Tag: Own

Buy a business or start your own? Canada Business Network #new #business #idea

#own your own business ideas

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Buy a business or start your own?

Starting a business from scratch can be overwhelming for first-time entrepreneurs. If you have a great business idea and are ready to work hard to build it from the ground up, then you may wish to start your own business. But if you want to hit the ground running and avoid some of the common start-up pitfalls, then buying an existing business or a successful franchise may be a better option for you.

Starting your own business

  • Complete freedom to design and manage the business according to your vision.
  • Not bound by anyone else s rules, history or assets.
  • Opportunity to carve out a new niche in the market.
  • Can be less expensive than buying a successful business.
  • Can take time to become profitable.
  • There is no guarantee of business success and a high rate of failure for new businesses.
  • Can be more difficult to get financing because lenders or investors are taking a risk with your idea.

Buying an existing business or franchise

  • Benefit from the work that has already been done on building a brand, developing customer relationships, developing business processes and acquiring assets.
  • Can start bringing in profits more quickly.
  • Can be easier to get financing because the business model is proven.
  • The upfront investment is often higher than if you were starting your own business.
  • The previous owner and/or franchisor s business model and way of doing business may not be a perfect match with what you envision.

Learn more

If you are considering buying a business, these documents will tell you what to watch out for and help guide you through the process.

When you’re setting up your business, you need to ensure that all of your bases are covered. Consider the following steps as you navigate through the business start-up phase.

Find out what you need to know before buying a business: where to look, how to evaluate potential acquisitions, and what a fair price would be.

Learn more about buying a franchise as an option for starting a business.

Find out how to write a business plan and access templates, sample business plans, market research information and statistics.

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Homeseller – s Checklist: Expenses to Expect When Selling Your Home #selling #your #own

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Homeseller s Checklist: Expenses to Expect When Selling Your Home

Strategize for a quick and successful home sale with this all-in-one guide

In fact, if you start planning ahead of time, you may find ways to reduce some of the costs, perhaps by handling some tasks yourself or getting lots of competing bids for work.

Before the Sale: Expenses to Expect

Here are the typical upfront expenses. Some are a matter of choice, yet may be important investments in making sure your house sells for the highest amount possible — or sells at all.

  1. Painting. A new paint job is one of most cost-effective ways of freshening your house up, inside and out. If you’ve recently painted, this is less important — though if your color choices were bold or unique, you might want to tone them down with some crowd-pleasing neutrals. Your stager, if you hire one (see below) can help advise on the best colors. You can save some money by doing some of the painting yourself — hiring someone will quickly run into the thousands of dollars.
  2. Window washing. When did you last wash them — especially on the outside panes of upper floors? Sparkling windows make a surprisingly large difference to buyer perceptions. Hiring someone will cost a few hundred dollars, depending on the size and height of your home.
  3. Fixups. Which fixups are necessary (such as replacing cracked windows or stained carpeting) and which (such as major remodels) should be left for the buyer to handle is a separate discussion in itself. But there’s practically no house that couldn’t use some quick maintenance to make sure it looks well-cared for and leaves fewer items for a home inspector to comment on.
  4. Staging. It’s de rigeur in some parts of the United States, and less known in others — but staging your home, or having a decorator help declutter, reorganize, and in some cases refurnish it after you’ve moved your stuff out, can help impress buyers in a big way. In fact, studies show that buyers pay more for staged homes. Expect to pay a professional stager a few thousand dollars for their services (a bit less if some of your own furniture is usable.) For more on this topic, see Nolo’s article Is Hiring a Home Stager Worth the Cost? .
  5. Adding decorative or new items to your home (if you’re not hiring a stager). Even if you decide to save money by staging your own home, you’re almost guaranteed to have to buy things like a new doormat, new plush towels for the bathroom, flowers for the showings, and more, depending on what your house needs. Other likely possibilities include new couch cushions, area rugs, a nice table runner, and artwork to replace your wall of kids’ photos.
  6. Landscaping. Buyers are increasingly interested in the state of your garden. If it’s already fully planted, you’ll want to hire someone (or put in some sweat equity) to get it raked, pruned, and otherwise tidied up. If the area hasn’t already been landscaped, plan to add some new greenery and flowering plants. (By the way, if you plant in containers, you can take the containers with you when you move — unless they’re so big or incorporated into the property as to be considered “fixtures.”) Many sellers simply put in new sod — but do the buyers a favor and don’t leave the plastic mesh backing on it, in case the buyers want to replace it with something more interesting and environmentally friendly.
  7. Pre-inspection reports. Having a professional inspect your house for either termite/pest damage or other structural matters isn’t required. nor expected in most parts of the United States. Buyers expect to pay for their own inspectors, and in fact will probably want to hire ones they know and trust regardless of whether you’ve had the property inspected first. Yet there are situations where you might want to have the house inspected before letting buyers in — for example, if you’ve owned the property for many years and wonder whether any problems have arisen “below the hood” that you’re oblivious to, and would perhaps prefer to fix before buyers have a chance to get upset about them. Inspections will run you upwards of $200.
  8. Lights and heat while the house sits empty. If you’ll be moving out before putting your house on the market, expect to pay double utilities for a while. You’ll want to leave the lights and heat on in the house for sale, or program them to stay on during any hours that potential buyers and their agents may be stopping by the place. No one likes to enter a cold, dark house and fumble around for the light switches. Check your current bills for approximately what to expect.
  9. Extra homeowners’ insurance for the vacancy period. Check with your homeowners’ carrier. Your insurance may not apply when the home is “vacant,” which term will be defined in your policy. You can ask for a rider to cover any period of vacancy.

