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The time now is 10/28/08 - 09:48

Problems when you started new business?


RealCool.BIZ Forum Index -> Business -> Start-ups, Ideas & Business Plans

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laurent
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Joined: 16 Aug 2005
Posts: 2



PostPosted: 08/23/08 - 09:57    Post subject: Reply with quote

I have been working with my brother for five years. The time is come to start my own business. I am not stealing his idea or anything. I am starting completely different line of business. The only reason I join him in the first place was opportunity to raise money. I would be very grateful if someone could tell me about problems when you started new business?
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tracy
Apprentice


Joined: 14 Dec 2007
Posts: 6



PostPosted: 09/21/08 - 22:37    Post subject: Reply with quote

Hi, well I have started my business long time ago, to be more precise it was ten years ago. But I will try to remember what a problem to me was. First of all I too had troubles in raising funds. So for some time I was thinking about finding a suitable partner. However that never happened. My wife borrowed money from her cousin. My next huge problem was my accountant. It is very important that your accountant is someone you can trust.
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