Tag: Startup

SBA Loans for Your Startup #business #hosting

#start up business loans

#

SBA Loans for Your Startup

Despite what you might see on late-night infomercials or some websites, none of the SBA s loan programs involve free money, government grants or no-interest loans. In fact, the SBA doesn t even lend funds directly to entrepreneurs–you ll need to strike up a relationship with a loan officer at your local bank, credit union or nonprofit financial intermediary to access the programs.

But once you do, there s an array of resources aimed at getting you the capital you need to start or expand your small business. Last year, more than $50 million in SBA loans were being provided per day to U.S. small businesses. For this month s column, I thought I d review the latest descriptions and eligibility criteria for the SBA s three most popular loan programs.

7(a) Loan Program
The 7(a) is the SBA s most popular loan program. As a small-business owner, you can get up to $750,000 from your local 7(a) lender, backed by a partial guarantee from the SBA. Note that the SBA is not lending you any money directly. What they are doing is making it less risky for a local lender to provide you with financing. 7(a) loans are typically used for working capital, asset purchases and leasehold improvements. All the owners of a business who hold an ownership stake of 20 percent or more are required to personally guarantee the loan.

Once your lender decides that 7(a) money is what you need, you ll probably start hearing the names of the different 7(a) programs. For example if you re borrowing less than $150,000, you may be headed toward the Lowdoc program, which was created in 1993 to reduce burdensome paperwork. A Lowdoc loan application is a one-page form; your application is on one side and the lender s request to the SBA for the guaranty for your loan is on the other. The SBA responds to Lowdoc applications within 36 hours.

The SBA Express is a program for lenders with a good SBA-lending track record. It s aimed at getting money–in this case, as much as $250,000–quickly into the hands of entrepreneurs. Based on the success of the SBA Express program, the SBA initiated CommunityExpress, specifically designed to improve access to capital for low- and moderate-income entrepreneurs and to provide both pre- and post-loan technical assistance.

Eligibility: The eligibility criteria for the 7(a) program are the broadest of all the SBA loan programs, but they re still quite restrictive for startups and businesses related to financial services. See this page on the SBA s website for a list of the types of business that are eligible. In general, all SBA programs are targeted at small companies (that is, businesses with less than $7 million in tangible net worth and less than $2.5 million in net income), but typically most banks won t lend to startup businesses that don t have two to three years worth of financial statements and some owner s equity in the business. Some banks will allow you to use money from relatives as part of your equity, but you re required to formalize these small business loans with a repayment plan that s subordinate to the bank debt.

504 Loan Program
The 504 loan program is intended to supply funds for asset purchases, such as land or equipment. Typically, the asset purchase is funded by a loan from a bank or other lender in your area, along with a second loan from a certified development company (CDC) that s funded with an SBA guarantee for up to 40 percent of the value of the asset–which is generally a loan of up to $1 million–and a contribution of 10 percent from the equity of the borrower. This financing structure helps the primary lender–the bank–reduce its exposure by relying on the CDC and the SBA to shoulder much of the risk.

Eligibility: Like the 7(a) program, the 504 program is restricted to small businesses with less than $7 million in tangible net worth and less than $2.5 million in net income. However, since funds from 504 loans can t be used for working capital or inventory, consolidating or repaying debt, or refinancing, this program tends to exclude most service businesses that need to purchase land or equipment. Personal guarantees are also required for 504 loans.

7(m) Microloan Program
The Microloan program is presently under budgetary review, and the political winds aren t currently blowing in its favor. The program is intended to provide small loans of up to $35,000 that can be used for a broad range of purposes to start and grow a business. Unlike the 7(a) program, the funds to be loaned don t come from banks; rather, they come directly from the SBA (now you know why it s unpopular with the folks in charge of the budget) and are administered to business owners via nonprofit community-based intermediaries. To find the name of an intermediary micro-lender in your area, visit this page of the SBA s website.

Eligibility: The Microloan program is startup friendly. All new businesses are eligible to apply. Although the maximum loan amount is $35,000, the average loan is approximately $10,000. The only catch is that Microloan borrowers typically have to enroll in technical assistance classes administered by the micro-lender intermediaries. For some entrepreneurs, this is a very helpful resource that provides cost-effective business training. Others, however, perceive it as a waste of time, although it s a necessary pre-condition to getting a Microloan.

