It is illegal, a felony that comes with fines and a prison term, to try to pass your big business off as a small business to get one of the 23% of Federal contracts reserved for small businesses. E-commerce and Custom application development are the two areas most likely to require outside help. Examples include home furnishings, sporting goods and recreational equipment, and software applications. While many of the resources are directed toward startups, you can find useful business information for established businesses, too. Connectivity and software were once a problem in Africa but are now sufficient.
Her husband and now business partner, Bill Frischling, 35, an avid buyer on eBay, suggested she take a look at selling on the site. A small business owner may operate a convenience store, a plumbing service, a salon, a fast food franchise, or virtually any type of business in a given field.
Part of the reason for this is that enterprise committees and development agencies may be very keen on creating or maintaining jobs, therefore strongly encourage new business in their jurisdiction. Posting to a blog about the company’s business or service area regularly can increase web traffic to a company website.
We’ll talk more about developing a business budget in a later section, but for now it’s enough to say that you need to weigh the earning potential of any business you want to start against your monthly expenses. Additional business management skills are needed to keep a business running smoothly.
Likewise, individual small business owners can tap their own skills, as well as, explore investment and business opportunities to create income. Wireless Web access lets you download timely information such as business news, stock prices, sports scores, and driving directions.