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Thinking of setting up a new Business, need advice!!

 
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sambuff33 Reply with quote



Joined: 26 Oct 2009
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PostPosted: Mon Oct 26, 2009 2:35 am    Post subject: Thinking of setting up a new Business, need advice!!
 
Hi there,

I am not expert on this, that's why I'm asking opinion from you guys.. have you ever thought of putting online chat support in your website??

I think this information must be shared to everybody specially for us who own small business who aims to make the company bigger someday. This might give us idea increase our revenue in online marketing.

Please red this link, it's about online support. I think this information must be pass and shared to everyone.

http://onlinemarketingresource.blogspot.com/2009/10/live-chat-boosts-e-commerce-sales.html

what do you think guys??


regards,

Samantha
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Roswell88 Reply with quote



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PostPosted: Tue Oct 27, 2009 6:17 pm    Post subject:
 
Hi.. Iam newbie.
Iam planning to start a new business.
me too need advices.
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Sterling4 Reply with quote



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PostPosted: Thu Oct 29, 2009 1:21 pm    Post subject:
 
Congrates !!Have you started new business or yet to start..
You need to do lot of ground work before starting a business like preparing registration documents, generating funds, getting license, getting insurance done to your business etc.
Wish all the success for your new business.
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Russell36 Reply with quote



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PostPosted: Sat Nov 07, 2009 5:48 pm    Post subject:
 
What type of business your planning to star up...! let me know i may help you?
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benthomas Reply with quote



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PostPosted: Mon Nov 23, 2009 8:57 pm    Post subject:
 
Hi,

Please share more about your business.
And you are welcome to ask for any sort of advice here.
I really enjoy being here.
Hope you like it here too.

Regards
Ben Thomas
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axelnobel Reply with quote



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PostPosted: Sun Nov 29, 2009 6:53 pm    Post subject:
 
Thanks For Sharing such a Great Website With us
I Visit the link and I found this Really a very useful website
thanks For Sharing

Regards,
axelnobel
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axelnobel Reply with quote



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PostPosted: Mon Nov 30, 2009 5:32 pm    Post subject:
 
Hello
All too often, people go into business without any savings, exclusively using loan money from friends, banks, or the SBA. They except to be able to start paying the loans back right away with their profits. What these business owners don't realize is that it can take months or years to make a profit. And once a lender discovers a business isn't as profitable as expected, the lender is likely to call in the loan or refuse to renew it for another year. Often new business owners then have to take out home equity loans or use credit cards to pay off their loans (which puts their home and credit rating at risk). For more information, see Business Financing FAQ.

A better plan is to save up as much of the needed investment money as possible, including your living expenses for the first year, or even two. Odds are that your business won't be profitable for one to two years. Even if you get plenty of business coming your way -- and your customers pay you on time, which isn't always a sure thing -- you'll want to be able to invest most of that money back in the business for space, equipment, advertising, and insurance needs.
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smilly Reply with quote



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PostPosted: Tue Dec 01, 2009 5:17 pm    Post subject:
 
Hello
What's in a Name?

The name of your business is important because it gives an image of who you are and what you do. Try not to limit yourself with a name that will not allow you to expand your services and products as the business grows. For example: Write On Creative Writing Services covers a wide variety of writing services, where Write On Copy writing Services would imply that I only do copy writing.

Setting up your Books

I recommend that you get a separate banking account for your business. Many banks offer these at no charge if you already have your personal account with them. This will allow your customers to write a check payable to you or to the business name. I've had problems when trying to cash checks made to the business through my personal account. This is avoided by having a business account.

Record Keeping

You will need some way to keep track of your income and expenses for income tax purposes as well as to have some idea of where you stand financially with your business. I use an Excel sheet. Excel is part of the standard MS Office Suite, so most PC users have this installed on their computer. I have sent a digital handout of a sample spreadsheet you may use to keep your records. It includes a worksheet for your financial transactions, a mileage record, client time sheet, and an invoice template.
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dannyarcher Reply with quote



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PostPosted: Sat Dec 05, 2009 11:29 am    Post subject:
 
The first step when starting a new business is to check if there is enough demand for the product/services you are going to provide. Demand, market research and cost analysis can tell the feasibility of opening the desired new business.

Danny Archer
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