Small Business and Entrepreneurship

Feasibility plan looks at the realistic nature of your plan, while a business plan addresses each and every step towards making your plan a reality.

Assume you were considering selling high end widgets in your city. A feasibility study would focus on the size of your market, market share you could expect to capture, revenue generated and an estimate of your margins. You might find that the amount of these widgets you have to sell to break even is just reasonable given the size of the market.

If you discovered that it was very "feasible" to sell the number of widgets you would need to make the type of money you desire, your next logical step would be to create a business plan. A business plan includes most of what was already assessed in a feasibility study . . . PLUS much more. Operations, Logistics, Financing, Projections, Market analysis, etc.

No

The development of internet shopping.

I guess through hard work and having an eye for opportunity. The ability to spot changing and emerging trends, particularly in the electronics industry proved extremely valuable. Keeping things simple, especially in terms of advertising helped and recognising when it was time to move on to the next challenge.

small businesses in the philippines are usually a sole proprietorship type of businesses. very hard to expand and stabilize.

An entrepreneurial career will give a person a motivated sense of accomplishment. It takes a lot of hard work to begin one's own business so the rewards of financial gain would also be positive.

10 or over maybe

a businessman.........

Property dealer, Estate Agent

Absolutely. It is most often expensed as a "loan to shareholder". This classification keeps track of the fact that the money did not come from the business operations, but places it into the category of "financial expenses" instead of operating expenses. This keeps your operating picture clean.

More importantly, imho, why are you running an LLC without the use of a professional bookkeeper or CPA. The number one recipe for small business failure is attempting to do the things that "we CAN" do (most often to keep expenses down). We must resist this temptation as there are only 168 hours in a week. Focus on doing only the things that "ONLY" you can do and outsourcing the rest. Skeptical? Try it for 30 days. Your results will amaze you.

It depends on local laws which might also depend on the products or services to be offered.

Thus, this question is too general for a definitive answer.

Although, it is always good advice to consult an appropriate attorney before engaging in any business venture.

Free products

It doesn't.

The 3 most important foundations to a healthy entrepreneurship is to:

1. Be willing to go out there and start a business.

2. Have the money, time, and knowledge to start this business.

3. Have a plan B. If you fail, you have to know what to do next.

Another View:

I have been in business just under 25 years. The three most important characteristics that I feel are most important are:

1. Self Drive

Often the first three years you will make WELL UNDER minimum wage. Often you may be putting money into a business that you have spent 80 or 100 hours into rather then getting any paycheck out of. To have the drive to work 80 hours after many of us also carried jobs on the side is hard. If you are not sure you can work 100 plus hours for a year or two to get started. Don't start, it is not for you.

2. Good Vision

You must know what you are about to do with your company. All companies have one thing in common, they are there to service a need that the owner of the company sees. Having that vision for the problem and being able to stay focused on it is key. Watching that need change and adapting also requires vision. A lack of vision has buried most companies that fail.

3. A support network

Family, friends and associates that understand your vision and are there to support you. The first few years are hard. Working long hours and seeing your money dwindle is frustrating, at best. Staying focused on the prize can be much easier when you have help.

Money and those other things may be a factor, but are hardly the key. If you have enough drive and focus, you will find the cash to start. Many multimillion dollar businesses have been started with under $1000.00.

First of all styling others is an art. Make sure you know how to style YOURSELF before you start with others. Ask people, what kind of stuff clothing or makeup thier into. Even if that's just not a great look on them try to form it into something that is. Like maybe a lighter or darker shade. Just remember you have to know if you have that talent.Some people do and others don't

we should check the market requirement we should see the environment around our business place

A person who risks time, effort, and money to start and operate a business is called an entrepreneur.

BPO (Business Process Outsourcing) is a way for companies to cut costs on in office operations. Outsourcing to a company who specializes in that particular field can often provide them and their clients with better quality services. BPO is frequently used for call center operations and cold calling campaigns, like lead generation, appointment setting, and sales. Using Business Process Outsourcing for these types of departments is a great way to cut costs and increase efficiency, but cheaper isn't always better. There are many companies out there who provide services at a lower cost, while sacrificing quality service. Often using a boutique firm might be slightly more expensive than the competition at first but will provide you with more bang for your buck.

Anywhere from 24-30

use yola almost everything is free and its really good

Small businesses can create their own websites by purchasing a domain name and a web host, and using a do-it-yourself content management system readily available online to build pages. Alternatively, a small business can employ a web developer to create the website according to their specifications.

They follow the key rules

A business plan is an overall look at a business that lists areas like product overview, marketing plan, action plan and it includes financial history (if any) and financial predictions; there fore a budget. So in terms of comparing these two in the same context, a budget is a subcategory of a business plan. when talking in general, a business plan gives a comprehensive look at a company and it's objectives, while a budget shows financial planning.

i have burnt my finger many a times.

never ever even in your dreams believe these scamers.

if a home business was so simple then all the top corporate bosses who are working so hard 24X7 wouldn't be dumb enough to run around all the time.

It could be possible. It need a lot more hard work than a conventional business and not so easy as they make it seem or it sounds so.

ONCE AGAIN WARNING YOU. ! BE CAREFUL AND STEER CLEAR OF THESE SCAMERS.

becouse , they don`t feel secure of getting a profit and there is a higher risk of losing thier money.