Heather L. Shepherd - 101 Businesses You Can Start with Less Than One Thousand Dollars: For Students

101 Businesses You Can Start With Less Than One Thousand Dollars:

For Students

Heather L. Shepherd

101 BUSINESSES YOU CAN START WITH LESS THAN ONE THOUSAND DOLLARS: For Students

Copyright 2007 by Atlantic Publishing Group, Inc.

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ISBN-13: 978-0-910627-90-0

ISBN-10: 0-910627-90-8

Library of Congress Cataloging-in-Publication Data

Shepherd, Heather Lee.

101 businesses you can start with less than one thousand dollars : for students / by: Heather Lee Shepherd.

p. cm.

Includes bibliographical references and index.

ISBN-13: 978-0-910627-90-0 (alk. paper)

ISBN-10: 0-910627-90-8 (alk. paper)

1. New business enterprises. 2. Small business--Management. 3. Students--Employment. 4. Self-employed. I. Title. II. Title: One houndred one businesses you can start with less than one thousand dollars. III. Title: One hundred and one businesses you can start with less than one thousand dollars.

HD62.5.S534 2007

658.11--dc22

2007029736

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Table of Contents

Preface

This book is written in the context of creating a guide for those students who wish to supplement their income while earning their degree. Whether you are looking for detailed information on the logistics of starting a business, weighing your options, creating a business from a current hobby, or you have finally decided to take that step into entrepreneurship, you will find all the information you need here.

Entrepreneurship is an exciting decision, but it is not all frosting. There is much to do you will need to measure your ingredients just right (have the time and capital available), mix the ingredients together (write a business plan), bake for a little over an hour (it normally takes about a year to see an income from the business), wait for it to cool (inform the public it is all done), and then comes the frosting (you are earning your income).

The best part about owning your own business is that you are your own boss, and the worst part about owning your own business is you are the boss. Unless you own a partnership, you only have yourself to lean on, and only you can pick up extra shifts and make major decisions regarding the business. Do not worry we have also covered the pros and cons of becoming a business owner, including information on where you can turn for help throughout every stage of your business. There are organizations and groups that you can join to gain support, and there are people who will offer business to business help, advice, and service trading.

How This Book Is Organized

This book is organized in a timeline format, detailing how to start and run any business. It is nearly a step-by-step process that offers everything you need to begin the development of your business. If you do not know what type of business you want to run, 101 Businesses You Can Start with Less Than One Thousand Dollars: For Students offers information on the various businesses you can start from scratch with little or no money down.

The first section of the book is an overview that answers most of the questions you will have about starting a business and the concerns that surround it, including information about health care, retirement, and the pros and cons of running a business. In addition, you will learn numerous ways to test your business idea to see how well it will do in mainstream America.

The second section asks you to evaluate your decision to start your own business. Self-evaluation is an essential tool for the emerging entrepreneur, as it will help you assess the skills you have and offer information on developing those you lack. It is all right if you are not a whiz at accounting, finance, or other business-related aspects, but it is important to understand that they are needed to be successful in business. Taking a deeper look into your skills and assessing them properly will help realistically determine what type of business is right for you.

Deciding which business works best for you is not to be taken lightly. Your business will need to grow with you, meet your individual, financial, and family needs, and it must make you absolutely, positively happy. Running your own business can be a stressful situation at times, but doing something that makes you happy will relieve some of the stress. This section will help you choose the business that will complement your needs, have potential long-term benefits, and have the earning potential to fit your current needs.

Furthermore, the fourth section digs deep into the formation of any business structure and gives you a step-by-step guide to filing a business with your state, local government, and the IRS. It includes a discussion of business licenses, permits, and how to obtain them, if needed. The process may seem overwhelming but is in fact rather simple.

If you are not studying advertising the word can be scary and may make you want to run for the hills. However, everything you need to know about advertisement is laid out for your reading enjoyment. You will be shocked at how easy advertisement is.