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Author Topic: Ideas for a small business start up  (Read 125 times)
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james34
Sr. Newbie
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Gender: Female
Posts: 46


« on: January 31, 2010, 11:32:43 PM »

Hi

    * We begin by assuming that you are in the business you love. If you are not, the first tip we have for you is that you find something about it to like or move to something that you are passionate about.
    * Cash! Plans! Cash forecasting and financial plans are next on the agenda. A planned budget, a measurement process, both short and long term will help your business start up. It's imperative that you know your projected income or revenue and cash expenditures to drill down to your cash flow.
    * Research your business, your competition, and the industry and stay current and then define your USP. (Unique Selling Proposition) Read, read, and read! Get start up advice, join organizations that will help you, get on to the net and do all your homework there.
    * If you can differentiate and find that USP, leverage it to the maximum.
    * It helps to establish and fall back on a trustworthy mentor or advisory board. It could even be family, someone whom you can bounce ideas off, and get an objective opinion on your USP among other factors.
    * Build networks - Meet with people and build a strong business support structure.
    * Discipline and motivation - Plan and schedule work, execute quality project management methods. Review your business methods and ideas periodically and make the necessary changes.
    * Prepare for change - an inevitable part of your business plan.

Keep sharing and reading
Thanks
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bowen
Guest
« Reply #1 on: February 01, 2010, 01:18:40 AM »

Hello To All

1)STAY ALERT:In 2010 make sure you're signed up for alerts through Google to find out what people are saying about you, your brand and your industry online. Find out what consumers are saying about your business in the social media realm on sites like Twitter and Facebook.
2)STAY FOCUSED:Don't try to be all things to all consumers. It's important that in the New Year you keep your marketing messages focused and brief. Pick the thing your business does best.
3)TAKE THE TIME:There are no magic bullets when it comes to marketing your business online. It takes time. In the New Year, don't rush to implement too many strategies at once.
4)MASTER THE WEB:Before you started your online business, you may not have thought of yourself as a webmaster. In the New Year, it's important that you do. Use the tools provided by Google Webmaster Central.
5)BECOME A MEDIA MAVEN:In 2010, make it a goal to ramp up your media relations plan. Increase your media exposure by using Google News to find articles about your industry. Then, make contact with the TV and print reporters who write those stories and offer to be a potential source for their next story.

Have a nice day

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roswell
Newbie
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Gender: Female
Posts: 10


« Reply #2 on: March 08, 2010, 09:30:46 PM »

Hello friends

For most potential entrepreneurs, the hardest part in deciding to start a business is simply coming up with small business ideas.
The ambition and drive are certainly there – the challenge, however, is finding and feeling confident about the right business concept.
Since you've come to this website, our guess is that you've dreamed of starting your own small business for quite some time now.
Maybe a friend has succeeded in her own business. Perhaps small business ownership runs in your family. Or is it the fact that you're just bored with the daily grind?
Why haven't you pulled the trigger? What's holding you back?
Based on our research, the three primary reasons that people who want to start a business but haven't are:

Thanks for all friends


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henry
Guest
« Reply #3 on: March 09, 2010, 02:42:30 AM »

Hello friends


For most potential entrepreneurs, the hardest part in deciding to start a business is simply coming up with small business ideas.
The ambition and drive are certainly there – the challenge, however, is finding and feeling confident about the right business concept.
Since you've come to this website, our guess is that you've dreamed of starting your own small business for quite some time now.
Maybe a friend has succeeded in her own business. Perhaps small business ownership runs in your family. Or is it the fact that you're just bored with the daily grind?
Why haven't you pulled the trigger? What's holding you back?
Based on our research, the three primary reasons that people who want to start a business but haven't are:

Thanks for all friends
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carl12
Jr. Member
**
Gender: Male
Posts: 68


« Reply #4 on: April 03, 2010, 05:21:29 AM »

Fear of Failure – The fear of not succeeding simply paralyzes the potential entrepreneur.  A lack of confidence “freezes” any chance of getting started.

Lack of Capital – Not having enough money to fund a startup or sustain one's family during the beginning phases of the business are concerns that keep many of us locked behind our desk in a nine-to-five grind.