Although I promised reviews of just the three top SBA loan programs, I didn t want to fail to mention two other special purpose loan programs targeted at serving particular types of businesses. The Export Working Capital Program provides short-term working capital to small, export businesses, and the DELTA program provides both financial and technical assistance to help businesses dependent on defense installations transition to civilian markets. You can log on to the SBA s website to learn more about these two programs.

The long and short of it is, if you need small-business loan capital, there s probably an SBA program out there for you.





Tags : , , , ,

Startup Company Name Generator #cleaning #business

#business name generator

#

Startup Company Name Generator

SIMILAR

Generate highly relevant name suggestions which are closely related to the primary keywords searched for. Some of the methods used for the task are as follows

  • Synonyms, Antonyms and others using Thesaurus
  • More suggestions using words that co-occur much more often than normally expected (also known as collocations) and words that often form a continuous sequence in a text or speech (also known as n-grams)
  • With 6 million word relations database
  • Real World Intelligence which takes into account nearby places, languages, similar products etc. Check these examples – (california. mclaren. mac )

Sometimes you might want to limit these alternative suggestions to one of the keywords or have keywords follow some characteristics based on length or starting and ending sequences. In these cases, you can use some special characters with your keywords :-

  • To make sure the your keyword is never replaced or removed in the generated company name, you can use the ‘*’ character with keyword.

For example,. generating names for the keywords ‘cool* company’ will make sure that the word ‘cool’ is not substituted, whereas the keyword ‘company’ will be replaced with other similarly related words like business, firm, enterprise, brand etc

  • For inspiration, you can use ‘?’. which matches any character.

    For example. For dictionary words comprising of 4 letters you can use ‘. ‘ as the keyword in the input box. If you specify partial characters like ‘a. ‘, this will generate dictionary words of length four and starting with letter ‘a’.

    These options can be used multiple times within the same query.

    NEW

    New gtlds domain availabilty check tool. The internet is changing with the launch of new gtlds like .company. business. enterprises. brand which allows for more possibilities into getting the domain names you have always wanted. Currently, supporting hundreds of new gtlds. Gtlds related to your keywords are generated and checked.

    SEO

    SEO can be a very important factor for your new company name. Using main keywords can help users understand your business very well. This will suggest name ideas while preserving your main keywords. Some of the ways to generate SEO domain ideas are as follows

    • Very short additions to entered name like adding i, my, the, a, e as prefixes and adding me, it as suffixes. Hundreds of these popular prefixes and suffixes including dictionary words are used to generate company names including your main keywords.
    • Words that can be derived from the root of your keyword, mostly including present, future, past and nouns which are dictionary words are generated.
    • You can also tell the generator to use all dictionary words containing some sequence of letter by using *. followed by the sequence of letters. For example:- ‘*k’ will include small dictionary words having the letter ‘k’

    SHORT





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  • How to Find the Right Business Partner for Your Startup #business #printing

    #business partner

    #

    How to Find the Right Business Partner for Your Startup

    Starting a business is notoriously difficult, and going it alone can make those challenges even harder to overcome. That s why many entrepreneurs choose to launch their company with one or more business partners who can help lighten the load.

    Finding good business partners is critical to success, said Sherry Fox, co-founder and chairman of LumiWave. There are many different types of partners, from someone who works with you side by side to build your business, to individuals or companies who contribute in specific areas, such as marketing, engineering, etc. Every person or entity that interacts with your business is a partner in some way and affects your ability to succeed.

    I believe there is strength in numbers, added Carlo Ruggiero, co-founder of the U.S. branch of European pizza franchise Kono Pizza. When multiple partners share the same vision, the result is a stronger and more unified team.

    But you can t just choose anyone to be your partner; you need to be able to work with that person day in, day out, and both of you must be able to focus on the business s objectives.

    Sabrina Parsons, CEO of Palo Alto Software. likened a business partnership to a marriage. Your partner is such an important piece of [your] success, and many times, bad partnerships lead to bad business, she said.

    If you need a partner but aren t sure where to start, here s how to find, evaluate and work with a prospective business partner. [See Related Story:Choosing a Business Partner? 4 Qualities to Look For]

    Look to your network first

    Our expert sources agreed that an entrepreneur s connections are the best candidates for potential business partners.