At Closing: More Expenses to Expect

The good news is, most of what you’ll be paying out at closing will come out of the sale proceeds. The bad news is, you’ll be saying goodbye to some big dollars.

  1. Real estate agent commissions. You, as the seller, will likely be paying the entire 5% – 6% commission, to be split between the buyer’s agent and yours. For ways to reduce this figure, see Nolo’s article Negotiate the Agent’s Commission When Selling Your House .
  2. Other closing costs or credits to the buyer. You might have agreed — based on local tradition or buyer negotiation — to pay various of the standard costs associated with closing the deal, such as fees for the escrow company; the mortgage and home appraisal; recording and transfer of the property; homeowners’ and title insurance; and more. If your local real estate market is sluggish, buyers may also ask you to pay all or a hefty portion of the closing costs, which typically add up to 2% to 4% of the selling price.
  3. Transfer tax. Your city or state may require you to pay transfer taxes, as a small percentage of the sale price.
  4. Home warranty for the buyer. Whether because the buyer requests it or to make the buyer feel secure about the home purchase, many sellers buy a home warranty on the buyer’s behalf. This is a service contract that covers repairs to appliances and certain systems within the house for the first year of ownership. It will cost about $500.
  5. Capital gains tax. If you earn less than $250,000 on your home sale (or $500,000 if you’re married and filing jointly), don’t worry — you won’t owe a thing in the way of capital gains taxes. But if you earn more than that, you’ll want to look further into the matter. Once you’ve subtracted things like the costs of preparing the property for sale from the supposed gains, you may not owe the tax. For more information, see Nolo’s article Avoiding Capital Gains Tax When Selling Your Home: Read the Fine Print .
  6. Moving costs. Asking your friends with pickup trucks to help can save you some dough — but will take a lot more time. Sometimes it’s worth paying for the deluxe treatment, where the company packs your boxes for you, transports them to the new location, and unpacks at the other end.

For more information on all aspects of marketing and selling your home, see Selling Your House: Nolo’s Essential Guide .

Talk to a Real Estate attorney.





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Own Your Own Direct Selling Company With K – B Small Business Opportunities and

#small business ideas for women

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Explore one of the best business ideas for women

In Kaeser & Blair, I not only found a lifelong business partner, but I discovered one of the best small business ideas around!

I looked at a lot of business ideas for women, but none of them were appealing to me. Kaeser & Blair offers you the ability to make a substantial income while owning your own business and selling awesome products. What could be better than that?

The best small business ideas can be found with Kaeser & Blair

Many companies – direct sale companies in particular – promote themselves as being good business ideas for women. They may offer the ability to sell products that women typically enjoy selling, or offer flexibility and freedom that allow women to work around a hectic schedule or diverse set of priorities. Many of these small business ideas sound great, but just don’t deliver on their promises.

