Home Businesses Beginning With K


Home Businesses Beginning With K

90% of all businesses are home businesses

Let us make sure home business survives and grows

  • Do you want your home business to succeed for you?

  • Want to work at home and succeed, work from home and get the success you want.

  • Do you want new home business to grow?

  • Without turning life into a nightmare?

  • Do you want home business to become a business you can be proud of?

  • Do you want to learn from mistakes? Or learn from others and save time and money?

The truth about home businesses is that:

  • 40% of home businesses will fail within 12 months!

  • All but 10% will be gone within five years

  • 96% of home business owners never want to go back to working for someone else

  • The owner will always remain the key employee

  • 95% of home businesses do not operate in the way that the owner wants them to

  • Over 90% of owners think that it is impossible to get the people they really need

  • Over half of all home businesses never make any money

Thinking of owning and managing your own business? It's a good idea - provided you know what it takes and have what it takes.

Starting a business is risky at best; but your chances of making it go will be better if you understand the problems you'll meet and work out as many of them as you can before you start.




Home Businesses Beginning With K

We can help you with advice for your home business in 46,719 different business sectors!

Search for your business sector today.

Kabaddi Blog

Kaduna Blog

Kaftans

Kajukenbo School

Kalamata Condiment Olives

Kalarippayaltu School

Kale

Kale Chips

Kale Farm

Kaley Cuoco Fansite

Kampala Blog

Kananga Blog

Kano Blog

Kanpyo

Kansas Blog

Kansas City Blog

Kansas City Chiefs Fansite

Kansas City Royals Fansite

Kansas Jayhawks Fansite

Kansas State Wildcats Fansite

Kanye West Fansite

Karachi Blog

Karaoke

Karaoke Backing Tracks

Karaoke Bags and Cases

Karaoke Bar

Karaoke Downloads

Karaoke Entertainment Blog

Karaoke Equipment

Karaoke Hire

Karaoke Home System Packages

Karaoke Machines

Karaoke Microphones

Karaoke Music Blog

Karaoke Music DVDs

Karaoke Players

Karaoke Portable Systems

Karaoke Software

Karaoke Stands and Hardware

Karaoke Store

Karaoke Systems

Karate

Karate School

Karcher Pressure Washers

Kart Racing

Karting

Kate Beckinsale Fansite

Kate Upton Fansite

Kate Winslet Fansite

Katherine Heigl Fansite

Katie Melua Fansite

Katy B Fansite

Katy Perry Fansite

Kava Supplements

Kayak Accessories

Kayak and Canoe Car Racks

Kayak and Canoe Car Trailers

Kayak Canoe and SUP Car Racks

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Kayak Spray Skirts

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Kayaking Blog

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Kayaks

Kayokyoku Music Blog

Keepsake Frames

Keepsake Quilting

Kegs

Kei Nishikori Fansite

Keira Knightley Fansite

Kelli Williams Fansite

Kelowna Blog

Kelp

Kelp Animal Feed

Kelp Meal and Pellets

Kelvin Bridges Instruments

Kenaf

Kenaf Farm

Kendall Jenner Fansite

Kendrick Lamar Fansite

Kennel

Kennels

Kenny Chesney Fansite

Kenpo School

Kent Blog

Kent State Golden Flashes Fansite

Kentucky Blog

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Kenya Blog

Keratin Hair Extensions

Kerosene

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Kesha Fansite

Ketchup

Kettlebells

Kevin Costner Fansite

Kevin Durant Fansite

Kevin Gates Fansite

Kevin Hart Fansite

Kevin Love Fansite

Key Cabinets

Key Cabinets and Key Racks

Key Cases

Key Chain Flashlights

Key Chains

Key Chains and Key Rings

Key Cutting

Key Cutting Machines

Key Duplicating Kiosk

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Key Lime Pies

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Key Pendants

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Keyboard Amplifiers

Keyboard and Mice Accessories

Keyboard Bags Cases and Covers

Keyboard Benches

Keyboard Cleaning and Care Products

Keyboard Drawers and Platforms

Keyboard Instrument Accessories

Keyboard Pedals and Footswitches

Keyboard Power Supplies

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Keyboard Sound Libraries

Keyboard Stands

Keyboarding Lessons

Keyboards

Keyboards Mice and Input Devices

Keyboards Mice and Pointing Devices

Keyboards Peripherals

Keychain Picture Frames

Keyed Locksets and Handles

Keyed Padlocks

Keyless Entry Door Locks

Keyless Entry Relays

Keyless Entry System

Keynote Speakers

Keypad and Pushbutton Locksets

Keys

Keys and Locks

Khartoum Blog

Khloe Kardashian Fansite

Kick Boxing School

Kick Panels

Kick Scooters

Kickballs

Kickballs and Playground Balls

Kickboxing School

Kick-Down Solenoids

Kicker Shocks

Kick-Panel Car Speaker Enclosures

Kid Cudi Fansite

Kiddie Pools

Kidney Beans

Kids and Babies Costume Accessories

Kids and Babies Costume Hats

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Kids and Babies Costumes

Kids and Family Blu-ray Discs

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Kids Apps

Kids Armchairs

Kids Armoires Chests and Dressers

Kids Art and Creativity Software

Kids Art Clay and Dough

Kids Art Paint Brushes

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Kids Artist Aprons and Smocks

Kids Arts and Crafts Adhesives

Kids Backpacks

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Kids Baking Supplies

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Kids Baseball and Softball Gloves

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Kids Batting Gloves

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Kids Bedding Sets and Collections

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Kids Bendable Sculpting Sticks

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Kids Birthday Parties

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Kids Blog

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Kids Books

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Kids Chairs

Kids Clothing

Kids Clothing Blog

Kids Clothing Boutique

Kids Clothing Designer

Kids Clothing Shoes and Accessories

Kids Clothing Store

Kids Colored Pencils

Kids Coloring Pens and Markers

Kids Coloured Pencils

Kids Colouring Pens and Markers

Kids Comforter Sets

Kids Comforters

Kids Computer Games

Kids Cooking Appliances

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Kids Costumes

Kids Crafts

Kids Crayons

Kids Cycling Protective Gear

Kids Desk Chairs

Kids Desks and Desk Sets

Kids Diaries Journals and Notebooks

Kids Drawer Handles and Pulls

Kids Drawing and Painting Supplies

Kids Drawing Chalks

Kids Drawing Charcoals and Pastels

Kids Drawing Pads and Books

Kids Drawing Pencils

Kids Dresses

Kids Dress-Up Toys

Kids Duvet Cover Sets

Kids Duvet Covers

Kids Duvet Covers and Sets

Kids Easels

Kids Educational Computer Games

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Kids Electric Vehicles

Kids Electronic Learning Systems

Kids Electronic System Accessories

Kids Electronic Systems

Kids Felt Craft Kits

Kids Finger Paint

Kids Fitness Equipment

Kids Folding Chairs

Kids Football Gear

Kids Furniture

Kids Furniture Handles and Pulls

Kids Games

Kids Glass Art and Sun Catcher Kits

Kids Golf Balls

Kids Golf Clubs

Kids Golf Clubs Drivers

Kids Golf Clubs Hybrids

Kids Golf Clubs Putters

Kids Golf Gear

Kids Golf Sets

Kids Golf Utility Clubs

Kids Guitars and Strings

Kids Gymnastics Equipment

Kids Gymnastics Gear

Kids Gymnastics Mats

Kids Gymnastics Skill Shapes

Kids Handheld Games

Kids Hiking Shoes

Kids Hockey Gear

Kids Hockey Goalie Equipment

Kids Hockey Protective Gear

Kids Hockey Roller Skates

Kids Hockey Sticks

Kids Home Store

Kids Ice Hockey Skates

Kids Ice Skates

Kids Indoor Climbers

Kids Instrument Accessories

Kids Iron Golf Clubs

Kids Jewellery Making Kits

Kids Jewelry Making Kits

Kids Karaoke Machine Accessories

Kids Karaoke Machines

Kids Left-Handed Clubs

Kids Loose Drawing Paper

Kids Lunch Bags

Kids Lunch Boxes

Kids Microscopes

Kids Money Banks

Kids Mosaic Kits

Kids MP3 Players

Kids Music Players and Karaoke

Kids Musical Instruments

Kids Nightstands

Kids Oral Hygiene Products

Kids Ottomans

Kids Outdoor Benches

Kids Outdoor Chairs

Kids Outdoor Furniture

Kids Outdoor Safety Products

Kids Outdoor Table and Chair Sets

Kids Paint By Number Kits

Kids Paint With Water Kits

Kids Paper Craft Kits

Kids Parties

Kids Party Balloons

Kids Party Banners

Kids Party Banners and Streamers

Kids Party Confetti

Kids Party Cups

Kids Party Favor Sets

Kids Party Games and Crafts

Kids Party Hats

Kids Party Napkins

Kids Party Plates

Kids Party Streamers

Kids Party Supplies

Kids Party Supply Packs

Kids Party Table Covers

Kids Party Tableware

Kids Pedal Cars

Kids Pencil Erasers

Kids Percussion Instruments

Kids Personal Video Players

Kids Pianos and Keyboards

Kids Picnic Tables

Kids Pillow Shams

Kids Pillowcases

Kids Pillows

Kids Plastic Baseball Balls

Kids Play Bracelets

Kids Play Necklaces