Limited Ideas – Believe it or not, many potential business owners never get started because they have trouble coming up with small business ideas.  They lack that special creative spark that ignites the business flame.
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saria19
Newbie
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Gender: Female
Posts: 19


« Reply #5 on: April 05, 2010, 03:07:06 AM »

1. Be true to yourself. No matter how much money someone else makes, if you don't enjoy the business, wouldn't be proud to show your relatives what you are doing and how you are doing it, then don't do it.
2. Find a need and fill it. Yes, you've heard that a million times. But it still works. The easiest business to run is one that produces products or services that people already know they need. The reason: you don't have to spend a lot of time and money convincing prospects they need what you sell.
3. Choose products or services that you can sell for a lot more than it costs you to make or buy them. If the difference between your cost and selling prices is too low, you will have difficulty growing the business.
4. Make realistic estimates of your expenses... then double them. Most new businesses either forget about marketing, fulfillment, overhead costs, income taxes and self-employment or greatly underestimate them.
5. Be true to your customers and prospects. Don't promise what you can't deliver. Don't lie or exaggerate the benefits of what you sell and always deliver a quality product or service.

Have a nice day
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sophie17
Hello Everyone
Newbie
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Gender: Female
Posts: 12


« Reply #6 on: April 08, 2010, 04:21:38 AM »

1. Assess your skills

Firstly, do you have all the necessary skills to run a successful business? Being a self-starter goes without saying, but do you have the drive, determination, initiative, motivation and mental and physical energy to start a business? You'll need to be a good communicator and manager, as well as creative, flexible and able to plan and make decisions under pressure.

2. Research the market

It may be your passion or hobby but is it a viable business proposition? Find out all there is to know about your market before taking the huge step of implementing your business idea. Your market research should cover the size of the market, the demand for your products/services, and your likely competitors.

3. Create a winning business plan

A good business plan is pivotal to obtaining finance and will help you to focus on where you want your business to go and how you're going to get there. It should include a description of your business and management team, information on your products/services, revenue projections and financial requirements, and marketing and operational plans.
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aniston20
Newbie
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Gender: Female
Posts: 12


« Reply #7 on: April 09, 2010, 01:42:44 AM »

1)Get professional help:On the other hand, just because you're starting a business, doesn't mean you have to be an expert on everything. If you're not an accountant or bookkeeper, hire one (or both).(These Tips for Finding a Good Accountant may be useful.) If you need to write up a contract, and you're not a lawyer, hire one. You will waste more time and possibly money in the long run trying to do things yourself that you are not qualifed to do.
2)Get the money lined up:Save up if you have to. Approach potential investors and lenders. Figure our your financial fall-back plan. Don't expect to start a business and then walk into a bank and get money. Traditional lenders don't like new ideas and don't like businesses without proven track records.
3)Be professional from the get-go:Everything about you and the way you do business needs to let people know that you are a professional running a serious business. That means getting all the accoutrements such as professional business cards, a business phone and a business email address, and treating people in a professional, courteous manner.

Have a nice day
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marlon
Sr. Newbie
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Gender: Female
Posts: 33


« Reply #8 on: April 28, 2010, 03:40:06 AM »

Hello friends

For most potential entrepreneurs, the hardest part in deciding to start a business is simply coming up with small business ideas.
The ambition and drive are certainly there – the challenge, however, is findingand feeling confident about the right business concept.
Since you've come to this website, our guess is that you've dreamed of starting your own small business for quite some time now.
Maybe a friend has succeeded in her own business. Perhaps small business ownership runs in your family. Or is it the fact that you're just bored with the daily grind?

Thanks for all friends
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jenny14
Newbie
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Gender: Female
Posts: 12


WWW
« Reply #9 on: May 15, 2010, 03:09:55 AM »

Hello Friends......

Based on our research, the three primary reasons that people who want to start a business but haven't are:

1.Fear of Failure – The fear of not succeeding simply paralyzes the potential entrepreneur.  A lack of confidence “freezes” any chance of getting started.

2.Lack of Capital – Not having enough money to fund a startup or sustain one's family during the beginning phases of the business are concerns that keep many of us locked behind our desk in a nine-to-five grind.

Thanks
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