Kaeser & Blair business owners
discuss how to make extra money.

Kaeser & Blair is different. K
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Design Your Own Custom Business Cards #business #plan #model

#business cards

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Only one promo code can be used per order. Savings will be reflected in your shopping cart. Discounts cannot be applied to shipping and processing, taxes, design services, previous purchases or products on the Vistaprint Promotional Products site, unless otherwise specified. Discount prices on digital products are valid for initial billing cycle only. Additional charges may apply for shipping and processing, and taxes, unless otherwise specified. Free offers only valid on the lowest quantity of each product and not valid on more than 2 items per order.

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Only one code may be used per order.

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Standard Business Cards

100 starting at $16.00

Lots of industry-specific designs for you to customize.

Pricing Product Specs

Quantity*

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With Brilliant Finish

Signature Recycled Matte

Blank Back Side

Black White Back Side

Color Back Side

Metal Mesh Business Card Holder

Metal Business Card Holder

With Brilliant Finish

Signature Recycled Matte

Blank Back Side

Black White Back Side

Color Back Side

Metal Mesh Business Card Holder

Metal Business Card Holder

With Brilliant Finish

Signature Recycled Matte

Blank Back Side

Black White Back Side

Color Back Side

Metal Mesh Business Card Holder

Metal Business Card Holder

With Brilliant Finish

Signature Recycled Matte

Blank Back Side

Black White Back Side

Color Back Side

Metal Mesh Business Card Holder

Metal Business Card Holder

*More quantities available at checkout

Document Trim Size

Horizontal

3.50″ x 2.00″
89 x 51 mm
1050 x 600 pixels

Vertical

2.00″ x 3.50″
51 x 89 mm
600 x 1050 pixels

Full Bleed Size

Horizontal

3.62″ x 2.12″
92 x 54 mm
1085 x 635 pixels

Vertical

2.12″ x 3.62″
54 x 92 mm
635 x 1085 pixels

Finished artwork should use the full bleed dimensions for best results.

Paper Stock:

With our new heavyweight paper stocks, your card will look fantastic. Make it really pop with our new premium matte paper or glossy stock.

Matte Stock
Get your message out there with this new and improved base stock.

Premium Matte Stock
Super improved! Get a distinguished, heavier stock. It’s thicker and sturdier than our matte stock.

Premium Glossy Stock
Add a high-gloss to the front of your card to brighten colors. Make your logo or photo stand out.

Recycled Matte Stock

100% Post-Consumer Waste, 100-lb. (265g/m2) Premium Matte Recycled Paper

Premium paper is used for our Brilliant Finishes: Raised Print, Spot Gloss and Metallic. Learn More





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The Hidden Benefits Of Owning Your Own Business #business #cards #designs

#owning your own business

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The Hidden Benefits Of Owning Your Own Business

Steve C Click here to learn how to start your own online store

Most people start their own business hoping to find the answers to a few key questions. How can I be my own boss and make money doing things that I enjoy? How can I be in control of my own destiny? How can I become wealthy and rich?

Don t get me wrong, these are all very important criteria when deciding to start any business. But with these goals in mind, many first time entrepreneurs don t fully appreciate the hidden benefits of starting their own venture. The emphasis is often placed on the results and not on the journey.

Photo By Southgeist

After all, what could possibly be more important than making money and being your own boss? The hidden benefits that I m talking about are not related to the outcome per se, but the experiences and valuable skills that are developed in the process of running any business venture. What are some of these hidden benefits?

You Will Gain People Skills

I can t think of any successful business that does not require you to deal with people. If you have poor people skills, then your business will force you to develop some.

If you are shy, your business will force you to break out of your shell. One of the beauties of taking full responsibility and accountability of your business is that it forces you do whatever it takes to be successful, even if it extends beyond your comfort zone.

I thought that I had decent people skills until I started dealing with customers. After getting yelled at a few times, I quickly realized that customer service requires a completely different skill set in itself.

Interacting with customers successfully involves carefully extracting needs vs wants and establishing business boundaries without insulting anyone in the process. It involves building trust and getting along with different personalities and tendencies.

The same skills apply when establishing partnerships with other businesses as well. Knowing how to act and what questions to ask are crucial components in defining mutual goals for you and your partner companies.

