Sunday, October 25, 2009

I want to start a small business opening my own hairdressing got the skills i need but dont have the money? -

Since I did my gcse i went to college doing an intro course in hairdressing and an just finished an advanced and worked part time as a trainee hairdresser and luckily moved up each year as a professional hairdresser. I am now 19 and really wish to open up my own. iv researched the Market and have the right skills to manage and train two girls aged 16 but I want to move outfrom the current hairdresser I am in. Iv analysed swot analysis on competitors etc. But I m only 19 how the hell am I gonna get the money for capital, rent, council tax etc. I could get grants but I can t just set up the hairdresser with just a grant. I could save up but my salary cant cover the cost for even a year for capital. It could take up years to save. I v not got plans to go uni. Shall I wait until I have money? My uncle is an accountant and my aunt runs her own pottery cafe got good tips from them but they can t give me money. Plus my Aunt is in the brink of bankrupt

As a small business owner, you ll struggle to get a bank loan unless you can put some of your own money up frontYou certainly sound as if you have done your homeworkWhy not speak to Business Gateway,number in the phone book, as sometimes they ll support young people towards their first own business orWhy not become a mobile hairdresser meantime, as that will keep your costs down but you ll still have your own small business.

you could be working in a curent hairdressers for now, and start saving up in your bank, and start thinking of properties while doing your current job, then take it further step by step, dont give up.

Can anyone give me some small business advice? -

I am 27 and I have a passion for baking. My sister is quite a cook as well. I have been thinking a lot (meaning for the past couple of years)about how much I would enjoy owning a bakery. There aren t that many bakeries in the town I live in (Norman,OK). Which is why I would really like to run one. A bakery that can have an edge as well as cater to the sweets lovers, and the vegans, and organic folks. I don t have professional experience and I have heard sometimes banks do look at that when considering a small business loan. Can anyone out there maybe help me with some tools and references so I can really take a serious look at this possibility? I would appreciate it.

I would stay clear of an SBA loan. The rates are very high, you would be better off self funding. I would suggest trying it out of your home before incurring the overhead of a bakery. I knew someone who baked custom cakes out of their home for birthday parties and other special events. I would start by doing something like that. Then once you have a loyal following and some revenues to show for it, you will be in a stronger position to get a bank loan (at reasonable rates). Good luck...

I recommend that you review this flowchart for small business loans - it gives information about what you need at each step.

If you can startup with your own money, it is the best way to go. However, if you need to ask for a loan, then you need to write an excellent and thorough business plan to present to a bank. Since you will be a new business, you will need to include a lot of research in yoru business plan. A business plan of 10 pages will NOT cut it. Expect it to be 30 pages + if it is done right. Since it will take you a while to write it, I highly suggest going to a library and checking out some of the books they have there on business plans. Experience is not necessary, but a plus, however if you do your homework right, it will pay off.

Is chris butler@fortebuilder.com a scam work at home business? -

they keep sending me emails for a home based work need more info about them

I ve had 2 people pitch this to me in the past couple of months.Is it a scam? No, I don t thing so. But it appears to me to be a model designed to feed off of its own sales reps.You buy product from the company.You buy marketing from the company.You buy advertising from the company.You buy leads from the company.Pretty much anything that you want to do involves giving more money to the company and that s a red flag to me.Additional red flags went up when, (in the presentation), very little time was spent talking about the products and a great deal of time was spent talking about recruiting.I didn t take them on because they did not appear to offer anything unique and I ve seen too many businesses like this go down in a very short time.Hope this helps....

I don t know but these people are anti scam and have good references, articles, and good ideas on home business. Be careful http://workathometruth.com/top-10-home-b��

Are there any home based business were i can make money at least 200 to 300 weekly without any start up cost? -

I have hundreds of friends and associates. None of the guys/girls have ever made any money on these on line ventures. If they would have they would be talking about it and I would be in on it��..SCAM

There are legitimate ways to make money online.But there are also scams...Don t fall for the get-rich-quick opportunities.I have found that many people label online opportunities as scams, because they do not know how to market their product(s).Affiliate Marketing requires no start up costs, and you can Advertise for free. Traffic, which is created through Advertising, is a Must, in anything you do online.If you are interested in finding companies listed with the BBB or you d like to learn how to market online, check out EMG s website!Good luck!

data entry is bullshit. surveys are bullshit. Affiliate Marketing is legit. Start a blog, and write some good content, and soon enough you will have visitors to it. Then you can put up some adsense ads or affiliate offers to make some money. Its not as quick and easy as most people say, they just want you to buy their ****. So everyone that put their website in their answer is hoping that you will buy what they are selling. But then again, Yahoo answers can bring a lot of traffic if you know what you are doing. my website is www.moneymakingusa.com, along with a few others. I just put that there to show you what affiliate marketing basically is. All of those links on those reviews are affiliate links, so I would get some profit if someone signed up. The one resource i really do honestly recommend is www.wealthyaffiliate.com. Thats not even an affiliate link, so I will make no profit what so ever if you sign up. Check out www.warriorforum.com ...its free. and there is a lot of good information on it.

