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Introduction


Having been a businessman on the receiving end of a consumer who knows his rights, or at least thinks they do - which isn't the same at all - I've learnt a thing or two about the process.

Having been a consumer on the receiving end…

Apart from the all to frequent cases where one or the other side is trying it on, most things can be sorted with common sense. However, this isn't just what I intend for this section. Having run a number of businesses over the years I've learnt quite a bit they may be interest. The fact I lack the ruthless business acumen to become a multi millionaire is another matter altogether. Smiley Big grin!

Anyway, in time, I will add several articles on running a business advice and suggestion, many cultivated from a spell of joining several groups and reading masses of books and journals on related subjects.




Thinking of starting your own business?






Could you, should you, is it worth it?

Technically the answer is - or can be - a resounding YES!

However, there really is no straight answer to your question, but here's what you need to look at as a minimum:

Do you have the full support of your family?
If not, you are in for a really rough ride Smiley in denial .

Are you any good at it? Not just good, but great! Are you as good or better that anyone else in your area? Are you sure? Have you checked out all the competition? Does anyone who matters and knows that they are talking about think you are talented enough?

Have you got enough money aside for rainy days - and the odd monsoon month? Smiley is shocked

Have you the necessary people skills and business acumen? At the end of the day it's not getting the work that's often the problem in business, it's getting the buggers to pay at the end of the 30 days... Then there's support issues. Clients, I tell ya' Smiley ranting

Accountants and such, if you haven't the skill then absolutely hire a reliable professional for that side of things. And get them checked out if you can.

Finally, have you considered doing it part-time for a while first. The businesses that last are the ones that tend to start in garages and spare bedrooms and only expand a year or two later when things pick up enough. As the saying goes, "Don't give up the day job", but with the addenda - "unless the night jobs pays rather more!"

Hope this helps.