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What to do for get money for my business idea

October 13, 2009 By Leave a Comment

When you have a good business idea the money never is a problem because if you know to sell it you will always find someone who wants to invest in it.

But like everything in life, business ideas have to be sell.

In an interesting article in Cnn Money , they recommend that we should divide their work into two parts:

1. Preparation of business analysis that will present to potential investors and,

2. The creation of an adequate social network that allows me to reach potential investors to which I will sell my business ideas.

In the interview with the potential investor one must be prepared to answer the following questions:

  • 1. Who is the customer?
  • 2. What is the product or service?
  • 3. What is our goal in this business idea?
  • 4. What is the value of our business proposition?
  • 5. What is our market or target markets?
  • 6. What is our past, present and future financial conditions?

You can read the full article at Money Cnn website by clicking here on this link

Filed Under: Business Ideas, Finance, Make Money, Marketing, Motivation Tagged With: , , , , , , , , , , , , , , , , , , , , , ,

Successful Business Ideas, special food for special people

October 12, 2009 By Leave a Comment

There are a lot of research about the risks of a restaurant as a business (read Why Some Restaurants Fails as Business Idea).

However the restaurant business is still an attractive idea for make money. As the market is already saturated maybe you should think to focus your restaurant in specialized food.

Look these ideas about it:

1. Food Allergy specialist. Here there are several alternatives depending on the type of allergies. You should do an investigation of population density in your city that suffers from allergies so determined to give more prominence to a product over another.

2. Food Diabetic specialist. The importance of this market is indisputable. On supermarkets you can find special lines of this kind of food.

3. Food organic specialist. This item is perhaps one of the most exploited, but the suggestion is to distinguish the presentation of the other specializations.

4. Food specialized athletes. This item is also over-exploited but more from the perspective of vitamins and supplements. You can give a new approach with special recipes provide effective counseling with a nutritionist.

5. Food for weight loss specialist. Here you need the advice of a nutritionist to do business differently. You could sell not only products but also how to use them together to achieve goals.

6. Food specialist to reduce certain pathogens in the body. One example of this is people with high cholesterol that should to do special diets. So there are several diseases that require special diets. Visit your city clinics and find out where they will be more successful.

Filed Under: Business Ideas, Life & Style, Make Money, Marketing Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

7 Tips for Conquer The International Market – Export Now

May 5, 2009 By 2 Comments

Make your business take off and fly to international markets.

At CNNMoney website give us 7 tips for conquer the international market and to return your business ideas globalized. Following a summary with some comments:

1. Start by choosing a country which is friendly with imports. Each country is different and one must know how friendly it is with imports from third countries, the more protectionist a country is more regulations are going to exist and the more difficult it will be for you to enter this market. See page World Bank to have an idea of which country is more friendly.

2. Research on the websites of the country objective. Check its  tax treatment to goods imported maybe that is going to be expensive when your product reaches the consumer.

3. Know your suppliers and distributors. Research references and if possible visit them in person, face to face contact is important.

4. Visit fairs target country. Be present at a trade fair is expensive, so there you will find suppliers who are usually well established businesses.

5. Increase your  diplomatic skills. There are always cultural differences and you should be prepared to see them. It must shake hands, give a kiss on the face, who pays the restaurant bill? Knowing these little cultural details that make the difference.

6. Be careful with the logistics. Once you’ve decided to go to another country should be aware of the logistical problems that your product can physically reach the destination country.

7. Protect relationships. Build and cultivate in time the relationships with your suppliers and distributors.

Photo via StockXchng.

You can read the full article at CNNMoney website by clicking here in this link

Filed Under: Business Ideas, Culture, Make Money, Marketing Tagged With: , , , , , , , , , , , , , ,