    Reaching out to your professional network can provide a rich list, said Jon Weston, CEO of LumiWave and Fox s business partner. I ve received good information and direction from the diaspora of my [previous] companies. General networks or online community groups are too anonymous to find good feedback.

    Referrals from trusted colleagues also can be helpful, Fox added. However, Weston cautioned that you should gauge the person making the referral before considering his or her recommendation.

    Evaluating a business partner

    Once you ve found someone who could be a great potential business partner, how do you evaluate whether that person is truly the right fit? One of your first considerations should be how your personalities, backgrounds, values and experiences complement each other.

    While you want a partner that will work well with your culture and style, you don t want a clone, either you want a partner who can fill in the gaps, Weston said. That is the tension you need to look for.

    Similarly, Ruggiero said he and his co-founders, David Ragosa and Greg Kinlaw, needed the right combination of personalities and skills to succeed.

    [Our] differences allow us to approach each situation in multiple ways, he told Business News Daily. David and I are the go-getters. Greg provides a great balance he is an expert at taking our crazy ideas and making sure we have the numbers to back them. We are constantly learning from each other and are able to use these exchanges to positively influence our business.

    However, getting along well isn t enough to ensure a successful partnership. No matter how well you know your potential partner, you re still running a business and thus need to take the appropriate precautions to ensure that any partnership is a smart decision. Weston noted that thoroughly researching your partner is an important part of this process.

    Do your due diligence, Weston said. You can do a lot [by] just Googling. Most people and organizations leave a digital trail. Dive into the legal databases. Ask for references, but also research any clients they have worked with or been associated with, and contact them.

    Fox agreed, noting that you should vet a partner carefully with all sources available, such as LinkedIn, company websites and former partners. Parsons also advised formally interviewing a prospective partner to better understand his or her skill set.

    Finally, before you sign any legal agreements, you must understand how you and your partner will handle a variety of business situations. This is something to discuss at length during your evaluation phase.

    Make very clear [written] agreements that take into consideration what happens when things go well and when things go poorly, Parsons said.

    Talk openly and frankly about who you are and what you want, Fox added. Spend significant time exchanging ideas and concepts, [and] understand their. short-term and long-term [goals]. Do you agree on the end game?

    Making a partnership work

    Think you ve found the perfect business partner? Based on their experiences, our sources offered a few pieces of advice for a fruitful and productive partnership.

    Define your respective roles. Clearly defining your roles within the company ensures that each partner s time is spent effectively, Ruggiero said. This will prevent partners from stepping on each other s toes and will ultimately save the company money.

    Measure your success. Fox recommended that potential business partners work together on a trial basis to test out how well the partnership might work.Set up some parameters and milestones, and make sure what you thought about the potential partner is reality, she said. From there, conduct frequent reviews to make sure you are still on the same page.

    Communication is key. Constant honest and open communication is a must. When problems arise, they need to be solved by both (or all) business partners. Ruggiero reminded entrepreneurs that at some point, each partner will make a mistake, and you cannot be afraid to bring it up. Each partner needs to do what s best for the business, he said, and part of doing this is eliminating any negative emotions to avoid a dispute if someone points out a mistake.

    Trust your gut. If something doesn t feel right, it probably isn t. Weston recalled little red flags that popped up in conversations with potential partners.

    Some things don t quite mesh or add up in the back of your mind. Trust this, he said. It is easier to walk away and be picky than pick up the pieces later.

    Some source interviews were conducted for a previous version of this article.

    Nicole Fallon Taylor

    Nicole received her Bachelor s degree in Media, Culture and Communication from New York University. She began freelancing for Business News Daily in 2010 and joined the team as a staff writer three years later. She currently serves as the managing editor. Reach her by email. or follow her on Twitter .

    You May Also like

    4 Common Leadership Mistakes (And How to Avoid Them)

  • Beating the Odds: 4 Steps to Startup Success





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  • SBA Loans for Your Startup #business #mentor

    #start up business loans

    #

    SBA Loans for Your Startup

    Despite what you might see on late-night infomercials or some websites, none of the SBA s loan programs involve free money, government grants or no-interest loans. In fact, the SBA doesn t even lend funds directly to entrepreneurs–you ll need to strike up a relationship with a loan officer at your local bank, credit union or nonprofit financial intermediary to access the programs.

