People dream of success, others make it happen. Starting a business can be exciting but can also be a traumatic experience. Communication, leadership, and capital needs are part of this section. Good record keeping has importance in any business. This book talks about personnel, inventory, and equipment. You may not need all of the information provided, but it will be valuable for you to have.
Existing businesses are often for sale. There can be advantages in buying an existing business. You may end up owning a going business with customers, some inventory, possibly some good contacts, and staff.
Cautions are covered to help you avoid getting into debt or allowing an owner to take advantage of you.
Expanding your business may crop up as your continue. A brief discussion about such expansion will be covered. Ideas and innovations abound and will come at you from several places. Prepare for them and listen to their possibilities. They may not all be good but each should be considered on their own merits.
Each business uses some mathematics. Those formulas may be used by all personnel. The owners and managers may use other formulas as well. All of the formulas will come with use instructions.
Entrepreneurs enjoy their businesses. They learn about business and learn to run a business effectively. Women are successful in business. Women have more college degrees than men, and they own over 10 million businesses. Partners bring an element to a business. Partners often bring money to a business and get ownership of the business. Not every business needs a partner.
Product prices go with the inventory, competition, and business costs. Delivery costs should be considered as this is also a business expense.
Information you receive from sources like attorneys, insurance companies, suppliers, banking personnel, are covered in this book. Location and advertising are important for a business too. Your business may require items not listed. Suggestion of needed items are covered. Odd items may come up for your consideration as well.