What should I know before starting any business?
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obed
Apprentice
Joined: 17 Jul 2006
Posts: 4
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 Posted: 07/13/08 - 06:15 Post subject: |
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| I think that there are more experienced people here than I am here, and that is not too hard to be, since I have no experience what so ever. I need to know something in advance, since I am about to start my own business. It is going to be a company that deals with used merchandise, goods, clothes and that sort of stuff. Can you tell me is there any future in this kind of business? What should I know before starting any business, if I change my mind? |
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tessy
Apprentice
Joined: 12 Sep 2004
Posts: 5
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| Posted: 08/11/08 - 23:55 Post subject: |
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| It is essential for you to establish good relationship between your gains and your expenses, and when I say expenses I mean taxes on the first place. When some business can’t survive that is usually because there are too hard taxes in correlation to what that guy is actually earning when his business is running. So you should plan everything in advance, that’s for sure. |
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