| Posted By |
Message |
| Pages: [1] 2 |
HollaGirl
Merry Christmas !!!
Member since 10/06 3308 total posts
Name:
Kristen
|
Those interested in opening their own business
What is it?
What's stopping you?
|
Posted 11/8/06 2:06 PM  |
| |
|
Long Island Weddings
Long Island's Largest Bridal Resource |
Beth
The Key to your new home....
Member since 2/06 24849 total posts
Name:
Beth
|
Re: Those interested in opening their own business
I'll start
not ready to give my Salary yet
and being that my DH makes commission only- it's nice to know that we have a set amount coming in every month
then if he has an off month- it's not the end of the world
|
| Posted 11/8/06 2:09 PM |
| |
|
MrsQ
Just me
Member since 6/06 11378 total posts
Name:
Qiana
|
Re: Those interested in opening their own business
What is it? A clothing and accessory boutique
What's stopping you? money 
|
| Posted 11/8/06 2:10 PM |
| |
|
nov04libride
big brother <3
Member since 5/05 14672 total posts
Name:
Me
|
Re: Those interested in opening their own business
i don't know what i would do, but i would love not being bossed around by the man!
but i am afraid of failure and losing money.
|
| Posted 11/8/06 2:10 PM |
| |
|
lululu
LIF Adult
Member since 7/05 9509 total posts
Name:
|
Re: Those interested in opening their own business
Unfortunately i think that i make more now than i would with the business venture I really want to pursue. Also, it would probably take up a lot more of my time. On the plus side i think that I would love the career change. I hate what i do now.
Also, I am afraid of sinking a lot of money into a business that could potentially fail. That about sums it up!
I still think I may do it, i am still in the research phase.
|
| Posted 11/8/06 2:11 PM |
| |
|
Lisa
I'm a PANK!!!
Member since 5/05 22334 total posts
Name:
Professional Aunts No Kids
|
Re: Those interested in opening their own business
I am not ready to give up my salary.
i do it on the side and I knwo it would not pay the bills...not yet!!
|
| Posted 11/8/06 2:12 PM |
| |
|
HAPPYEVAAFTER
LIF Infant
Member since 9/06 152 total posts
Name:
Graceann
|
Re: Those interested in opening their own business
What is it? breakfast spot
What's stopping you? Afraid it wont be successful, money.
|
| Posted 11/8/06 2:19 PM |
| |
|
Chatham-Chick
*********************
Member since 5/05 10311 total posts
Name:
|
Re: Those interested in opening their own business
What is it?
-a restaurant/bar in Huntington Village
(I'd love to open something very casual & kid friendly...kind of like an updated Good Steer. Very barnish or rustic...wide plank floors, wood beams, etc.)
What's stopping you?
-my DH and dad 
*DH is well aware of the failure rate for retail shops and restaurants, plus he doesn't like how much time you have to commit to them (being there on weekends and late at night)
*my father owned a restaurant-bar in HV and has always told me "stay away from anything that has to do with alcohol"
based on his own experiences.
|
| Posted 11/8/06 2:21 PM |
| |
|
randella
Love my little man
Member since 8/05 16290 total posts
Name:
Randi
|
Re: Those interested in opening their own business
I did it!!
It's a resume writing business..
Even if i did it full time, it would not replace my current salary, nor would it be enough to support the lifestyle I am accustomed to-- it's a way to make some extra money-- and really help people who need additional support in this area.
|
| Posted 11/8/06 2:21 PM |
| |
|
MsMBV
:P
Member since 5/05 28602 total posts
Name:
Me
|
Re: Those interested in opening their own business
I do not have the start-up. We would need about $4 M.
I hate to take out those kinds of loans/favors.
We had an interested investor once, but he wanted 30%. too much for our liking.
|
| Posted 11/8/06 2:22 PM |
| |
|
greenfreak
.
Member since 9/06 11483 total posts
Name:
greenfreak
|
Re: Those interested in opening their own business
Photography - selling it via my website, at outdoor flea markets/festivals/shows, and online at stock photography sites.
What's stopping me? Having no idea where to start and the possible tax implications. I heard that I have to make a profit in the first year/3 years or the IRS will penalize you. Don't know if it's true or not, it could be totally false.
