it’s an imperative driven by economic, environmental, and social realities. Despite policy shifts, the forces of market demand, global regulation, and risk mitigation continue to push companies forward. To maintain momentum, organizations should : Clarify Their Sustainability Position: Companies must articulate their approach in ways that resonate with stakeholders. Whether reducing emissions, improving supply chain resilience, or advancing diversity, equity, and inclusion (DEI) efforts, leaders should communicate clearly how these strategies align with long-term business success. Leverage Data-Driven Insights: In an era of skepticism, relying on factual, measurable sustainability outcomes strengthens credibility. Stakeholders need more than broad commitments—they need clear, quantifiable impacts. Maintain Focus on Global Markets: While federal policies may change, international regulations and customer expectations continue to favor sustainable business models. Companies operating across borders must ensure their sustainability strategies align with evolving global standards. Staying the Course in a Changing Environment While some companies may feel pressure to scale back sustainability efforts in response to shifting political winds, leading organizations recognize that progress is a long-term game. Now is not the time to retreat but to double down on: Resilient Supply Chains: With new tariffs and policy changes affecting imports, companies should evaluate how sustainability-driven supply chain diversification can reduce risk and enhance efficiency. Operational Decarbonization: The financial and strategic benefits of decarbonization—from renewable energy investments to energy-efficient operations—remain strong, independent of policy shifts. Workforce and Customer Engagement: Employees and consumers increasingly expect businesses to uphold their values. Companies that maintain commitments to social responsibility and environmental impact will strengthen brand loyalty and attract top talent. Sustainability leadership is about more than responding to regulatory shifts—it’s about defining the future. Companies that stay the course, communicate effectively, and align their sustainability strategies with business objectives will be the ones that thrive in the years ahead.

Connecting the Dots: Air Quality, Climate Messaging, and Stakeholder Engagement

By Julie Starr • February 7, 2025
I n a world increasingly affected by environmental change, it’s critical to recognize the everyday impacts of air pollution beyond the commonly cited respiratory and cardiovascular risks. A recent study, published in Nature Communications , reveals that even short-term exposure to air pollution can impair cognitive function, affecting focus, emotional recognition, and task performance. This groundbreaking research underscores the urgent need for effective climate communication and stakeholder engagement to address air quality issues. At Taiga Company, we specialize in climate-focused stakeholder engagement, helping organizations bridge the gap between scientific findings and actionable change. Our services provide a crucial platform for educating stakeholders—including businesses, policymakers, and communities—on the dangers of air pollution and the strategic steps needed to mitigate its effects.  The Link Between Air Quality and Cognitive Function The study found that exposure to high concentrations of particulate matter, even for just an hour, reduced participants' ability to maintain focus, process emotions accurately, and avoid distractions. Such cognitive impairments can have profound implications in workplace productivity, education, and public safety. For instance, employees working in environments with poor air quality may experience diminished concentration, leading to decreased efficiency and increased errors. Similarly, students exposed to air pollution may struggle with academic performance due to impaired attention and emotional regulation. These insights reinforce the idea that air pollution is not just an environmental concern but a societal and economic one, requiring a holistic approach to policy, corporate responsibility, and community engagement. The Role of Climate Messaging in Air Quality Awareness Despite overwhelming scientific evidence, public awareness of air pollution’s cognitive and behavioral impacts remains limited. This is where strategic climate messaging becomes essential. Effective communication can: Translate complex scientific research into accessible, actionable insights for diverse audiences. Drive policy advocacy by equipping decision-makers with data-backed arguments for stricter air quality regulations. Encourage behavioral change among businesses and individuals by highlighting solutions, such as cleaner transportation, sustainable energy sources, and indoor air quality improvements. However, simply disseminating information is not enough. Stakeholder engagement ensures that communities, businesses, and policymakers are not just informed but also motivated and equipped to take action. Moving Forward: A Collective Responsibility The study’s findings make one thing clear: air pollution is not just an environmental issue—it’s a cognitive and social issue with wide-reaching consequences. As we navigate an increasingly complex climate landscape, it’s crucial to integrate air quality concerns into broader discussions on sustainability, health, and productivity. At Taiga Company, we believe that effective stakeholder engagement is the key to transforming awareness into action. By educating businesses, policymakers, and communities, we can drive the changes necessary to create a healthier, more sustainable future for all. To learn more about how Taiga Company can help your organization develop impactful climate communication and stakeholder engagement strategies, contact us today.
Share by: