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Most Recent Questions

Question added to topic Starting a BusinessJune 16, 2011

How Do I Have a Prototype Built?

You'd probably need to get the prototype built before you go to a manufacturer, unless you have a previous relationship with a company who is willing to work with you. There a lot of... (more)
Question added to topic MoneyJune 10, 2011

How Much Should I Charge for My Service?

You need to work out what your numbers are on the expense side first, then determine what you bring in terms of value to the table to price your services accordingly. Since you are in the... (more)
Question added to topic Legal Basics For StartupsJune 3, 2011

How Do I Start a Personal Training Business?

Many personal trainers do business under a name other than their own. For example, someone named Angela Smith may want to do business as "Body by Angela" or "Angela Smith Personal... (more)
Question added to topic Starting a BusinessJune 3, 2011

How Do I Protect My Personal Assets?

There are two important steps you can take to protect your personal assets when starting a company. First, make sure you are operating as a corporation or a limited liability company. A local... (more)
Question added to topic Starting a BusinessJune 2, 2011

Should I License My Product Idea for Royalty Fees?

If this is the type of arrangement you choose to make, you'll need to do a lot of due diligence. It's best to talk to people who have actually done this to get an idea of the "ins and... (more)
Question added to topic Starting a BusinessMay 27, 2011

What's the Best Plan for Paying Back Investors?

What you're suggesting here sounds much more like a loan than an investment. Think of an investment as someone buying a percentage of ownership in your company in exchange for a sum of money that... (more)
Question added to topic Starting a BusinessMay 26, 2011

We Launched. What's Next?

It sounds like everything is set. Now, you need customers. Your next move will depend on what you're selling. Are you in a high "traffic" area? Do you have all the names and contact... (more)
Question added to topic Starting a BusinessMay 23, 2011

How Do I Design a Prototype?

Start with your own industry and see if you can find someone who will build something for you directly, or can refer someone who can "freelance" for you. You can also use the internet... (more)
Question added to topic Starting a BusinessMay 17, 2011

Can I Protect My Idea Without a Patent?

This is a tough situation. Patents just aren't that protective anymore. I own a corporation and I stopped signi (more)
Question added to topic FranchisesMay 17, 2011

Can I Find an Investor for a Seasonal Product?

I'm going to assume that when you write "venture capital" what you really mean is an investor -- someone who will write a check in exchange for a share in your business. For the record,... (more)
Question added to topic MarketingMay 17, 2011

What Are the Best Ways to Advertise a Niche Product?

What kind of marketing support is the manufacturer giving you? Do you have any sales sheets? Do they do any social media or other forms of advertising? Next big question: What's your... (more)
Question added to topic Grow Your BusinessMay 17, 2011

How Can I Attract More Customers?

It depends on several factors. Begin by asking yourself what makes your Internet cafe different or special. Is it the cool place to be because of the decor or music? Is it in a popular or... (more)
Question added to topic MarketingMay 17, 2011

How Do I Get Companies to Advertise on My Website?

The simple answer is by doing your homework and persevering. First, you have to know two things: What demographic markets comprise your 2,000 to 4,000 site visitors and what kinds of services they... (more)
Question added to topic Starting a BusinessMay 13, 2011

How Do I Relaunch a Defunct Business?

Any time you want to launch or resurrect a business, you have a couple legal issues to consider when choosing a name. First, you want to be sure that the name is available with your state's... (more)
Question added to topic Grow Your BusinessMay 13, 2011

Can a Partial Partner Shut Down a Business?

Shuttering a business because the other partner won't pony up is a clear sign of discord. The partner demanding the contribution could either be trying to (unfairly) precipitate a rift, or could be... (more)
Question added to topic Starting a BusinessMay 12, 2011

How Much Does it Cost to Launch a New Product?

Numbers are the language of business. It is critical to "know your numbers" on the expense side before plunging into any business venture. You're talking about starting something... (more)
Question added to topic MarketingMay 9, 2011

How Do I Get Boutique Owners to Sell My Retail Product?

I would suggest a strategic mixture of all of the above. Start by sending the owners on your target list some information about your company, such as your mission statement and any materials... (more)
Question added to topic Building a WebsiteMay 6, 2011

How Do I Launch a Membership-Based Website?

Membership websites come in all shapes and sizes, and include everything from simple blogs that require a login to rich content sites with privileged access to premium content based on the status... (more)
Question added to topic Grow Your BusinessMay 6, 2011

Should I Change My Company's Name?

Any time you form a new company you are, essentially, starting from scratch in building up the business credit associated with that company. If you don't have a bank account or other credit... (more)
Question added to topic Starting a BusinessMay 5, 2011

Where Can I Get Help Launching a Website?

It's good that you're considering professional advice at the beginning of the startup process. As a professional advisor myself, I'm often consulted only after a business has launched and... (more)
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