me and my wife have a good idea for a business but we dont know where to start we dont need a bank loan but we need advise to start it up
2007-01-19 06:08:01 · 20 answers · asked by ajentertainment2007 1 in Business & Finance ➔ Small Business
Go to your local business gateway, they will help you and give you all the advice you need, like business plans, vat, tax etc.
Good Luck in your new venture
2007-01-19 06:11:04 · answer #1 · answered by Mas 7 · 1⤊ 0⤋
First write a business plan. Include everything you can think of relating to the business. Find help on writing one if you need, but you must analyze all costs. Then take your business plan to an accountant and go over it with him/her to see if it is realistic. This will cost a couple hundred dollars but may save you much more in time and money. If you like the accountant keep them to help you later. If you plan on doing all the bookkeeping yourself at least let them set you up and get off on the right foot. He can also help you set up your corporation. A lawyer could also do this part and its always nice to get a second professional opinion. Research your lawyer and accountant. Don't hire yes men. You want someone who will give you the bad news first and give it to you straight.
2007-01-19 06:16:47 · answer #2 · answered by clearlyalienboy 2 · 1⤊ 0⤋
I think the best place to start is too right a "Business plan" contrary to belief its not just for those who need a loan. It will help outline what your business is all about not to mention the marketing and finances, side of things and will give you a realistic idea of wether your business will work or not. Give it a go nothing too lose and so much too gain.
2007-01-19 06:19:15 · answer #3 · answered by SuzyQ 3 · 0⤊ 0⤋
If your business idea is worth investing money into, then it is worth investing time into. Start buy asking tough questions about the market, the product/service, steps to obtain license, insurance, etc.
Get some experts on your team. Read some books on success and model excellence. Follow my links and get your mind involved just as much as your heart!
2007-01-19 06:16:16 · answer #4 · answered by Sammy D 1 · 1⤊ 0⤋
Always make sure to get prime real estate location. Create a website so customers can see your product online. Chose a phone company that can handle high volume calls. Make sure to get a Bookkeeper/Accountant, if your not doing it yourself. Make sure that the name you use for your company is not someone else's company name. I believe you have to put a add in the newspaper, not sure. There are other stuff these are just some basic.
2007-01-19 06:54:44 · answer #5 · answered by Naomi B 2 · 0⤊ 0⤋
self-employed/small business information.
C links below.
contact ur bank & ask 4 an appointment with a Small Business Advisor.
2007-01-19 06:14:25 · answer #6 · answered by Anonymous · 1⤊ 0⤋
Ok, I do this all the time.
What you need to do is map out your strategy.
-Who are my prime customers?
-What am I charging for my goods/services?
-Is my profit margin enough?
-How will I market to my prime customers?
-Are there other avenues of profit in my business?
-What makes me stand out above the competitors?
If you answer these questions, you have it made.
Good Luck,
If you need any specific pointers, drop me a line: infobrokernate@yahoo.
"There is no standard price on ideas. The creator of ideas sets his own price, and if he is smart, gets it." -Napoleon Hill "Think and grow rich."
2007-01-19 06:17:18 · answer #7 · answered by infobrokernate 6 · 0⤊ 0⤋
I make about twenty dollars an hour painting address number on curbs.Part time.
theirs people who used to be in business and will tutor people for free.
call someone with the local government.they might direct you to the right people.
perhaps look under business tutoring on the Internet?
or some Charity's might direct you to someone?
Good Luck.be positive. have faith.don't quit .you will make it with perseverance
2007-01-19 06:15:34 · answer #8 · answered by Anonymous · 1⤊ 0⤋
Decide on how you want to run your business, corporation or LLC or ....
Decide for a name and register it. Registration is easy. You can go to ecretary of state web site to get more info.
Get your website. Design/Develop your self or contact pros like me...haha just kidding, its your choice.
Start rolling and find the most important part. Customers.
2007-01-19 06:14:21 · answer #9 · answered by techie123 2 · 1⤊ 0⤋
Check out the Small Business Administration site. SBA wants small businesses to succeed, so they have lots of hints, tips, and help. Look at the link that says "Small Business Planner". It will tell you how to plan, start, maintain, and even end your business. http://www.sba.gov/
2007-01-19 06:14:12 · answer #10 · answered by Vivian D 4 · 1⤊ 0⤋