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Ask Entrepreneur - Starting a Business

Starting a Business

How Do I Protect My Personal Assets?

I have a small courier business. My only concern is if I have a accident and get sued, how can I protect myself so that my personal assets won't be taken away? What are my options? What's the best way...
Starting a Business

Should I License My Product Idea for Royalty Fees?

If you have a product idea but don't have the ability to bring it to life, is it better to obtain a patent and then sell it or license it for royalty fees? I know a number of companies offer royalties...
Starting a Business

What's the Best Plan for Paying Back Investors?

I am helping to start a gourmet food truck business and while we have some family members to ask, we will also be looking to friends and aquaintances for startup capital. We dont wan't to offend them...
Starting a Business

We Launched. What's Next?

My husband and I have built our dream retail business and brand. Everything from the look to logistics to customer reaction has been good so far. It is just the two of us and we want to make sure ever...
Starting a Business

How Do I Design a Prototype?

My business idea involves a mechanical device that is derived from products that are currently on the market. Before continuing with my business plan, I would like to get a prototype designed and buil...
Starting a Business

Can I Protect My Idea Without a Patent?

I have a meeting next week about an idea for a website that I have created with a senior advertising executive at a major corporation. I'm excited about sharing my idea but I'm afraid its difficult to...
Franchises

Can I Find an Investor for a Seasonal Product?

I have a product which is seasonal in nature as it is used for entertaining purposes during the spring and summer months when people use their patios, pools and go to the beach. I know its not in the...
Marketing

What Are the Best Ways to Advertise a Niche Product?

We are opening a pecan distributor and, obviously, want a lot of sales. What would you suggest as the types of advertising campaigns that will generate the most results?
Grow Your Business

How Can I Attract More Customers?

I own an Internet cafe and am wondering: What's the best way for me to attract more customers?
Marketing

How Do I Get Companies to Advertise on My Website?

I have developed a website for a university that currently gets 2,000 to 4,000 visitors per day. What's the best way to attract advertisers?
Starting a Business

How Do I Relaunch a Defunct Business?

I am looking into starting a buisness with four to five other people and we would like to resurrect a business that has not existed since 1958. We checked the United States Patent and Trademark Office...
Grow Your Business

Can a Partial Partner Shut Down a Business?

A 50-percent partner has put more money into a business than the second partner. He has threatened to file dissolution, or to shut the business down, if the second partner doesn't put an equal amount...
Starting a Business

How Much Does it Cost to Launch a New Product?

I'm thinking about creating products such as sprays, shampoos and creams. What factors do I need to consider in terms of expenses? How much will it cost to create these products and bring them to mark...
Marketing

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

I'm starting a swimwear company and although I have a target market and a list of bontiques I would like to carry my product, I don't know how to approach them. Is it best to make a phone call, visit...
Building a Website

How Do I Launch a Membership-Based Website?

I am in the beginning stages of starting a website based on membership. I want to charge a small annual membership fee, and also charge for any face-to-face gatherings we may have. I also want to prov...

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