First make sure you are vetting your advisor as much as he/she is vetting you. I would have a personal conversation with other teams that the advisor has worked with in the past. Get to a level of granularity on what worked and what did not. You don't disclose terms here which I appreciate b...
Hello, I am not too sure on the US postal services. But 1 option could be to find a fulfilment partner in the regions you are looking to target and ship a box of your best selling lines (via recognised carrier) and then when the sales come in fulfill locally. For example in the UK, the package ...
You already have part of your answer. You know what types of foods the local workers are eating based on the food trucks. What you need to consider is how much of that type of food can you sell and at what cost in order to recoup your costs to develop the land. This is assuming that there ...
Answers vary based on... Time/Budget/Will/Expertise you possess. Projects with $0 budget verses $10M budget have very different answers. Also, Time comes into effect, as money always has a time value. Say you have $1M LOC to draw on + you'd like the shortest path to a selling your company for...
First, you need to talk to an accountant to work out those details so everything is handled legally and correctly. The answer depends a great deal on what kind of company you have set up. If you're an LLC then the profits get distributed to the owners based upon the percentage they own. The rev...
A typical and ubiquitous problem faced by any small, medium business is breaking the status-quo. The problem often fails to get resolved due to the sales/number focused approach envisioned by the organization. As a matter of fact, deciding around future enhancement (s) requires a lucid understand...
This isn't what I normally do for clients ... at all. But I write Excel formulas and custom-code databases every day and have a solid background in statistics. Sounds like what you're asking could be done in an hour using Excel ... and in such a way that you'd be able to enter future data in th...
I have not heard of the $1,000 rule; however, the determination for the need of a business license will come more from the requirements of your local government. Check with your local economic development office to determine what licensing would or would not be needed for the particular type of ...
Most people are lazy. They won't do anything other than daydream about becoming your competition. Next point: if the barrier to entry to your marketplace is low, then it's all about selling. Rather than focusing on features or what you do ("We make websites"; who cares?), start talking about ser...
Talk to a mortgage specialist and borrow from a private lender, the interest rate will be more then the bank rate, but less then the rates on your unsecured credit.