    But once you do, there s an array of resources aimed at getting you the capital you need to start or expand your small business. Last year, more than $50 million in SBA loans were being provided per day to U.S. small businesses. For this month s column, I thought I d review the latest descriptions and eligibility criteria for the SBA s three most popular loan programs.

    7(a) Loan Program
    The 7(a) is the SBA s most popular loan program. As a small-business owner, you can get up to $750,000 from your local 7(a) lender, backed by a partial guarantee from the SBA. Note that the SBA is not lending you any money directly. What they are doing is making it less risky for a local lender to provide you with financing. 7(a) loans are typically used for working capital, asset purchases and leasehold improvements. All the owners of a business who hold an ownership stake of 20 percent or more are required to personally guarantee the loan.

    Once your lender decides that 7(a) money is what you need, you ll probably start hearing the names of the different 7(a) programs. For example if you re borrowing less than $150,000, you may be headed toward the Lowdoc program, which was created in 1993 to reduce burdensome paperwork. A Lowdoc loan application is a one-page form; your application is on one side and the lender s request to the SBA for the guaranty for your loan is on the other. The SBA responds to Lowdoc applications within 36 hours.

    The SBA Express is a program for lenders with a good SBA-lending track record. It s aimed at getting money–in this case, as much as $250,000–quickly into the hands of entrepreneurs. Based on the success of the SBA Express program, the SBA initiated CommunityExpress, specifically designed to improve access to capital for low- and moderate-income entrepreneurs and to provide both pre- and post-loan technical assistance.

    Eligibility: The eligibility criteria for the 7(a) program are the broadest of all the SBA loan programs, but they re still quite restrictive for startups and businesses related to financial services. See this page on the SBA s website for a list of the types of business that are eligible. In general, all SBA programs are targeted at small companies (that is, businesses with less than $7 million in tangible net worth and less than $2.5 million in net income), but typically most banks won t lend to startup businesses that don t have two to three years worth of financial statements and some owner s equity in the business. Some banks will allow you to use money from relatives as part of your equity, but you re required to formalize these small business loans with a repayment plan that s subordinate to the bank debt.

    504 Loan Program
    The 504 loan program is intended to supply funds for asset purchases, such as land or equipment. Typically, the asset purchase is funded by a loan from a bank or other lender in your area, along with a second loan from a certified development company (CDC) that s funded with an SBA guarantee for up to 40 percent of the value of the asset–which is generally a loan of up to $1 million–and a contribution of 10 percent from the equity of the borrower. This financing structure helps the primary lender–the bank–reduce its exposure by relying on the CDC and the SBA to shoulder much of the risk.

    Eligibility: Like the 7(a) program, the 504 program is restricted to small businesses with less than $7 million in tangible net worth and less than $2.5 million in net income. However, since funds from 504 loans can t be used for working capital or inventory, consolidating or repaying debt, or refinancing, this program tends to exclude most service businesses that need to purchase land or equipment. Personal guarantees are also required for 504 loans.

    7(m) Microloan Program
    The Microloan program is presently under budgetary review, and the political winds aren t currently blowing in its favor. The program is intended to provide small loans of up to $35,000 that can be used for a broad range of purposes to start and grow a business. Unlike the 7(a) program, the funds to be loaned don t come from banks; rather, they come directly from the SBA (now you know why it s unpopular with the folks in charge of the budget) and are administered to business owners via nonprofit community-based intermediaries. To find the name of an intermediary micro-lender in your area, visit this page of the SBA s website.

    Eligibility: The Microloan program is startup friendly. All new businesses are eligible to apply. Although the maximum loan amount is $35,000, the average loan is approximately $10,000. The only catch is that Microloan borrowers typically have to enroll in technical assistance classes administered by the micro-lender intermediaries. For some entrepreneurs, this is a very helpful resource that provides cost-effective business training. Others, however, perceive it as a waste of time, although it s a necessary pre-condition to getting a Microloan.

    Although I promised reviews of just the three top SBA loan programs, I didn t want to fail to mention two other special purpose loan programs targeted at serving particular types of businesses. The Export Working Capital Program provides short-term working capital to small, export businesses, and the DELTA program provides both financial and technical assistance to help businesses dependent on defense installations transition to civilian markets. You can log on to the SBA s website to learn more about these two programs.

    The long and short of it is, if you need small-business loan capital, there s probably an SBA program out there for you.