Kids Play Rings

Kids Play Tents and Tunnels

Kids Playhouses

Kids Plush Pillows

Kids Printing and Stamping Supplies

Kids Pull-Along Wagons

Kids Quad Bikes

Kids Quilt Sets

Kids Quilts

Kids Quilts and Sets

Kids Reading Books

Kids Recliners

Kids Riding Toys

Kids Rock Tumblers

Kids Rocking and Spring Ride-Ons

Kids Rocking Chairs

Kids Room

Kids Room Bookends

Kids Room Clocks

Kids Room Decor Accents

Kids Room Decor Lamps and Lighting

Kids Room Decor Window Treatments

Kids Room Wastebaskets

Kids Rugs

Kids Safe Online Service

Kids Sand Art Kits

Kids Science and Nature Software

Kids Scrapbooking Kits

Kids Scratchboard Art Kits

Kids Sewing Kits

Kids Sheet Sets

Kids Sheets and Pillowcases

Kids Shoe Store

Kids Shoes

Kids Shower Accessories

Kids Soccer Balls

Kids Soccer Camps

Kids Soccer Gear

Kids Soccer Goals

Kids Soccer Protective Gear

Kids Sofas

Kids Softball Bats

Kids Softballs

Kids Software and Books

Kids Sports

Kids Stencil and Tracing Paper

Kids Step Stools

Kids Stick Horses

Kids Stickers

Kids Stools

Kids Summer Camp

Kids Swim Floats

Kids Swimwear

Kids Tables and Chairs

Kids Telescopes

Kids Tempera and Poster Paint

Kids Temporary Tattoos

Kids Tennis Balls

Kids Tennis Gear

Kids Tennis Racquets

Kids Tie-Dye and Fashion Craft Kits

Kids Toothbrushes

Kids Toothpaste

Kids Tricycles

Kids Underwear

Kids Vanities

Kids Volleyball Gear

Kids Volleyball Protective Gear

Kids Volleyballs

Kids Walkie Talkies

Kids Wall

Kids Wallpaper

Kids Watercolor Paints

Kids Wheelbarrows

Kids Wind and Brass Instruments

Kids Wood Craft Kits

Kids Wood Golf Clubs

Kielbasa

Kiesza Fansite

Kigali Blog

Killeen Blog

Kilmarnock Fansite

Kiln Construction

Kilns

Kilns and Firing Accessories

Kilts

Kim Kardashian Fansite

Kimchi

Kimi Raikkonen Fansite

Kindergarten

Kindle Blog

Kindle Books

Kindle Cases

King Bedding Sets

King Mattresses

King Pin Sets

King Size Bed Mattresses

King Size Beds

King Size Futons

King Size Mattresses

Kingdom Hearts Fansite

Kingston Blog

Kingston upon Hull Blog

Kinomichi School

Kinshasa Blog

Kiosk

Kippered Herrings

Kisangani Blog

Kiss O Gram

Kisser Buttons

Kissogram Service

Kit Car Bodies

Kitchen Accessories

Kitchen Accessories Store

Kitchen Aids

Kitchen and Bar Sinks

Kitchen and Bath Fixtures

Kitchen and Bathrooms

Kitchen and Dining Room Benches

Kitchen and Dining Room Chairs

Kitchen and Dining Room Furniture

Kitchen and Dining Room Sets

Kitchen and Dining Room Tables

Kitchen and Home Collectibles

Kitchen and Table Linen Accessories

Kitchen and Table Linens

Kitchen Appliances

Kitchen Backsplash Tiles

Kitchen Cabinet Accessories

Kitchen Cabinet Doors

Kitchen Cabinet Glass

Kitchen Cabinet Maker

Kitchen Cabinet Repairs

Kitchen Cabinet Store

Kitchen Cabinetry

Kitchen Cabinets

Kitchen Cabinets and Counters Constructed On Site

Kitchen Chairs

Kitchen Cleaners

Kitchen Cleaning

Kitchen Colanders

Kitchen Cookware

Kitchen Cookware Sets

Kitchen Counters

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Kitchen Curtains

Kitchen Cutlery

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Kitchen Cutlery Trays

Kitchen Degreasing and Cleaning Preparations

Kitchen Designer

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Kitchen Drains and Strainers

