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How to Start a New Business

How to Start a New Business

Business is the commercial activity engaged in as a means of livelihood or profit, an entity which engage in such activity. Before you starting a business, you must learn about the business and of course, yourself as well as possible. You must know the answers for the following to be a successful businessman. The first […]

How to Understand Why New Business Fail

How to Understand Why New Business Fail

More than 50 percent of all new businesses fail within the first year of operation. Why? Here are nine major reasons: 1. Poor planning. Many people go into business unprepared. It is critical for any new business owner to develop a de­tailed business and marketing plan. 2. Insufficient capital. Money is the lifeline of any […]

How to Get the Start-Up Capital for New Business

How to Get the Start-Up Capital for New Business

In a recent college survey, stu­dents listed owning their own business as their top career choice. It won out over becoming a doctor, lawyer, and even President of the United States. One out of every three people working in America today want someday to own a business, yet many people never do. Why not? Here […]

How to Open and Manage a Bank Account for New Business

How to Open and Manage a Bank Account for New Business

A new business needs to have its own bank account, and arrangements should be made to open at least a current account. There are a few basic things to be considered and arranged: You will not receive a cheque guarantee card with a business account – although you can have a cashpoint card. You will […]

How to Get Cash to Start a New Business

How to Get Cash to Start a New Business

Most people starting a business do so with limited means, and for some raising even the smallest amounts of capital and sus­taining themselves through the first year of existence can repre­sent a major problem. For a large and increasing proportion of people now going into business the way round the problem seems to be the […]