 Thinking out of the box. Does it always help? |
| Everyone these days cite "thinking out of the box" as one of the success formulae. Do we get to know only about those successes in the open? How about the several possible failures on ... |
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 How do I earn money? |
| Okay I am 15 and this summer i want to go to myrtle beach with this teen group in my neighborhood and it costs $250, I have a concession stand job thats one day a week for 5 hours, $4 an hour, ... |
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 What is a "LLC"? |
| When starting a new busuiness what exactly is a "LLC"? Also what are the benefits and how do you become a "LLC" member?... |
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 How do you start your own online busness? |
| i was advised to start an online busness to get me started financally and i was wondering what the best thing to do would ... |
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 Work at home jobs?? |
| Hi, I am a mother of 4 who stays home with the kids. My hubby has to work 2 jobs, and I wanted to know if anyone actually has a work from home job, where they get weekly paychecks. I have been ... |
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 Online business....? |
| What online business do you have? High and lows of start-up, etc.... |
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 Working from home? |
| are there any legit ways to make money at home from your computer short of having you own buisness which i know nothing about not loooking to make a fortune jsut something part ... |
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 Anyone lend me £10,000 ive got a great business but a bad credit record...? |
| just joking. but it really sucks that things from my past are messing up my life now that i want to get sorted!!!!... |
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 New to EBay? |
Hi,
I have just joined EBay, and would really appriciate any advice on how to buy/sell without being 'ripped off ', I feel a bit like a new pupil in an old school!! if that makes sense?... |
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 Anyone won small claim court and the defendand cannot pay? What to do in such case? |
I won 5K on small claim court. The pool guy ruined my pool completely. He said he cannot pay me ever. What to do in such case? Anyone have been in similar?
Additional Details
He closed ... |
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 Why do people not work on national holdiays? |
| Wouldn't it be in the best interest of a business or company to be open on certain holidays?(especially when others are closed?). Is there some sort of benefit to being closed besides intrisic ... |
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 Do you know of any websites that give you a step by step guide on how to set up your own business? |
| I particularly interested in the financial side of things i.e tax and VAT. I've looked at HM Customs which was helpful but was wondering if there are any others.... |
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 Can some help me with this home base business idea? |
| I have an idea, Such as a selling greeting cards from home. But the only thing is that I don't know how to go about it? I would like to sell them online. Also I do not know if this is a good ... |
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 Small business ideas? |
| I am only a Freshman; and I have chickens for FFA in the Spring until Fall. I need to find something that I can build and sell in the Winter and so forth. Something that people are actually going to ... |
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Stuart | I have finally got the cracking business idea which will work as I got a little proof? Do I borrow money or ? |
I have been searching for the correct idea to make me a good living and nowthe time as come. To set up it willcost around 15-18k but with a monthly return of 3-5k. Is it best for me to use my credit cards or to get a invester or a loan. I know for a fact this will work but dont know the next stage. Should I get some one in to organize things as my skills are weak at this? Where can I go to do a Buisness plan ? Iam so excited cant sleep! |
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chinchilla.girl
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The best way to get money will depend on two things.
1. The exact nature of the business and exact purpose that the money is for (ie. to buy stock -get an overdraft or short-term loan, spend on marketing, product development, manufacturing etc)
2. What is available to you (how is your credit rating, do you have any security, do you have experience in the business you are refering to - if not banks won't come in a million miles of you)
Really you need to seek professional advice. |
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delightful
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Go and visit a bank and ask to speak to Business section,take a plan of how and what you plan to do |
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just trying to make a difference
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it's great that you've got a business idea. first things first you need to do lots of research to make sure that there is a need for your idea and who will buy and why etc etc, then you put all this info into a business plan.
if you're new to it all then i'd suggest a short business planning course - that's what i did and it covers all the basics like your idea, the law, health & safety, marketing, premises, employing staff, breaking even, financial flow charts and balance sheets and more. you could even do this by home learning as long as you get good tutor support.
i would advise against credit cards for finance - if you need start up funding then look at grants first, then other ways of getting finance like small firms loan guarantee or business angels.
i have selected a few good links to my favourite business advice websites, i hope these help you
http://www.businesslink.gov.uk/bdotg/action/home?r.s=m
http://www.clearlybusiness.com/advice-and-support/
http://www.newbiztips.net/default.aspx
http://www.starttalkingideas.org/next_steps
and if you're under 30 try - http://www.shell-livewire.org/
wishing you all the best with your idea!
Rebecca x |
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Debs
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If you are convinced of its success then don't get an investor as you will have to then share your success, you only get an investor if there is some risk and then its to spread your risk. However it is very rare that something is a dead cert, you need to check everything. The risks to you are not only about making money you could make tonnes of it and then there is some fault with your product, service etc so what legal implications are there, could your customers sue you, can you protect yourself against this, are there any health/safety regulations you need to comply with, etc etc. What are the income and capital tax implications of your business, this will affect your monthly return. The annual trading limit for VAT is around 61k, which is just over 5k a month and at this point you have to become VAT registered. There are many many factors to consider. I would suggest doing a business plan for your own benefit, not just to get the financing so that you cover all angles and plan for them this way your business is more likely to suceeded as you cannot plan to fail but you can fail to plan! Good luck I hope it all comes together for you. |
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naiveidealist
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I would say, if you can, avoid debts altogether at the start...start small...do a part-time job at first if you can...build it organically and create a business plan over the first six months...that way the data will come from real life not cloud cuckoo land. Then scale up if its all going to plan, or do a hasty retreat if not. |
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Howard A
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Hey, the final decision will be yours as you are the person who will be responsible for everything. When you make decision for starting then what we can do for you is to arrangement of money for you.
Just fill an online form & receive a call back from http://www.loans-bazaar.co.uk |
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cars
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get a good accountant they will do the business plan and if it is as good as u say then u will need an accountant anyway so better to pay a little out to them now and start it properly than doing something simple wrong yourself |
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Jewel
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Get real - get down to any bank and ask them for starting your own business pack. Read all about it and you will be guided through writing your business plan, if it is any good and you convince your bank they will loan you the money, if they think it is a poor investment or you are it won't simple as that. |
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Barbarian
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You will need a business plan, Business Link Website. They will help you for free. Finance is better bybank loan if you can get one. Or an investor. Credit cards are expensive. Your ability to get a loan will depend on your ability to repay. |
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