Money Watch Q & A: Working for Yourself - KTVN Channel 2 - Reno Tahoe Sparks News, Weather, Video

Money Watch Q & A: Working for Yourself

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As we have seen with the rise of local "Cash Mobs" and the "Buy Local Marketplace" events, many northern Nevadans are going to work for themselves. The recession forced some people to venture out on their own and others are simply trying to supplement their income. If you are considering starting a business, what is the best way to get it off the ground? Find out in our Money Watch Q & A segment with Randy Pease, the CEO of Probis Limited.  

Randy Pease says, first and foremost, you have to do your homework. Instead of reinventing the wheel, study the business models of companies that mirror your vision. A comprehensive business plan will help you earn funding, if you are looking for investors. Pease says funding is generally the largest hurdle to clear to get your business up and running. He suggests contacting organizations like EDAWN first. There are private investors as well, such as the Reno Angels organization.

As for area Cash Mobs and how to support local businesses, search for Cash Mob Reno on Facebook.!/CashMobReno?fref=ts

Written by Kristen Remington
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