Click here to Skip to main content
15,882,017 members
Home / Discussions / Running a Business
   

Running a Business

 
QuestionDocument Management System Pin
Gürkan Alkan18-Jun-11 0:34
Gürkan Alkan18-Jun-11 0:34 
AnswerRe: Document Management System Pin
User 418025421-Dec-15 6:08
User 418025421-Dec-15 6:08 
Questionhow to run a business successfully Pin
stylish stella19-May-11 1:38
stylish stella19-May-11 1:38 
AnswerRe: how to run a business successfully Pin
RobCroll19-May-11 4:54
RobCroll19-May-11 4:54 
AnswerRe: how to run a business successfully PinPopular
Eddy Vluggen3-Jun-11 0:38
professionalEddy Vluggen3-Jun-11 0:38 
QuestionWeb Development and Software Development Business Pin
Tech Code Freak25-Apr-11 21:14
Tech Code Freak25-Apr-11 21:14 
AnswerRe: Web Development and Software Development Business Pin
Shailesh H25-Apr-11 22:35
Shailesh H25-Apr-11 22:35 
AnswerRe: Web Development and Software Development Business Pin
amitkarnik221125-Apr-11 22:41
amitkarnik221125-Apr-11 22:41 
GeneralRe: Web Development and Software Development Business Pin
Simon_Whale25-Apr-11 23:40
Simon_Whale25-Apr-11 23:40 
AnswerRe: Web Development and Software Development Business Pin
Nurul Alim13-May-11 19:46
Nurul Alim13-May-11 19:46 
GeneralRe: Web Development and Software Development Business Pin
srinivas vadepally19-Nov-11 1:20
srinivas vadepally19-Nov-11 1:20 
AnswerRe: Web Development and Software Development Business Pin
Dalek Dave2-Jun-11 14:57
professionalDalek Dave2-Jun-11 14:57 
GeneralRe: Web Development and Software Development Business Pin
thatraja2-Jun-11 23:10
professionalthatraja2-Jun-11 23:10 
AnswerRe: Web Development and Software Development Business Pin
costavo4-Jun-11 10:55
costavo4-Jun-11 10:55 
GeneralRe: Web Development and Software Development Business Pin
itischriso13-Jul-11 16:15
itischriso13-Jul-11 16:15 
After you have answered the 'Why am I going in to business' questions, consulted the lawyer, appointed the accountant and all the other pre-implementation i dotting and t crossing, you're going to realise you need money. Lots of it. Quickly. That means customers and/or a financier.

Startups are tricky - having no track record, bank managers look to statistics to see who to lend money to. They have lots of experience, and will look at how much collateral you have, levels of debt, what your business plan says, who your target market is, what your budgets will be, and to a degree, how quickly you can start repaying them.

It is possible to create a business, without recourse to a bank (loans and overdraght and revolving credit and wot not)

It's in some ways harder - raising the capital yourself, and will require a good marketing apparatus. Also if you go this route - you will also need an even better sales apparatus. Look up Direct Response Advertising, and look toward talking to a wordsmith, or other sales consultant. If you're new to business, you may have to learn the hard way, the difference between branding, and selling. Are telemarketing campaigns legal, fax, flyers, etc in your area. No one will buy from you if they don't know you exist.

That said, those 'services' the banks offer are candy with a horrible side effect - they expect you to pay for the money you spend, and they can at their whim choose to make life difficult.

So, talk to people that are self employed - regadless of the field they are in. You will get a better perspective about business, in general. Those you talk to in your own industry have their own interests to protect, and may not give a balanced view of how to create a business, and the pitfalls.

Also, look up a man called Jim Camp. He writes a book on negotiation - called 'Start with no'

Most importantly - don't rush this decision, and good luck.

Chris
GeneralRe: Web Development and Software Development Business Pin
itischriso14-Jul-11 4:12
itischriso14-Jul-11 4:12 
QuestionFirst Message Pin
walterhevedeich25-Mar-11 2:56
professionalwalterhevedeich25-Mar-11 2:56 
AnswerRe: First Message Pin
walterhevedeich25-Mar-11 2:58
professionalwalterhevedeich25-Mar-11 2:58 
AnswerRe: First Message Pin
Prasanta_Prince16-Apr-11 7:09
Prasanta_Prince16-Apr-11 7:09 
GeneralRe: First Message Pin
walterhevedeich18-Apr-11 21:39
professionalwalterhevedeich18-Apr-11 21:39 
AnswerRe: First Message Pin
Dalek Dave2-Jun-11 14:32
professionalDalek Dave2-Jun-11 14:32 
GeneralRe: First Message Pin
walterhevedeich2-Jun-11 14:43
professionalwalterhevedeich2-Jun-11 14:43 
GeneralRe: First Message Pin
Dalek Dave2-Jun-11 14:55
professionalDalek Dave2-Jun-11 14:55 
AnswerRe: First Message Pin
Amir Mohammad Nasrollahi29-Jul-13 22:49
professionalAmir Mohammad Nasrollahi29-Jul-13 22:49 
QuestionNew Developer Setup Pin
VonHagNDaz11-Feb-11 3:20
VonHagNDaz11-Feb-11 3:20 

General General    News News    Suggestion Suggestion    Question Question    Bug Bug    Answer Answer    Joke Joke    Praise Praise    Rant Rant    Admin Admin   

Use Ctrl+Left/Right to switch messages, Ctrl+Up/Down to switch threads, Ctrl+Shift+Left/Right to switch pages.