May 31
Lee Lister asked:




So you want to start your own business – you are a new entrepreneur so to speak. Maybe you have just become unemployed and are trying to start a business from scratch or you’ve just got the yen to start a new business. In these recessionary times starting capital is going to be tight. So how do you start a new business without spending too much of your hard earned money?

Well first of all you need to realise that what you don’t spend in money you are going to have to spend in time and what is cheerily called “sweat equity”. Secondly a business that is started with little capital is not one that usually grows very quickly – so you initial income or profit (if any) will be low. So with these thoughts in mind what are the low cost business models open to you?

Web Based: The most obvious one is setting up an internet based business. Traffic and buying customers are hard to attract now that the internet is so crowded so you should always look for a really good niche, a great descriptive domain name and an easy to use, well SEO’d web site. Internet millionaires are very rare, internet marketers selling poorly written “get rich” schemes are not – so be careful out there. Treat your web based business like a business that will take time and care to expand and you should be ok. Your costs will be for web design, hosting and domain and marketing which can be from low to expensive!

Party Planning Sales: One of the quickest ways to get your products out into the market is to sell them via parties – just like Avon, Tupperware and Anne Summers. The use of commission only sales staff coupled with demand only fulfilment and no need to have a retail store will ensure that your start up costs are at a very low level. Your only cost will be for your demo kits and presents for your hosts. Advertising can be via notice boards and classified ads. It is important that you ensure that you keep your kit levels and stock under control as you expand.

Market Stalls and Karts: Both are cheap to rent or lease and if you choose your positioning well they are an ideal way to test out your retail business. Your stock will by necessity be low and you can hire minimum wage staff if you need assistance. The hours can be long and heavy on your feet, but you are ideally placed to get customer feedback on your products! Marketing can be kept to a minimum, although you should budget for samples.

Public Speaking and Seminars: If your new business is going to be more service based then holding free or low cost seminars is an ideal way to introduce people to your company and get some cheap advertising. Be wary of giving it all away though – give them a taster only and then leave brochures out with your available services. Giving talks on an interesting subject is always popular with clubs, hotels, restaurants etc. and is a great way to position yourself as an expert. Your costs here will mostly be transport and marketing costs. Although you will be giving some of your services away. Ensure that those that come to your talks or seminars are interested in your services and potential customers.

Internet Selling: On sites such as eBay and Craigs List is an ideal low cost way of testing the marketing and selling without the need for a retail area or large stock. Of course your goods must be easily and cheaply transportable to make it profitable. Some people make money by buying at auctions, garage sales, boot sales and markets and then reselling on the internet. Your costs will be listing fees, payment processing and mailing costs.

Home Services: There are numerous home services you can offer, that have very low start up costs, mostly being initial kit, marketing and advertising. These services can be such things as gardening, lawn cutting, cleaning, carpet cleaning, courier, dog walking, ironing etc.

Which ever business you plan to start – make sure that there is a demand for it in your area and good luck.

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May 26
Perry Webbing asked:




Starting a small business can be exciting and scary. Knowing there is an equal chance of great success and great failure may seem daunting at first, the reality is you can be successful if you find the right business idea that works for you.

What drives your need to start your own small business should also be taken into account. If you are starting your own business to enjoy some of the flexibility it allows, that should be taken into account when you decide which business idea and plan will work the best for you. If you want to start a small business will little initial investment that should be taken into account as well.

There are several business ideas which allow you to start with little initial investment. The best of these ideas are to use the skills and knowledge you already possess to start a business. This can include individual sales consultant, consulting for businesses and individuals, house-sitting, pet sitting, landscaping, selling in online auction forums, personal organization, running errands, and tutoring.

These are all businesses which can be started by simply marketing through passing out business cards, posting ads in classifieds, or by posting flyers in your service area. Without having the need for a large staff and an actual in person location, you can start the business with little investment and maintain a small monthly budget. This will allow you to put your skills and knowledge to use while starting your own small business. Whichever business opportunity you decide will be best for you, remember even with little start up money, you can take a great idea and make it successful.

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May 17
Koz Huseyin asked:




Interested in millions? In this article, you will discover the best home business ideas that have made millions. Imagine tens of thousands of dollars flowing into your bank account. These best home business ideas have literally done that. So, read on and learn!

Often when we think about businesses making millions of dollars in sales, we think that they must own multistory head quarters and have thousands of staff. The truth is that many businesses that have become big started as a home business idea.

The best home business ideas weren’t just thought up at home. Some of the best home business ideas also came from students in their dormitories. In the UK for example, a man went to work on an online game – RuneScape. Few years later, he was worth over 100 million pounds!

