How do I start my own business?
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♣ How many small businesses are started each years?\n\nAbout 600,000 new businesses are started each year.\n\nhttp://seattletimes.nwsource.com/news/business/small/  \n\n\n♣ How many fail within two years?\n\nover 50% of small businesses fail in the first year\nhttp://usgovinfo.about.com/od/smallbusiness/a/whybusfail.htm \n\n♣ Why do you think they fail?\n\nreasons for small business failure: \n1. Lack of experience \n2. Insufficient capital (money) \n3. Poor location \n  4. Poor inventory management \n  5. Over-investment in fixed assets \n  6. Poor credit arrangements \n7. Personal use of business funds \n  8. Unexpected growth \n  Gustav Berle adds two more reasons in The Do It Yourself Business Book: \n  9. Competition \n10. Low sales\nhttp://usgovinfo.about.com/od/smallbusiness/a/whybusfail.htm \n\n♣ What is a business opportunity?\n\nA business opportunity is a packaged business investment that allows you to start the business. Unlike a franchise, the business opportunity exercises no control over you or your company. There is no continuing relationship. This is good if you want an in-road to starting your business and refuse to give up your freedom.\n \nBusiness Opportunities Described\nBusiness OpportunityDescription\nCooperativesAn existing business that allows another similar business to affiliate with it and others, usually in a network of similar businesses. \nDealersIndividuals who purchase the right to sell products put out by other companies, such as vitamins or holistic medicines. The individual often advertises themselves as an authorized dealer. A distributor sells to dealers and a dealer sells directly to customers. The terms are often used interchangeably.\nLicenseesIndividuals who purchase the right to use the sellers trade name and certain methods, equipment, or product lines.\nMulti-level marketing This is very popular with individuals looking for a part-time, flexible business. The best-known are Avon, Tupperware, and Mary Kay Cosmetics. Typically the individual purchases a sample kit and receives the opportunity to sell directly to family, friends, and personal contacts. Not all states regulate multi-level marketing. At the time of this writing, 25 states had laws in place. The state laws differ in content and definition of terms. \nVending machinesAn individual who contracts with a vending machine company. The company provides the machines and the locations; the individual restocks them and collects the money. \n\nhttp://www.nnba.net/job_options_within_nursing.htm \n☺List some examples.\n\n♣ Where can find information on different business opportunities?\nhttp://www.nnba.net/job_options_within_nursing.htm \n\n♣ What is a franchise?\n\nFranchising is a form of business in which the owner, or franchiser, gives license to distribute products, services or methods of business to affiliated dealers, franchisees. In many cases franchisees are given exclusive access to a particular geographical area. The franchiser usually mandates uniform symbols, trademarks and standardized services.\n\nhttp://well-net.com/work/selfem11.html \n\n\n\n\n♣ Would it be easier to start a business with you own idea or with an idea already established?\n\nI think that I would be easier to start a business with an idea that has already been established. \n\nAdvantage – The idea is already made for you \nAdvantage – For can asked the other people with the business with the same idea some questions.\n\nDisadvantage – Some people what to have an idea that know one has\nDisadvantage – Some people will mistake you for the other person that has the same business with the same idea\n\n☺ List some advantages and disadvantages to both.\n\n♣ How do you get funding for your business idea?\n \nYou can get funding for your business idea at the bank \n\n♣ What legal issues do you need it consider when starting a business?\n\nThere are a multitude of legal issues to think about when it comes to starting your business.
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You can find a step-by-step guide on starting your own internet business at\n\nhttp://www.getyourebook.com\n\nYou can also start on eBay. Try these\n\nhttp://www.getyourebook.com/ebaymillionaire\nhttp://www.getyourebook.com/silentmachine\nhttp://www.getyourebook.com/wwbstartright\nhttp://www.getyourebook.com/imc-course
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read the "21 Steps to Starting Your Home Business" http://www.powerhomebiz.com/vol4/21steps.htm for tips on how to start your business.
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The best routes to take are to research the process of starting a business as well as the industry you're interested in.\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\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\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 Start and Operate an Errand Service (Revised 2nd Edition) by Rob Spina\n* Start Your Own Personal Concierge Service (Entrepreneur Magazine's Start Ups) by Entrepreneur Press\n* The Concierge Manual, Second Edition by Katharine C. Giovanni\n\nThere are plenty of free informational resources out there. Check the source box for links to articles.\n\nHope that helps! I wish you much success & happiness in all your ventures!
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If you know what business you want to start, try to determine if successful people in that business have schooling.  Try to talk to one of them, tell them you need a mentor.\n\nIf you want a business you can start right away, write me (jstmother) at yahoo.
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Think of all your interests & ask yourself if any of those could be expanded into a business. Just keep in mind...what's your expertise? What are your interests? What could you imagine yourself doing?\n\nHave you thought about tutoring or teaching a night class at an adult school? \n\nBy researching the prospect of starting your own business -- what it entails, what you need to know, helpful hints, etc -- you'll feel better prepared to take that plunge.\n\nI found some book titles that are relevant to your specific question about finances:\n\nFinancing Your Business Dreams With Other People's Money: How and Where to Find Money for Start-Up and Growing Businesses by Harold R. Lacy\nThe Small Business Start-Up Kit by Peri Pakroo, Peg Healy (Editor)\nFinding Money : The Small Business Guide to Financing by Kate Lister\nFree Money for Small Businesses and Entrepreneurs by Laurie Blum\n\nI also posted some article links in the source box.\n\nHope that helps! I wish you much success & happiness in all your ventures!
