It’s the classic American Dream – you start with nothing, work incredibly hard, and build up a business that just comes from your own ideas and convictions. Can you do it? Of course, you can, even if you don’t have a lot of money to start with. How can you do it? Let’s look at some of the essentials you need as you plot your way to global success.

I created my blog with just $100 investment. All you really need is your time and dedication to get off the ground. Consistent hard work and passion are needed to make it a successful venture. So all you need to start a business is will and time.

This is a post aimed towards small businesses but others should find valuable personal finance advice as well. Businesses thrive on efficient utilization of resources and the one resource that needs to be most efficiently monitored and allocated is business’s cash.

For startups, managing and saving cash can make the difference between survival and demise. There are a few clever ways which can help a business save and manage their cash without jeopardizing performance.

Lately, it seems I have taken up the responsibility of convincing people to start their small businesses. I have posted many small business-related stories. Here’s another one, which tells you the sources and ease of receiving your start-up fund in the US. So, if you have a bright new business idea, like creating a new Facebook, Linked in or Pinterest Pinterest, you have ample options to secure your startup fund in the US. 

Even if you want to open an Indian fast food chain in the US, there’s no dearth of options for you here. On that point, opening an Indian fast food chain is my dream…some day, some day.

If you’re interested in funding your start-up, US may be the right places for you to do so. Among the growing list of sources of funds for micro business and small business, start-ups are major United States cities. The amounts of funding overall are not as great as the potential needs, but to the ever-increasing numbers of entrepreneurs seeking funds, it is a welcome sign of progress.

Owning your own business is part of the American Dream. If you are successful, you can attain a measure of financial freedom and create a legacy to leave behind to your family and the world. Even if you’re not successful, you may take the lesson and start with another business.

But starting a business and turning it into a successful enterprise may be one of the hardest things you ever do. Even if you have a great product, it won’t matter if no one actually knows about it. You have to find a way to stand out from your competition so that you get noticed and attract customers. Here are a few ways you can do that:

Create an Inviting Customer Space

Though more and more businesses are operating online, customers still trust those that have a physical location more. Even if you only have a small office with a receptionist who answers customer questions, you will make a bigger impression on customers and build your authority.

There are many people who wonder if it is really necessary to have a business plan when it comes to seeking an investor that is outside of their own company. However, business plans are quite important to a business whether there are investors involved or not. The business plan alone is the highlight of why your business even exists in the first place. It is the makeup of the communication between you and the rest of the team within the business. If your business is worth making an investment then it will all reflect on how your business is currently succeeding.

The business plan that you have in mind should show the responsibility, organization skills and how much of an expert you are for running your business because this all-in-all will determine the overall success of your business. Below are 10 essential elements that you should incorporate into your personal business plan.