Business ideas for 2010? -

I m planning to start and run a small business preferably retail business for 2010. I had enough working with someone and wants to have more freedom in my career. Any business ideas that i could start for 2010? It doesn t have to be home business, low to moderate start up cost, and fair to high profit return.Serious answers only. thanks

If you like the idea of running a retail business then of course you would have to conduct market research, what is being very popular nowadays? who will you be competing against? how big is the group of people who might be interested in being your customers? what is selling crazy these days?how good is the location of your business?for me I d say it would be difficult to suggest any idea without any reference to your current position, but I can say that electronics are selling crazy these days.

Hi Phoc,Planning is key. In order to plan effectively, you must conduct some research. What do you need to provide your services? Who will you provide them to? Who are you competing against? What makes you better; gives you an edge ? How are you going to reach your prospects/potential clients? Answering these kinds of questions gives you a basis to begin a business plan.You can download my free research outline at www.abusinessmentor.comIt should certainly guide you in the right direction.Good Luck!

What are the different levels in the business field? Starting from the top and working to the bottom.? -

What I am trying to figure out is who is at the top of the chain (CEO, MANAGER??) and who are the people in which work below him.

First comes the Chairman who owns the company and if its a group company then the shareholders are the Directors. Below them comes the Administration Department where all the Accounts , HR, and secretarial work is included. Then comes the Supervision Department where all the Workshop and the Stores field is included. And the least is the Workforce Department where all the workers are included.

This can vary a lot, by industry or company. One set of titles might be:CEOOther C-level executives: CFO, COO, CIO...President (might be the COO)Executive Vice President(s)Vice PresidentsDirectorsManagersStaffAssistants

Is it less overwhelming to own a small business vs. owning a sport team? -

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80% of business fail within the first 3-5 years.

If you owned diamonds would you sell them for cash or would you keep them? -

In the situation i am now with the reduction of the 12-15% in my monthly payment check from January of 2010 and the 2 big loans i pay for my apartment and car i would definitely sell them but this is just me!What i know for a fact is that either if i would sell them or keep them and insurance them in a bank, i would hire a lawyer who i trust 100% to fill all the contracts for me with the lowest possible share like 4% let s say Lol Remember any lawyer from E.U. can do it as far as deal takes place in E.U. ;)God bless you and yours my man ! ( You can call me your slave if you want my man lol j/k)

I would keep them as an investment. Of course, they might also be nice to use in a ring or other piece of jewellery made especially for you!

Keep em. They ll get more valuable as time goes by.

keep