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I am interested in something for someone with no prior knowledge of the subject, and is considering starting a small business.

2006-10-19 16:19:08 · 5 answers · asked by skowog 2 in Business & Finance Small Business

5 answers

Millionaire Republican: Why Rich Republicans Get Rich--and How You Can Too By Wayne Allyn Root
Also a must read is
Rich Dad, Poor Dad 2 by Robert T. Kiyosaki
Good luck

2006-10-19 16:27:10 · answer #1 · answered by Anonymous · 0 0

No book is better than hands-on experience. To start a small business, you may consider to call license related department in local government. If you called the wrong department, they will tell you where to go.
Check on the product you wish to sell for wholesale price and retail price.
Find out how much you need to spend on office/shop renting and equipment and how many staffs you need and how much you need to pay them.
After you get a good idea of how much money you need to invest, you add up another 50% for revolving fund.
See if you have the money and are will to spend. In the meantime, you are prepared to lose it with no regret.
In case you don't have enough fund but still want to do it, you then go to the bank for a loan.
In that case you need to compose a proposal that shows the bank you will make profit from the business.
If you can do this much, your small business will run.
Good luck to you.

2006-10-19 16:35:59 · answer #2 · answered by mimi 4 · 0 0

Read your memory,the part that your Grandparent may have taught you, that said, be honest with people, but don't allow yourself to be taken advantage of. Treat people the way you want to be treated and deliver what you promise and do what you say you will. Don't talk fast and oversell to people that can be easily persuaded as they won't be the type of clients that will build your reputation or network.

2006-10-23 14:47:35 · answer #3 · answered by Meeee 2 · 0 0

"How To Become An Entrepreneur" by Wile E. Coyote.

2006-10-19 16:21:29 · answer #4 · answered by Anonymous · 0 0

i got a list of over one hundred.
start with ' The E-Myth'
Re submit ? with more info for fine tuning else
the answers will be all over the board and 2/3rds will be junk for you.

2006-10-19 16:24:26 · answer #5 · answered by Anonymous · 0 0

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