Many people dream their whole lives about starting a business, but never take the plunge. If you are sitting on your dreams, here are five reasons to make today the day you to start your own business.

1. Good ideas don’t wait! When you have a creative idea for a new product or service that you know will fill a market need, you need to act fast to make sure that you can be the first to market. Being first to market is a huge competitive advantage. Many people put off implementing great ideas only to see someone reap the benefits of having jumped on the opportunity and get there first. How many times have you seen a commercial for a product or driven by a store and said to yourself: “I had that idea”. Don’t let that happen again. If you act now and start your own business today, you can make sure you are the one who profits from your creative ideas.
2. You are a trusted investment! As larger institutions flail around you, now is the time to invest in the one thing you can trust to perform– yourself. Many people have been playing it safe in this challenging economy, investing in established corporations and tried and true mutual funds, but recent events have shown that those investments are not always reliable. It’s always a good idea to study something carefully before investing in it so you can trust that it will perform well. Why not invest in the asset you know best? –Your own skills and creativity!
    
3. Control your own destiny! In today’s shaky economy, more and more large companies are making staff reductions and laying off long-time employees. The Bureau of Labor Force Statistics stated that the jobless rate in August 2008 was 6.1% - the highest it’s been since 2003. Why sit there just waiting for the ax to fall? Don’t let someone else determine your future. If you take action now to create a second source of income by starting a business, you can be sure that if your job does go away, you have a safe place to land. As your business thrives, you can say goodbye to depending on someone else for your financial security and know that you control your own destiny.
    
4. Fill the Gaps. As large companies reduce staff and marketing activities to survive the tough economic climate, they just don’t have the same reach into their potential customer base as they used to. While they retrench and leave valuable market segments exposed, nimble new players, like you, can swoop in and fill in the gaps in their market or provide better alternatives. For example, companies are visiting remote customers less frequently due to the cost of air travel. Now is the best time to start a local alternative to a national provider because you can provide superior and personal customer service. Large companies have never been more vulnerable, and they won’t be able to muster a competitive response given the cost and resource constraints they are currently facing. You can fill the gaps by creating a new business focused on a segment that is underserved by large corporations.
    
5. Get more of what you are worth! When a company hires you, they expect that they will derive more value from your efforts than what they are paying you in salary. The current benchmark is that an employer expects a threefold return on an employee’s salary. If you are paid $50,000/year, your employer expects to derive at least $150,000 in value from your efforts. Why are you giving this value away? Don’t settle for less than what you are worth. If you start your own business today, all $150,000 of that value will come to you.

It’s easy to say that you will start your own business someday – but as you can see, there is no reason to wait and at least 5 good reasons to form a new company. Incorporate today!

Why not take the first step and save money? Incorporate in Delaware today?. Delaware is the formation state of choice for 60% of the Fortune 500. In fact, if you incorporate in Delaware today, you can be operating your own corporation or LLC by tomorrow and well on the way to fulfilling your entrepreneurial dreams.