I have been thinking of doing this activity for many, many years, but our lifestyle has prohibited me from doing so. Last night as I was listening to that song about the guy who wants "to be a billionaire, so freaking bad," I was wondering what I would do with that much money.
Well, the activity I have always wanted to do rolled around in my head and my gears turned it into a very interesting and quite possible business prospect.
Unfortunately, I don't know where to go after putting my idea on a piece of notebook paper and I don't want to share it with a lot of people who might take the idea from me.
I also have zero dollars...lol...but it might be something that I could get funding from the government, private, and public sponsors.
Where do you suggest I go from here? Please steer me in the right direction...I don't even know where to begin a Google search for this.
http://www.score.org/ will help you write your business plan
Answer by rkoloms at 9:36 PM on Aug. 3, 2010
Well first you have to run all the numbers... how much to get started, what you need to do to make a profit, ect. There are free services in some towns that help make sure you thought of everything... insurance, advertising, all the costs associated with running a business. They will also help you think of things you didnt think of. Usually they are retired CEO, COOs, and CFOs. Call your BBB to see if they offer such a service.
I had a GREAT idea but after running all the numbers I would have to work 50+ hours to make it profitable to keep in business and we were unwilling to alter our family life.... so I never started it up. But it would have been neat to have that business.
Answer by sahlady at 8:24 PM on Aug. 3, 2010
http://www.sba.gov/- This will give you lots of info about how to get started, where to find grants, loans, and they even have free online classes on subjects related to opening your own business.
Also, on the same website, there is a program called the Patriot Express- http://www.sba.gov/patriotexpress/index.html. This program loans money and helps former military and their spouses start their own business.
Answer by JeremysMom at 8:28 PM on Aug. 3, 2010