Starting a Business

By emose123
Published 4th August 2011 | Last comment 20th April 2012
Comments
forum avatarLondon
22nd December 2011 10:15 AM
I don't think it is a good time

I don't think it is a good time

Why not? Surely depends on the business.

Cut price, discount shops, recruitment, pawn shops, etc..

boom or bust, there are always businesses that will flourish.

Steve Richardson
Gaffer of My Local Services
My Local Services | Me on LinkedIn

forum avatarLondon
22nd December 2011 10:34 AM
I was referring to business that don't trade misery. There is no consumer demand.

I found a great site that offers free advice to small and medium businesses. It is < yawn... it's my own website.com > I have used it and it helped me a lot.

This is a classic post for the online reputation thread, or the lazy marketeer...

Any more Robbie, and you'll have to ask a professional why you got banned

I've deleted the other self promotion posts. Feel free to actually contribute, but no link dumping thanks.

Steve Richardson
Gaffer of My Local Services
My Local Services | Me on LinkedIn

I would say the biggest consideration is always finance. You need to carry on living as you start you new business. You don't want to get into a position whereby you are causing stress within your family life due to finances being too streched. This will only distract you from what already is a difficult period when starting a new business. You need to be 100% focussed on making the business a success in the early days and therefore you need to ensure that finances are well planned and prepared before you start the business.

lcurrall

forum avatartaycorfinancial
8th February 2012 12:25 AM
If you are a business or company, I would suggest that you lease or financing your equipment instead of purchasing it. It saves a lot of money/working capital. You can then use that cash to grow your business in another area, and you will have the freedom to constantly upgrade your equipment. Definitely a money saving tactic!

Many factors to consider when starting a new business - some of which include motivation, finance, structure, hierarchy, and more.

Scintillion

forum avatarelitebag
8th February 2012 1:53 AM
I think much before start business.I will think how to explore customers and the fund I that I own ,how to use this limited money well for company,etc.

To start a business, you really have to be passionate about your chosen field. Your passion will motivate and carry you through thick and thin. And obviously, research, research AND research.

BFL

To start a business, you really have to be passionate about your chosen field. Your passion will motivate and carry you through thick and thin. And obviously, research, research AND research.

I was just passionate about not working for anybody else.

Thanks,
Barney

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