Many would be entrepreneurs fear the people aspects of business because they just don t want to deal with the drama of conflicting personalities. But interacting with people is a fact of life. You will gain people skills whether you fail or succeed, skills that are a huge asset that will apply to practically everything you will ever do.

You Will Meet New People

One of my favorite benefits of going into business is the relationships and friendships that you will develop. Sure, you will meet your fair share of unscrupulous and dishonest people, but you ll find that most people are worth getting to know.

My blog is the perfect example. In the short time that I ve written this blog, I ve already met a wide variety of friends and acquaintances that I will definitely try to keep in touch with. These people are all over the map. Some of them live in the far reaches of the world. Some of them are television stars and some of them can even perform Akashic readings.

Meeting and interacting with new people is especially satisfying because it forces you to keep an open mind. In the course of running our linens business, several of our customers have enlightened us to new ways of using our products, some of which are now proudly displayed in the art and crafts portion of our online store.

Several customers have also suggested new products for us to carry that have provided large boosts to our overall sales.

Fellow blogger friends of mine have taught me innovative methods of building an audience and new ways to structure and code different parts of my website. Others have provided me with mental support and motivation to continue on with my writing. It s literally impossible to list all of the benefits that I ve gained from meeting new people on the job .

The main thing I ve learned is to never underestimate the value of a strong network of friends. Especially in the unlikeliest of situations, you d be surprised at how often a seemingly random friend can be of assistance.

Here s a good example. My wife and I have been searching for new linen vendors for quite sometime now without much success. Just the other day, I was chatting with one of my friends who I just met online.

In the course of our conversation, I discovered that she had a good friend who used to run a linens business! She hooked us up and all of a sudden we found a new resource with a rolodex of vendors that we could contact. I love it when random circumstances turn up like this!

You Will Travel To New Places

Part of running our business requires us to travel to various places to visit our vendors. Some of our vendors are in different parts of the United States and some are in different parts of Asia. Once a year, we get to travel to these places tax free .

Last year, we visited Japan and Hong Kong and made a vacation out of it. In these harsh economic times, it might be hard to justify an overseas vacation, but our business provided us with the perfect excuse.

Saving 30% on travel and accommodations and 15% on food costs made everything more manageable from a financial standpoint and we knew that these meetings would eventually benefit our top line.

You Will Develop Your Public Speaking Skills

Who hasn t been afraid of public speaking at some point in their life? Owning your own business is the perfect way to overcome your fear of addressing crowds. Whether you are pitching your idea to someone or selling a product or idea, you will be required to address groups of people whether you feel comfortable or not.

You might suck at it at first, but over time you will gain the confidence to speak with ease in front of total strangers. I can t stress how valuable a skill this is. Running a business is all of about selling yourself and extending confidence to your customers. Powerful speaking skills can provide you with an enormous advantage when making a first impression.

I used to hate speaking to groups of people, but I actually really enjoy it now. I love the feeling of adrenaline coursing through my veins when all eyes are on me. I love the fact that I have a captive audience that is paying attention to whatever I have to say.

It s Not All About The Money

If you are a hesitant entrepreneur thinking about starting your own business, you need to take more than just the numbers into account. Once you factor in the intangibles, you ll soon realize that the personal development aspects of entrepreneurship are priceless. Really, it s a no brainer. But in order to believe it, you have to take the plunge yourself.

Ready To Get Serious About Starting An Online Business?

If you are really considering starting your own online business, then you have to check out my free mini course on How To Create A Niche Online Store In 5 Easy Steps .

In this 6 day mini course, I reveal the steps that my wife and I took to earn 100 thousand dollars in the span of just a year. Best of all, it’s absolutely free!

Success! Now check your email to confirm your subscription.





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Online College at Your Own Pace #online #college #at #your #own #pace

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Online College at Your Own Pace

Online College at Your Own Pace

If you are looking to improve your professional earning potential, move to the next step in your career, or switch professions entirely, many online degree programs offer outstanding options that might be right for you. Since you are reading this article, you no doubt are aware of all the benefits of a college degree and are committed to making progress in your personal and professional development.So, the question now is, how to do it?

