by dhananjoy_roy on January 24th, 2007

dhananjoy_roy

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What is the best plan to start a business

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  • by ShellyNu on January 24th, 2007

    ShellyNu

    HAVE CAPITAL BACKUP. Like, if you have $20 to put into the business, make sure you have that or more as backup. Because if you are going to be buying stock, you will still need to cover your basic expenses like lights and water and rent etc. And then you will have to pay for your stock on top of your running expenses.
    (Yes, I've done this before, and I did it the wrong way and I learnt my lesson.)

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  • by I know the Truth on December 11th, 2008

    I know the Truth

    Write a business plan is the first step. Have at least
    6 months backup $$ in reserve. Then wait for a while until the economy improves. A lot of small business people are struggling to make it at this time.

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  • by lizzard on December 18th, 2007

    lizzard

    opening a business under an lLC it protects your personal assets and i have ann LLC and i was frustrated till i hired legal assistants to help me with forming an LLC at fbnusa.com
    try it or call them 310-455-6675

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  • by Universe Of Life on January 24th, 2007

    Universe Of Life

    Competition - similar businesses

    Availability - in your area

    Market - do you have a sellable product

    Costing - to set up

    Profit - will it be viable

    Advertising ,Marketing - selling your product

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