I have found a good guide that helps me make 600-800 a month on ebayits at www.auctionmillionaire.net I was making 30-50 a month until i got this.Its not a business its a guide with a lot of tips and secrets of the ebay powersellers.It depends if ebay is of interest to you if it is this is really worth a look

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income is NEVER guaranteed with a business and any kind of business operated from home will take a long time if ever to reach that kind of income and any kind of legit business requires some start-up costs

A niche business if worked properly will thrive. I ve been self employed in a niche for years and recently started a partner program. 81 people signed up the first week. https://custom.hostpilot.com/Partner/def��Please feel free to email me with any questions.

all these so called home businesses are scams. I know this because I ve tried so many. I m a 15 year old high school student and I promise I m letting you know about a site that is actually legit. Nothing to buy or sell ...just make money doing what your already doing..Its all FREE.http://www.peoplestring.com/?u=sanjolipa��

Saturday, October 24, 2009

I need 1000 dolllars in 4 days, what can i do to earn that? -

You could go to the bank and see if you can get a loan, or maybe if you have high valuables in your home, you can pawn them.

1. Sell anything you own that s of value (jewellery etc.) - but make sure you shop around to compare from people will give you for it2. If you are currently employed, ask your employer if you can work extra hours3. Take on a second job in the evening in a bar/restaurant4. Pick up a cloth and bucket, and head out to clean cars, windows, anything that anyone will may you for5. Avoid taking on more debt at all costs - it s an extremely inefficient way of running your life as you always have to pay someone else back FAR MORE than you ever borrowed

Try some free classifieds sites to see if anyone wants to buy some things that you have. You can also try www.kangarichloans.com. Good luck - I hope you can do it!

I want to make organic make-up and sell it..? -

Do I need a Business license to do this? I want to make it myself and sell it..

you need all SORTS of things to do this aside from just a license ... first of all we don t know what country you re in, so we don t know which laws apply to you, but.. if you re in the states, you will need to have all sorts of permits, safety measures in your laboratory , pay fees to the government, have it approved as safe for human consumption and all sorts of stuff.. If you re going to put something on a person s body, you need to pay a lot of money to have the products verified as safe to use. you can t just start mixing stuff up in your bathroom sink, throw it in bottles and put it on the shelf at the grocery store. I know that is a fact, but... i don t know where to begin. i think realistically you could probably get away with doing it for a little while, but you ll need to make enough money quickly to be able to afford to pay the stuff when they catch you. that s not the best way to do business. it s better to do the research first and take care of the things before they come to YOU. let s say you have all of that in place.... the next thing you need to do is set up a limited liability company, then learn the specific differences between that and a sole proprietorship. then you need to put those things into action so you have true limited liability -which helps you in case your business fails or if you get sued. honestly a corporation is probably the BEST way to go but it costs more than you ll be making at first so not worth it immediately. once you have the LLC, you need to set up a bank account.. you need an accountant to help you handle your money. you may say i m good with money but... unless you know what a form K does then you need an accountant. one that will help with your business taxes, figure out gains and losses, business expenses vs personal, etc etc etc etc.. as far as the product yourself, you ll need to figure out how to get the supplies as cheaply as possible and how to turn a profit on them. you will need an advertising campaign (several) in order to get the word out there for your products. you will need to pay people to make the products and put them in containers and get ready for sale.. all said and done, you re looking at spending i m going to guess 15k per month between hiring 2 minimum wage employees, paying yourself, having an office, paying taxes, and all of the other crap that you have to do.... there are about a hundred things i m not listing here that you will need to pay monthly. long story short, it may COST you $7 to make 1 piece of product..... it may cost you 10... how much can you sell it for at WHOLESALE? if you sell to a retailer, they may SELL that product for $10 which means you re taking a loss by selling it to them for 5.... you re losing 50% at that rate... what i m saying i guess is... if you want to do this the right way and actually make a viable business out of it, you re going to need a LOT of start up capital, and a LOT of knowledge... you can start small, like maybe with a few thousand dollars and work from home for a while, but eventually you ll need to spend money to make money... i m mostly worried about all the crap you ll have to go through to legally sell makeup to the public though. and like i said, i don t know where to start. there are a lot of other aspects to this that i haven t gotten into, but this is a lot of info to start with.. good luck

yes, you need to start a full company with all business licensing and more, and there are strict regulations with cosmetics. visit www.cpsc.gov on all the government regulations that are required for cosmetics, including ingredient limits, testing, certification and more. it is not easy, but it is possible.

Friday, October 23, 2009

How does one inexpensively get trademark a company name and get a patent on a product? -

Hello. I am beginning a small business. I would like to trademark the name. And I have an idea that I would like to patent, as well. How do you get a patent on an idea/design and trademark a name without paying $100 s of dollars? I am a college student and any help would be appreciated!! Thank you!

The short answer to your question is: You don t. That said, you can file your business name with the state government agency in your area that records business names. That keeps others from copying it. And, you can file a provisional patent application that protects your idea for one year with the U.S. Patent Office. A regular patent application and it s LONG process takes 3 years and costs around $4000. Sorry, no short-cuts.For free and confidential business advice go to: www.score.org. A SCORE counselor in your area can help you with your planning process and it s all FREE!Good Luck!

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