inluminent

This week has been hell. I’ve been looking at starting my own business, with a couple of friends, but I feel like its all just going too fast. I make a pretty decent living, but at the same time, don’t really enjoy working at the company I work at. It’s sort of odd, having a good job at a badly run company. (I work at a company that I have no doubt would be all over fuckedcompany.com if we were slightly bigger, or more publicly held).

Anyways, I’ve been looking at a bunch of resources for starting your own business like the SBA’s website, BusinessTown and the ABCs of Small Business, but I just don’t have enough time to read everything that’s available. I have so many questions about the ways to organize your business, how to do things like simple accounting (should have paid more attention in college, shouldn’t I have) and other questions that are almost too numerous to name.

All of these questions swimming around in my head and at the same time I’m just not sure that I really want to quit my job right now, and start a business with no guarantees of income, some distrust of my potential partners and my own abilites and our dedication. At the same time, it looks like a great time to start the business that we’re looking at, because the main players in that realm are probably all worn out from the past 2 years or so of crappy economics, and having run their own businesses full time for the past couple of years. I know we can be successful, but am not sure right now is the right time.

There just doesn’t seem to be enough time in the day to learn everything I want to learn, and still keep up the appearances and efforts that my full time job requires…

I guess I’ll just keep grinding away, and keep looking for more information. If you have any good resources for ‘why should should be an LLC vs. an S-Corp or C-Corp?’ or ‘how to form a partnership where everyone doesn’t have the same amount of capital to invest?’ or ‘how to do simple accounting when there aren’t any employees but the owners, and they’ll all get paid sporadically for 6-12 months?’ I’d appreciate your leaving a URL in the comments.

Thanks…

updated 9/21/2003: If you’ve come to this website by reading the International Journal of Entrepreneurship and Innovation, you should read this entry I posted for some pointers in your quest for information on business blogs.