Kitchen Electric Appliances

Kitchen Equipment

Kitchen Fans

Kitchen Faucets

Kitchen Fitter

Kitchen Fixtures

Kitchen Flooring

Kitchen Food Preparation Equipment

Kitchen Furniture

Kitchen Gadgets

Kitchen Garlic Presses

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Kitchen Gifts

Kitchen Gifts and Accessories

Kitchen Glassware Retail

Kitchen Ice Cream Scoops

Kitchen Islands

Kitchen Islands and Carts

Kitchen Items

Kitchen Knives

Kitchen Ladles

Kitchen Light Fixtures

Kitchen Lighting

Kitchen Linen Sets

Kitchen Metal Scoops

Kitchen Mixers

Kitchen Organisation Sets

Kitchen Organization Sets

Kitchen Planning Service

Kitchen Ranges

Kitchen Remodeling Service

Kitchen Renovation Service

Kitchen Reusable Grocery Bags

Kitchen Rugs

Kitchen Scales

Kitchen Serving Carts

Kitchen Sets

Kitchen Shears

Kitchen Sink Accessories

Kitchen Sink Aerators

Kitchen Sink Faucets

Kitchen Sink Installation Parts

Kitchen Sink Pot Filler Faucets

Kitchen Sinks

Kitchen Small Appliances

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Kitchen Storage

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Kitchen Storage Sets

Kitchen Table and Chairs

Kitchen Tables

Kitchen Tiles

Kitchen Tools

Kitchen Utensils

Kitchen Utensils and Gadgets

Kitchen Utility Knives

Kitchen Wine Racks

Kitchen Worktops

Kitchener Blog

Kitchens

Kitchenware and Glassware

Kitchenware Store

Kite Flying Accessories

Kite Flying Blog

Kite Retailer

Kites

Kites and Wind Spinners

Kitesurfing Blog

Kits

Kiwano Melons

Kiwi Fruit

Kiwi Fruit Farm

Kiwi Juice

Kiwifruit

Kjeldahl Flasks

Klezmer Music Blog

Klingande Fansite

Knackwurst

Knapping Blog

Knapsacks

Knee Braces

Knee Length Girls Hosiery

Kneeboarding Equipment

Kneel Down Breads

Knickers

Knickknack Shelves

Knife Blades

Knife Blanks

Knife Blocks

Knife Blocks and Storage

Knife Cases Holders and Protectors

Knife Hinges

Knife Making Blog

Knife Sets

Knife Sharpeners

Knife Sharpening

Knife Switches

Knishes

Knit Cut Gloves

Knit Cut Mittens

Knit Fabrics

Knitted Athletic Pants

Knitted Baby Blanket Patterns

Knitted Bathing Suits

Knitted Bathrobes

Knitted Beachwear

Knitted Bed Sets

Knitted Bedspreads

Knitted Bedspreads and Bed Sets

Knitted Blouses

Knitted Body Stockings

Knitted Caps

Knitted Chemises

Knitted Crew Socks

Knitted Dishcloths

Knitted Dress Gloves

Knitted Dresses

Knitted Dressing Gowns

Knitted Fabric

Knitted Flowers

Knitted Girdles

Knitted Gloves

Knitted Hats

Knitted Housecoats

Knitted Jackets

Knitted Jogging Suits

Knitted Leggings

Knitted Leotards

Knitted Lounging Robes

Knitted Mittens

Knitted Mufflers

Knitted Neckties

Knitted Neckwear

Knitted Negligees

Knitted Nightgowns

Knitted Nightshirts

Knitted Nightwear

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Knitted Outerwear Shorts

Knitted Outerwear T Shirts

Knitted Pajamas

Knitted Polo Shirts

Knitted Pyjamas

Knitted Scarves

Knitted Seed Bags

Knitted Semi-dress Gloves

Knitted Shorts

Knitted Ski Pants

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Knitted Slacks

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Knitted Snowsuits

Knitted Socks

Knitted Suits

Knitted Sweat Bands

Knitted Sweat Pants

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Knitted Sweater Jackets

Knitted Sweater Vests

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Knitted T Shirts

Knitted Tennis Shirts

Knitted Tennis Skirts

Knitted Textile Bags

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Knitted Underwear T Shirts

Knitted Warm Up Suits

