Posted by Goody on 06/30/08 in Business
Who is an entrepreneur? Basically, the entrepreneur is a person who has the risk-taking attitude in spotting and handling opportunities for business. He therefore assumes the full responsibility of financing the business venture and running it smoothly so that it will harvest the expected result.
Posted by Goody on 06/30/08 in Finance
Both sole proprietors and partnerships can convert to a limited liability company. Until recently some states did not allow one-member LLCs. This is no longer the case. One-member LLCs are allowed in every state.
Both sole proprietors and partnerships can convert to a limited liability company. Owners of LLCs are called members, not shareholders.
Until recently some states did not allow one-member LLCs . This is no longer the case. One-member LLCs are allowed in every state.
LLCs are set up by filing articles of organization with your Secretary of State and paying a fee. Fees vary from state to state. They could be as low as $50 or over $500.
Posted by Goody on 06/25/08 in Business
Sometimes lower prices can deliver higher profits. This article explains what to look for to identify such an opportunity.
Anytime you break even on an offering, you can’t afford to charge less. But where you do make a profit, reducing your profit per unit may be useful to increasing your overall profits. What are the situations you should look at for?
First, you need to think about situations in which having customers buy more of your products and services would cost you very little. In doing this evaluation, be sure to consider what your actual costs would be rather than just what your standard costs tell you they would be on average.
Posted by Goody on 06/22/08 in Uncategorized
Are there are too many misleading things being said about the time and money needed to start an Internet Business? Get real and manage your expectations before you become disheartened and feel overwhelmed.
I read in an article today that you could start an Internet business with little to no money, have it up and running within a matter of hours, and start producing profits immediately. Fantastic. Amazing. Wow. Count me in.
But then there was a little bit on the end that said - ‘if you know what you’re doing.’
Posted by Goody on 06/15/08 in Uncategorized
Like most of us, you’re probably fed up with dealing with your boss and the usual nine-to-five grind. After months of careful research, you’ve decided to “take the plunge” and start your own business.
Like most of us, you’re probably fed up with dealing with your boss and the usual nine-to-five grind. After months of careful research, you’ve decided to “take the plunge” and start your own business. You’ve set up a great business plan and your friends and family say they are behind you one hundred percent. Now it’s time to advertise so that everyone else will know what a wonderful business you own. But where do you start?
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