Look at eBay, and you will see the same thing. eBay is a small project that turned into a business spanning the world. The famous online auction now has countless 1000’s of people who depend on eBay to make a living.

The online auction has made millionaires out of the people who sell there. And there are many examples where people have made millions through eBay.

Another example is a 20 something that decided to put up a free e-Book, and went on to make his millions. There are many examples like these, and it is something which is inspiring.

Though these examples rest mainly on online business, they still are something to think about. Online is something to consider, because the best home business ideas are harder to implement offline.

There are many examples of the best home business ideas that have made millions offline. They all show one thing, and that is an idea made original.

Many people believe that you need a totally original and pioneering idea. The truth is that that is the way to failure. The road to success as has been shown is down to taking an idea, and transforming it in an original way.

For example eBay is not original. Auctions have been going on for years. But, taking an auction and putting it online had an original twist that has made the founders very rich indeed.

Amazon is possibly the best example for the best home business ideas. The idea being formulated when the founder was driving on a long road trip! As the dot com bust happened, Amazon was still going strong. The business may seem pioneering, and I guess in a way it is, but it still followed a good principle – a bookshop that was original in that it was put online.

The best home business ideas ultimately are those that have a supply and demand. All the successful and best home business ideas have made millions because they found a need and met it.

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May 15
Perry Webbing asked:




Starting a business, large or small, online or offline is a risky venture. You need to ensure that your business plan is bullet proof and will make money no matter what. After all, most likely you’ve invested more than just time and effort on your business. Most likely you’ve also invested a lot of money.

However, there are two ways to start a small business without incurring the large start-up capital costs. So, no matter where you want to work- in the real world, or online, there is a perfect small business idea for you.

1. In the Real World: A fun, fast and nearly free business venture in the real world is a delivery service. If you have a car and you have the time, then a delivery service might be the perfect business move for you.

Offer to pick up food, laundry, alcohol, people, etc from various places in your community. Charge a delivery service fee of course. You can also most likely get a discount from the vendors if you advertise their place of business on your delivery vehicle.

This is a great small business venture that has limitless possibilities. All you need to pay for is advertisements for your company and fuel and you’re in business!

2. In Cyber Space: A Membership Site is your best bet online. Membership sites are sites where members pay month by month. Similar to a magazine subscription, the best thing about a membership site is that you are the boss, the editor-in-chief.

Membership sites are easy to maintain and fun to run. Furthermore, you can get a site live with hardly any start-up fee. Simply invest in a membership site guide and you’re ready to go!

Create a video blog…instantly.

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May 11
Craig Cortello asked:




Developing an innovative spirit in the workplace doesn’t require extraordinary measures. As a manager, you can experiment with simple ideas that merely break routines, allowing your employees permission to drop the facade that we all don to some degree when we punch the clock. Here are a few ideas that will help you lighten things up for your staff and get their creative juices flowing, if you have the courage to take the leap.

1. Dart Board

Start every staff meeting by allowing everyone a shot at the dart board. Best shot gets to kick off the meeting, appoint the moderator, or tell what they did over the weekend. Starts things off on a playful note and gets your people out of their chairs. For safety purposes, stick with the magnetic or Velcro variety.

2. Colored Markers for the Flip Chart

Sounds simple, but we are programmed from an early age to correlate the amalgamation of colors with the awakening of our imaginations. If you need further evidence of this phenomenon, observe a classroom full of first graders the next time a teacher instructs them to put away their math books and take out their crayons. And experts agree that the key to creativity lies in the ability to awaken the child inside each of us.

3. Music Creativity

Ask each team member to write a 4-line verse to a song that relates to their job duties, hobbies, business ideas, etc. Go around the room and ask them to sing, rap, or simply recite (military cadence perhaps) their verse. Print the
compilation in the next company newsletter to get a little PR for your department or office (others in the organization might want to transfer in when they realize that you’ve given your staff permission to have fun).

4. Music Creativity II

Ask your staff to bring in a CD with a song that describes their personality, work attitude, or how their weekend went. Play excerpts before the meeting for a laugh.

5. To Serve Mankind

Ask your staff to convey what they did over the weekend that was a service to another person, charitable organization, or noble cause. Vote to determine whose action was most heroic and award a gift certificate to the winner, let them leave work early on Friday, or take a longer than usual lunch break. This will encourage your staff to think of new ways to develop a sense of community. It will also help your people feel good about their co-workers, get to know them better, and give them a sense of pride in the organization.

6. Vocabulary Expansion

Ask your team to bring a rarely used or obscure word to the next meeting. Have them use it in a context that is applicable to your business.