Deciding Between Traditional and Online Degree Programs

When choosing the right program, degree, and field of study that will help you advance professionally, it is equally important to decide whether a traditional or an online education is optimal for you. In recent years, online education programs have been increasing in scope, complexity, availability and recognition.

Why an Online Degree Might Be a Great Choice: Go at Your Own Pace

For busy people, active professionals, non-traditional students, those with unpredictable schedules or anyone with significant responsibilities outside of school hours, an online degree can be a great choice. Ultimately, the greatest advantage of online education is that it allows you to go at your own pace, both from day to day and in the longer run. This is an advantage that professionals with full schedules and busy parents will understand.Earning an online degree at your own pace allows you to reach that all-important goal: to advance in your career without having to quit your job. Certainly, successfully completing a degree program requires time, commitment, and effort. However, online classes allow you to combine the responsibilities of earning a living with the opportunity for career advancement.

Online Classes Allow Flexibility

If you need the flexibility of being able to study from a distance, without the rigidity associated with traditional class schedules, then an online college degree is an excellent choice. When you commit to furthering your education online, you can study any time you have a computer and internet access. It can be in the middle of the night, before work, or on lunch break it’s up to you. There’s no doubt that your effort and commitment is required to succeed but with an online degree, it is ultimately your choice when, how, and where you study.

Balance Personal, Professional, and Academic Commitments

If you have family and personal responsibilities that are your top priority, then it can be hard to find time to further your education. If you have kids to take to school, a job to do all day long, and a home to run in the evening not to mention the personal life that everyone needs and deserves it can be difficult to commit to attending fixed classes that meet every week at the same time. This is another case in which an online degree permits you the ability to balance your priorities. You can adjust your educational duties to fit around your other life priorities, while still advancing in the direction of a brighter future.

Receive Personal Attention through Online Courses

Crowded lecture halls and faceless contact between students and teachers are things of the past. Students who take online courses have the opportunity to speak with their instructors whenever they need to ask specific questions or just check in to review something. It is not necessary to wait for office hours or the next class period students can send an email, online chat, or Skype their instructors to discuss their questions and concerns. This personal attention encourages each student to share and interact in order to further his or her own learning process.

Online Degrees Allow You to Choose Your Approach

An online degree allows you a more student-centered teaching approach. Everyone has his or her best ways to learn: some people learn better visually or have a photographic memory, while others may remember everything they hear in lectures. Others find hands-on approach to be best and find they learn best when they work collaboratively in groups. Whatever your learning style preference or predilection, online education can help ensure that all the material is understood optimally before you move on to the next. This flexibility allows each student an ideal learning process so you have significant input into your own progress and achievements.

Save Time, Money, and Resources by Eliminating the Commute

We understand: having yet another meeting or appointment to commute to can be a hassle, not to mention a flat-out waste of time. Busy people who have professional, familial, and personal responsibilities on their plates don’t need to add stress and take away valuable time from their already full days. Instead, online classes allow you to dedicate the time you might have spent commuting to doing your reading or finishing assignments. There’s simply no reason to spend the time and money associated with commuting if it’s not necessary. Another bonus: online classes are often not only friendly for your budget but also a responsible choice for the environment. Eliminate the needless commute go the online route and free up valuable time you can use to study.

Give Your Career a Boost with an Online Education from Florida National University

Florida National University (FNU) offers you the option of going at your own pace in its online programs for Associates, Bachelors, and Masters degrees. At the Associates level, FNU offers degrees in Accounting (AA or AS), Business Administration (AA or AS), Criminal Justice, Education, Health Services Administration, Public Administration, Paralegal Studies, and Computer Development. At the Bachelors level, FNU offers online programs in Legal Studies, Accounting, Business Administration, Criminal Justice, Health Services Administration, and Nursing. At the Masters level, FNU offers a Masters of Business Administration. Florida National University is accredited by the Southern Association of Colleges and Schools Commission on Colleges to award Associates, Baccalaureate (Bachelors), and Master degrees.

Online Education An Investment in Your Future

Investing in your higher education is ultimately an investment into your future which means your career prospects, your professional fulfillment, and your earning potential over the long-run. There is no time like today contact FNU’s academic advisors to find out more about all the options available to you in online education!

