There is value when you look at how businesspersons started their company. While there are snippets of experience here and there, there is no real forum to describe the real experience of starting up a company. Most of what is written deal with the technical aspect of setting up the company like designing the business plan or drafting the marketing strategy, or developing marketing collaterals like brochure printing or print brochures and even...more
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Starting a business is definitely not an easy task. In order to succeed, you need to be prepared in all aspects involved such as planning, managing, and financing. In this article, lets discuss important pointers that you need to consider before plunging in a business.Developing Your Business PlanA business plan is important because it will serve as your guide in making major decisions for your business. More importantly, this document is a basic requirement when applying for business loans or business lines of credit.An efficient business plan should clearly define the type of business you own, the products and services you offer to the market, your target market, as well as your financial projections. Keep in mind that a potential lender can approve or decline your business loan application based on how sound and promising your plan is.Determining Your Business StructureIn registering your business, you should first define the type of entity you want to establish. The most common business structures are Sole Proprietorship- a business owned by an individual; Partnership- a business owned by two people or a group of people; Corporation- a business owned by shareholders;...more
Finding a credit card that suits your business can be a daunting task. With a long list of business credit cards available in the market, choosing one can be confusing. How can you choose a card that matches your business? What important factors should affect your choice? What particular features of a business credit card should you look...more
What happened to me the first 2 weeks Over the past 10 years I have always had an interest in Cash Gifting, Chain Letters and Get Rich Fast things. Always dreaming that if I could just make one of them work for me ?? I had my doubts and I passed up many many chances to join on the Ground Floor. I remember joining Amway in the 60's when they were...more
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