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What do I need to do to start my own business?

Thanks!! :o)


Asked by FelipesMom at 6:59 PM on Nov. 12, 2010 in Money & Work

Level 24 (18,972 Credits)
This question is closed.
Answers (9)
  • Depends on what the business is. If you want to start a business outside the home, then you need a business license and name (DBA), a shop/store, product, insurance, furnishings, perhaps a separate bank account for your business etc ..

    If you want a home business, you can sign up for any number of companies and get started with a sign up fee and some business cards. Some will require you to purchase products or kits also. If you go this route, then I suggest you thoroughly check out the company you are signing up with.

    I have my own home business. And remember your "work expenses" can be written off on your taxes.
    Good luck .. hope this helps and you can message if you need more info.

    Answer by MaryJacobs at 9:49 PM on Nov. 12, 2010

  • Hmm, that is a complicated question but I suppose you would first need to have an idea (and I'm sure you have one) then you would need the intial investment capital, then a business license and possibly and LLC. for tax purposes.

    Answer by chellebelle7486 at 7:02 PM on Nov. 12, 2010

  • A product or a service, a business license, and a plan.

    Answer by romanceparty4u at 11:55 PM on Nov. 12, 2010

  • Time, patience, and effort! Best of luck to you!

    Answer by Tiffany237 at 9:35 PM on Nov. 12, 2010

  • A business plan

    Answer by rkoloms at 10:24 AM on Nov. 13, 2010

  • $$$$$$$$$$$$$$$$$$$ and good credit.

    Answer by older at 7:00 PM on Nov. 12, 2010

  • What type of business do you open? Every business has different requirements. I have my own home based business and I love it!

    Best Wishes!

    Answer by mommy2joeynabby at 10:24 PM on Nov. 12, 2010

  • Wondering why you need good credit? That's not a requirement....I know felons that have their own business, and poor credit to boot.

    Answer by romanceparty4u at 2:22 PM on Nov. 16, 2010

  • Well, it depends on do you want to start a business with direct selling or completely new one that you create. If its something your creating, you need, investors and lots of money, and business plan and something that will sell. If its direct selling, you need passion for the products and patience.

    Answer by ZanderandBella at 6:31 PM on Nov. 16, 2010

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