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Start Your Own Business #south #african #business #ideas, #innovative #business #opportunities, #start #your #own

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Details Hits: 454724

Learn How To Start and Run Your Own Profitable Business in South Africa

When you are the Master of your own Business, you hold your Destiny in your hands.

TRIMO® TRAINING has always provided quality courses that are affordable.

We have not revised our fees for the past 3 years, however the rising costs of materials and upgrade of equipment have forced us to increase the cost of all our courses from the 19 th of July 2017.

TRIMO® TRAINING provides affordable practical hands-on training courses. It is true that people who have their own business can make more money than someone working for a boss. Sustainable, Affordable business opportunities that can be started from home is offered by Trimo to help you start and run your own business. When you are finished with the practical training you receive a certificate of completion, a manual for the course attended and mentorship as needed.

Many of the business opportunities listed here can be started from home. You can have the best of both worlds by starting your own unique business in your spare time from your garage or home while still working at your regular job! You have the opportunity to test your business idea safely, while you still have a job and an income. Having your own business is a statement of prosperity and wealth. Respect is what you get when you own a business!

Change your life today, Invest in your future and prosper. If you do nothing, nothing will happen!

Trimo® Training offers skills training courses that will help you to start and run the following affordable, profitable and unique businesses. If you already have a business, you can benefit from the articles on the right hand side of the website.

We have more than thirty courses on offer. These courses vary in price as some courses take longer to complete and other courses are more expensive due to the nature of the course. All courses are practical hands on training courses and on completion you receive a certificate of completion.

Courses offered are listed on the left hand of this website. Please note that all courses have a certain date that the training takes place.

We offer a variety of small business opportunities that are affordable, do not require much to start and are backed by full training, mentorship and support. We have a motto on our courses “There are no stupid questions, the more you ask, the more answers you get!”

Here is a list of the current courses that we offer. Courses are rotated and provided on specific days every month. That means that you have to visit our website frequently to check if the course that you want to attend is running.

1. Learn how to make Websites for yourself and the general public.
2. Learn how to start and run a Funeral Parlour.
3. Learn how to manufacture Detergents.
4. Learn how to make different Perfumes.
5. Learn how to start a Flower Arranging business.
6. Learn how to make Laundry Bar Soaps.
7. Learn how to manufacture Washing Powder.
8. Learn how to manufacture Funeral Detergents.
9. Learn how to manufacture Car wash and wax products.
10. Learn how to manufacture Glycerine soaps.

Marketing your product
is more important than your product and services. Why? If people do not know about your business and what you offer, how can they support your business? For this reason we provide a marketing manual with every course provided.

Starting a Business will change your life and set you free. The economy needs entrepreneurs. At Trimo Training we have a saying “When you are the Master of your own Business, you hold your Destiny in your hands.” We provide business opportunities that provide full training and backup when you are looking to start a new business. Change for the better with proven advice on successful strategies for your small business. With Trimo you will know the correct steps to take as we provide you with the practical training. Practical training gives you a better chance of successfully manufacturing products that are used every day. Products do not last forever and must be re-bought all the time.

More and more people are looking for Business Opportunities. Why? Daily, frustrated men and woman throw up their hands in despair because they cannot find work or have been retrenched. Even if you do find work, it does not mean that it is yours forever! If you can risk losing your job every day, you might as well risk having your own business and making your own dreams a reality, lining your pocket instead of your boss’s pocket.

All business opportunities listed on this website include full training and support that will enable you to start and run the business that you choose. As soon as you are qualified, you will be able to manufacture the products and offer the services to the public.

Other courses that are not currently active:

1. Learn how to manufacture Hair Care Products.
2. Learn how to manufacture Bath Products.
3. Learn how to manufacture Pine Gel.
4. Learn how to manufacture Body Lotions.
5. Learn how to manufacture Body Creams.
6. Learn how to manufacture Mechanic and Car Products.
7. Learn how to manufacture Black Dip and a whole lot more.

With every business opportunity, you receive a Manufacturing Manual and a Marketing Manual. Apply for your course today!





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Starting your own business: Careers Wales #business #plan #template

#own your own business ideas

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Careers Wales

Starting your own business

Thinking about setting up a business?

