What Kind of Reality Check Do I Need Quiz
Q&A for How to Start a Small Business
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QuestionHow can I start my own business with no money?Helena Ronis is Co-founder and CEO of AllFactors, a unified web analytics software to drive company's marketing and business growth. She has worked in product and marketing in the tech industry for over 8 years, and studied Digital Marketing & Analytics at the MIT Sloan School of Management Executive Program.You need investors or a small business loan. The easiest way to go about this is to find business partners that are willing to put up the money needed to start your business. You can also reach out to friends and family for help.
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QuestionHow can I learn to advertise for my small business?Christine Michel Carter is a Global Marketing Expert, Best-Selling Author, and Strategy Consultant for Minority Woman Marketing, LLC. With over 13 years of experience, Christine specializes in strategic business and marketing consulting services including market analysis, organizational alignment, portfolio review, cultural accuracy, and brand and marketing review. She is also a speaker on millennial moms and black consumers. Christine holds a BS in Business Administration and Art History from Stevenson University. She is a leader in multicultural marketing strategy and has written over 100 articles views for several publications, including TIME and Forbes Women. Christine has worked with Fortune 500 clients such as Google, Walmart, and McDonald’s. She has been featured in The New York Times, BBC News, NBC, ABC, Fox, The Washington Post, Business Insider, and Today.I recommend you research consumer data to better understand your target audience. Luckily there are many free resources available to small business owners including reports by the Census Bureau, the Department of labor, and private companies.
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QuestionWhat is the best kind of business to start?Michael R. Lewis is a retired corporate executive, entrepreneur, and investment advisor in Texas. He has over 40 years of experience in business and finance, including as a Vice President for Blue Cross Blue Shield of Texas. He has a BBA in Industrial Management from the University of Texas at Austin.The best business to start is one where customers want your product or service at a price that enables you to make a profit. Ideally, new customers are easy to attract and there are few competitors. Finally, it should be a business in which you have experience (or can be trained) and enjoy the work.
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QuestionDo I need to have a certificate and experience to open a specialized company?Michael R. Lewis is a retired corporate executive, entrepreneur, and investment advisor in Texas. He has over 40 years of experience in business and finance, including as a Vice President for Blue Cross Blue Shield of Texas. He has a BBA in Industrial Management from the University of Texas at Austin.Generally, no specific expertise or certificate is necessary to open a company. However, a certificate and experience — and license — may be necessary to operate or sell specific services to the public. Check with the Secretary of State to learn the legal requirements to offer a specialized product or service in your State.
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QuestionHow can I write a plan?Community AnswerWriting a plan is simple. You need to first have a firm understanding of your goals. Basically, a plan is a set of objectives to accomplish the goal(s). Take the end product and go back a single step and do that until you reach what you have now.
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QuestionDo I have to be a certain age to start a company or webpage?Community AnswerYou can make a company or website at any age, but you may have to be 18 to officially register your company with your state.
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QuestionHow do I protect my idea if I am a novice?Community AnswerDon't talk to people you don't trust about your idea. Consult a copyright attorney for advice on trademarking your idea.
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QuestionMy friend and I live in a golf cart community. We would like to go around and sell ice cream products from our golf carts. Is this a good idea to make money?Community AnswerIf you have a cooler that can keep the ice cream cool enough, it's a great idea.
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QuestionHow can I estimate my budget?Community AnswerConsider every detail you will need to start your small business, from insurance and product supplies to marketing and property costs. Total each item and add at least 10% to the total to accommodate for surprises.
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QuestionHow can I start a recreational center?Community AnswerCreate a business plan that outlines your funding sources, goals, staff requirements, location ideas and other details, then use it to guide the beginning of your business.
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QuestionIs it okay to start a business if I am young?Community AnswerAge isn't an issue as long as you have the money and planning skills to start your business!
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QuestionHow do I start a dog walking business?Community AnswerAsk your neighbors if they need their dog walked, and arrange times and payments if they do. Ask friends or relatives to help as needed.
