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Starting a buisness

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Money Talk > Earning & Income

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gussie
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Make sure that you know the government laws and licensing procedure for the product/service you are selling. It takes fair amount of time to get through this. You have to plan this very well and well ahead of other things for your company.Along the lines of staying focused, do not go out and buy a bunch of stuff that will just distract you. Same goes for office space. Until you know your specifics and have a focused timeline limit the distractions.
Post Mon Aug 08, 2011 5:41 am
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smithsjoys
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A great way to develop an e-business, perfect for sale on eBay, and essentially harmless. I would suggest checking for the selected item on eBay first to see what is the competition like. Selling on eBay is highly competitive, many people now importing goods from the far East and is able to sell their items for very Cheap
Post Mon Aug 29, 2011 7:58 pm
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beldonboras
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quote:
Originally posted by martin12
Hello Friends..........

To start a business

1.Write a business plan :A business plan is essential because it allows you to experiment with the strategy for your business on paper, before you start playing for keeps.

2.Determine how you'll make a profit :Profit is, after all, the ultimate goal of any successful small business. You should examine your business' expenses (rent, materials, employee compensation, etc.) and then figure out how much you will need to sell to cover those costs and start generating a profit.

3.Start with as much of your own money as possible:Many small business owners cover their start up cost entirely through loans, with the expectation that they will begin paying back the loans with the profits from their new business. New businesses can take months or years to generate a profit, however, and loan payments can really become a millstone around the neck of a fledgling operation.

4.Protect yourself:Most small businesses are sole proprietorships or partnerships. While these types of businesses are nice and easy to form, they also expose their owners to liability for business debts and judgments. Creditors and judgment holders can come after the owners' personal assets, like savings accounts and homes, once the business' money is depleted.

Thanks


Very Nice...Highly Appreciated Posts among others
Post Wed Mar 28, 2012 10:02 am
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Stuart Mackenzie
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Accounting Software  Reply with quote  

I do not know whether you have chosen any software yet but it could be worthwhile checking out Accountz.

Whilst this is the program developed in the UK I suspect but do not know that it would be equally at home handling dollar transactions. They have recently introduced an "Eazy Screen" which as the name suggests makes it really easy to handle a transaction of whatever sort. I hope this helps. Smile
Post Wed May 09, 2012 1:33 pm
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JohnRussel07
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Business plan is more essential to start the new business. Because it allows you to experiment with the strategy for your business. And the website is more important for one company. Customers get some best ideas through the website. So we have create the website with best.
Post Tue Sep 18, 2012 4:38 am
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rvalmeeki
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If you want to start a business, I prefer Affiliate Marketing to make money.Its the best way...

Marketing Specialist, Money Saver
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Post Wed Jan 09, 2019 1:44 pm
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Darwin2018
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It is a very good idea to start your business. You can buy cheap and popular Chinese goods and sell them in your online store.
Post Wed Jan 09, 2019 5:43 pm
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Brotherjohn
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I was also very afraid to start a business, but then I realized that you need to do what you love and know how. I started cutting glass and now I am the best master in my city in this field. The secret of my success in my professionalism and high-quality equipment. I ordered glass cutting machines https://ibamachinery.com/ on this site. They provide the customer with comprehensive assistance based on his needs. Their experienced technicians are able to install, start-up all the machines as well as train the personnel and do the maintenance. I hope my post will be useful for you and your business will be successful and profitable.
Post Tue Feb 12, 2019 1:12 pm
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Offshore-Wealth.com
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OVERCOME YOUR FEAR FACTOR  Reply with quote  

Most people who are thinking about or procrastinating about starting a business never do. Why is simple, it is the FEAR FACTOR, most are afraid to fail, afraid to lose money, afraid to face all their friends and family who tried to talk them out of it. Sad, but true, and as any entrepreneur will tell you, the FEAR FACTOR is your first obstacle.

As much as you would like to listen to your friends or family, remember, most people are not entrepreneurs and deep inside they envy you for wanting to start a business, but if you do and succeed, then they look at themselves as the failures, which in most cases they are in life and probably have a job and always will work for someone else.

I started my first business at age 12, and grew it into a six figure income by the time I was 18 when most people start dreaming of starting their first business. Every entrepreneur has a failure in their quest for success, and having started several businesses ever since, yes, expect a few losers along the way. The key to success is to never give up. Many of my start ups were just ahead of the market, some by years, so live and learn, I shouldn't have given up on them so soon, but this is how you learn to be a successful business entrepreneur. If you want to shorten that learning process, check out the FORCED-SUCCESS-SYSTEM.com where successful business entrepreneurs have a noble mission to help others start their own businesses. Learn from thousands from around the world, and earn while you learn, then learn to earn more, simple as 1-2-3 and your education and access is free forever.

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Post Sat Feb 16, 2019 3:09 pm
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Darwin2018
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Starting a business is very responsible, because it depends on whether business will be successful or not. You need to know a lot of nuances, analyze many factors. This will help you do everything right. I say this, since I myself was a beginner business a few years ago. Business analytics was the hardest thing for me, because I did not understand anything about this, but I did not have the funds to hire a specialist. A friend advised me to buy a business analysis program. I thought it was not a good idea, but I decided to try. Oddly enough, with computer software from https://provalisresearch.com/ I got it all! I'm happy.
Post Wed Feb 20, 2019 6:55 pm
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Brotherjohn
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Own business is really hard, but possible!
Post Tue Jul 16, 2019 3:05 pm
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Sander2018
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You have to think all the little things if you want your business. I am the owner of my own realtor's office. I want to say that it is important not only to find good employees, understand business, but also own office. This should attract your customers and be safe for employees. My office has a security gateway. I made a high-quality fire system from https://www.americanbackflowprevention.com/ recently. My friend advised to do this. I read a lot of information and decided that my office needs this.
Post Tue Jul 16, 2019 4:35 pm
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Wuveth
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I'm interested in starting my own business, and I want you to share your opinion about my idea. I want to start sport betting platform with ready made solutions from https://www.betinvest.com/sportsbook/ they provide all neccessary functionality! All looks very simple. What do you think?
Post Tue Jul 23, 2019 4:27 pm
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