what are the common problems of entrepreneurs?
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. more expenses than profit\n. debts\n. lack of capital\n. inadequate supply\n. competitors\n. market demands versus supply\n. taxes\n. wages\n. incompetent employees\n\n\nthese are the basic common problems of entrepreneur
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Yes, owning your own business.\n\nThe hard part is finding what you're good at and realizing taht you can make a living off of it. Hobbies can turn into incomes.
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The things you listed are all common concerns of small businesses all across North America and a few more would be compliance issues, hiring & termination matters and identity theft; not to mention the failure statistic of starting and maintaining a small business. \n\nThe business plan that has helped 23,000 business owners so far is a plan offered by GoSmallbiz in conjunction with Pre-Paid Legal Services, Inc. I am a small Business Specialist working with both of these companies. For more information about the plans available (including a short movie) visit my site at http://www.prepaidlegal.com/biz/greend94 .\n\nThe most common plan is $2.50/day, the price will vary depending on the location of your business and plan chosen.\nEmail or call if you have any questions.
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I know it can be hard to get your business started, but I know of a few ideas.  You can email me & I'll let you know a few tips.
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3 problems really. The first is bad office workers draining the companys life blood out for non-value added activities. The next is lazy workers not caring about doing their jobs while demanding more money for being lazy. \nBut, they are just trying to keep up with our politicians.... Politicians are our worst problem
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is there a particular type of business you're inquiring about ? each one has it own subsets of issues.
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You're already asking the right questions. The best place to start is the library and try reading some books, and it's imperative to write a business plan.\n\nAsking people if they needed schooling to start their business, especially if it's in the same field or industry. Some businesses do not need high education, ie. Network Marketing (or Multi-Level Marketing as some people call them) these businesses offer quite substantial training.\n\nIf you're quite the entrepreneur you don't need much education, you need good systems, passion, discipline and great people working with and around you.\n\nFind some books written by Robert T. Kiyosaki, Nepoleon Hill, also from Michael Gerber. You'll find your way, remember to make mistakes, ask questions, and surround yourself with encouraging great people.
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One of the major fears of starting a business is the risk involved. What would happen if you invest your money in a business, while potentially profitable, offers no certainty of success? What if the business fails?\n\nBusiness is risk. There's not one business that can provide a business owner with 100% success guarantee.\n\nIf you are hesitant or scared to start a business because of its perceived risk, I suggest you evaluate the level of risk of the business and determine whether you want to take on that risk. In the risk management field, this is called "risk appetite." The most successful entrepreneurs are those who are able to face the risks and overcome them.\n\nMake a list of the potential risks of the business. Understanding how the nature of your business affects risk is important in determining where to apply resources in order to help mitigate those risks. Recognizing areas of business risk will help you to optimize allocation of your resources.\n\nFor example, if you want to start a hair salon business, your risks may include (though not exhaustive):\n\n- insufficient capital\n- quality of location that you can get, which can affect your level of foot traffic and even the insurance you can get for the business\n- potential for fire given the flammable nature of most hair products\n- electrical safety due to the number of electrical appliances used in the business\n- top hair stylists may leave, bringing with them your clients \n\nThen indicate the level of probability that the risk will occur:\n\n- Is the likelihood that this risk will happen HIGH?\n- Is the likelihood that this risk will happen MEDIUM\n- Is the likelihood that this risk will happen LOW\n\nFinalize the list with the steps you can do to manage and minimize the risk.\n\nThis type of assessment can help you determine if the risks are well worth it -- and if you have the resources, skills and knowledge to actually overcome the risks.\n\nIf you are comfortable with the level of risk, especially when compared to the returns, then invest in the business. If not, then look for a safer business for you to invest or work with someone you think is better equipped to handle the risks of the business. Or maybe consider that entrepreneurship is not for you and you may be better suited for something else.
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What kind of question is that? Could you possibly be more vague? \n\nThe answer to your question would depend entirely on the scope, size, and nature of your "problems".\n\nTry asking again, but be more specific what your "problem" is.\n\nGood luck!
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The impetus to start a business?  Well, there can be a number of them, like: (1) to make money; (2) to help others; (3) to use your expertise in a unique way; (4) to allow God to use you in a special way.  Use your creativity -- I'm sure you can think of more.
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Running your own business, you will have to be able to focus on more than one thing.  Starting your business on a small scale part-time and keeping your day job is a good way to do this.  \n\nDepending on your stage in life, you may be able to have your parents or spouse support you while you take the dive and start a business on your own.\n\nEven if someone else will be supporting you, you should save up as much money as possible in the short run.  The biggest cause of business failure is not enough capital.