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QuestionWhere can I get clothes to sell for a business?Liam SawyerCommunity AnswerYou can make your own clothes, ask people for donations, go through your own closet, buy them from thrift stores or eBay, etc. The possibilities are endless.
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QuestionHow can I start an online listening business for people who just need to talk and have someone listen to their problems?Community AnswerStart a website with daily live chats. That way, people can listen while it's happening.
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QuestionI want to make money and sell necklaces, earrings, head bands, phone cases, key chains, and wallets. How do I determine what people will buy?Community AnswerYou could try things out and see what sells. Phone cases are doing pretty well since everyone owns a smartphone these days, and people like to personalize their cases.
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QuestionShould I go to college and take business classes if I want to open a shop?Community AnswerYou don't really need to, but it wouldn't be a bad idea if you're financially capable of going to college. It would definitely help you learn how to manage your business more effectively.
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QuestionCan I start a business as a young teen with the help of a parent?Community AnswerSure! You will probably just have to use your parent's name for anything official like signing contracts, setting up social media accounts, etc. that require you to be an adult.
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QuestionI want to start a business, can you give some ideas?Community AnswerTry thinking of something you either like, or that you think is needed. A lot of successful businesses start from filling a need for the general public.
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QuestionCan I start a fish business?Community AnswerYes, you could definitely do that. You can breed fish and sell them to pet stores, friends, individuals, etc. Just make sure you have everything you need as well as the appropriate amount of space. You could also sell related items like tanks and filters.
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QuestionHow can I start a business of selling hair pieces?Community AnswerFigure out what type of hair pieces you would like to sell and decide on how to manufacture them. Once you do, you can decide on price, make a website and come up with an advertising strategy.
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QuestionCan I successfully begin a dry cleaning business by marketing door to door?Community AnswerIt is very unlikely that this will be helpful in starting a successful dry cleaning business. You will need to have other marketing tactics as well.
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QuestionHow do I start a fast food business?Community AnswerYou would still follow these instructions, but customize them to fast food. You may also find it helpful to talk to other successful fast food owners and see what tips and tricks they used/ have for you.
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QuestionHow can I start a small-scale clothing industry?Community AnswerYou should start by making and selling clothes to friends and coworkers, and perhaps set up a Facebook page, and an eBay and Etsy account.
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QuestionHow can I start a business selling plywood?Community AnswerYou can set up a website which will help you to get your business out to people. You can also promote yourself with signs, advertisements and on social media.
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QuestionHow can I start a doughnut business in Mumbai, India?Community AnswerYou can follow the steps listed in the article above, and customize them for a doughnut business.
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QuestionWhat does 'see eye to eye on the big picture' mean?Community AnswerIt means to agree on the main focus of something. For example, if you and a partner are trying to make a budget for your business, you both may have different ideas as how to itemize your expenses, but as long as you both agree to stay within the budget, you are 'seeing eye to eye on the big picture', which is keeping a balanced budget.
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QuestionHow do I start up a clothing line/store?NOBOSSCommunity AnswerIt depends on where you're getting the clothing. If you're a designer, you're making them. If you're buying wholesale, you will need to find manufacturers to buy from. Find a location for your store front, promote your business with a grand opening, and be sure to give customers a reason to keep coming back week after week. If you're designing, you will need to showcase your clothing line in fashion shows and meet with buyers of department stores, etc. You want orders to come in before you start producing.
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QuestionHow do I start a car cleaning business?Community AnswerJust start! Find people who might need their car washed. Follow the steps above, and make sure you do good work.
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QuestionCan I start a business as a teenager with my parents' help?Community AnswerYou certainly can. They may have to sign some of the legal documents for you, but other than that you can maintain full proprietorship.
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QuestionHow can I start an e-commerce business?NOBOSSCommunity AnswerDecide on the product or service you want to sell, create a website or a web store on eBay, Etsy, Amazon, etc. Promote your product or service to your target market (those that want, need, will buy it). Sell said product or service for a profit. If you're selling a product, take lots of nice pictures to use on the website and in your advertising. If you're selling a service, you will likely need images that represent the services you will perform.
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