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Most Recent Questions in Starting a Business

Question added to topic Starting a BusinessDecember 4, 2007

What should I be doing now to be able to own a business in a few years?

This is a great question to ask a lot of people, because there's no set answer. Lots of people will have lots of different opinions. For me, I'd say focus on getting an education that teaches... (more)
Question added to topic Starting a BusinessNovember 8, 2007

Should I make my business a non-profit?

Hi, Put simply, yes, I would guess not-for-profit would be a great choice. Your higher purpose is generally a great case for why you would use not-for-profit status. Get a great accountant or... (more)
Question added to topic Starting a BusinessNovember 8, 2007

How can I best utilize my foreign language skills as an entrepreneur?

Hey Hunter, Generally, it would be good to get involved in some form of consulting or sales representation. You could help American counties who want to open in Russia or Eastern Europe.... (more)
Question added to topic Starting a BusinessNovember 7, 2007

How do I continue plans for my business or product if I find that someone has already gotten ahead with the same idea?

Don't worry about it, ideas are a very small part of a successful business. Apple wasn't the first personal computer company, Ford didn't build the first car, McDonald's wasn't the first hamburger... (more)
Question added to topic Starting a BusinessOctober 1, 2007

How helpful would it be for me to contact a S.C.O.R.E. volunteer in order to help me brainstorm business concepts?

Dan, SCORE is a great resource and depending upon the volunteers that staff your area, you could be matched with someone great in idea generation or someone with no experience. My simple... (more)
Question added to topic Starting a BusinessOctober 1, 2007

How helpful would it be for me to contact a S.C.O.R.E. volunteer in order to help me brainstorm business concepts?

Dan, SCORE is a great resource and depending upon the volunteers that staff your area, you could be matched with someone great in idea generation or someone with no experience. My simple... (more)
Question added to topic Starting a BusinessOctober 1, 2007

How helpful would it be for me to contact a S.C.O.R.E. volunteer in order to help me brainstorm business concepts?

Dan, SCORE is a great resource and depending upon the volunteers that staff your area, you could be matched with someone great in idea generation or someone with no experience. My simple... (more)
Question added to topic Starting a BusinessOctober 1, 2007

Is it better to go it alone on an invention or give your idea to a company to create and market?

Great question and the answer is tough given how little detail I have to work with. It really depends. That said, most great inventions (and by great I mean they sold a lot) are handled by an... (more)
Question added to topic Starting a BusinessSeptember 26, 2007

What's in a name?

Contrary to popular assumption, business names rarely exist outside of contextual support. Can you name an instance where your name alone has to explain what you do, how you do it, and why you're... (more)
Question added to topic Starting a BusinessSeptember 26, 2007

What's in a name?

Contrary to popular assumption, business names rarely exist outside of contextual support. Can you name an instance where your name alone has to explain what you do, how you do it, and why you're... (more)
Question added to topic Starting a BusinessSeptember 26, 2007

What's in a name?

Contrary to popular assumption, business names rarely exist outside of contextual support. Can you name an instance where your name alone has to explain what you do, how you do it, and why you're... (more)
Question added to topic Starting a BusinessSeptember 26, 2007

What's in a name?

Contrary to popular assumption, business names rarely exist outside of contextual support. Can you name an instance where your name alone has to explain what you do, how you do it, and why you're... (more)
Question added to topic Starting a BusinessSeptember 26, 2007

What's in a name?

Contrary to popular assumption, business names rarely exist outside of contextual support. Can you name an instance where your name alone has to explain what you do, how you do it, and why you're... (more)
Question added to topic Starting a BusinessSeptember 23, 2007

Should I hire a writer to make my business plan look more professional?

Many people hire business plan writers to make their plans look "more professional," but a slick presentation alone won't make investors write that check. The best reason to hire a... (more)
Question added to topic Starting a BusinessSeptember 23, 2007

Should I hire a writer to make my business plan look more professional?

Many people hire business plan writers to make their plans look "more professional," but a slick presentation alone won't make investors write that check. The best reason to hire a... (more)
Question added to topic Starting a BusinessSeptember 23, 2007

I'm starting a business with an investor. If I have the knowledge and he has all the capital, what is a fair percentage of ownership for both of us?

When it comes to investing, cash is king. So don't be surprised if your investor asks for the lion's share of the equity. That said, your expertise is also valuable -- otherwise, the investor... (more)
Question added to topic Starting a BusinessSeptember 12, 2007

How do I figure projections for a start up business?

You need to visit with your local small business development center to discuss the creation of a business plan. You also need to research your industry to help with information necessary for... (more)
Question added to topic Starting a BusinessSeptember 12, 2007

What do I do when I have a possible business partner that does not have the skills and knowledge, but has the desire to learn?

Choosing a partner is one of the most important startup decisions you’ll ever make. There is no reason to have a partner unless he or she brings something to the table that you don’t – whether... (more)
Question added to topic Starting a BusinessSeptember 12, 2007

What do I do when I have a possible business partner that does not have the skills and knowledge, but has the desire to learn?

Choosing a partner is one of the most important startup decisions you’ll ever make. There is no reason to have a partner unless he or she brings something to the table that you don’t – whether... (more)
Question added to topic Starting a BusinessSeptember 12, 2007

What do I do when I have a possible business partner that does not have the skills and knowledge, but has the desire to learn?

Choosing a partner is one of the most important startup decisions you’ll ever make. There is no reason to have a partner unless he or she brings something to the table that you don’t – whether... (more)
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