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Ask Entrepreneur - Starting a Business

Starting a Business

What are the top three most important things to do when opening a business?

Would the three things be planning, research and marketing?
Starting a Business

How can I market an idea I feel would be beneficial to parents when shopping with their children?

I have an idea I can picture in my head for a baby/toddler product that parents could use when shopping. I'm unsure where to begin with this idea. I'm also afraid that if I give out the specs, someon...
Starting a Business

how would I go about showing my product to potential Investors?

I have a website, www.hiscrossmaker.com. I make crosses, and I've been approched by some companies to make several thousand each month! I'm only able to make 100 a week, and I need to make many more....
Starting a Business

What degree looks better to an employer, an entrepreurship degree or a finance degree?

I know it all depends on what you want to do. I would like to start a company but I would also like to raise money by working for a high end company out of Cal State Fullerton.
Starting a Business

What kind of clientele should I focus on for my cleaning business if I am only available evenings and weekends?

My cleaning business will offer residential maid service, but I will only be available part-time for the evenings and weekends to start. Can you offer advice on who would be my mostly likely target po...
Starting a Business

Starting a new product line

I am a 20-year-old female who is thinking of starting a new bath and makeup preparation line, but I'm afraid I don't have enough experience. I have a lot of wonderful ideas, but I don't know where to...
Starting a Business

What business ideas would you suggest for a small town in a developing country?

The town is in Cambodia and is very popular with tourists. It is very hot most of the year, and there is a rainy season. The town is developing rapidly, and I'm looking for a good business to take max...
Starting a Business

What are the pros and cons of a product-based business?

I am an engineer and I've designed a machine and got it patented. I am struggling between selling my patent or starting my own business. I am trying to balance out all the pros and cons of a product...
Starting a Business

How can I sell business ideas or investment ideas without becoming an entrepreneur myself?

I believe that I have ideas that can make great money in the hands of real entrepreneurs. I do not want to be the one who spends my whole life applying them, writing the business plan, looking for mon...
Starting a Business

What locations would be ideal for my law offices?

I'm planning to invest in a building to run my legal firm. It's a medium-sized office and my growth is unlimited. Should it be close to the city center where most of the giant companies operate or clo...
Starting a Business

How can I bring a U.S.-based retail brand to a foreign country?

I am a foreign citizen who is interested in introducing a U.S.-based retail brand to my country. What are the steps necessary to achieve this? I understand that this specific retail brand has not ex...
Starting a Business

How can I use my business experience in another venture?

I had a mortgage company for 10 years and lost it overnight. I really enjoy both the financial and real estate part of it. I've worked with builders, developers and customers and would like to know if...
Starting a Business

How do I establish a U.S. based business while I'm traveling abroad?

I'm an American citizen, but I've been living in Turkey for the last couple of years. I'm opening a translation agency while traveling abroad, but want it to be based in America for tax purposes. Wh...
Starting a Business

How do you partner with an existing company to produce and market your idea?

I have an invention, but not the capital to produce it. Who do I contact at the company and how do I know they won't just steal my idea? Can you patent an idea?
Starting a Business

How can a minor obtain a business loan for a start up?

I like many other 16 year-olds, I do not have thousands of dollars to pull out of my pocket. However, I do believe I have great entrepreneurial skills. I think I have nice-looking layout for an e-comm...

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