As long as it takes you to complete your feasibility study, prepare your business plan, gather your cash, buy what you need to buy, and arrange your business operation dealings. This will take a few weeks or many months. If you have trouble with any of these items, the time to analyze and resolve issues ought to be delivered.
I would say it should take about $50.000
If you are looking to start up your own small business but do not have the collateral to do it, then working out a small business funding plan is the next step to take. Many small businesses start as the idea of one person who has the vision of how they want to develop that idea. Unless they already have the financial stability to start this business, most of these people look at ways that they can get their small business off of the ground. There are several ways to get small business funding and choosing the right way for your business depends a lot on you and the type of small business you are running. One of the ways to get the financial boost it will need is to look for angel investors. Angel investors offer the financial backing to viable business with the aim of getting a return with profit. Some small business funding offers are extended with the proposal of taking a partnership in the company or, if they funding the majority of the small business, a larger percentage of the profits. For some business owners this works in their favor and after many years as a successful small business they are able to buy out their investor’s share. Other ways to get small business funding include approaching close friends and family to contribute money with the option to stake a claim in the small business or cash out their investment when the small business begins to make money. This is a good way to start a small business as very rarely will the loans you receive come with a deadline on the return or with any interest added to the sum. In these circumstances it is best to pay back the small business funding as quick as you can otherwise there is a risk of personal relationships turning sour. Another option for small business funding is to set up a meeting with a bank.Be prepared to present to them a forecast of profits and a small business plan. This way they know what you need the small business funding for and how much return they get.
While you cannot get a loan for small business directly from the government, you can take out a loan from a bank or other lending institution that is guaranteed by the Small Business Administration (SBA). The main loan program is called the 7(a) Loan Program, and it is designed for existing businesses and start-up businesses.
It is a general misconception that small businesses must be started in the precarious hands of an oftentimes frightening loan officer. It is always a best practice to operate all business using cash. Cash is king, and debt is dumb!
Accounting, economics, business law should do it.
14,000,000 Cris: It depends on your country and well...how 'small' you want your business to be.
It might take $850 and ranges upon the different businesses you start.
How much money it would cost to start a music store business varies with the type of business. An online business might only take 8000 dollars or so to start. A brick and mortar business would take at least 20,000 dollars with a small amount of inventory and a location in an area with decent traffic.
Please take a look at the related links section of this question for some great small business ideas.
i would suggest you take freelance work from internet and then turn into business using your skills
The internet offers many great resources for learning how to start a business in your desired state. If it's a small business you wish to start, a great place to start is the Small Business Administration (www.sba.gov). You can also visit your local bookstore for a variety of books full of information on the steps to take to ensure starting a business properly. Your local library will offer good resources as well.
depends on what buisness ,u wna start
look to buy a franchise with companies like Zip express or Nextday Delivery Service start small and grow our busiess over the years
The best thing you can do for yourself is to take a course on small business management at your local college. Pick one that will help you write a business plan. Then, when the class is over, you'll have a good idea of what you're doing, and a bank will be much more likely to give you a loan.
Well its good that you want to research before you start investing. If you really want to know how to start a business than you should take some classes and ask other small business owners for advice.
it will take about $1 to run your own business........sike i don't know how the hell i know
I would say it should take about $50.000