Start your Own Business (SYOB)

SalesA well-written sales letter can generate sales or open doors, but only if the letter is actually opened. These strategies will help increase your success rates.

richard bransonLet me ask a question – why does anyone become an Entrepreneur?

Not so easy to answer is it?  There are probably many theories and scientific analysis you can do to work it out.  But I am not into all that stuff.  In my own view a person becomes an Entrepreneur because of several reasons; I intend to explore some of them here.

BookkeepingFor many small businesses, the most common bookkeeping errors are also the easiest to fix. Use these six tips to help keep your business on sound financial footing.

16 Questions you have to be able to answer if you want to start a business

Pricing Strategieshere are many ways to price a product.

Let's have a look at some of them and try to understand the best policy/strategy in various situations. 

 Pricing tactics as part of the eMarketing Mix.

 

What is unique about pricing for the Internet? 

The emarketing mix is simply an adaptation of the traditional marketing mix, and 'P' for price. However, the Internet has influenced how online businesses price in a number of ways. 

Its my Company, so why can't I take money from it?

Cash registerHere’s a scenario for you: You’re the sole owner of a limited company and have no employees. Every once in a while you find yourself a bit short, so you let the company pay for some of your personal expenses, such as dry cleaning, gym membership and house cleaning services. You’re not depriving a business partner or any employees of a salary so, in essence, it’s your money to do with as you like.  Right? 


Guy Kawasaki, the latest addition to our columnist lineup, is an entrepreneur, an author and the chief executive of Garage Technology Ventures, a boutique investment bank for tech firms. Guy will provide expert answers to all your questions about starting a business.

What goes in a business plan?

The Following areas are potential section heads for a business plan.  Not all sections are suitable for every business plan and some sections may need to be added for others

Business PlanAn excellent question, and one that many new and potential small business owners should ask, but oftentimes don't ask.  The Business Plan also consists of the Market Plan and Financials.  The body of the business plan can be divided into five distinct sections:

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