Here's a bit of advice if you would like to start up your new company or business in Seattle

This will sound very familiar to current students, or maybe even a person who has recently finished their studies and now is considering starting a new company. You may have all the theory from the books but you don't have the experience and practical understanding of the market you are trying to enter.So if you are a recent graduate and are living in Seattle then here is a little advice to help you with your baby-steps in the world of work and even to review your idea and decide if it is in fact worth investing in. This is obviously something you should know before you invest any money and start trading. As a result, staff at have helped me to come up some things to think about:Firstly, take the advice of someone totally impartial. Just because you are in the love with the business doesn't make it worth investing in. Don't just listen to a parent; you should ask a lot of people and perhaps even people with some experience or expertise in your industry. These are the type of people to talk to and listen to as they can assess the profile you have made of your company and tell you whether it has merit. Another option is trying to get a business loan from your bank manager, if the loan is approved then you will immediately know that someone else thinks your company is worth investing in.Then consider how many people will become your customers or how many products do you think you will sell. You really should have a good idea of how much money you will generate and how busy and demand your employees are likely to be. This will then enable you to......work out precisely how much profit your business is likely to make. Will you ideally make ninety grand or maybe it'll be closer to thirty? Using these figures you will then be able to work out at what point your company is likely to recover your outgoings, break even and make a significant company profit. You don't want to be spending money in the wrong place or when you haven't got it to spend but instead you need to have a specific budget and only spend money when it is necessary to do so.Next, what about your company overheads? If you will be taking Seattle office space, then how much will it be to lease? And how much floor space will your staff need? You should also think about how many workers you will have to employee to run your company and what amount of money will have to be set aside for wages. You may also want to consider whether you will need reception staff and cleaners. These types of costs add up. You may also want to weight up the cost and benefits of working from Seattle.You should then go over other kinds of overheads, such as commercial building insurance, utilities, computer maintenance and IT solutions. And remember that when estimating a projection that you should always over-estimate overheads and under-estimate any possible revenue streams, if you do this you should have an accurate idea of what you are likely to experience during your first year. If you make forecasts in this way you can make sure that any profits you expect to make have not been created because you have been too generous with your forecasts.First follow this advice and only then should you get the ball rolling with your new company and make an appointment for a viewing of possible Seattle office space.