LoveShack.org Community Forums

Reload this Page LoveShack.org Community Forums > Platonic > Business and Professional Relationships

Starting a business

Register Community Guidelines FAQ Search Today's Posts Mark Forums Read

Business and Professional Relationships Networking and maintaining a positive environment in the work place is important! Surviving the 9-to-5 within.

Old 16th August 2005, 5:11 AM   #1
winnie_05
Established Member
 
Join Date: Jul 2005
Posts: 79
Starting a business

My boyfriend is wanting to start his own business with his friend building his own computers and selling them.

Could anyone tell me how he would go about this?
winnie_05 is offline   Reply With Quote
Old 17th August 2005, 6:10 PM   #2
earle1998
New Member
 
Join Date: Aug 2005
Posts: 4
The first thing he needs to know is his market. Is he in an area where there is a market for his product?
A good first step is to contact the Small Business Administration (SBA) in your area. They can tell you about markets, funding a small business, the pros and cons. Look up www.sba.org . That's a good place to start.
Good luck!
earle1998 is offline   Reply With Quote
Old 17th August 2005, 9:02 PM   #3
RecordProducer
 
RecordProducer's Avatar
 
Join Date: Mar 2005
Posts: 8,120
Re: Starting a business

Quote:
Originally posted by winnie_05
Could anyone tell me how he would go about this?
He better be sure himself and have a clear picture of what he's going to do as well as have big experience in the given field. 80% of small businesses fail within 5 years.
RecordProducer is offline   Reply With Quote
Old 30th August 2005, 3:07 AM   #4
karatekid
Member
 
Join Date: Aug 2005
Location: Wisconsin
Posts: 26
I recently started my own business (a yr and a half ago). I'm currently making very little money at it. Many small businesses do fail. The key is to have a passion for what doing and budget well. My business is growing-slow but sure. You must be prepared to work another job for awhile. I do not have a staff or partner so that helps. Do not give up.
karatekid is offline   Reply With Quote
Old 30th August 2005, 6:31 AM   #5
droopydad
New Member
 
Join Date: Aug 2005
Location: Illinois
Posts: 9
I'm in the process of starting a business with some family members and other associates. The previous posts are a must. The SBA is great for starting out, you can get advice from SCORE also. Most states have govt. offices set up to help emerging businesses, especially in the high tech. sector. One thing I have found to be true is that business does always follow the same rules as the rest of nature. It would help your friend greatly to have a niche in the market to concentrate on, there are so many other companies already doing the same thing as your friend wants to do, in order to increase the chance of success, there has to be something unique to set his product apart from the pack. It's a long hard road to success for sure, it may entail setbacks, but if your friend can perservere and roll with the punches, the rewards are worth it. Don't forget to collect contacts and set up possible alliances along the way, there's a never ending business world waiting to help with whatever problems may be encountered. Good luck with your friend and his dreams.
droopydad is offline   Reply With Quote
 

Bookmarks

Thread Tools
Display Modes

 
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Legalities of starting a freelance business? lexnmike4enomore Business and Professional Relationships 1 17th March 2005 11:03 PM
she thinks i'm pretty much wasting time starting my own business like_christmass Dating 1 25th February 2004 6:48 PM

 

All times are GMT -4. The time now is 3:40 PM.

Please note: The suggestions and advice offered on this web site are opinions only and are not to be used in the place of professional psychological counseling or medical advice. If you or someone close to you is currently in crisis or in an emergency situation, contact your local law enforcement agency or emergency number.


Copyright © 1997-2008 LoveShack.org. All Rights Reserved.