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Knitted Work Gloves and Mittens

Knitted Work Mittens

Knitting

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Knitting and Crochet Supplies

Knitting and Finishing Lace

Knitting Blog

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Knitting Looms and Boards

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Knitting Wool Suppliers

Knitting Yarns

Knitwear Design

Knitwear Patterns

Knitwear Store

Knives

Knives and Bits

Knives and Cutlery Retail

Knives and Lathes

Knives and Planers

Knives and Scalpels

Knives and Shapers

Knives Swords and Blades Collectibles

Knobs

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Knock Down Household Furniture

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Knockwurst

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Knowledge Management Systems

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Knoxville Blog

Knurled Knobs

Knurling Machine

Kobe Bryant Fansite

Kohlrabi

Koi Fish

Kolkata Blog

Korean Food

Korean Restaurant

Kosher Restaurant

Kosher Salts

K-Pop Music Blog

Kraft Liner Board

Kraft Paper

Kraft Postal and Packaging Paper

Krav Maga School

KRC Genk Fansite

Krill Oil

Krill Oil Supplements

Kristen Bell Fansite

Kristen Stewart Fansite

Krypton and Xenon Bulbs

KS Blog

Kuala Lumpur Blog

Kuk Kiwon School

Kuk Sool Won School

Kumasi Blog

Kumquats

Kung Fu Instruction

Kung Fu School

Kurash School

Kurdish Restaurant

Kurtas

KVM Switches

KwaZulu Natal Blog

KY Blog

Kygo Fansite

Kylie Jenner Fansite




With the advent of affordable technologies and e-commerce, more businesspeople are launching a home business. Money is a primary reason for the decision, as many home-based entrepreneurs start with less than $5,000 and no savings but there are thousands of small-business owners who would not have it any other way.

Here are some things you must consider:

  • How much foot traffic will you have? Clients, salespeople, and mail carriers may all need to visit. Is your home zoned for business applications? Will your insurance company cover any accidents? Is your home set up to accommodate visitors although it can be fairly easy to meet at a client's place of business, a restaurant, or a coffee shop. For bigger meetings, check with your Chamber of Commerce -- you may be able to use the conference room for free.

  • How much space do you have? Will it allow for expansion as you add clients and equipment? Adding a second printer, scanner and more file drawers makes it trickier.

  • How will your family adjust to the office? Will you be able to have a dedicated space, with no intrusions? Will you be able to keep your business phone off limits to others? Will your equipment be used only for business, or will you have to vie for time on the computer? Will there be resentment if you're home and not spending time with your family?

  • Can you keep your business and personal life separate? Can you work if the dog is barking, the kids are screaming, or the laundry needs to be done? Will you be able to stop and start working at certain times?

  • Think about the environment in which you'll be working. Try to pick a space with good natural light and a door you can close to the outside world.






Starting A Home Business

Starting a business from home is a great way to ease into your new business. If you are not well suited to home-based business, you will know very quickly; as you grow and become successful, you can always move to a larger space outside your home.

