Grow Marketing Company provides entrepreneurs

Lehi, UT, Jan. 28, 2022 (GLOBE NEWSWIRE) — You may have heard in the news about the Great Quit: In 2021, millions of people, mostly in the United States, quit their jobs in a rate not seen before in the workforce. Some, of course, found jobs elsewhere, but others decided to pursue entrepreneurship. They face strong difficulties, because in 2019, the failure rate of startups was 90%. As small businesses generate around 50% of our GDP, it’s hard to deny that the country can benefit when entrepreneurs reach 10%. So what’s behind the challenges faced by entrepreneurs in the early days and months of setting up their business? Lack of business knowledge was cited as a problem, a problem that Growing Marketing Companyfounded by Will Vigil, strives to solve with its free online resources.

The problems faced by some entrepreneurs when starting their business

The Harvard Business Review States that “many startups fail because they don’t have a viable business model or idea”. If a business plan can help an entrepreneur clarify their vision, create a workable marketing plan, know where they will seek funding, determine the likelihood of there being a need for their product, and structure the months to come, it seems likely, then, the assessment of the HBR is true.

another city raison is that new business owners do not always understand the regulatory requirements surrounding their business. This may include tax laws, licenses and permits, antitrust laws, and employment and labor laws. For the entrepreneur who is unfamiliar with the laws they must follow, it seems likely that the launch of their business could also be hampered.

How Grow Marketing Company works to help entrepreneurs understand the intricacies of running a business

“At Grow Marketing Company, we believe that if a person has the desire to run their own business, they should have free access to resources that can help them,” the company states. “To this end, we have a vast database of information that everyone can learn from, at no cost. »

On its website, the company lays out the six steps to starting a business, from getting the initial idea down on paper to what to do when you potentially start generating revenue. “It’s a good outline of the process you’ll probably go through,” says Grow Marketing Company. “Of course, there’s more to running a business, which is why we’ve provided additional free resources for all entrepreneurs.”

The company’s information library includes:

  1. Business plans: New owners can watch a YouTube tutorial as well as read an explanation of each part of a business plan, including the executive summary, marketing and sales plan, milestones and metrics, and financial plan.
  2. Business Structures: The website explains the differences between a Sole Proprietor, LLC, LLP, S-Corp, and C-Corps. It also details each state’s filing fees to form a corporation.
  3. Business credit: Entrepreneurs can understand the different lines of credit available to them and read the answers to frequently asked questions.
  4. Free Business Startup Guide: Business owners who prefer to have their questions answered in one place can find what they are looking for here.

About Grow Marketing Company

Will Vigil founded Grow Marketing Company to serve the next generation of entrepreneurs who are ready to bring their ideas to market but don’t know where to start. “Running a business is hard enough, but when you’re new and lacking in information, it gets even harder,” he says.

Will wanted to create a one-stop-shop where anyone could go when they had questions about running their business. “Entrepreneurs very often invest every penny they have in their dream businesses, and I didn’t think it was fair that they had to pay for tips that could potentially help them out,” Will says. “That’s why I created these free resources. Knowledge, as they say, is power, and I want entrepreneurs to have it.”

How more resources can help entrepreneurs nationwide

As any business owner knows, the path a business takes over the coming years will likely be affected by many factors, including pandemics that few can foresee. However, by providing entrepreneurs with free information that has the potential to help them in the early days of their business, Grow Marketing Company can help them start on a stronger footing.

For more information about Grow Marketing Company and the resources it offers to all entrepreneurs, please visit its website

https://www.growmarketingcompany.co


        

About William G.

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