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Small business startup

Questions and Answers

who can make a startup plan for me?

Q) I want to start a small Gift Shop in London area. currently i'm out of U.K. Before getting there i want someone to prepare a feasiblity repor/ business startup plan/ market research report for this business. pls advice me where i can get these type of business consulting services. in London, UK.

A)

How can I find money for a small business startup with shaky credit?

Q) I am interested in starting a small transportation business in Texas and need a startup loan of about $50,000.00...I know the market well and have 100% confidence in the profits that will come immediately after startup. I have poor personal credit however, so I need to find an investor willing to take a risk on financing a very profitable business.

A) find a partner you can trust ,search around private sector for financing partner don't jump in make contract iron clad for instance 50% financing for %49%ownership for ?10 years this is not a financing offer!!! looking around your state is generally better make sure your contract i s tight observed have lookal police check up on you occasionally to make sure contract is observed this is only an idea

Small business startup help please!!?

Q) I'm really good on computers and I was thinking about doing an at home computing help business. I would be paid by cash, and it would be things like helping to install and use programs, nothing too hard. What things do I need to consider, eg licence, insurance? Ta :)

A) You would just have to register with your local courthouse, and get a DBA (Doing Business As), a license to do business in your area. I think its a great idea, people do need help in these areas. Ever hear of the Geek Patrol? Big city help like the one you want to do. I don't think you'll need insurance or bonding, but its up to the county what you will need. Paid in cash only? Sounds suspicious. Most people pay with checks for their records. Consider this.

Small business loans/startup money?

Q) How does one go about getting a small business loan or grant for startup money for a business? I guess I also need to add that this is for a tattoo shop, not sure if that makes a difference. No credit has been established yet, but you have to start somewhere!

A) You'll have to talk to a bank, but this is a good starting point for you: http://www.sba.gov/

Do you know any good small business / startup business discussion forum where I can learn a lot?

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how do i figure out small business startup costs?

A) Talk to the people at http://www.startupaddict.com Cheers.

Is there a maximum amount one can get for a small business startup bank loan?

A) SBA is $350,00 last I heard

Is there a place I can find a mentor for small business startup?

Q) I would like to start up a photography studio, but I am a very artsy person, so the paperwork and legal startup issues are tough for me to navigate.

A) There are several places where you may be able to find a mentor: 1. Government Mentoring Programs such as SBDCs, which works with community colleges and local business development councils to offer mentoring programs http://www.sba.gov/sbdc/sbdcnear.html ; or the Women's Network for Entrepreneurial Training http://www.sba.gov/womeninbusiness/wnet_roundtables.html 2. Volunteer programs such as SCORE http://www.score.org which is composed of mostly retired executives and entrepreneurs 3. Formal mentoring programs such as Athena Foundation http://www.athenafoundation.org/programs/globallinks.html Helzberg Entrepreneurial Mentoring Program http://www.helzbergmentoring.org/HEMP/ The Aspen Institute MicroMentor Program http://www.micromentor.org 4. Professional organizations such as the National Women’s Business Council http://www.nwbc.gov/Mentoring/programs.html 5. Industry and trade associations 6. Local business groups, such as the chamber of commerce 7. Local chapters of business groups

Is there anyone who can provide information about applying for a government grant for small business startup?

A) the US department of commerce runs the Small Business Administration (SBA) which is designed to encourage the growth of small businesses. however, they do not offer grants, but do offer a variety of loans here: http://www.sba.gov/financing/index.html however they do offer a list of various grant sources that may come in useful. keep in mind though, that unless you are starting a not-for-profit, getting a grant is pretty unlikely, unless you happen to serve some special interest. here is the list of grant agencies: http://www.sba.gov/financing/basics/grants.html good luck !

What is better for a small startup business..Microsoft Accounting Express or Quicken Home and Business??

A) I now make my living by straightening out bookkeeping blunders by companies that do not hire an experienced bookkeeper. I'm not familiar with the Microsoft software and haven't used quicken in years. I use Quickbooks but that has gotten more and more difficult to use but if you have any accounting background, it's easy as pie. I understand they have changed their payroll set up for 2007. QB's is flexible enough to cover any type of business except year end church donations to donors. But then, that could just be me. Most important is a clean set of books, set up properly so that your taxes and financials are correct according to accounting standards.

What's a good small startup business for me to start, and hopefully grow over a little time?

Q) I'm 22 with a college education and ready to go :D I want to work for myself, and now's the time to start.

A) It took me 3 degrees before I figured out I needed to work for myself to be happy and to earn what I was worth. I own a health/wellness home based business with TNI. This industry is forecasted to be the next trillion dollar industry and I am with the right company at the right time. I applaud you for doing this at such a young age. Good luck to you.

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