Why would you work for yourself instead of working for someone else? For many the idea of “being my own boss” is appealing. You’re in charge of your own future, the one who’s in control of making the decisions. You get the opportunity to turn your ideas into practice and, with some planning, make some money from it!

However, there are also risks. Only one in three business start ups in the UK succeed in the first three years of business. So it is important that you do your research and get some help before taking this step.

Whatever your career option, there is often an opportunity to consider working for yourself. People start their own businesses in a range of areas from undertakers to journalists, lawyers to puppeteers, medical suppliers to musicians. So whether it’s something you’ve never considered before or whether you are ready to go, this page will help you assess your skills and attitudes, help you understand what it s like and put you in touch with organisations that can help you

What does it take to run your own business?

You may think it takes a certain type of person to start a business. Evan Davis, a presenter of BBC s Dragons Den, suggests that the personal qualities a typical entrepreneur would have are:

  • confidence
  • initiative
  • determination
  • resilience
  • a team worker
  • a risk-taker
  • a hard worker.

If you’ve got the right attitude, there’s no limit to what you can achieve as your own boss. We ve all heard of Sir Alan Sugar, Oprah Winfrey and Anita Roddick – all successful entrepreneurs. But don t forget the host of plumbers, shopkeepers, mechanics, hairdressers and others in your locality who also run successful, profitable small businesses.

The responsibility of being the boss can be pretty scary at first, but it doesn’t have to be too scary; not when there’s so much help and advice available to you in Wales. There’s everything from financial grants to free marketing advice. Who knows what you could achieve with the right help and some self-belief.

Do you have what it takes?

To help you reflect on your own motivation and suitability for self-employment, try the Self-employment checklist on the Prospects website.

Before you start anything, take time to think through and plan your venture.

  • What s your business idea?
    Your business idea can range from spotting a gap in the market to coming up with a brand new product or service. If you re having difficulty, ask your friends or family to brainstorm ideas with you. You may already have a great idea that just needs a little more thought and they may just add the finishing touch.
  • Do your market research
    Before starting up your own business, you should carry out market research. You ll need to work out that enough people will want to pay for your product or service for you to make a profit.
  • Write a business plan
    Use your market research findings to develop your business plan. You must have a business plan if you intend to apply for funding. Sample UK business plans are available free at BPlans.
  • Finance your business
    Read the advice given by The Prince s Trust, Shell LiveWIRE, www.startups.co.uk and business.wales.gov.uk. Also the self-employment section of the Prospects website.
  • Get free business training and start-up advice from Welsh government-funded bodies
    Get help to write a business plan, information on matters such as assessing insurance needs, tax and national insurance, and checking your legal responsibilities relating to issues such as health, staff employment and intellectual property rights.

Here are some further start-up tips that anyone starting a business would benefit from:

  • Open a separate bank account for your business and keep records of all your income and expenditure right from the beginning.
  • Start the business small, with minimum risks and costs.
  • Always be looking to improve all aspects of your business, especially by listening to your customers. You will be surprised how honest people are when you ask how you can improve your service.
  • Never stop doing your market research, checking is your Unique Selling Proposition still unique? Your Unique Selling Proposition sets you and your business apart from your competition. Put simply, it s why customers buy from you rather than from the others.
  • Provide the best customer service possible. Always treat customer complaints seriously – and put them right.
  • Don t be afraid to ask questions of people in the same business field.
  • Find friends, family members that can help you in particular aspects of your business, such as web design, graphic design, photography and press contacts.
  • Don t be afraid to try out ideas or approach new people or shops. The worst that can happen is that they say no.

Further information for starting your own business

  • Browse the AGCAS booklet Self-employment which contains useful information and contacts.
  • Start Ups provides a range of resources such as blogs, case studies, forums and podcasts to inspire would-be entrepreneurs.
  • Cobweb Information for Business publishes free practical information that helps entrepreneurs start up and run their small businesses.
  • The Prince s Trust provides grants as well as help and advice to budding entrepreneurs between 18 and 30 years of age, as does Shell LiveWIRE.
  • Enterprise4all specialises in supporting entrepreneurs from under-represented groups, such as women, people with disabilities, older people and those from ethnic minority backgrounds.
  • Disabled Entrepreneurs Network provides networking opportunities and information services for self-employed disabled people.
  • Prime Cymru is an initiative aimed at people over 50 starting their own business.




