Choosing A Legal Structure of A Business

A Comprehensive Guide on How to Choose a Legal Structure of A Business. Choice of the legal structure of a business is one of the vital decisions you need to make at the start up stage. There are different legal structures but you cannot just choose anyone arbitrarily. Your choice of a particular legal structure should be as a result of a quality and informed decision drawn from the knowledge of what you actually want for yourself and for your business. The legal structure of your business has a lot to do with you as a person and your business. You Continue ReadingChoosing A Legal Structure of A Business

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

Effects of Selling on Credit to Customers in Small Business

Pros and Cons of Selling on Credit on Working Capital. There will be a mix in your sales. Some will pay cash while some will buy on credit. Selling on credit is almost inevitable in business. Some factors will necessitate that you sell on credit. You may need to sell on credit because you want to maintain a closer relationship with the customers or as a result of the increased competition. It may even be that competitors are giving out credits. So, if others are selling on credit and you don’t, you may possibly lose customers to competitors. Before you Continue ReadingEffects of Selling on Credit to Customers in Small Business

How to Start a Perfume Business

How do I start my own perfume business? I was reading about perfume business last Saturday and was surprised when I learnt about how huge the perfume market is. Then I started counting the number of bottles of perfume I have used in this year alone. By the time I added the number to that of my wife, I also made an estimate of how many bottles of perfumes other people in our family must have used this year, the number is staggering. Everybody wants to smell nice. And one of the ways of achieving that is through the use Continue ReadingHow to Start a Perfume Business

How to Start a Coffee Shop Today

Starting a Coffee Shop with little capital. Starting of coffee shop seems to be one the small business ideas that people are just discovering. Coffee is one of those things that some people cannot but take every single day. If you live in the city, you must have noticed that people usually rush out in the morning so that they can quickly get to their work place. This class of people will either dash into coffee shop on their way to work or go to the one that is close to their work place. What is important is that they Continue ReadingHow to Start a Coffee Shop Today