    Tags : , , , ,

    Startup Business Loans #business #ideas #for #college #students

    #start up business loans

    #

    Startup Business Loans

    Finding the money to finance a startup is one of the toughest tasks a new business owner can face. While you might have an extraordinary idea for a business, and even a solid business plan. you may not qualify for a traditional bank loan. Banks generally don’t lend money to businesses without an abundant credit history, a proven track record of at least two or three years, and/or an owner’s equity stake in the business.

    Why are startup business loans so hard to come by? For one thing, lending money to startups is considered riskier than to established businesses because without evidence of a company’s ability to succeed, there’s a smaller chance the business will be able to repay the loan. However, nonprofit organization, Accion can help fund your startup business.

    Odilon Celestin, founder of C M Bakery. came to Accion for a loan. He says, “When I started creating my business in 2004, I had no money and no credit. Accion helped with a loan to launch the bakery. It was the best thing I could imagine. They helped me with business development and strategies, too. Now I have 16 employees and my own line of jellies and sauces, which I distribute in other markets as well. And my bakery seats 100 people.”

    Part of Accion’s mission is to help small business owners acquire the financing they need to reach for their dreams. When Accion lends capital to your business, you will also gain access to advice and support as you get your business off the ground. We’ll even help you get “loan ready” if you aren’t already. Accion provides the type of relationship and level of service that you just won’t find with other online lenders.

    Accion can help you with funding for:

    • purchasing inventory
    • buying or leasing equipment
    • professional expenses
    • hiring employees
    • financing any of the many expenses involved with being an entrepreneur

    If you’re in need of financing to start your business, then contact us at 415-636-8200. Read on for more information on how to apply for a loan .

    Quick FAQ About Our Loan Process

    Q: How long will it take me to complete the loan application?

    A: Our loan application can be completed in about 15 minutes.

    Q: How much money can I borrow?

    A: Loan amounts vary by geography. but range from $300-$1,000,000. Accion’s average loan amount is $10,000.

    Q: What if I need help?

    A: We’ll give you personalized attention and guide you through each step of the loan process. For loan inquiries, please call 415-636-8200.

    Q: How do I figure out if I qualify for a loan?

    A: Our requirements are flexible and often make it possible to lend to those who have previously been unable to find financing. Not sure if you qualify? Click here to find out.

    More questions? Read our full FAQ or contact us at 415-636-8200. Want proof that Accion is the right lending partner for your startup? 97% of our borrowers are still in business a year after they get their loans. Apply now and turn your dream into reality.

    Have Questions?





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    Small Business Startup Guide #free #business #software

    #small business startup

    #

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    How to Find the Right Business Partner for Your Startup #sba #financing

    #business partner

    #

    How to Find the Right Business Partner for Your Startup

    Starting a business is notoriously difficult, and going it alone can make those challenges even harder to overcome. That s why many entrepreneurs choose to launch their company with one or more business partners who can help lighten the load.

    Finding good business partners is critical to success, said Sherry Fox, co-founder and chairman of LumiWave. There are many different types of partners, from someone who works with you side by side to build your business, to individuals or companies who contribute in specific areas, such as marketing, engineering, etc. Every person or entity that interacts with your business is a partner in some way and affects your ability to succeed.

    I believe there is strength in numbers, added Carlo Ruggiero, co-founder of the U.S. branch of European pizza franchise Kono Pizza. When multiple partners share the same vision, the result is a stronger and more unified team.

    But you can t just choose anyone to be your partner; you need to be able to work with that person day in, day out, and both of you must be able to focus on the business s objectives.

    Sabrina Parsons, CEO of Palo Alto Software. likened a business partnership to a marriage. Your partner is such an important piece of [your] success, and many times, bad partnerships lead to bad business, she said.

    If you need a partner but aren t sure where to start, here s how to find, evaluate and work with a prospective business partner. [See Related Story:Choosing a Business Partner? 4 Qualities to Look For]

    Look to your network first

    Our expert sources agreed that an entrepreneur s connections are the best candidates for potential business partners.

    Reaching out to your professional network can provide a rich list, said Jon Weston, CEO of LumiWave and Fox s business partner. I ve received good information and direction from the diaspora of my [previous] companies. General networks or online community groups are too anonymous to find good feedback.

