Expert advice on starting a small business in the new year – Spectrum News

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ROCHESTER, N.Y. — The new year often brings a wave of fresh starts, and for many, this includes turning a passion into a profitable business. While the idea of starting a business can seem daunting, experts say that with the right tools and guidance, it’s more accessible than ever.
According to LegalZoom, approximately 30% of small businesses are launched in the first quarter of the year, making now an ideal time to transform that entrepreneurial dream into a reality.
"We’ve seen small business growth at 55% in the last five years. A recent customer study indicated that 70% of small business owners are working from home. This unprecedented level of flexibility is a game-changer. You’re no longer confined to a traditional office or storefront; you can operate entirely from the comfort of your home," said Erin Mrozek, senior director of product marketing research & insights at LegalZoom.
This shift towards remote work has significantly reduced the initial costs associated with starting a business, making it more attainable for aspiring entrepreneurs.
Here’s a simplified guide to get you started:
According to experts women owned businesses increased by 40% in 2024. Staying organized with your finances and staying passionate about your venture is key to long-term success. For more information, visit the Small Business Administration’s website at sba.gov.

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