7. Memory Exercise

Read a list of 10 or 15 things, preferably something related to your business, your industry, or to a customer and give an award to the person who can commit the most items to memory. This exercise can help your staff become more familiar with your organization and with your customers. Memory development is also a key to developing new customer relationships that will help your business prosper.

8. “If I Ran This Place…”

Ask your staff what they would consider the ideal job, the ideal workplace, and the ideal location. You can’t transform your place into utopia, but you might gain some insight into feasible, marginal changes that will improve things. Now that you have them thinking without barriers, ask them what they would do first or different if they ran the company, office, or department. You’ll be surprised by the answers.

9. Show and Tell

Have your staff bring something that they’ve created, that they are proud of, or from their childhood that the group would find interesting or funny. Demonstrate an interesting or unusual talent, perhaps. We loved this game when we were in kindergarten, and for some reason they made us stop playing as we got older.

10. Top 10 Lists

Until David Letterman decides to pursue intellectual property infringement, go ahead and try this one. Give a topic at your staff meeting, and ask for the answers the following week. Remember to keep it clean and non-offensive. Have your staff rank the answers and use a point system to determine the winner.

We would never ask our employees for quality without offering the resources, direction, systems, and commitment to develop procedures that ensure improvement in that area. Yet we ask employees for creativity or to “think outside the box” all of the time without giving another thought as to how to initiate the creative process. Take the first step and give your staff permission to shake things up a bit at your office. You’re likely to see some changes – for the better!

Copyright 2005, La Dolce Vita Enterprises, LLC

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May 6
Forest Marie asked:




While the Internet is filled with a plethora of opportunities for entrepreneurs to take advantage of, many people do not have the money to put down hundreds of dollars to become a member. However, there are a number of inexpensive business ideas you can jump on as well. Here are five ideas for you to look into today.

1. Create a web site

Although it is extremely time consuming and it does not happen over night, creating a web site for yourself to work with provides you with the best chance to make money with. There are really just two charges you will make to get your site up and rolling. You will have to purchase a domain name and pay for hosting, which together can be under ten dollars.

2. Affiliate marketing

Affiliate marketing is a great inexpensive business idea to go with your own web site. There are thousands of affiliate programs to join on the internet and most do not have a start-up cost to join. With so many programs to choose from, it gives you the chance to do something you really enjoy and are knowledgeable with. And there is nothing stopping you from taking on several different programs all at the same time.

3. Freelancing

Much like affiliate marketing, freelancing gives you the opportunity to put your skills and knowledge to use. There is a dire need for several different services on the internet including graphic design, writing, and advertising. Many entrepreneurs either do not have the time or do not have the skill to do everything with their business. This is where you can become a great commodity to other people’s businesses.

4. eBay

It is amazing how some businesses and companies come out of nowhere and become a hit overnight. eBay is an extremely inexpensive business idea as it requires you to spend no money whatsoever. Who would have ever known you could clean out your crawl space while filling up your wallet.

5. Advertising

Pay-per-click advertising used to be one of the easiest ways to make money on the internet. All it entailed was you placing ads on your web site and getting paid for visitors coming to your site and clicking on the ads. While this opportunity still exists, it has tapered quite a bit. But if your web site receives a heavy traffic flow, you can make quite a bit of money off of people paying you to place their text link or banner ad on your site for exposure.

The Internet is filled with inexpensive business ideas to choose from. It is up to you to take the time to research and find the legitimate opportunities that suite you best.

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May 4
Sean R Mize asked:




You are new to internet marketing and you need some advice on how to start. You are not alone, and here are some home business ideas for beginners to the big, big, world of internet marketing.

The fact that you are new to this business does not necessarily imply that you do not have a product. In fact most people who enter into internet marketing with their eyes open either have a product to sell or an idea for one. However, let’s assume that you have none and are looking for a quick entry into this fascinating industry. What are the possibilities?

In order to make the most of internet marketing you need your own product. While you are working on it, you can make money selling other people’s products. There is more than one way to do this. The first is affiliate marketing whereby you sell another person’s product for a commission. Although you can sell hard goods and soft electronically delivered goods, the best commission deals are with the electronically deliverable goods such as software and ebooks. You can sell the same product time and time again, whereas with hard goods there are material and delivery costs involved with every item.

Typical commissions for hard goods are 5% – 10%, whereas those for electronic goods such as software or ebooks are around 50%. That’s right. You typically earn 50% for every ebook you sell. That is why affiliate marketing is a technique of choice by many internet marketers who have no intention of producing their own product other than an ebook relating to others how they did it.

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