Warning: Creating default object from empty value in /data03/c7299849/public_html/wp-includes/capabilities.php on line 655
Don't be afraid to give it a go! My Advice to new businesses would be... | Support Each Other | Forum — More Than Mummies

Warning: Creating default object from empty value in /data03/c7299849/public_html/wp-content/plugins/simple-forum/library/sf-database.php on line 2094

Warning: Creating default object from empty value in /data03/c7299849/public_html/wp-content/plugins/simple-forum/library/sf-database.php on line 2094

Warning: Creating default object from empty value in /data03/c7299849/public_html/wp-content/plugins/simple-forum/library/sf-database.php on line 2094

Warning: Creating default object from empty value in /data03/c7299849/public_html/wp-content/plugins/simple-forum/library/sf-database.php on line 2094

Warning: Creating default object from empty value in /data03/c7299849/public_html/wp-content/plugins/simple-forum/library/sf-database.php on line 2094

Warning: Creating default object from empty value in /data03/c7299849/public_html/wp-content/plugins/simple-forum/library/sf-database.php on line 2094

Warning: Creating default object from empty value in /data03/c7299849/public_html/wp-content/plugins/simple-forum/library/sf-database.php on line 2094

Warning: Creating default object from empty value in /data03/c7299849/public_html/wp-content/plugins/simple-forum/library/sf-database.php on line 2094

Warning: Creating default object from empty value in /data03/c7299849/public_html/wp-content/plugins/simple-forum/library/sf-database.php on line 2094

Warning: Creating default object from empty value in /data03/c7299849/public_html/wp-content/plugins/simple-forum/library/sf-database.php on line 2094

Warning: Creating default object from empty value in /data03/c7299849/public_html/wp-content/plugins/simple-forum/library/sf-database.php on line 2094

Warning: Creating default object from empty value in /data03/c7299849/public_html/wp-content/plugins/simple-forum/library/sf-database.php on line 2094

Warning: Creating default object from empty value in /data03/c7299849/public_html/wp-content/plugins/simple-forum/library/sf-database.php on line 2094

Warning: Creating default object from empty value in /data03/c7299849/public_html/wp-content/plugins/simple-forum/library/sf-database.php on line 2094

Warning: Creating default object from empty value in /data03/c7299849/public_html/wp-content/plugins/simple-forum/library/sf-database.php on line 2094

Warning: Illegal string offset 'feedkey' in /data03/c7299849/public_html/wp-content/plugins/simple-forum/forum/sf-page-components.php on line 1163

Warning: Creating default object from empty value in /data03/c7299849/public_html/wp-content/plugins/simple-forum/library/sf-database.php on line 2213
 
Current User: Guest Login
Please consider registering


Lost Your Password?

Search Forums:


 






Minimum search word length is 4 characters – Maximum search word length is 84 characters
Wildcard Usage:
*  matches any number of characters    %  matches exactly one character

Don't be afraid to give it a go! My Advice to new businesses would be…

Reply to Post Add a New Topic
No Tags
UserPost

8:25 pm
September 30, 2012


artysparkle

Guest

Post edited 8:27 pm – September 30, 2012 by artysparkle


The best advice I could give to anyone one who's recently started or is thinking of starting a business would be don't be afraid to give it a go! But…make sure you are prepared for the challenges ahead!

 

Make sure you budget for for your business, including set up costs, running costs, stock etc. and work out how much you can realistically charge for your products and services to make sure it will be worth your while. Keep on top of your accounts, you only need to use an excel spreadsheet but keep a close eye on what's going out and coming in and maintain your balance sheet. That way you won't get a shock from your accountant and you'll have a good idea of whether your business is finacially viable. You may not be able to take a salary for a while so you have to decide if this is something you can afford to do full time or along side a job that provides regular income. All businesses have some set up costs and you need to recoup these before you can make any profit.

 

Check out your competition and see if there is anything you can do better than them. If you can't quite beat them on price can you better them on product choice, quality, customer services?

 

Also bear in mind how much time you will have to spend getting your business out there and making a name for yourself. There is so much competition (both in on-line businesses and 'real world') that you won't be able to just sit back and let it happen and the less money you have to invest in advertising etc the more time you may have to put in to make up for it!

 

I hope that helps a little, I'm currently inbetween businesses :) just in the processes of setting up a new one teaching art and hopefully selling some of my artwork so if I think of anything else I will let you know!

No Tags
Reply to Post

Reply to Topic:
Don't be afraid to give it a go! My Advice to new businesses would be…

Guest Name (Required):

Guest Email (Required):

NOTE: New Posts are subject to administrator approval before being displayed

Smileys
Confused Cool Cry Embarassed Frown Kiss Laugh Smile Surprised Wink Yell
Post New Reply

Guest URL (required)

Math Required!
What is the sum of:
2 + 6
   


About the More Than Mummies Forum

Forum Timezone: UTC 0

Most Users Ever Online: 30

Forum Stats:

Groups: 7
Forums: 25
Topics: 105
Posts: 169

Membership:

There are 763 Members
There have been 28 Guests

There are 2 Admins

Administrators: More Than Mummies (29 Posts), Test (0 Posts)