Wednesday, January 16, 2008

Wat it takes to open a business

Opening a business can be a hassle for many people all over the world.
People start businesses everyday for different things.For those who want to start
a business probably don't realize what it takes to open a business.There are three types
of businesses like Home-based,Brick and mortar,and E-commerce. Each have there own meaning
Home-based is like for people who are motivated and focused.Brick and Mortar is like people who
want to get out of the house and do something like in retail or opening a restaurant. E-commerce is people who like to use the computer and make online stores such as ebay.
A business plan is generally details about your business,customers,competitors, and financing.
When you start a business you must register the company's name with the secretary of state
where you will base your business. Businesses can now make loans from banks to get off there feet,people sometimes use there own money, and angel investors. Those are people who invest an amount of money in a start up business in exchange for a part of the business. The most hard part is getting the business of the ground by selling and promoting.

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