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Starting Up A Business - A Guide For Newbies

Discussion in 'Retail Business Advice and start ups' started by ladyvgw, Nov 27, 2010.

  1. Cviegas

    Cviegas

    Joined:
    Feb 28, 2016
    Messages:
    1
    Hi :)
    Your post has been extremely helpful after spending the last 3 days trying to figure out how to put my business idea into motion, so thank you!

    One thing that I hadn't thought about, I work full time and I don't intend on quitting until I am certain I can live off my business, in order to register with the HMRC will it mean that they will take my current job earnings into account when taxing me on my business earnings?
    Very new to all this
    Many thanks in advance.
  2. bestdeals1711

    bestdeals1711

    Joined:
    Aug 29, 2016
    Messages:
    5
    This is super stuff Thanks Vicky. I'm new to the business trying to find retailers, trying to establish the whole supply chain, so far no luck with the retailers. ANd need so much more information on shipping etc.. which i hope this forum will help me with.

    Thanks again.
  3. Thelma Mitchell

    Thelma Mitchell

    Joined:
    Nov 2, 2016
    Messages:
    2
    Wow, thank you for a great post here! Your ideas are really useful for me, Now, I've got the interest in starting up my first business. I'm getting excited.
    Cody likes this.
  4. ACKKA

    ACKKA

    Joined:
    Nov 16, 2016
    Messages:
    5
    Good post!
  5. aprilflower

    aprilflower

    Joined:
    Jun 20, 2017
    Messages:
    10
    Such wonderful tips! Your work is much appreciated! ;)
  6. The Everything Shop UK

    The Everything Shop UK

    Joined:
    Oct 9, 2017
    Messages:
    2
    This is a really great guide. Anyone that is starting out needs to take in any advice that they can get as it is so difficult.
  7. Russell MacGregor

    Russell MacGregor

    Joined:
    Sep 19, 2017
    Messages:
    3
    Hie, the tips you have mentioned in starting up the business are really very useful. I also want to share a business tip which is very crucial for the proper startup of the business. Before startup, an individual should have uniqueness in the business idea in such a manner that it should not be similar to someone other's online business. If such happens, then both businesses have to suffer in the terms of revenue and reputation. So, one should be completely descriptive, clear and concise about his/ her business startup ideas. Rest, all the best for your business start-up!!
  8. Jenny Maxwell

    Jenny Maxwell

    Joined:
    Aug 4, 2017
    Messages:
    6
    Lead Generation Ultimate Guide for Startups & SME

    New niches/revenue streams:
    Review your existing core products and services through revenue optimization and re-thinking of how your products are sold.
    Capturing Existing Demand: The majority of your revenue may come from capturing existing demand instead of creating new demand. Starting from a baseline where your demand already exists for your product.
    Creating New Demand: Connecting online and offline experiences can go long way in making a significant impact on your organization's overall goals. If demand doesn’t already exist in the market.
    Lead Qualification: Identify leads with potential to convert, create a sales funnel that converts, track the result, create follow up sequences, ask for sale and repeat the process.
    Converting Prospects into Clients: Work towards your prospects, Forester Research stated that Expertise in lead nurturing results in a 50% increase in sales-ready leads.
    Lead Generation Tools: LeadLake and Growbots
  9. RachelMercy

    RachelMercy

    Joined:
    Dec 1, 2017
    Messages:
    1
    The AirBnb Vacation Rental Business is running with the innovative business concept of availing a place to accommodate for the world travelers presented by appkodes.com Let's Assume if some big event is happening around your city and a large number of tourists and people are expected to visit your city from neighboring cities, states and even from other countries.
  10. Rohit I

    Rohit I

    Joined:
    Dec 11, 2017
    Messages:
    3
    All the best Vicky. Informative article. Good Work

    InstaReM
  11. Rohit I

    Rohit I

    Joined:
    Dec 11, 2017
    Messages:
    3
    Well written article. Good work

    InstaReM
  12. Jack Marshall

    Jack Marshall

    Joined:
    May 20, 2017
    Messages:
    5
    Really interesting posts and received quiet a bit of tips from here. Thanks for sharing.
  13. BCH

    BCH

    Joined:
    Jun 13, 2018
    Messages:
    1
    Hey folks,

    I would like to recommend you to looking for a good partner with experience when you want to start a business. I chooses the Business Consulting Hub ********************************** which advised me and offer many different task like accounting, marketing and many more which helped me a lot to start my business.
  14. oh_carole

    oh_carole

    Joined:
    Jan 28, 2013
    Messages:
    4
    Hi
    I was wondering if you have any advice for a Canadian? Finding suppliers here is impossible? please feel free to e-mail me @ ******************.
    TIA
    Regards
    Carole
  15. annagreenang

    annagreenang

    Joined:
    Jul 6, 2018
    Messages:
    18

    Wow, the suggestion you provide is amazing. One day i'll start mu own business and i will keep your advice in my mind
    ladyvgw likes this.
  16. Andre Smith

    Andre Smith

    Joined:
    Dec 3, 2018
    Messages:
    3
    Great Tips. I am a newbie here so I really needed good tips such as all these tips. Great job guys. Highly appreciated tips. - Andre Smith
  17. mlena

    mlena

    Joined:
    Jan 30, 2019
    Messages:
    1
    Thanks for sharing this useful guide about setup a business.
  18. truffy

    truffy

    Joined:
    Feb 15, 2019
    Messages:
    9
    Thanks Vicky, have been in and out of running my own business full time for ages, since beginning of this year have quit the addiction to monthly salaries and just gone for it. Good news, money's way up, and every month I know what to do with the extra so make even more. That's a geometric progression, hoo-ah.
  19. AlbertDavid

    AlbertDavid

    Joined:
    Jun 12, 2019
    Messages:
    7
    Great advice. Thank you for sharing!
  20. Nikki Sharma

    Nikki Sharma

    Joined:
    Feb 15, 2019
    Messages:
    14
    Steps to Startup a Small Business
    • Step 1: Do Your Research.
    • Step 2: Make a Plan.
    • Step 3: Plan Your Finances.
    • Step 4: Choose a Business Structure.
    • Step 5: Pick and Register Your Business Name.
    • Step 6: Get Licenses and Permits.
    • Step 7: Choose Your Accounting System.
    • Step 8: Set Up Your Business Location.
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