I'm expecting this question in a job interview and would like to know the answer Additional Details How would you respond to this customer and what would you do to resolve the ...
Sage Lee is taking this assessment.
1. Which of the following is not one of the three types of business arrangements in the United States? (1 point)
Sole proprietorship
Partnership<...
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The company is currently a Sole Proprietorship and I am looking to convert it to a LLC. What is the cheapest way to do so? What state (Deleware??)? and How do I go about it?
Not if you know what you're doing. Many people have started business while they were still in college.
mcjayc2001
generally speaking it's not. IT really depends on the type of skills you have and can acquire easily.
If you have no skills, it would be wise to work in the same type of field as the business you were thinking about, just to gain some experience. As well, you would need capital, time, doing a market research and all that stuff to ensure you're going into the business well prepared!
Tough Guy
Depends on your product or service and the market in which it serves. It also depends on your skills in running a business. If you have a great idea, you might seek help through a consultant or a former college professor. Michael Dell started his business in college and never finished college.
croatan211
I once had a successful seafood business a couple years out of college. When I was divorced ten years later it was dissolved because of settlement issues but that's neither here nor there.
Ask yourself these questions before you start your business.
1)Am I willing to work 140 hours a week?
2)Am I willing to make decisions that will cause me and others to suffer?
3)Can I get by with no social life?
4)Am I willing to lose my car, my house and every penny I have?
If you can't answer yes to these questions don't bother to start a business.
Neda
I think it's better to get experince out of college for at least a year and then start your own. It's worth it i think.