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Read e-book online 101 Small Business Ideas for Under $5000 PDF

By Corey Sandler, Janice Keefe

ISBN-10: 0471692875

ISBN-13: 9780471692874

Affordable and straightforward principles for beginning a small business

101 Small company rules for only $5,000 deals functional, real-world recommendation for turning rules and talents right into a profitable small enterprise. The publication provides nice rules for easy small companies that readers can adopt both full-time or of their spare time and covers the entire concerns readers want to know -startup expenses, criminal concerns, accounting, taxes, and every thing else. as soon as readers make a decision what company is correct for them, the authors offer good company plans for making it occur. They exhibit wannabe marketers how you can start, locate investment, and construct a revenues and advertising and marketing application. felony, zoning, and coverage standards are supplied for every company notion, in addition to suggestion on increasing the business-and the gains. destiny enterprise proprietors who don't understand the place to begin will locate every thing they wish right here.

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Extra resources for 101 Small Business Ideas for Under $5000

Sample text

Place ads in newspapers and shopping guides. Make your services known to existing contractors who may refer small jobs to you; you can offer them a commission. Ask satisfied customers to recommend you to friends and acquaintances; offer a bonus or discount for business they bring to you.

In general, your fixed costs will represent much or all of your expenses. Fixed costs, or overhead, for a service business include rent for an office, the cost of any basic tools and equipment, most insurance, and basic utilities. Variable costs for a service business are principally the value you place on your own time, plus incidentals such as transportation. There’s not really a markup per se for a service business. You will pay your overhead and generate profits on the basis of the hourly rate you charge.

You might choose to underprice the competition to build your business, or you may believe that your experience and skills warrant a higher hourly rate than other contenders charge. You can easily adjust your hourly rate downward in slow periods or upward when demand is high. In some small businesses, labor is a major component of the job but operating expenses and cost of goods are also a major component. For example, a lawn mowing business has fixed expenses, such as the cost of machinery, a vehicle, permits, licenses, and insurance, plus variable expenses, including gasoline, maintenance, labor, and taxes.

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101 Small Business Ideas for Under $5000 by Corey Sandler, Janice Keefe

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