Good Business Ideas for Teens and College Students in 2017

Good business ideas suitable for teenagers. There are good business ideas teenagers can do as part time business or during their holidays. Even if you have all the money as parents to take care of your teens, it will be beneficial to them both now and in the future if they can be exposed to how they can identify good business ideas that can fetch them some bucks. Teenagers get exposed to diverse things during holidays. They can easily be influenced by their peers if they don’t have something productive they can do to keep them busy. An idle hand is a Continue ReadingGood Business Ideas for Teens and College Students in 2017

Creative and Unique Business Ideas for 2017

Creative and unique business ideas with low investment. Looking for unique business ideas? They are all everywhere. You only need to be creative in your quest for locating your unique business ideas. Some of the business ideas that people call unique business ideas have always been around. What people do is to look at the existing businesses and find how they can add more value to it. If you can repackage existing business ideas in a different way, then they become unique business ideas. Hear this: If you are looking for unique business ideas, you don’t need to be innovative; Continue ReadingCreative and Unique Business Ideas for 2017

How To Set Budget on Marketing

How To Determine The Amount To Budget on Marketing. Now that you know the need to spend money on marketing, you may like to know the amount that will be appropriate to be set aside for this. There is no ‘one fits all’ approach to this.  But generally, amount of a marketing budget can be a function of any of the following: Read Also: Usefulness of email marketing to small business Personal Judgement. This involves you determining how much you think expedient to be spent on marketing your product or service. You are in the best position to understand everything about Continue ReadingHow To Set Budget on Marketing

How to start Car Rental Business

A guide to starting a car rental business. In every city, car rental will always be in high demand. Hundred and thousands of people are either searching for “cheap car rentals” or “car rentals near me”. However, because of this high demand, car rental business  or call it car hire business is becoming more competitive. Nevertheless, if you know what it takes to operate a successful car rental business, you will be glad you venture into the business.  My first exposure to vehicle rental business was an eye opener. I worked in a marketing company. The company had multi-national companies in Continue ReadingHow to start Car Rental Business

Preparation of Financial Statements for Small Business

How to prepare a financial statement for a small business. Financial statements are the outputs of your book keeping and accounting efforts. It can be described as the report card of your business. Financial statements are an important management tool. When correctly prepared and properly interpreted, they contribute to an understanding of financial condition, problems and possibilities of a business. Financial statements are the principal means of reporting financial information about a business to stakeholders. Stakeholders include people within an organization and to people outside the organization such as shareholders, lenders, employees, customers, creditors and the government. It can be Continue ReadingPreparation of Financial Statements for Small Business