to do with business, accounts, marketing, production, exports,...basically everything to do with business. I have an idea to generate money and about 30K saved up ...so what do I do now?
2006-07-23 10:26:45 · 10 answers · asked by Blue_Bell 1 in Business & Finance ➔ Other - Business & Finance
Compared to offline businesses, the investment required to start an online business is minimal. A popular way of earning money on the internet is by providing information and services. This can be monetised by advertising or charging a subscription. You can also make money online by selling products on auction websites like eBay or through your own website. More information available at http://tinyurl.com/syw6m
2006-07-24 07:23:50 · answer #1 · answered by lalraniusha 3 · 2⤊ 1⤋
First decide which business you want to get involved with. What have you worked at and how successful were you. Is there something you have seen that you feel will make you money. Get help from your local job centre or council business development office. Do not throw £30k away without taking advice from a bank manager. I wish you the best.
2006-07-23 12:09:34 · answer #2 · answered by deadly 4 · 0⤊ 0⤋
What is your idea. Is it definetly one that is profitable, or is it only a product you would buy. What would your potential competition be, could the market fit in another buysiness of that product or would the competition be.
2 of 3 business start ups fail in their first year, regardless of the initial investment. That makes you really think; "Do I have the balls for this.
If you are ready, heres a quick quide:
1) Go to a local large sized book shop (Borders, Waterstones, Amazon or Ottakers) and look in the Business section. There are lots of business to the tone of starting a business.
2) Business gateways are free, government owned organisations that provide startup guidance on all sorts of matters. Make tracks there as they should have books, leaflets and factsheets to help you get momentum.
3) What kind of business/ company will you be. Consultant, Freelance, Buyer, seller, service provider, food establishment. Different business types have different needs of things to do.
4) What structure will you need; Soletrader, partnership, limited comany public, private limited company, organisation, charity. Different structures have different rules. These are explained in any of the afore mentioned sources.
Now you have the ball rolling. You are researching the potential for your business and deciding wether or not to go. Your answers to these thoughts will determine what you should do next.
Best of luck
2006-07-23 11:32:12 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Register your business with the IRS and the state. A lawyer can help you with that. You need an employer number from IRS and a charter number from the state.
Find a good CPA to help you with taxes and financial information.
Join groups within the industry and business groups. Contact the Chamber of Commerce.
Get business cards and letter heads printed.
2006-07-23 10:34:42 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Congratulations on your existence-sort replace! it is continually scary at first yet in case you position your options to it, you'll under no circumstances ought to artwork for some different person lower back. I made that determination a lengthy time period in the past and function under no circumstances regarded decrease back. i began a house employer in health and health and can't believe what it has performed to regulate my existence. you're paid in direct percentage to the quantity of work you position into it so there is not any cap on your earnings. I honestly have considered human beings withchronic come into this employer, see the flexibility and earn over $2,000 their first month. i'm no longer declaring it fairly is the norm, yet with the right approach and ingenious and prescient, it is actual attainable. I honestly have chosen to artwork with the heavy hitters, presented myself and now they're training me a thanks to assist others. This employer is thoroughly product pushed because the product has such numerous medically and scientifically shown reward. health and anti-growing older are quickly transforming into one thousand billion dollar marketplace so it truly is definately the employer to be in. i'm with a employer that has shown me a lot integrity that fairly comes by ability of to the client. each and every of the floor artwork is performed for you, and the funding is amazingly low-fee, less than $2 hundred USD. i'd be at liberty to introduce you to three those who can clarify each and every thing to you.
2016-11-25 20:15:52 · answer #5 · answered by daies 4 · 0⤊ 0⤋
Spend the thirty K and then start up a business to earn it back. You might get some wonderful insights on how the people who took your money off you. deco
2006-07-23 11:21:28 · answer #6 · answered by deco p 1 · 0⤊ 0⤋
Do you have a Score organization around you? www.score.org
They were very helpful to me. Also, meet with an attorney to set up your incorporation papers.
What kind of business is it? That would make a difference on what you need to do.
2006-07-23 10:30:49 · answer #7 · answered by Amy H 3 · 0⤊ 0⤋
What you have is the perfect fast way to squander $30K
Even 60% of people that know what they want to do, usually go bankrupt in 6 to 12 months.
So, what do you think that makes your chances?
2006-07-23 10:41:09 · answer #8 · answered by Anonymous · 0⤊ 0⤋
First write a business plan.Then you'll know what to do from there.
2006-07-23 10:32:09 · answer #9 · answered by Joe P 4 · 0⤊ 0⤋
start selling freezers in Alaska.
2006-07-23 10:30:32 · answer #10 · answered by yiannis the greek 4 · 0⤊ 0⤋