Small Business Finance Advice Blog

Monday, December 11, 2006

Sometimes, To Start a Small Business You May Just Want to Start

Ingrid Soderberg, owner and operator of Black Sheep Baby, possesses the requisite degree in small-business management. But when it comes to the notion of creating a business plan and a budget, Soderberg states she has simply been "too busy launching and running her own small business" to worry about such things as plans and marketing.

Though her no-frill clothing company was founded in March 2005, Soderberg states that she will only be seeking out investors after the holidays. But having said that, the owner notes that she has weathered many of the normal small-business challenges including piling up business expenses on her personal credit cards.

Her husband, a musician has helped design the clothes and the company logo. Using a website to promote her product, one that features the provocative logo of a black sheep with a nose ring, Soderberg indicates revenue will likely reach $10,000 to $15,000 from sales over the last half of 2006.

For more on the many pitfalls of beginning without a plan, as well as the benefits in just getting started, see:
http://www.startribune.com/535/story/864433.html

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