A majority of people who set up a home business may not know what makes it successful. Most of them have been misled into believing that home business is all about working 2-3 hours a day and making loads of money. Had it been that easy, everyone would have been into home business. This statement is by no means meant to discourage those who are just into it or are planning to start their own home-based business. The fact is that a home business has great growth potential, provided it is done using proper business strategy.

  • Do not blindly follow the person trying to initiate you into some home business. If you are thinking of dealing in a product or products, you will have some research to do independently and not rely on the figures handed out by that person. Ascertain the present demand of the product in the market. Look a few years or a decade ahead to determine whether the product will have a market then. Try to target people who have the maximum disposable incomes.

  • Study the needs of the people and see what products will suffice those needs presently and in the coming future. It is best to avoid products that have competition. Consumers normally prefer branded products, which they like buying from a big retail store. Big brands have huge advertisement budgets, which will drown your product in no time. The markets that are expanding fast are Internet Marketing, Mail-order marketing, Personal care industry, and Health and Wellness industry. Products and services related to these markets have a great growth potential.

  • It is best to deal in a product that has repeat order value. A consumer product backed by efficient service and delivery time will have people ordering from you repeatedly.

  • Your home business would do well where you do not have to stock goods at home and unnecessarily block your money. Book orders for the products and let the delivery be handled by the company. You save yourself a lot of botheration that way.

  • Make sure that the company provides you with all the training you require to sell the product. Most people doing home business have little idea about business in the first place. Thus, it is essential to have proper back up from the company.

  • A business that works on the leverage concept is what you should aim at, which gives you enough support to accomplish your business. Were you to work on your own, you would have been better off in a job.

  • The parent company, whose products you sell, should be long standing and have a reputation in the market. Learn more about the way they function, especially, their delivery system. If they cannot handle multiple order deliveries, be prepared to face an army of complaining customers.

  • A little discretion applied now will save you a lot of bother later, and help your business grow the way you want it to.

Home Business - Marketing

There are also some marketing concerns to being based at home. Although there are millions of home-based businesses now, there is still a stigma associated with working from home. If you decide to launch from home, keep in mind the following:

  • Don't use your home address for your business cards, stationery, collaterals, etc. Better to have a PO box where you can get all your mail. It looks better than 123 Anywhere Road.

  • Without a storefront, your image is all you have. Spend time and money to make your business cards, brochures, and stationery reflect a truly professional operation. Not to sound like a broken record, but please don't make your business cards and stationery on your own (unless you're a graphic designer). Don't use those pre-perforated business cards you can buy at office stores. It's tempting but business cards are relatively inexpensive to have designed and professionally printed.

  • Don't skimp on a dedicated phone line. A phone line for business use only is absolutely necessary. Get yourself set up for voice mail, rather than an answering machine (it sounds more professional.) Don't skimp on Internet connections either.

  • Make sure that you can close out the noise of your household.

  • Answer the phone professionally. If you have little kids, don't let them answer the phone. It won't seem cute to your clients.

  • Get out of the house every day, even if it is just to get the mail or take a brisk walk. Creativity suffers the longer you spend in one place. Being at your computer screen in all day can suck the mental sharpness right out of you.

  • Stay involved in outside meetings and activities. Plan lunch dates, go to seminars, check in with customers and prospects. Don't stay trapped in your office.

Home Business - Questions

Here are some questions to help you think through what you need to know and do. Answer each question with a YES or NO. Where the answer is NO, you have some work to do.

Before You Start

  • Are you the kind of person who can get a business started and make it go?

  • Think about why you want to own your own business. Do you want to badly enough to keep working long hours without knowing how much money you'll end up with?

  • Have you worked for someone else as a foreman or manager?

  • Have you had any business training in school?

  • Have you saved any money?

How About the Money?

  • Do you know how much money you will need to get your business started?

  • Have you determined how much money of your own you can put into the business?

  • Do you know how much credit you can get from your suppliers -- the people you will buy from?

  • Do you know where you can borrow the rest of the money you need to start your business?

  • Have you figured out what net income per year you expect to get from the business?

