How can I start a small home-based business with a low investment?
You can start a small business in less time by following the steps:Note: You can't start this business in your home as there are very few peoples that know you and your business so this is not preferred by me.You can start your business in a open market where there are large no. Of customers are available then only they can aware about your new products and business.1- Purchase a small variety of products in wholesale from a existing business.2- Sell these products to your customers with earning very low profit.3-When your products are liked by your customers purchase more and more products and sell them at a good profit.In this way you can start your own business and keep it expand after a year or more.Please upvote if you like my answer.Thankyou!
I want to start a web-based business, but I have no idea how to do it. Where should I start?
It all depends on how much money and time you want to invest. Any business you want to venture, take some efforts and knowledge. Web based business looks like an easy way out but mark my words it takes lot of research and expertise to make a successful venture. Best would be to bring your idea to an IT expert and to make it successful before you start giving up. Time is money and with help you can save lot of time and reap the benefit. Its all about money and create that next big thing possible. Easy way out would be create a Mobile App offering services or create a Social App where people exchange knowledge and later you can monetize.
What does an INVESTMENT BANKER do?
my dad, who is a financial risk manager at the local energy business, got me interested in investment bankers. i think i know the basics, like that they advise clients on stock, and that they manage stock. but i dont really know that much about them at all. i was wondering what the job entails. what would you do in the average day? i was also wondering what i should be doing to prepare myself for a career as an investment banker?
US Saving Bonds is a Safe Investment?
The current interest rate on savings bonds is extremely low. With the thought of inflation, one can not really say they are safe. You will most probably end up with less money than you began with in real terms. If you want to start with $500, there probably is no really safe investment for you. Your beginning capital just is not great enough. Might consider a 2 year CD, while you accumulate additional capital. Or you can opt to take some risk. You could opt to buy some GE shares. GE currently pays a dividend of 3.8%--about 6x that of US savings bonds and they are very likely to increase that dividend in the future. Interest on those savings bonds is stuck in neutral. Now there is risk to GE. The price of the stock might drop. The company might not do well. But today the stock is doing very well indeed. Up 2.5% as I write this. If Europe collapses GE could suffer. Will suffer. Might consider a nice relatively safe electric utility. AVA pays a dividend of 4.4% and generates most of its electricity through hydroelectric. It is a small company and might possibly be bought out be a larger utility. It also tends to raise its dividend. The current dividend is over twice what it was about 10 years ago. Might consider a company like KO--Coca Cola. If the US has a credit rating of AAA, then KO must surely have a credit rating of at least 20 A. It is that much more financially solid. Pays only 2.7% currently but its history of raising its dividend goes back over 48 years. Sort of expensive currently. It would be a much better buy at about $5.00 less per share.
I have a big web based business plan and I have completed paper work, but I have no skill to develop a website and I have no money for this. Can I go to any investor to invest on this plan, so that we may hire people and get this website developed?
I see your problem here.See if you're planning in that way as making it a large scale in the beginning itself, will be a little difficult as you don't have financial backup.I would suggest you to go and meet any small companies or even your friends or friends of friends who can make websites. Somebody would have definitely done a course on it for sure. That's the first thing you should do.Second , if its okay put it up as an add on the social network that you wan someone to design a website for them. See , some do it for free and some charge only a nominal fee. Once that is done. You can actually hire someone as your website starts getting noticed. Hire someone who is good at designing it and things like that. It will be much more easier for you to afford and also your work will be done. The problem finding investors is that , they will also get equal or even more credit than what you would have actually worked for if not today , some other day for sure.I suggest you to give it a good start without much investing now itself.
How to get small online business started?
All these ideas are fine and your thinking is correct. Starting up the business from a legal aspect is actually pretty easy. You can use LegalZoom for instance. I did and it worked great -- I set up an LLC. Next you need a good basic website with SEO... define the geography you want to cover and target your marketing. Local Chamber of Commerce is a very good place to start for "networking". Remember you need PATIENCE and perserverance and it will come. Don't expect too much too soon but stay focused and work on all aspects of the business every day within your current schedule and you will make progress. Here are some links for a good website: http://rockbridgehosting.net http://rockbridgedesigns.com (These guys specialize in small business start up packages for contractors, professionals and small business) They also have small business consulting services and provide some free I think in one of their packages. You need to go on their site and check. They might also be running a promotion with the promo code: YANSWER20 for people on this site. Not sure but it doesn't hurt to try it.