starting a business

United States
July 9, 2008 12:40pm CST
I dont know if there are many people on here whom have started their own business or was thinking about it. Right now I am thinking of a career change. In this change I am seriously thinking of opening a business. Trouble is I dont even know where to begin. The business I want to start is a Bar. I know that it unds crazy but hey what can I say. The question that I have has anyone in here started there own business? If you have what are some obsicles that you had to over come? Is there anything that I should think about before I start a business? For those of you who have not started a business whould you given the opertunity? If you had the chance to start your own business what would it be and why?
2 responses
• United States
9 Jul 08
If you are seriously thinking of starting a business, visit the Small Business Association for some great information. You can reach it by following this link: http://www.sba.gov/There are many things to consider and investigate, especially if you want to start a bar. As a starter list, you will need:Purchase Money - Will you buy an established business, building or will you build? How much will you need for renovations, supplies and your licensing? Costs - How many employees will you need? How much insurance will you need? What costs will you need to cover for training?The SBA will give you a great starting place to figure out if this is the business for you. It will also help you find places to investigate financing for start up costs. Good luck!
• Malaysia
10 Jul 08
If you really wanna to setup new business, think bussiness that low risk and cost. But why not you start to become as investor.... such agent in unit trust or mutual fund or insurance....
@cher913 (25782)
• Canada
9 Jul 08
we are planning to start a business and my advice to you is to do research, research, research! go to the library and get your hands on every book printed on starting your own biz - they will really help!