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General Business and Trading Advice Discuss general business topics NOT relating to wholesale in here. Thinking of starting a business? Need advice about a certain issue surrounding your business? Get practical advice in here.


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Old 11-05-08   #1
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Default what is a good small business to start with good chances of SUCCESS and low startup capital needed?

Also ANYTHING besides the internet I already have an internet thing going I was thinking of something like office cleaning or something anyway any ideas please?
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Old 11-05-08   #2
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Default what is a good small business to start with good chances of SUCCESS and low startup capital needed?

try http://www.uronlineincome.blogspot.com and follow anything you like....It's 100% guarantee that You'll earn more if you do it sincerely.
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Old 11-05-08   #3
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Default what is a good small business to start with good chances of SUCCESS and low startup capital needed?

I am not sure if you want to think about another business which you can run from home but which takes you out of the house to operate it, or whether you might consider one which does not mean you have to keep on chasing up new customers.There are hundreds of possible businesses, but a business requires some capital to start up so I would recommend looking for one that requires less than $500 to start, but remember it is your business and it will only be successful if you are prepared to put some amount of continuous effort into it. It will take some time to build and get an income flowing, so I would study all opportunities very closely and see if your choice has any bonus schemes which can act as cash flow as the main income stream grows.With most businesses it will take 2-4 weeks before the first income may be received, but that is normal, in fact most home based jobs will only pay monthly. But with a business the income should increase quickly as the weeks progress, in fact it is possible to be earning a significant extra income within 6 months and be financially free in 2-4 years.Some 9 years ago I got involved with a company in the second largest industry in the world – Telecommunications. What impressed me with this company was the attitude of the owners, they were already in a position where they could have retired, but they decided that they had a company that could grow and help very many people throughout the world to realise their financial dreams.This company now operates in 19 countries on 3 continents and expects to be opening up another 50 countries over the next few years. They have been featured in many publications like USA Today, Success from Home Magazine (twice), Fortune, and Inc 500 rated then the 22nd fastest growing company in the USA after their first 5 years, not only that but the 2nd most profitable.Recently the multi-billionaire Donald Trump endorsed the opportunity, calling it probably the best available in the world today.The services the company offers are local and long distance calling, Internet, Digital, Voip with video phones, Satellite TV and cell phone services with all the major cell phone providers. Now everybody knows plenty of other people who use these services in their homes every day, and this opportunity allows you to save people money on these services, but at the same time it allows you to earn a percentage of the monthly billing of all the people, who are saving money on the services you recommended, now you have created a residual based income, you get paid every month for as long as the customer continues to use the service. This can be a very profitable business as the industry turns over approximately one Trillion US dollars annually.Now just a little bit of information about myself, I am nearly 62 and spent most of my working life in traditional manufacturing companies at Director level, so I know a bit about business. What I have discovered in the last few years, I wish I had known about when I left college. It has taken me over 30 years to discover a business that I can honestly recommend to anybody, although they will have to have drive and determination to succeed.If you would like any more information feel free to email me.Douglas
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Old 11-05-08   #4
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Default what is a good small business to start with good chances of SUCCESS and low startup capital needed?

Actually, you are already on the right track. If you want a low start-up-capital business, it would most likely be a service-oriented business where you do not need to have your money stuck in holding stock/products. However, depending on where you live and whether you intend to run the business as a proper business entity (complying with tax and accounting regulation etc), part of your start up capital must be devoted to registration and /or processing fees. Office cleaning is a good service oriented business. Many offices provide their own cleaning equipment & solutions/detergents/liquids so you only provide the service. For others, you may have to invest in your own. In either case, price your service accordingly.Any business CAN be a success if you get a couple of ingredients right :- niche. Obviously going into a niche that is already saturated with competition is going to make it difficult. But that's not to say it's impossible. A better bet would be to find a niche that is less popular but still matches your skills and abillities.- pricing. When no one knows you, they are going to compare you based on one major factor - pricing. They may give your service a try just to see if you're worth it. You don't have to shoot yourself in the foot by charging lower than market value, but you CAN offer a "first-time" discount of sorts. There are lots of other ways to attract first-time customers and keep them loyal like discount cards, loyalty programs etc.- service. After your customers get over the pricing issue, they are going to judge you on your performance. Great service is what's going to set you apart from the competition. Find ways to add value to your service.- PR. This is a really subjective thing, but I've seen many a contract given to companies simply because the boss liked the person who came to see him. It didn't matter if they charged a little higher, but if you know how to push the right buttons, contracts can come your way. This is not to say that you have to suck up to your customers, but in addition to all the above mentioned points, PR is a huge part of service. When you are willing to go the extra mile and still be able to smile, then your customer is GOING to take notice.Okay, now that I'm finished with my long winded reply on how ANY business can have a good chance of being a SUCCESS, please visit this site for real, practical ideas for home based or small businesses :http://www.positivemoneyideas.comAndrew
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