Aces High Bulletin Board
General Forums => The O' Club => Topic started by: 321BAR on March 19, 2012, 03:29:41 PM
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im new to this. im thinking of a couple of business plans as a base but any business owners out there that could possibly help me out?
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I had a HVAC company for a few years, what you looking at?
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Don't have any employee's of any type that you can't trust or threaten with their life and carry out that threat.
Pay yourself a small salary and dump all extra income into the business.
PAY YOUR TAXES!
Be frugal!
Enjoy because this is the happiest I have ever been and I sweat bullets every month because I am hoping and praying that the dollars come in on time but I am still a happy man.
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im new to this. im thinking of a couple of business plans as a base but any business owners out there that could possibly help me out?
The Federal Govt. has free information for people starting small businesses.
http://www.sba.gov/
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We're from the government. We're here to help you.
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We're from the government. We're here to help you.
Ha!
Using the government's resource is vastly different than my sig line. :)
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register in new hampshire :aok
pay a business consultant so you don't F anything up.
Pray you don't fail because chances are you will.. GL tho :rock
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What type of business and in what state?
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my guess would be a sole proprietorship in MA
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Find a local tax advisor. One who is in business for himself may be the cheapest and most helpful.
A certified accountant may be expensive, but a very good option.
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Do what ya know and love to do. If you don't know anything about the business your getting into it will fail.
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thinking about business plans is good, writing them down is better, and spending a week or 2 putting it all into a spreadsheet to give you a 5yr plan is the bare minimum you should do before you comit to anything at all.
when you do it be realistic with income and expenditure in your forecasts. and then halve your income and double your expenditure. will you still be making alot more in 5yrs time than you would working for someone else? almost everbody starts up wearing rose tinted specs, and ends up broke. be aware that you'll have less spare time, holidays etc and a whole bunch of stress so make sure its going to be worth it.
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Whatever you do, don't make your business a partnership. Bad things happen.
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yup, first rule of parnerships: never get into a partnership ...
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Good luck BAR!
I mean that
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thank you everyone. ive been looking into retail and possibly a hobby store but my dad used to own one and told me the difficulties of owning a hobby business. tomorrow ill be looking into writing it all down and listening to my dads advice to owning one. idk what ill be getting into retailwise or even if i can get a loan out to be able to start a business up. thanks for the advice everyone. and trust me a partnership isnt in the future. the money is my concern at the moment to starting up and i hope i can get it. just need the plan to create what i need. theres a few ideas i have. one would be a hobby store another would be an electronics outlet but the competition in the MA area is worrisome especially with the businesses in the area
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May want to start small and sell on ebay for starters. I've seen an old-time used electronics store switch to internet only business.
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look up S C O R E they offer free consultation and offer decent seminars
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I do consulting for businesses, specifically start ups, and companies with limited assets. I am best in the field of online marketing, human resources, and financial soundness (in terms of utilizing a companies resources to best position themselves to reach their goals).
Feel free to PM me, my time and advice is free to a fellow AH'er.
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I do consulting for businesses, specifically start ups, and companies with limited assets. I am best in the field of online marketing, human resources, and financial soundness (in terms of utilizing a companies resources to best position themselves to reach their goals).
Feel free to PM me, my time and advice is free to a fellow AH'er.
thank you and will do