    Referrals from trusted colleagues also can be helpful, Fox added. However, Weston cautioned that you should gauge the person making the referral before considering his or her recommendation.

    Evaluating a business partner

    Once you ve found someone who could be a great potential business partner, how do you evaluate whether that person is truly the right fit? One of your first considerations should be how your personalities, backgrounds, values and experiences complement each other.

    While you want a partner that will work well with your culture and style, you don t want a clone, either you want a partner who can fill in the gaps, Weston said. That is the tension you need to look for.

    Similarly, Ruggiero said he and his co-founders, David Ragosa and Greg Kinlaw, needed the right combination of personalities and skills to succeed.

    [Our] differences allow us to approach each situation in multiple ways, he told Business News Daily. David and I are the go-getters. Greg provides a great balance he is an expert at taking our crazy ideas and making sure we have the numbers to back them. We are constantly learning from each other and are able to use these exchanges to positively influence our business.

    However, getting along well isn t enough to ensure a successful partnership. No matter how well you know your potential partner, you re still running a business and thus need to take the appropriate precautions to ensure that any partnership is a smart decision. Weston noted that thoroughly researching your partner is an important part of this process.

    Do your due diligence, Weston said. You can do a lot [by] just Googling. Most people and organizations leave a digital trail. Dive into the legal databases. Ask for references, but also research any clients they have worked with or been associated with, and contact them.

    Fox agreed, noting that you should vet a partner carefully with all sources available, such as LinkedIn, company websites and former partners. Parsons also advised formally interviewing a prospective partner to better understand his or her skill set.

    Finally, before you sign any legal agreements, you must understand how you and your partner will handle a variety of business situations. This is something to discuss at length during your evaluation phase.

    Make very clear [written] agreements that take into consideration what happens when things go well and when things go poorly, Parsons said.

    Talk openly and frankly about who you are and what you want, Fox added. Spend significant time exchanging ideas and concepts, [and] understand their. short-term and long-term [goals]. Do you agree on the end game?

    Making a partnership work

    Think you ve found the perfect business partner? Based on their experiences, our sources offered a few pieces of advice for a fruitful and productive partnership.

    Define your respective roles. Clearly defining your roles within the company ensures that each partner s time is spent effectively, Ruggiero said. This will prevent partners from stepping on each other s toes and will ultimately save the company money.

    Measure your success. Fox recommended that potential business partners work together on a trial basis to test out how well the partnership might work.Set up some parameters and milestones, and make sure what you thought about the potential partner is reality, she said. From there, conduct frequent reviews to make sure you are still on the same page.

    Communication is key. Constant honest and open communication is a must. When problems arise, they need to be solved by both (or all) business partners. Ruggiero reminded entrepreneurs that at some point, each partner will make a mistake, and you cannot be afraid to bring it up. Each partner needs to do what s best for the business, he said, and part of doing this is eliminating any negative emotions to avoid a dispute if someone points out a mistake.

    Trust your gut. If something doesn t feel right, it probably isn t. Weston recalled little red flags that popped up in conversations with potential partners.

    Some things don t quite mesh or add up in the back of your mind. Trust this, he said. It is easier to walk away and be picky than pick up the pieces later.

    Some source interviews were conducted for a previous version of this article.

    Nicole Fallon Taylor

    Nicole received her Bachelor s degree in Media, Culture and Communication from New York University. She began freelancing for Business News Daily in 2010 and joined the team as a staff writer three years later. She currently serves as the managing editor. Reach her by email. or follow her on Twitter .

    You May Also like

    4 Common Leadership Mistakes (And How to Avoid Them)

  • Beating the Odds: 4 Steps to Startup Success





    Tags : , , , , , , , , ,
  • Startup Britain #new #small #business #loans

    #start up business

    #

    The national enterprise campaign

    Join the StartUp Tour

    Yuliana Topazly: My experience on the StartUp Tour 2016

    After becoming a StartUp Britain champion couple years ago Yuliana really enjoyed meeting entrepreneurs, offering advice, letting them know about other local initiatives they may take advantage of and see them grow. Yuliana says: ‘Every day is different, following and

    StartUp Britain visits Glasgow

    On Monday 21st June, a beautiful 1966 Routemaster bus visited the city of Glasgow with local business support agencies to talk to new and aspiring entrepreneurs. The StartUp Britain bus was on the first stop of its Scottish leg before going on