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A muse is an inspiration, not a problem-solver.\n\nWhat you want to do is describe yourself as a consultant or a facilitator.  That's fine for business problems.  But if you do this for personal problems, you leave yourself wide open for liability if your advice backfires.  Be very very careful.
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The nature of a successful small business is that it is driven by the passion of its owner.\n\nWe could give you a ton of good ideas, but you'd probably fail in your business venture because your lack of passion in the product will cause you to be put off by the natural stress involved in running a business.\n\nIn short, if you want to start a business, you first need to identify your passions, then produce a product or service that incorporates that idea.  Then you'll have the drive to see it through.
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There's a few issues you'll need to address -- starting a business, little to no capital and the nightclub industry. Let's tackle one at a time:\n\nRe: Starting a business\n\nI recommend checking out the SBA, Entrepreneur, The Start Up Journal & Nolo. All 4 are great informational resources for the new/small business owner. I posted links for you in the source box.\n\nResearch, research, research – this cannot be stressed enough. Read as much as you can about the industry. Here are some book titles that are relevant:\n\n* How to Really Start Your Own Business, Fourth Edition by David E. Gumpert\n* How to Really Create a Successful Business Plan: Step-by-Step Guide by David E. Gumpert\n* What No One Ever Tells You about Starting Your Own Business: Real-Life Start-Up Advice from 101 Successful Entrepreneurs (What No One Ever Tells You About Starting Your Own Business) by Jan Norman \n* Business Start-Up Kit by Steven D. Strauss \n* Start Your Own Business (Entrepreneur Magazine's Start Up) by Rieva Lesonsky\n\nI also posted links to some free articles in the source box.\n\nRe: Little to No Capital\n\nTo get started, I suggest contacting the Small Business Administration Financing Page (SBA) – links below. Entrepreneur also offers a great site dedicated to money & finance – see below.\n\nHere are some book titles that are relevant:\n\n* Free Money for Small Businesses and Entrepreneurs by Laurie Blum\n* Finding Money: The Small Business Guide to Financing (Small Business Series) by Kate Lister, Tom Harnish\n* Financing Your Business Dreams With Other People's Money: How and Where to Find Money for Start-Up and Growing Businesses by Harold R. Lacy\n* No Cash No Fear: Entrepreneurial Secrets to Starting Any Business with No Money by Terry Allen\n* Starting on a Shoestring: Building a Business Without a Bankroll by Arnold S. Goldstein\n\nThere are plenty of free informational resources out there. Check the source box for links to articles.\n\nRe: Nightclub Industry\n\nAssociations may be a good avenue to explore as well. These organizations will address many of the thoughts, questions and concerns you'll inevitably have as well as many you haven't anticipated yet. See the source box for some relevant links. \n\nHere are some book titles that are relevant:\n\n* How to Setup and Operate a Successful Nightclub: An Entrepreneur's Guide to Running a Profitable Club Operation by Robert Smith\n* Start Your Own Bar and Tavern (Entrepreneur Magazine's Start Ups) by Entrepreneur Press\n* Bar and Club Design by Bethan Ryder \n* Upstart Guide Owning & Managing Bar or Tavern by Roy S. Alonzo\n\nI also posted links to some free articles in the source box.\n \nHope that helps! I wish you much success & happiness in all your ventures!
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Entrepreneurs tend to be very intelligent and highly skilled. There are two types of entrepreneurs - the self employed person and the small owner.  \n\nThere are many ways to be self-employed: perhaps you are a self-employed professional such as a doctor, a  consultant, or a builder. Your professional pride is based on your excellence - therefore you tend to keep your skills updated and work hard to provide satisfaction to your patients or clients.  \n\nThe small business owner is also an entrepreneur. They are usually proud of their accomplishments, optimistic, and continually fighting against the reality that only a small number of  businesses succeed over time.
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Everybody has bills to pay. Successful people never let circumstances control them. That is why you see so many people living mediocre lives because they let circumstances control them. You gotta overcome to become.\n\nAny kind of business will involve risk. If you do not have a huge capital to begin with, my advice is get a regular day job. Start your business on the side. Work hard in your business until the business income surpasses your day job income. Then quit your job and concentrate on building a bigger and better business.
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One that comes to mind of the many that can go wrong is\nNot Knowing your Customer.\nThe more you are going to know about your Customer/Prospect\nand understanding their needs and desires, the better chance\nof success.\nTesting small groups also would be reccommend, this way you\nare not blowing your budget on mistakes.