2007-11-07 02:09:29 · 15 answers · asked by boots is bad 1 in Business & Finance ➔ Small Business
Learn how to use spell check, (THIER?)
2007-11-07 02:11:42 · answer #1 · answered by GRUMPY1LUVS2EAT 5 · 1⤊ 1⤋
Find something that has some promise - a product or service that you know people will want to use or buy, with consistency. Be prepared to work very hard, with no or few days off, at least for the first couple of years or more. Advertise, get the word out about your business; also, a website is a MUST for most of today's businesses.
Plan out your expenses, so that you have an idea of how much you will need to profit. Be personable and friendly with your customers/consumers, and communicate clearly with them. Good Luck!
2007-11-07 02:15:20 · answer #2 · answered by Anonymous · 1⤊ 0⤋
There is a personality test available for people thinking about starting their own business. I'd take that first before I did anything.
I had my own business and did not like it at all. I'd prefer to work for someone else. If I had taken the test first I would have saved myself a lot of mysery.
2007-11-07 02:28:45 · answer #3 · answered by tammykhooper 2 · 0⤊ 0⤋
Put all ideas on paper.
Be organised.
Plan your finances carefully.
Do not be quick to put yourself in debt.
Hang your hat and your business where you can reach it.
Think things through carefully.
Be careful of involving friends in your business.
Reduce all agreements to contract/writing.
Plough back into the business first THEN into yourself.
Be careful what you say.
Anticipate difficulties so that you may be prepared and therefore be less discouraged.
Take a walk when it starts to get to you.
Be careful when making hasty decisions.
2007-11-07 02:16:29 · answer #4 · answered by Musicoid 1 · 1⤊ 0⤋
Do your homework before jumping into business. Do a market survey, find sources if you're selling a product, find out what business license and permits you will need, decide what type of business you will be running be it a corporation, sole proprietorship etc. Find start up capital.
2007-11-07 02:13:07 · answer #5 · answered by ♪♫Tweedle Dee♪♫ 5 · 0⤊ 0⤋
Go for it. This is what America is based on and it seems to work. Look into getting some small buss grants from the Government and just go for it.
2007-11-07 02:12:40 · answer #6 · answered by Mike's D One 2 · 0⤊ 0⤋
80% of new businesses fail within the 1st 2 years of opening... but... 'if at 1st you don't succeed, try and try again.' It will be worth it once you get your business working and getting a nice bit of money coming through.
2007-11-07 02:16:00 · answer #7 · answered by Diego 2 · 0⤊ 0⤋
Go to school, learn how to keep books, get familiar with the banking system...Ask ppl who know who own their own business and pick the right spot for your shop.
2007-11-07 02:12:11 · answer #8 · answered by Anonymous · 0⤊ 0⤋
Make sure your business involves something you love and have knowledge of! People enjoy working for/buying from someone who has a lot of excitement for their products and knowledge about them too.
2007-11-07 02:12:04 · answer #9 · answered by Anonymous · 0⤊ 0⤋
Be prepared to spend all of your time working. In the long run, it will pay off, but at the beginning it is hard work!
2007-11-07 02:11:44 · answer #10 · answered by lee 5 · 0⤊ 0⤋
Seek advice from the expert...
They will help you to plan your business, give proper training, help you to obtain fund etc
2007-11-07 04:22:53 · answer #11 · answered by ANNIE 2 · 0⤊ 0⤋