How to start a business

[Danny46709394]

I been working in the IT fields for decades, I want to start a consultation company on implementing new systems or custom code. I think I have the skillsets and I know enough people that I can hire to help. However, Everytime I reached out to potential client, neither they want to hire me full time, or they want to use off the counter system.

Whats the best way to do this? Any suggestions welcome.

 

[luvyeah]

Read the Personal MBA or the particular section where your questions lie.

The Personal MBA - Josh Kaufman

personalmba.com

 

[The Fox]

Hire an independent sales person to be the broker between you and the client for small commission.

 

[fall]

Guys, I want to start a business but I don't have money. What do I do?

Do what every other paid members of this board do. It does not need any initial capital and you can even work from home.

 

[Brill]

Guys, I want to start a business but I don't have money. What do I do?

Do you have a credit card?
Buy a rake and 25 leaf bags, go door to door and offer your services to your neighbours.
Then with your earnings buy a snowblower and shovel, you’ll make a fortune all tax free.

 

[NiceToMeetYou]

Do you have a credit card?
Buy a rake and 25 leaf bags, go door to door and offer your services to your neighbours.
Then with your earnings buy a snowblower and shovel, you’ll make a fortune all tax free.

How much should you charge for clearing the fallen leaves on a yard?

The reason I asked because I also want to start my own business. I'm getting tired working for someone random males / females for all of my life so far. Why should I continue working for them anyway (or working for a company's owners / shareholders) instead of working for myself?

 

[Brill]

How much should you charge for clearing the fallen leaves on a yard?

The reason I asked because I also want to start my own business. I'm getting tired working for someone random males / females for all of my life so far. Why should I continue working for them anyway (or working for a company's owners / shareholders) instead of working for myself?

Anywhere from $50 to $300 per yard depending on the size of the yard, their wealth and your desperation.
If you make this a career you might invest in a leaf blower, a pickup truck and hire some paroled convicts or children to do the work.

 

[NiceToMeetYou]

Anywhere from $50 to $300 per yard depending on the size of the yard, their wealth and your desperation.
If you make this a career you might invest in a leaf blower, a pickup truck and hire some paroled convicts or children to do the work.

Thank you. Sound good to me.

 

[zigma99]

Hire an independent sales person to be the broker between you and the client for small commission.

where can I find an independent sales person?

 

[KentCook]

where can I find an independent sales person?

check the freelance marketplace. I get more info about financing of business at Fit My Money source. It is a financial education project

 

[RubyDelong]

I invested in a coffee shop. It's my own business. We have coffee and baking. And I'm looking for investors for the future. Of course, sometimes I don't have enough money, so I use a loan. It's already making me an income. And I plan to grow it.

 

[Frontstreet]

I been working in the IT fields for decades, I want to start a consultation company on implementing new systems or custom code. I think I have the skillsets and I know enough people that I can hire to help. However, Everytime I reached out to potential client, neither they want to hire me full time, or they want to use off the counter system.

Whats the best way to do this? Any suggestions welcome.

Consider buying another small IT firm with clients and cashflow. Banks and well as BDC will finance a small acquisition as long as you invest some cash equity of approx 25% of the purchase price. You should be paying approx 5 to 7 times netcashflow (or EBITDA) as a purchase price for the business(this can vary based on the business). You need to negotiate an appropriate non complete and a transition period with the seller (you will need a boutique M&A attorney). Find someone who wants to retire or exit to something else.

 

[Angelbane78]

Complete systems created by you can be patented. You can use the global expansion strategy to grow your business rather than work for someone else. If you have the opportunity, why not? Try to find out how good the markets are for your capabilities and scale. I think you will have many chances to find out. Especially since I know that this company also deals with foreign capital and business development abroad. So moving or wasting time looking for tenants, investors is not your concern. Try for a start

 

[Mitchellmessy]

Get yourself a mentor or take some courses

 

[greig]

Can one hire you as a specialist? My brother started his e-commerce business about a year ago. Now he needs help with product data management. I'm searching online to help him to optimize the work process, to manage all data. Maybe someone has any recommendations here?

 

[Ceiling Cat]

The cheapest way to get into business is to buy an existing business, everything is set up for you and these is existing clientele. The business may be for sale because business is slow due to the economic downturn or it may be because the previous owner did not offer the best customer service. An analogy to this situation can be compared to buying a car that is not in the best condition but you do not mind putting in some time and money to bring it up to full potential. There is no broker or consultant that can tell you how to buy a profitable business, you have to be the judge of that yourself. Find business for sale on the internet and if it looks interesting to you then ask the owner if you can hang around for a few days to see if it is a business that you can do. At the least you will have learned a few things even if you do not buy in.

There are several ways to perk up a business. Attractive friendly people, better service, better prices, a better product.

 

[star003]

The cheapest way to get into business is to buy an existing business, everything is set up for you and these is existing clientele. The business may be for sale because business is slow due to the economic downturn or it may be because the previous owner did not offer the best customer service. An analogy to this situation can be compared to buying a car that is not in the best condition but you do not mind putting in some time and money to bring it up to full potential. There is no broker or consultant that can tell you how to buy a profitable business, you have to be the judge of that yourself. Find business for sale on the internet and if it looks interesting to you then ask the owner if you can hang around for a few days to see if it is a business that you can do. At the least you will have learned a few things even if you do not buy in.

There are several ways to perk up a business. Attractive friendly people, better service, better prices, a better product.

where can we find the businesses for sale?