I am a homemaker, and I crochet during my leisure hours. I would like to begin selling my crocheted items. How can I arrive at pricing and market my products effectively? What are the most important things to keep in mind when doing online sales? Finally, should I set up my own website to sell my products or create a page on an e-commerce site?
In 2008, I started a construction business specializing in rainwater harvesting and solar energy systems. The first few years were very slow, but this year is showing several hundred percent annual growth in sales. I find myself neglecting the solar aspect of our offerings due to the lack of available time and am losing customers due to the slow service (as indicated in customer feedback). I see the competition booming in the solar field, but I have no time to put in the effort that I need to capitalize on a very fast-growing industry. I am afraid to put someone on payroll due to the uncertainty of business over the past few years, but I need serious help running what equates to half of the business. Should I bring in a managing partner in return for a percentage of the company, or if I should just hire a "manager" to oversee the solar part?
My small cleaning business currently has eight employees and makes around $500,000 per year. To protect my personal assets, I'd like to incorporate -- but I'm not sure which option is best for me. Should I go with an LLC, an S-Corp or a C-Corp?
My wife and I own a consultancy which is registered as an LLP. We have been operating it out of our home for the past year, but we're starting to feel hampered by the lack of real office space. When is the right time to set up a dedicated office, and what are the steps that we should take toward this goal?
My wife and my sister-in-law launched an online women's clothing boutique this year. Now my sister-in-law wants to change the logo and go back and forth between using the old logo and the new one. I am not a marketing person, but this does not make sense to me. What do you think?
I am working with five groups of 12th-grade students at local high schools to implement one or more entrepreneurial projects to expose the students to the traits of successful entrepreneurs, including but not limited to: planning, money management, marketing vs. sales, wearing multiple hats, building a team, customer management and organization. The program will run for 60-120 days. What sorts of projects should I do with them?
For young people like myself with an entrepreneurial bent who are about to enter college, currently enrolled or considering to which schools to submit applications, what is the best degree to prepare to be a founder? Some schools allow you to major in Entrepreneurship, but I'm not sure this is the best path to take.