How to Start a Family Business

Understanding Family Business. What do you understand about family business?  What does it mean to start and run a family business? I consider this topic to be very important to anyone starting his or her own business. This is because a lot of people start a business which can be described as a family business unknowingly. Before I continue with this article, I will like to make certain clarification about what a family business is all about. If your business is jointly owned by your family members, you are running a family business. That does not mean that there are Continue ReadingHow to Start a Family Business

How to Start an Auto Repair Business

How to Start an Auto Repair Business at Any Scale. Auto Repair Services are in high demands nowadays with the influx of different makes and models of vehicles on roads. We used to have a large number of youths going into auto repair business as apprentices. But now, in this technological age where everybody wants to get rich quick, repair business is no longer appealing to our youths. Therefore, the gap between demand and supply of repair services is becoming wider. This has made auto repair business to become a lucrative business for those who have expertise in that line Continue ReadingHow to Start an Auto Repair Business

Funding Options for Small Businesses

Funding plays a key role in starting a business. Funding is one of the hurdles entrepreneurs have to overcome. No matter the size of your company, you require adequate funding to start and grow your business. Though the ease at which each is able to achieve this may differ from one another. Definitely, funding could be easier for companies that are well established than small businesses which are still trying to get their footing right. For example, when an individual approaches banks to borrow money, he will be required to bring collateral, which would serve as security in case of any Continue ReadingFunding Options for Small Businesses

Starting a Hair Care and Beauty Salon Business

Starting a Hair Care and Beauty Salon Business. Hair care and beauty salon business is actually a lucrative small business idea. Hair care is part of our daily life. We live in a society where everyone is conscious of how they look. The way we take care of our hairs go a long way in determining our general outlook. Our hairs add to our attractiveness. There is no one whether young or old who will not require hair care service.  If you should account for the amount you spend on the maintenance of your hair in a year, you will Continue ReadingStarting a Hair Care and Beauty Salon Business

Low Investment Small Business Ideas With High Profit

Low Investment Opportunities And Small Business Ideas With High Profit If you are looking for low investment opportunities with high profit margin, I will suggest that you focus your attention on consulting services. In consulting business, the capital investment is very low as what you need most is your expertise and skills. Good enough, everybody has his own unique skills. What is lacking is ability to turn the skills into small business opportunities. Below is the list of busisnesses with high profit margin. Bookkeeping and Accounting If you are good at accounting whether manual or computerised accounting system, it is a Continue ReadingLow Investment Small Business Ideas With High Profit