  • Count your salary and your profit on the money you put into the business. Can you live on less than this so that you can use some of it to help your business grow?

  • Have you talked to a banker about your plans?

How About a Partner?

  • If you need a partner with money, do you know someone who will fit - someone you can get along with?

  • Do you know the good and bad points about going it alone, having a partner, and incorporating your business?

  • Have you talked to a lawyer about it?

How About Your Customers?

  • Do most businesses in your community seem to be doing well?

  • Have you tried to find out whether stores like the one you want to open are doing well in your community and in the rest of the country?

  • Do you know what kind of people will want to buy what you plan to sell?

  • Do people like to live in the area where you want to open your store?

  • Do they need a store like yours?

  • If not, have you thought about opening a different kind of store or going to another neighbourhood?

Your Building

  • Have you found a good building for your store?

  • Will you have enough room when your business gets bigger?

  • Can you fix the building up the way you want it without spending too much money?

  • Can people get to it easily from parking spaces, bus stops, or their homes?

  • Have you had a lawyer check the lease and zoning?

Equipment and Supplies

  • Do you know just what equipment and supplies you need and how much they will cost?
  • Can you save some money by buying second-hand equipment?

Your Merchandise

  • Have you decided what things you will sell?

  • Do you know how much or how many of each you will buy to open your store with?

  • Have you found suppliers who will sell you what you need at a good price?

  • Have you compared the prices and credit terms of different suppliers?

Your Records

  • Have you planned a system of records that will keep track of your income and expenses, what you owe people, and what other people owe you?

  • Have you worked out a way to keep track of your inventory so that you will always have enough on hand for your customers but not more than you can sell?

  • Have you figured out how to keep your payroll records and take care of tax reports and payments?

  • Do you know what financial statements you should prepare?

  • Do you know an accountant who will help you with your records and financial statements?

Your Store and The Law

  • Do you know what licenses and permits you need?

  • Do you know what business laws you have to obey?

  • Do you know a lawyer you can go to for advice and help with legal papers?

Buying a Business Someone Else Has Started

  • Have you made a list of what you like and don't like about buying a business someone else has started?

  • Are you sure you know the real reason why the owner wants to sell this business?

  • Have you compared the cost of buying the business with the cost of starting a new business?

  • Is the stock up to date and in good condition?

  • Is the building in good condition?

  • Will the owner of the building transfer the lease to you?

  • Have you talked with other business owners in the area to see what they think of the business?

  • Have you talked with the company's suppliers?

  • Have you talked with a lawyer about it?

Advertising

  • Have you decided how you will advertise? (newspapers -- posters -- handbills -- radio -- mail?)

  • Do you know where to get help with your ads?

  • Have you watched what other stores do to get people to buy?

The Prices You Charge

  • Do you know how to figure what you should charge for each item you sell?

  • Do you know what other stores like yours charge?

Buying

  • Do you have a plan for finding out what your customers want?

  • Will your plan for keeping track of your inventory tell you when it is time to order more and how much to order?

  • Do you plan to buy most of your stock from a few suppliers rather than a little from many, so that those you buy from will want to help you succeed?

Selling

  • Have you decided whether you will have sales clerks or self-service?

  • Do you know how to get customers to buy?

  • Have you thought about why you like to buy from some sales clerks while others turn you off?

Your Employees

  • If you need to hire someone to help you, do you know where to look?

  • Do you know what kind of person you need?

  • Do you have a plan for training your employees?

Credit for Your Customers

  • Have you decided whether or not to let your customers buy on credit?

  • Do you know the good and bad points about joining a credit-card plan?

  • Can you tell a deadbeat from a good credit customer?

A Few Extra Questions

  • Have you figured out whether or not you could make more money working for someone else?

  • Does your family go along with your plan to start a business of your own?

  • Do you know where to find out about new ideas and new products?

  • Do you have a work plan for yourself and your employees?

  • If you have answered all these questions carefully, you've done some hard work and serious thinking. That's good. But you have probably found some things you still need to know more about or do something about.

  • Do all you can for yourself, but don't hesitate to ask for help from people who can tell you what you need to know. Remember, running a business takes guts! You've got to be able to decide what you need and then go after it.



Great Businesses were Planned that way!






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