Best Business Advice

I wish I can tell you a ballpark figure of how much it would cost. But without knowing your specific business venture, it’s virtually impossible to say exactly how much it would cost to start your business. But I do know a variety of things you should consider in determine what that cost would be for you. Type of Business: One of the first things is to decide what type of business you are going to be in.Brick and Mortar – that means you have a physical place that you rent or purchase to start a business. Startup costs are much higher for this type of business and typically require loans to get started. Internet Business – most of your business happens online as is true for me. Startup costs can be darn near zero, but there some things to consider nonetheless. More on that below.Bricks and Clicks – Your business happens both offline (in a physical location) and online. Startup costs will depend on which side of the business you start with. There are others like MLM (multi-level marketing) where you sell other people’s products etc. which I will not go into here. First, do Your Research: Before you start any business, I would recommend talking with someone who has already been down that path: Find someone who has already started a business such as the one you have in mind. Ask them what costs are involved. Check out your local Small Business Association and they can probably help estimate the costs or help you find someone in a similar business who can help you estimate the costs. Libraries and web sites are great sources of information on the business you would like to start. Brick & Mortar...

Business Plan Sample

Having the Right Business Plan saves time, money, and perhaps your organization When your business is starting up, you’re busier than a one-armed paperhanger. You do many tasks yourself, you make-do with limited equipment and office space; you may have to short-change development or testing because of costs, and you commonly try to substitute effort for money – exhausting yourself and your employees. You know that your business would be more viable if you had capital to underwrite your small business start up costs and let you focus on making your vision a reality. But, getting capital from a bank, a venture capitalist, a granting institution or government organization requires that you have a sound, well-written business plan. You have to prepare a business plan that convinces skeptical lenders and investors that your start-up business can succeed. For the majority of start-up businesses, a formal business plan is the price of admission to capital markets. A good and believable business plan is the vehicle to successfully gain funding for start-up, for expansion, and for new products. If you don’t need additional capital an unlikely scenario for a start-up business; as a leader and manager, you should need a business plan to organize your success strategy, guide your operations, measure your accomplishments against your expectations, and share your vision with employees. It is not just investors whoever feel more secure if they believe the organization will succeed. Key questions to be answered by your business plan 1. What does your organization expect to accomplish in the next three to seven years2. In qualitative and quantitative terms, why do you believe in the marketability of your product or service3. What are your organization’s qualifications that justify the belief that you can...

Marketing Branding Consulting Business Development...

You might think the World about the product or service you’ve painstakingly developed. But if the people don’t know about it, or fail to associate the name with anything, they will not be buying it. That’s why on the internet business marketing plan are so important. It is worth putting the time, money and effort into creating an image that says who you’re and what you stand for, and then taking that image and presenting it to the widest audience possible in a manner that literally “brands” your logo into the memory of your customers. At RetailBizMD.com we show you how to do it using any clever thinking and a little cash to develop a stand-out logo that speaks loud and clear to your customers. In both on the internet business marketing plan development for branding and off-line, the name is everything As your first task, you’re going to have to think up a brand name that would gel well with your target customers. The brand name would be short, memorable and mean something that reflects back positively on your company, its products and services. A stand out logo should form the fulcrum of your brand development services strategy Having decided on the name, you now need to develop a logo that ideally but not necessarily, complements the name. What is necessary though is that the logo should stand out and tell a story of its own. The Ferrari logo with the horse super imposed on a shield speaks of royalty, speed and grace. The multi-colored Apple Inc logo on the other hand has seemingly no connection with either the products or services being offered by Apple Inc and yet, both logos have powerful stories to tell and a...

Business

Starting a home business may be a desirable way to earn an income. You have the ability to set your own work schedule and work from the comfort of your own home. Before you start a home business, you need to first consider several factors. You’ll need to establish a business plan. This may take any time to come up with, so you may want to start working on this while you are still at your current job. Your plan should include the type of opportunity that you want to join as well your income goals in the future. If you take the time to prepare a solid business plan, it will keep your business ideas moving. You’ll know your starting point and what needs to be done in order to reach your goals. You should develop a plan as to how you will make your money and how you will pay the people that you have working for you. You’ll want to consider how you will get money into your business and how to pay to your employees accordingly. Another feature to consider in starting a home based business is how to get your business to grow and expand. You may not view the need for this when you are just starting out, but in order to be successful, you’ll need to know the steps that you need to take in order to get yourself there. Location is another feature to consider. Of course there are the many benefits of keeping your home business right in your own home. If you do this, you will need to set aside a part of your home that you can use as your work space and still have it as part...

Development Business Card...

– Carry your business cards with you at all times. This sounds obvious, I know, but you would be amazed how often a business person doesn’t have business cards on hand when they are needed. Even if you manage your contacts through your PDA and you love to “beam” your contact info to others, still keep those business cards in your wallet, business card holder, pocket, briefcase, and car. – Consider having your photo printed on your business card. People like to notice who they are working with. Seeing your picture later will help them remember you. Also, it has been documented that seeing a photo on a business card and a website tends to help people develop trust faster than when they don’t notice a picture. If you’re concerned about your appearance, do something about it or get over it. Touch up your rough edges with any photo editing software if you must, but get your face out there! – Do not forget to proof read your business card before printing. Having the wrong info on your business cards can be misleading and can result in lost business. Proofread your business card details before you submit them. Double check, triple check, make sure 100% before printing that the details are correct. This easy thing could save a lot of money if you can avoid needing to reprint 1000’s of business cards with the wrong information. – Do not neglect the material and paper that your cards are printed on. A lot of attention is paid to the design and colors of a business card and the same attention should be paid to the paper and coating. Thin papers give the impression of cheapness and leave them vulnerable to...