Ask Entrepreneur - Starting a Business

How Do I Decide Which Business Idea I Should Pursue?

I'm young and eager, and I have many ideas that I want to turn into businesses. The problem is I can't narrow down the list to just one. How do I pick one idea to move forward with?

Do You Need a College Degree to be an Entrepreneur?

I'm in college and I know that I want to be an entrepreneur. However, I'm not sure what I want to do yet and am questioning why I'm seeking a degree which i don't ultimately need. Do I really need a college degree to own a business?

How Many VC Firms Should a Startup Pitch?

Is it a good decision for a startup to apply for funding at as many as 10 to 20 venture capital firms? What do I need to consider?

How can I obtain startup money?

I'm open to any suggestions you might have.

How can I turn an idea into reality without any business savvy?

I have a great idea for a business, but I'm not sure what steps to take to actually launch it.

What's the best way to start a breakfast cafe in the recession?

I'm 23 years old and have so many ideas. But I don't have any idea where to start and who talk to. Will you please offer me more insight on how to get started?

How can I find VCs for a website startup?

I have a website idea, but don't have the capital to start it. How do I go about finding people to invest in it or find capital for a quicker launch?

How can I find start-up grants for small business?

My wife and I are planning to open a cupcake franchise location. I know there are many government grants available for various purposes. Can you tell me if there are government grants for small business and where to start my search. If a grant is not available, what is the best SBA loan program for small business. I have reviewed many SBA loan programs but a bit confused as to the best to pursue.

What's the best way to find a business partner?

I need a partner who is a web designer and entrepreneur. I am a nightclub promoter and am looking for someone to startup and operate my website. I'll provides the ideas, funding and connections.

Is a hot dog cart a good choice for profit and growth?

I'm in Oklahoma not on the east coast. can a hot dog stand it still be profitable? I do know location is key. I'm willing to put in the time and effort but, I don't want to be wasting my time and money.

How should I acquire loans, grants or investors for a business venture?

I'm soon to be out of college and I would like to open a specialty store. While I have some resources set, I would like to know what is the best way to get off the ground?

How much of my personal funds should I use to start a franchise?

Is there any advantage to borrowing from a bank verses using my personal capital?

Before opening a retail business, what demographics should I consider?

I have a couple of designated areas in mind, what information should I look at?

How do I approach potential landlords?

I would like to open a children's clothing shop in a new shopping center in Perth, Australia. I have a great supplier for my stock and most everything else except finance and premises sorted. But before I make contact with the leasing agent, how should I approach them? Will they require a business plan? How can I compete with other big name retailers? I have never owned a shop before but have plenty of retail experience.

A business partner and I are starting up a store which will have an online presence as well as a physical retail space. How do I divide the profits if we are unsure which side will be more profitable?

Partner "A" is more involved with the online aspect, while partner "B" is more involved with the local retail space.


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