How can i start a small business ?

Question

my budge is 20000 $
please guide me

Answer 1

The best routes to take are to research the process of starting a business as well as the industry you're interested in.

I 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.

Research, research, research – this cannot be stressed enough. Read as much as you can. Here are some book titles that are relevant:

* How to Really Start Your Own Business, Fourth Edition by David E. Gumpert
* How to Really Create a Successful Business Plan: Step-by-Step Guide by David E. Gumpert
* 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
* Business Start-Up Kit by Steven D. Strauss
* Start Your Own Business (Entrepreneur Magazine's Start Up) by Rieva Lesonsky

There are plenty of free informational resources out there. Check the source box for links to articles.

Hope that helps! I wish you much success & happiness in all your ventures!

Answer 2

don't do anything before researching. is there a need for your type of business, is there another less risky way to try it? who will your clients be? How much will it cost to set up? will you work full time or part time.? There are many questions that need answered, you have a good buget of 20 grand, Good luck, i am also hoping to set up a business too in the future.

Answer 3

keep your 20000$ as capital. decide what you want to do and put an add in the paper.
worked for me. I have been self employed for 5 years now.

Answer 4

Many universities have a "small business incubator". They Help You get up and going! Also, there is the SBA or Small Buisiness Administration. They can help with loans.

Answer 5

You need find a local business broker because you are working on a very small amount of capital.

Answer 6

by going to microsoft and orther the small busisness beta packet and small business web starter. then buy or rent a porperty to start your business ( important: MUST HAVE LEGAL PAPERS)

Answer 7

Here are some sites that will help you:

http://www.sba.gov/starting_business/

http://www.entrepreneur.com/startingabusiness/index.html

http://www.irs.gov/businesses/small/article/0,,id=99336,00.html

http://www.businesstown.com/businessopps/newbiz.asp

http://www.entrepreneur.com/startingabusiness/businessideas/index116196.html

Answer 8

$20,000.00 IS NOT VERY MUCH . I WOULD ADVISE AGAINST IT . THE NUMBER 1 REASON BUSINESSES FAIL IS A LACK OF CAPITAL AND WHAT YOU HAVE IS NOT VERY MUCH .