Starting a Business? What You Need to Know First

Entrepreneur
Who hasn’t dreamt of being his own boss and launching a business that will one day become the next Amazon or Google? The idea of having the freedom to pursue your dream is exciting for anyone who has gone through the drudgery of corporate world. While this is indeed exciting and noteworthy you also need to know that starting your own business is not something that everyone can do. It takes lot of effort and commitment to build a business that will one day rival Amazon of today. For every Amazon there are hundreds of others who did not make it. Don’t lose heart, though. With good understanding of what it takes to start a business and little perseverance you too can build a respectable sized business even if it is not the next Amazon. Here is a 5 step process you need to go through before taking the plunge.

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5 Avenues to Earn Money as a Writer

Writer
Thousands of people nowadays have chosen to be their own boss by working as freelancers. Internet has created great opportunities for these people. Many types of writing skills are highly required on the internet industry. It is possible for writers to make decent money by doing what they know best and have an interest in. There are five ways writers can employ themselves. These are creative opportunities. They require hard work, self-motivation, dedication, positive attitude and lots of spirits, and willingness to endure financial risks. Five ways writers can employ themselves are freelancing, copywriting, article (web-content) writing, blogging and writing consulting services. These are potential opportunities that can be tapped online and offline platforms.

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Entrepreneurial Lessons from the Creators of Graphic Novel

Entrepreneur
Entrepreneurs of small businesses have learned a number of valuable lessons on success from getting down and dirty in the trenches. Professionals, such as the creators of the Bacardi novel, who have experienced success, are eager to share what it takes to be a thriving entrepreneur.

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How to Set up a Successful Business in Australia

Entrepreneur
Australia has an amazing environment for business opportunities, and many entrepreneurs are making the decision to relocate an existing business to the country or to create a new start-up. While there are many steps that need to be taken before you can become a successful entrepreneur in Australia, there are few important points that simply cannot be overlooked. In addition to coming up with a great business idea, finding the right business space and other general business efforts, think about these important points.

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Why Wholesaling is a Popular Retail Model for Business

Retail Store
Now that the world economy is on the mend and we’re finally back to growth levels of 2008, many people are looking to capitalise on the wealth that’s out there in people’s pockets. If your dream is to run your own retail store there’s only one form of retail that you should consider: wholesaling.

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Do You Know Who Your Competitors Are?

Do you know who your competitors are
It’s a very simple question. Let’s say you own and operate a restaurant that serves pizza and pasta at a busy corner of high traffic downtown area. Who do you think you are competing with? Is it another restaurant that also serves Italian food within ½ a mile of your restaurant? How about the McDonald’s across the street? Now, take it one step further. How about the store that sells ready-to-eat meals that people can take home when they don’t have time to cook? A relatively simple sounding question can open up multiple possibilities when you think hard. Taking a simplistic view of the competition can hurt your business in the short-term and put you out of business in the long-term.

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Can Small Businesses Benefit from Outsourcing?

Outsourcing
Large corporations use outsourcing to offload their non-core operations so that they can focus on what they do best. Small and medium size businesses can benefit equally from outsourcing. Many small business owners do not feel comfortable with outsourcing thinking that it does not provide them sufficient benefits or they don’t like losing control of their business operations. This could be a mistake. When done properly, outsourcing can help small business owners grow by focusing on core operations.

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How to Grow Your Business with eCommerce

How to grow your business with ecommerce
Small business owners are missing out on significant sales opportunity if you do not have ecommerce presence. Online sales continue to grow at double digit rate and are expected to do so for many years to come. Amazon and eBay reported solid online sales for the Black Friday last week. More and more customers are now comfortable buying online, which is why every retailer in the world is trying to set up online presence.

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How to Start an Online Brokerage

How to start online brokerage
Seeing Gordon Gecko wheeling and dealing in Wall Street, the stock market might look a fun place to be. Thrilling it certainly is, but it’s not the place to be playing games. It’s a high-pressure environment in which financial fortunes can change in less than a minute.

Of course, this is finance and there’s money to be made. If you know your PERs from put options and your common stocks from closed-end funds, you may fancy setting up your own online brokerage and helping others less in the know (for a fee, naturally).

Here’s how you go about becoming an online broker.

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How to Run a Thriving Kiosk Business

How to Run a Thriving Kiosk Business
For aspiring entrepreneurs, the prevalence of large corporations and big-box chains can make starting a business seem like a daunting task. To combat these challenges, many businesspeople are finding great success by starting kiosk businesses instead. With low overhead costs and short-term lease commitments, starting a kiosk business is a great way to jump-start your career. As with all business pursuits, it’s important to know how to run your kiosk business in a way that will make it profitable. With these following five steps, you can create a thriving and profitable kiosk business.

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