Courtesy of Power Home Biz:
Having no idea where and how to get started
Lack of innovative business idea, often mere imitation and not coming from some unresolved problems or unfilled needs
Becoming too fixated with the business idea, even if it proves to be unworkable
Choosing a very small unprofitable niche
Not focusing on the user
Easily believing and buying […]
If you are in the market for an online business then SitePoint’s online marketplace for existing websites could prove useful. It’s free to look and each site offers the ability to bid or buy it outright. It’s great for those who want to cut out all the brainstorming and development hassle and just get straight […]
Courtesy of PowerHomeBiz & National Small Business Association:
Credit cards - 44%
Earnings of the business - 43%
Bank loan - 29%
Private loan (friends or family) - 22%
Vendor credit - 18%
Leasing - 7%
Small Business Administration loan - 6%
Private placement of debt - 4%
Selling/pledging of accounts receivables - 3%
Private placement of stock - 1%
MyVesta.org:
I ran across this interview with an entrepreneur out of Boston, David Fisher, and thought it gave a very good glimpse into the reality of starting your own business.
I recently started a very small guitar pedal company, and am in the process of getting everything set to launch our first product: the Delay Daddy. What […]
JobJournal:
Know yourself. Take time for self-assessment. Have a passion for your product or service, and use your accumulated experiences to find a niche that enables you to use your strengths and offer new solutions to your market. Believe you can succeed, and commit to your goal. Don’t go into business to get rich quickly.
Acquire education. […]
FastCommerce:
Are you interested in a low cost, FREE, way of establishing an ecommerce website for your small business? Look no further. I recently ran across this web tool which allows novice internet users, or even experts if they so choose, to start and develop an online ecommerce website for their small business in under 5 […]
Zen Massage Center:
If you’re looking for a franchise opportunity, and you recognize the huge market of personal services like massages, then Zen Massage may be a good fit for you. Zen Massage has recognized the massage market is filled with expensive offerings. It offers massages starting at $39.95 for one hour!! Here is what Zen […]
Franchising.com:
Rug Decor, a specialty rug retail franchise has been approved by the U.S. Small Business Administration (SBA) for listing on the SBA’s Franchise Registry. The SBA approval expedites the process for Rug Decor franchisees to obtain SBA loans and makes it simple for new owners to start their business with the growing retail concept.
Rug Decor […]
