How to start your own business. At the beginning of the path.

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Uploaded: 16.08.2005
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Description

How to start your own business. At the beginning of the path.

This book is the introductory part of the block of textbooks, reading you will learn:
• what it means to start doing business;
• What kind of experience, resources, knowledge, ideas and, of course, the motivation needed for this;
• how to start your business with the preparation of a business plan.
When you get acquainted with all the chapters of this book, you will know how to start a business and how to protect yourself from losing money, how to make your business profitable. These goals are achieved through the application of the fundamental principles of the organization of business to your commercial ideas.

Additional information

Knowledge and skills
This chapter will help you understand what kind of knowledge and skills necessary for a successful business.
Resources
Even precisely define its place in the market and having the necessary knowledge and skills, you nonetheless do not have an absolute guarantee of success of your business. You must accurately represent what resources are available.
Agency business
In any kind of business there is always a need for good, reliable intermediaries. In this chapter we will look at some ways to succeed at the expense of mediation.
The acquisition of the franchise
Buying a franchise is one of the most reliable ways to start a business. It may not be the cheapest way in the business, but given the support from the owner of the company, it may be for you the easiest way to opening your business.
Where to get help
This chapter examines the main sources of information necessary for the development of your business.
The financial structure of the enterprise
If you want to engage in business, you must know the answers to two fundamental questions in finance: how much profit you will get and how much money you need to invest in your business?
Organizational and legal forms of enterprise
In this chapter we will examine three legal forms of enterprises. Self-employed, Limited Liability Company, a closed joint stock company. Each of these forms has its own advantages and disadvantages.
Last preparations before the start of activities
From the previous chapters of this book you will learn which factors influence the results of your business.
We are talking about the need to take into account issues of personal life insurance and property taxes and compulsory social contributions, the need for careful selection of brand name and a deep knowledge of the scope of its business activities, as well as considering the acquisition of existing enterprises.
In this chapter, all these issues will be considered in the most general form for the sole purpose - to bring them to your attention.
If you want to understand them thoroughly, in this case, you can read the relevant books in this series, in which the questions above are disclosed in detail.

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