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Buy a business or start your own? Canada Business Network #owning #your #own #business

#own your own business ideas

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Buy a business or start your own?

Starting a business from scratch can be overwhelming for first-time entrepreneurs. If you have a great business idea and are ready to work hard to build it from the ground up, then you may wish to start your own business. But if you want to hit the ground running and avoid some of the common start-up pitfalls, then buying an existing business or a successful franchise may be a better option for you.

Starting your own business

  • Complete freedom to design and manage the business according to your vision.
  • Not bound by anyone else s rules, history or assets.
  • Opportunity to carve out a new niche in the market.
  • Can be less expensive than buying a successful business.
  • Can take time to become profitable.
  • There is no guarantee of business success and a high rate of failure for new businesses.
  • Can be more difficult to get financing because lenders or investors are taking a risk with your idea.

Buying an existing business or franchise

  • Benefit from the work that has already been done on building a brand, developing customer relationships, developing business processes and acquiring assets.
  • Can start bringing in profits more quickly.
  • Can be easier to get financing because the business model is proven.
  • The upfront investment is often higher than if you were starting your own business.
  • The previous owner and/or franchisor s business model and way of doing business may not be a perfect match with what you envision.

Learn more

If you are considering buying a business, these documents will tell you what to watch out for and help guide you through the process.

When you’re setting up your business, you need to ensure that all of your bases are covered. Consider the following steps as you navigate through the business start-up phase.

Find out what you need to know before buying a business: where to look, how to evaluate potential acquisitions, and what a fair price would be.

Learn more about buying a franchise as an option for starting a business.

Find out how to write a business plan and access templates, sample business plans, market research information and statistics.

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Merkel: Europeans now have to fight for their own future #politics, #merkel: #europeans #now

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While campaigning, Merkel says Europeans can’t ‘completely’ rely on US, others

Steffen Seibert, Merkel’s spokesman, addressed the comments at a Monday news conference in Berlin.

“The chancellor’s words stand on their own,” Seibert said. “They were clear and comprehensible.”

Nevertheless, Seibert said Merkel remained “a deeply convinced trans-Atlanticist.”

“Those who have accompanied Chancellor Merkel journalistically for a long time know how important the German-American relations are,” Seibert said. “They are a pillar for our foreign and security policy and Germany will continue to work on strengthening those relationships. Second point: Chancellor Merkel has said before that Europe has its fate in its own hands.”

Wary meeting

Trump failed to reassure European leaders about his commitment to combating Russian aggression with his remarks at NATO headquarters in Brussels.

The speech, delivered last Thursday resurfaced questions about Trump’s position toward Russia and drew attention again to the federal investigation in Washington.

In the address he pointedly instructed member nations to increase their defense spending.

I will make my final decision on the Paris Accord next week!

NATO leaders chafed at Trump’s lecture, which did not acknowledge member states’ recent increases in military spending nor did it include a reaffirmed US commitment to the alliance’s mutual defense pledge, in light of Trump’s disparaging comments about the alliance during his campaign.

Then at the G7 summit on Friday and Saturday, leaders including Merkel failed to convince Trump to commit to stay in the Paris climate deal.

Trump tweeted from Sicily on Saturday that he would make a final decision next week, and the US took a separate stance on climate from the other nations in the official G7 communique.

Stark contrast

Merkel met with former US President Barack Obama in Berlin prior to the NATO summit on Thursday.

Along with Obama, Merkel has been one of the most prominent voices from Western nations countering nationalist movements of the kind represented by the Brexit campaign and Trump’s policies.

At the Sunday campaign event, Merkel said that Europeans would continue to work in friendship with the US, the UK and others wherever possible, including Russia, but stressed her view that Europeans must be self-reliant.

“We need to know that we have to fight for our own future and destiny as Europeans,” Merkel said.

She went on to express solidarity with the UK against terror, following a deadly attack at a concert in Manchester, England, last week.

If her party is successful in German elections this fall, Merkel would stand for a fourth term as chancellor. Merkel closed out her Munich speech drinking a mug of beer surrounded by supporters doing the same.

CNN’s Sara Mazloumasaki and Nadine Schmidt contributed to this report.





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