Why is so hard to start a business th...

Why is so hard to start a business these days?

Posted in the Small Business Forum

“Daniel”

Since: Jul 09

Guadalajara

#1 Jul 24, 2009
Itís hard to imagine what is ahead in the nearest future, we are living in a crisis and the supreme powers are still playing with the economy. Why is so hard to start a business these days?
I found good information of how to start a business( http://www.iwebsws.com/Business-Tips/2008/4/2... ) but why I am still sitting here thinking what to do?
Sol

United States

#2 Sep 18, 2011
It is difficult to start a business because running a successful business would be overwhelmingly positive for you, your family, the economy and maybe even the planet as a whole. But then God would have one less person to watch suffering and it would threaten our human overlords power over you. Don't you understand you are a modern slave?
sfaith

Deltona, FL

#3 Oct 20, 2011
It is hard to start a business at any time because business requires risk taking. Anytime someone moves from being a wage earner to being a business owner they are taking on much more financial risk than they are used to. And they are doing this with the understanding that most new businesses fail.

These failures happen for mainly 2 reasons: undercapitalization and lack of experience in running a business of that type.

You have to do your research. Make sure you are going into a business that you have the knowledge and experience to run.

You also need to be a self motivator. There won't be a time clock to punch or a boss to push you or direct you.

Lastly, make sure you have enough cash set aside to fund the business. Whatever you think it will take, add 20% to that figure.

You also need enough savings to support you until the business turns profitable.

http://homemade-money-guide.com is a website that may give you some helpful ideas.

Since: Jul 11

Location hidden

#4 Mar 1, 2012
I don't think it is hard. I help people start a cleaning business every day. Sure, it's an easy business to start compared to a restaurant. Compared to most places in the world it is sooo easy to start a business here. I just incorporated our business and it took like one days work. It may be hard to get start up funding for an expensive business in this current economic climate.

I agree that most people just wing it with their start up - which is just crazy. To think you can figure it out all by yourself, as you go - pure narcissism. Get expert advice and make sure you have more than enough cash to start.

You can read about starting a cleaning business on my blog - http://www.start-cleaning-business.com
Christi Johnson

Fayetteville, NC

#5 Mar 4, 2012
It doesn't have to be be difficult to start a business if you have the right leadership, the right company, and as long as you don't have a product line that virtually no one will ever use. That's the problem with so many of the companies out there.

They rely on hype, seasonal products, or ridiculously high entry points. If anyone is looking for a realistic option, I'd love to share what my husband and I do for a living in our home business.

We are here: http://christijohnson.org
suze_and_ev_meth od

Asheville, NC

#6 Aug 27, 2012
It is not hard to start some businesses. You can start a cleaning business as easy today as at any other time. You can learn how to start a cleaning business on our blog - http://www.start-cleaning-business.com/start-...
Pamela

London, UK

#7 Sep 23, 2012
Entrepreneurship isn't easy...but it can be.

If you don't have money to start a business, go here http://StrugglingMom.com . I know a way you can start for free. ♥
Ray

Scottsdale, AZ

#8 Jan 17, 2013
I think one of the biggest challenges facing entrepreneurs today seeking to start a small business or franchise is obtaining financing. I would suggest maybe seeking an existing business for sale that is offering seller financing or a franchise opportunity that offers "In house financing" or is SBA approved. You can research multiple franchise opportunities here: http://www.premierfranchises.com
Iduddits

Scottsdale, AZ

#9 Apr 6, 2013
How is it nobody mentions anything about the paperwork required and how the administration running it is looking out for its own best interests as well as for bigger businesses? The inability to acquire goods or process them on your own all in the doctrine of safety. Scientific discoveries are no longer a frontier for the rising entrepreneur. There are no accommodations for the little guy to have a place unless it is as an overpriced hobby for the government or big business like NASA.

You may even have a legitimately good reason for a business with the means to succeed at it, but when you submit your papers you can still be denied permission after putting your resources to waste. There are so many ways for it to fail before it starts and nobody comes close about how miserable this process can be and the likelihood of failure, because of how it is made to discourage or cause people to fail at it.

Hopefully some smarter people will come around with some better solutions.
Victim

Round Lake, IL

#10 Feb 26, 2014
Let's put it this way, there was a time that you just pick something off the ground, a plant, or made and trade it for something someone else picked up or made. Not hard really.

Now

You create something and sell it? Not yet! Cause now there are taxes: federal, state, and sales (to keep it simple because there are more). Ein #, state tax form, local tax, and more?

Not yet! You need licenses. What license do you need? Nobody knows, go to college for twenty years and figure it out.

But, not yet! Permits too. What permits do I need and where do I get them?

Not yet! Are you starting a corporation or an LLC? What? Can't I just call it a business and register it? S corp, general corp, or close corp? Ask twenty different professionals about this and get twenty different answers. True story.

Not yet! Can you start your business at your home? Maybe, maybe not. If you ask anyone who knows anything how many business laws there are, they can't tell you. That many! So, you figure out that your area is not zoned for your type of business. Let's go rent some place. Again, better do some more research before signing that lease. Lots to think about.

So, you signed a lease for your s corp, you have an Ein #, your permits, licenses, and are registered with the county.

Not yet! What about employees? You thought what you just read was hard, things have just begun, I'll leave it at this for now.

Yes, a business is very hard to start in today's world.
Cleaning for Profit

Mountain View, CA

#11 Apr 2, 2015
If you choose a business with a low cost of entry like commercial cleaning, entering a new market can be painless. I started up for less than $300 and within the same year had enough business to move to cleaning full time. I suggest finding a business you can start for little money, that way if it doesn't work out for you, it's not going to bankrupt you!
Steve
http://www.cleaningforprofit.com
Jeffry

Germany

#13 Apr 24, 2015
It s not only hard to start it, but to operate it too. I have a small business, and it had been really tough to manage all the processes in it before I started using some management software. My manager love the one from http://www.comindware.com/team-network/ company. It allows them to optimise the business. Maybe, it will be useful for you too

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