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Why wo you want to start your own?
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The best routes to take are to research the process of starting a business as well as the industry you're interested in.\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\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\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\nCatering Specific:\n* How to Start a Home-Based Catering Business, 5th by Denise Vivaldo\n* How to Run a Catering Business from Home by Christopher Egerton-Thomas\n* Start and Run a Catering Business by George Erdosh\n\nBakery Specific:\n* How to Open a Financially Successful Bakery by Sharon Fullen, Douglas R. Brown\n* The Baker's Trade: A Recipe for Creating the Successful Small Bakery by Zachary Y. Schat\n* Baking for Profit: Starting a Small Bakery by George Bathie\n\nIndiana Specific:\n* How to Start a Business in Indiana by Entrepreneur Press\n* How To Incorporate and Start a Business in Indiana by J. W. Dicks\n\nThere are plenty of free informational resources out there. Check the source box for links to articles.\n\nHope that helps! I wish you much success & happiness in all your ventures!
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You need to go to college and take business classes to start. You need a job and save your money so you can purchase the building and equipment. Never rely on others to full fill your dream. It only takes YOU and your hard work and determination.
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Go to eBay and open an account. Search their help section and read their frequently asked questions or FAQ's for short. They will tell you exactly what you need to do to start an eBay business or Store.
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I don't think it's possible to open 1 yourself :( \nYou need to make a company O_o first!
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consider all options. don't play safe\nsetting up a business is a huge responsibility\n\nTo look into\n\n1. Business plan\n2. Business marketing plan\n3. Financial plan / Start-up loan\n\nHave you checked to make sure your business name is available?; Have you registered your business?; Have you checked and registered your trademark?; Do you need a business licence?;Have you got insurance?;Do you have a business account?; Do you have an accountant?; Have you created a budget?; Can you get to the phone and electrical sockets easily?; Will your furniture fit in the space?; Do you have sufficient light and ventilation?; What is the temperature like in the office?; Do you have enough storage?; Have you all the equipment that you need?; Computers, telephone, fax machine, printer, scanner, etc...?\n\nWould you invest in all that or would you for an alternative like say, a virtual office?
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The best routes to take are to research the process of starting a business as well as the industry you're interested in.\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\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\nResearch, research, research – this cannot be stressed enough. Read as much as you can about the industry. Here's what I found:\n\n* Start Your Own Vending Business (Entrepreneur Magazine's Start Up) by Anne Rawland Gabriel\n\nThere are plenty of free informational resources out there. Check the source box for links to articles.\n\nHope that helps! I wish you much success & happiness in all your ventures!
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The best routes to take are to research the process of starting a business as well as the industry you're interested in.\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\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\nResearch, research, research – this cannot be stressed enough. Read as much as you can. Here are some book titles that are relevant:\n\nBusiness Startup Specific:\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\nE-Commerce Specific:\n* Starting an Online Business For Dummies, 4th Edition by Greg Holden\n* How to Start and Maintain A Successful Online Business by Kelly Thornton\n* The Complete E-Commerce Book: Design, Build, and Maintain a Successful Web-Based Business by Janice Reynolds\n\nRetail Specific:\n* Start and Run a Profitable Retail Business by Jim Dion, Ted Topping\n* Retail Business Kit for Dummies by Rick Segel \n* Specialty Shop Retailing: How to Run Your Own Store Revised by Carol L. Schroeder\n* So You Want To Own The Store: Secrets to Running a Successful Retail Operation by Mort Brown\n\nThere are plenty of free informational resources out there. Check the source box for links to articles.\n\nHope that helps! I wish you much success & happiness in all your ventures!
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Create your own business.  Make a list of your skills and see it can become a home-based business.
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Start with something you or someone you know already own. \n\nI started a business making leather goods with only $300 investment. I already had most of the tools and supplies but I needed a wider range of leather. My first time selling netted $700 profit and I still had 3/4 of my supplies left. I turned it into a $80G a year business in two years.\n\nOne important factor in creating a business is passion. You have to love what you do.\n\nFrom a cleaning service (everyone has enough supplies to do at least the first house or two..then you reinvest your money to grow), to house painting (more supplies but can be bought at dollar stores for the first house), and the list goes on.\n\nI have built and sold 7 businesses in my life and am on business 8. Don't feel that once you start, thats where your stuck forever. Feel free to learn and grow with life. Get the book "Who moved my cheese" to help you learn how to move through tech changes.\n\nTake a piece of paper and draw a page sized T on it. The right side is cons the left is pros. Write your abilities down on the pro side then pencil in the cons to having a business doing that ability. You will find one or two strengths to work on.\n\nOnce you find what you want to do, find someone who is doing it and ask some questions. You will need to know how long it took to become established. Does the business support them and or their family. Do they like what they do. If not, why.\n\n2 out of three privately owned businesses fail the first year. They tend to work best when you have another job the first year or even two so you can reinvest your money to build the business. Its hard work but worth it if it makes you happy.
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The best routes to take are to research the process of starting a business as well as the industry you're interested in.\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. 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* Small Business Start-up Kit for California by Peri Pakroo, Barbara Kate Repa\n\nThere are plenty of free informational resources out there. Check the source box for links to articles.\n\nHope that helps! I wish you much success & happiness in all your ventures!