    Three Crucial Components of a Successful International Business Growth Strategy

    According to Internet Live Stats, around 40% of the world’s population has an internet connection. This gives your business the opportunity to appear in front of literally billions of people! Of course, growing your business internationally is about far more





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    Top 10 Weekend Business Ideas with Little to No Startup Costs #stock #prices

    #weekend business ideas

    #

    Tour Guide

    Those lucky enough to live in a tourist hotspot could start a business as a weekend tour guide. Walking tours are all the rage, and lend themselves to unique themes. Bike around historic districts, and learn the hidden stories in cobbled streets and family businesses. But before you start collecting fees, talk to your city tourism department about leading tours. No doubt they’d be happy to give you permission to promote tourism in the area, and may even help you plan lucrative routes. Once you’ve become established, consider compiling your expertise into podcasts or guidebooks, or even investing your profits in a fleet of Segways. Segway tours typically charge $60 or more per person.

    Farmer’s Markets

    Demand for local food is in full swing. Take advantage of the local food craze by starting a business selling at farmer’s markets. Visit your local farmer’s market and talk to the Market Master: she can tell you what’s overdone (tomatoes) and what’s in demand (honey, perhaps). Spend a few hours during the week preparing your wares, and sell all day on Saturday, Sunday or both. This business idea can require some advance work, but the benefits are rich. Build relationships with customers and bring them pleasure with your crisp green beans or heavenly baked goods. This piece on Ideas for Rural Businesses here on Bright Hub can get you started. For the skinny on selling on Farmer’s Markets, see my other article called How to Sell at Farmer’s Markets .

    Want to start a small weekend business that you can run out of your home, investing as much – or as little – time and money as possible? Check out these weekend business ideas.

    Freelance Writer

    Everyone is an expert at something. If you’re a good writer, translate your passion into a weekend business by writing freelance content for websites, travel agencies, entrepreneurs and more. Develop a specialty, like writing business plans or How-To guides, and network with local businesses and organizations to provide high-quality copy. If there’s not much in your area, search Craiglist and other sites that list online freelance writing jobs. Freelance writers can work from home and set their own hours, but it’s up to you to market your skills and keep up a steady stream of work. Beginning pay is low until you build up a quality portfolio of work.

    Teach DIY Skills

    Handy with a power saw? There’s a DIY novice who would pay to learn your skill. Demand is especially high around all those independent women who would love to learn how to fix their own leaky faucets without calling their dad. See if you can rent a woodwork classroom at a school or community college, or set up more informal classes in your own garage. Organize workshops around themes: putting up shelves and pictures, plumbing problems, and painting tips. DIY classes can be a satisfying weekend business idea.

    Home Staging

    Weekend entrepreneurs with a flair for interior design can start a business as a professional home stager. Every real estate agent has ’em: those undeniably ugly houses with screaming pink walls, hairy rugs and retro furniture straight out of the ’70s. Talk to your local real estate companies about hiring yourself out as a weekend home stager. Paint the walls a neutral color, tear down those hideous drapes, and improve the look of the home. Network with furniture stores to rent tasteful living room ensembles, and display their logo in return. This could be a time-consuming business, but getting those unsellable homes out of the real estate agent’s hands can lead to rich rewards. A commission of $800 to $1000 is reasonable.

    Weekend Musician/DJ

    Avid guitarist or drummer? Always current with the hottest musical trends? Starting a weekend business as a musician or DJ might be right for you. Local bars are always looking for live talent, especially if you charge a low fee or tips only to get your foot in the door. DJs are needed for weddings and middle school dances. Including setup and tear-down, gigs usually run anywhere from three to seven hours for a night.

    Green House Cleaning

    Many household cleansers contain toxic ingredients. These ingredients leach into the environment and contaminate the water we drink. Moreover, their harsh chemicals can spark allergic reactions in children and adults alike. There’s new interest in cleaning households with green products, ranging from baking soda and vinegar to commercially sold cleansers food in natural food stores like Whole Foods. Why not start a weekend business as a green house cleaning service? Market your business to an upscale clientele who will pay for the coveted “organic” label. What’s more, they’ll boast to their friends about their green credentials, and those referrals will boost your profit margin. If you’re into the green movement but not into doing other people’s dirty work, check out this article for more green business ideas .





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