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Good business to start with $10k or less startup?

Good business to start with $10k or less startup? Topic: How to write a good business analysis
July 23, 2019 / By Moriarty
Question: I am looking to start my own business but I am still trying to figure out what kind of business would be most worthwhile. I have $10k for startup, I own a newer model full size pickup truck. I live in Ohio so it snows half the year and is nice thr the other half, I thought about landscaping/snow removal but there is a lot of competition and it's very weather dependant. Also though of a commercial cleaning business. Any ideas would be great.
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Best Answers: Good business to start with $10k or less startup?

Keenan Keenan | 5 days ago
You are the only one that can figure that out as everyone’s situation is different. Find an unmet need that is also something that you like to do. Complete a SWOT (Strengths, Weaknesses, Opportunities, and Threats) analysis http://www.businessballs.com/swotanalysi... and write a business plan to prove that the business idea is workable. Go to http://sba.gov/smallbusinessplanner/plan... http://www.bplans.com/ or http://www.score.org/template_gallery.html for instructions on how to write a business plan and sample business plans.
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We found more questions related to the topic: How to write a good business analysis


Keenan Originally Answered: Is there a business startup checklist?
I would strongly recommend that you talk to a business counselor before you do anything especially spend money. I'd call the local office of SCORE (go to http://www.score.org and input your zip code to find the chapter nearest you), the advice is FREE. The counselor at SCORE will most likely advise you to write a business plan which is very good advice because it will force you to dig out all of the start up details and the costs of starting your small business and force you to also understand all of the aspects of this business including the customers you'll concentrate on (your market ) and how you'll go after them. You'll need to register the business with your state controller's office and make sure that you have any city and county licenses if any are needed where you live. All of this will come out in a business plan. Try this link : http://www.ychange.com/small-business-consulting-articles.html and read some of the articles especially the ones about a business plan and starting a business. Good Luck
Keenan Originally Answered: Is there a business startup checklist?
Know what type of business you would like to start and learn all you can about it Appraise your business strengths and weaknesses. Be strict and objective Conduct thorough research of potential customers, your trade or industry, your competition, your licensing and tax requirements, location and name Determine type of business organization (LLC, Sole Proprietorship, Partnership, Corporation Evaluate possible site locations. Check physical condition, suitability, traffic flow, parking, utility requirements, and cost Prepare a comprehensive business plan – include your action timetable (www.sba.gov, www.bplan.com) Decide on your business hours Secure necessary capital (Bank loan, budget to save, borrow on insurance, line of credit, etc.) Obtain needed facilities, equipment, furnishings, signage, supplies, stock

Hengist Hengist
I assume you did NOT elect to have your LLC taxed as a corporation (most are not). You'll show the LLC numbers on a schedule C that you'll file with your personal 1040 return. Startup expenses are amortized, which means spread across several years, not all deducted the first year. It's possible to show a business loss for the year though, and use that loss to offset some of your other income. You'd be wise to have your taxes done professionally by an Enrolled Agent or a CPA for at least the first year. Good luck with your business.
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Elisha Elisha
If you're seriously thinking of starting a commercial cleaning business, think office cleaning. It's very low cost to start and after you acquire 2-3 offices (under contract) you should be making $2,000-$3,000 a month minimum. You may want to add an extra of clearing the parking lot of snow if you get a whole complex to do. I have a Squidoo lens and blog on how to start a cleaning business with resources, tips and information. The links are in my profile.
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Elisha Originally Answered: How to raise venture capital for a startup business?
Getting VC financing is very difficult particularly in the current economic environment. They are looking for the combination of a compelling product/technology and the technical and managerial talent to make it a reality. It is often more about the team and your ability to build a business around either a new technology, product(s) or a powerful business model that it is a specific idea. Its important to understand that VCs primarily invest in great management teams and/or exceptional technologists. So, if you don't have the background, I strongly recommend you get it before pitching your idea. Generally, you need to have either several years of senior corporate experience in the right area for your venture or be a technical expert in the field of your products/business model. If you don't want to wait until you acquire the knowledge yourself, you need to recruit it into your team. If you've got the goods, research the vc firms to find those that invest in your product/business area. Then, network to get a referral if possible. It is much better to get a referral than mailing your plan in. VCs get hundreds of busines plans & pitches and it is very hard to standout if you mail it in. Make sure you are really prepared with a well-thought presentation and be prepared to answer questions about your market and competition. Good luck.

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