Q. I am looking for some help. I already have the equipment for the business, I can do every type of welding, along with any type of fabrication. I have been working in the welding feild for over 10 years.
So, I have the expreiance and I have the drive it takes to work towards growing a small business. My question is how can I get steady business coming in? I don't have alot of money, so i can't really advertise all that much, I tried getting the word out (word of mouth), by making things for friends and other small businesses, but it never gave me steady business.
So again, heres my questions,
How can I go about getting a steady flow of customers?
How can I grow this business into something more than just a garage business, with out taking tens of thousands of dollars out for a business loan?
Are there any websites out there that could also help me with these question?
So, I have the expreiance and I have the drive it takes to work towards growing a small business. My question is how can I get steady business coming in? I don't have alot of money, so i can't really advertise all that much, I tried getting the word out (word of mouth), by making things for friends and other small businesses, but it never gave me steady business.
So again, heres my questions,
How can I go about getting a steady flow of customers?
How can I grow this business into something more than just a garage business, with out taking tens of thousands of dollars out for a business loan?
Are there any websites out there that could also help me with these question?
A. Hi there, i have found a website with detailed info on starting a small business. I hope u find it usefull
http://smallbiz.co.nr
http://smallbiz.co.nr
Is it hard to start your own small business from scratch?
Q. Is it hard to start your own small business from scratch for a college student. Let's say he's got an idea.
What are all the steps [areas] involved along the way until you can finally launch your own small business?
Is my question the same as entrepreneurship?
Thankyou for your answers!
side question: Is it better to just start your own business or to work for a company for the rest of your life? is it risky to start your own business but more rewarding at the end?
What are all the steps [areas] involved along the way until you can finally launch your own small business?
Is my question the same as entrepreneurship?
Thankyou for your answers!
side question: Is it better to just start your own business or to work for a company for the rest of your life? is it risky to start your own business but more rewarding at the end?
A. First, you need to develop a business plan: what is your idea/product? How will you make your product? How will you distribute your product? How will you find your customers? How will you finance your business? and so on.......
The two hardest things for a new business are finding the financing and getting the word out to potential customers.
A bank won't give you a loan just because you have an idea. However, if you show them a solid business plan that includes research on why people need your product, the current competition, and the expected sales AND they see profit potential in the business, you may be able to get a small business loan for start up. Or you can try to find an investor who will give you start up cash in exchange for a portion of the ownership of the business.
There are a LOT of steps along the way but it really depends on where you want to go. As a sole proprietorship (just you own the company), there aren't as many legal hassles but the company's income goes on your personal income taxes.
I'd recommend taking a couple of business classes in college. And accounting. Every business owner needs to know the basics of accounting.
The two hardest things for a new business are finding the financing and getting the word out to potential customers.
A bank won't give you a loan just because you have an idea. However, if you show them a solid business plan that includes research on why people need your product, the current competition, and the expected sales AND they see profit potential in the business, you may be able to get a small business loan for start up. Or you can try to find an investor who will give you start up cash in exchange for a portion of the ownership of the business.
There are a LOT of steps along the way but it really depends on where you want to go. As a sole proprietorship (just you own the company), there aren't as many legal hassles but the company's income goes on your personal income taxes.
I'd recommend taking a couple of business classes in college. And accounting. Every business owner needs to know the basics of accounting.
Do Big Businesseses start out as Small Businesses the reason Im asking this question is because the Liberals a?
Q. Do Big Businesseses start out as Small Businesses the reason Im asking this question is because the Liberals and the Democrats seem to be Anti Big Business and anti Rich/Wealthy when the in fact many Rich/Wealthy people started out as poor or lower class lower income lower middle class and became Rich/Wealthy Rags to Riches and many Small Business Owners become Big Business Owners ?
A. Yes some do, unless you have a group of business people who group together to start a big one. Look at 3 the phone network, that came from nowhere.
Do Big Businesseses start out as Small Businesses the reason Im asking this question is because the Liberals a?
Q. Do Big Businesseses start out as Small Businesses the reason Im asking this question is because the Liberals and the Democrats seem to be Anti Big Business and anti Rich/Wealthy when the in fact many Rich/Wealthy people started out as poor or lower class lower income lower middle class and became Rich/Wealthy Rags to Riches and many Small Business Owners become Big Business Owners ?
A. Some do, some are started on a large scale by already-wealthy investors.
I can't speak for liberals, but I personally believe it is unethical to expand your business to the point where you no longer personally know your employees and customers. That is not a statement advocating regulations, but rather a personal ethical preference. Even the most ardent free market capitalist must admit that Mom & Pop's Corner Store is a better shopping experience than the fluorescent hell of Wal-Mart.
I can't speak for liberals, but I personally believe it is unethical to expand your business to the point where you no longer personally know your employees and customers. That is not a statement advocating regulations, but rather a personal ethical preference. Even the most ardent free market capitalist must admit that Mom & Pop's Corner Store is a better shopping experience than the fluorescent hell of Wal-Mart.
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