Also, what's stopping me is my level of committment. It's something I thought about doing for years, but will I really put enough effort into it to make a profit? I don't know. I get these fleeting ideas and then never follow through. But once money is involved, that's much worse. 
|
| Posted 11/8/06 2:27 PM |
| |
|
MsMBV
:P
Member since 5/05 28602 total posts
Name:
Me
|
Re: Those interested in opening their own business
Posted by greenfreak
Photography - selling it via my website, at outdoor flea markets/festivals/shows, and online at stock photography sites.
What's stopping me? Having no idea where to start and the possible tax implications. I heard that I have to make a profit in the first year/3 years or the IRS will penalize you. Don't know if it's true or not, it could be totally false.
Also, what's stopping me is my level of committment. It's something I thought about doing for years, but will I really put enough effort into it to make a profit? I don't know. I get these fleeting ideas and then never follow through. But once money is involved, that's much worse.
You do not have to show a profit in the first year. Actually that would be before many businesses get their ROI.
|
| Posted 11/8/06 2:41 PM |
| |
|
2Pisces
Life Coach
Member since 2/06 3337 total posts
Name:
Paige
|
Re: Those interested in opening their own business
I would love to open up a business for writing resumes & job prep.
I actually do this now, but have yet to charge the people I do it for. I think I'm being too nice. 
|
| Posted 11/8/06 2:48 PM |
| |
|
2Pisces
Life Coach
Member since 2/06 3337 total posts
Name:
Paige
|
Re: Those interested in opening their own business
Posted by randella
I did it!!
It's a resume writing business..
Even if i did it full time, it would not replace my current salary, nor would it be enough to support the lifestyle I am accustomed to-- it's a way to make some extra money-- and really help people who need additional support in this area.
Cool! Just saw your post! That is so great. Maybe you could be my inspiration. 
|
| Posted 11/8/06 2:48 PM |
| |
|
MikesWife
Wanting...........
Member since 1/06 6887 total posts
Name:
Karen
|
Re: Those interested in opening their own business
I would LOVE to open a spa - but it would be a multi million dollar project!!
|
| Posted 11/8/06 2:49 PM |
| |
|
LI2VA
Love my life!!
Member since 11/05 3125 total posts
Name:
Melissa
|
Re: Those interested in opening their own business
open a dance studio
whats stopping me is $$$ and I have a new 
|
| Posted 11/8/06 2:51 PM |
| |
|
MrsBlueSash
Love my sailor
Member since 6/05 5793 total posts
Name:
Christian
|
Re: Those interested in opening their own business
Contracting firm.
Nothing is stopping me. Just learning the ropes right now and DH is working toward a military retirement. We will get there, I believe this with all of my heart.
|
| Posted 11/8/06 2:51 PM |
| |
|
Diva
I am what I am
Member since 12/05 2825 total posts
Name:
Jennifer
|
Re: Those interested in opening their own business
Business: Custom stationary
Holding back: Not enough experience. With practice and education, I'm certain I'll get better. Plus its a side business, so I dont expect it to take my current job any time soon.
|
| Posted 11/8/06 2:56 PM |
| |
|
krwm
<3
Member since 7/05 3466 total posts
Name:
|
Re: Those interested in opening their own business
Custom Made Adult/Children's Clothing.
I already have a website and am waiting to get a new logo. Once I do I will be going to nearby kids boutiques trying to sell my stuff.
Plus it would be a side job so I only really do stuff for it in my spare time.
|
| Posted 11/8/06 3:20 PM |
| |
|
greenfreak
.
Member since 9/06 11483 total posts
Name:
greenfreak
|
Re: Those interested in opening their own business
Posted by MsMBV
You do not have to show a profit in the first year. Actually that would be before many businesses get their ROI.
That's what I was thinking, but the IRS never ceases to amaze me.
With me the fear of the unknown is the hurtle. Once I clear that, it seems silly that I even worried.
I just need more information and a great urge to committ to this.
|
| Posted 11/8/06 3:24 PM |
| |
|
Chica
Cuteness!
Member since 10/06 3013 total posts
Name:
Erica
|
Re: Those interested in opening their own business
What is it? a bakery/cafe
What stopping you? The thought of waking up at the crack of dawn - no thank you!
|
| Posted 11/8/06 3:25 PM |
| |
|
karacg
Babygirl is 4!
Member since 5/05 17076 total posts
Name:
Kara®
|
Re: Those interested in opening their own business
I opened it Dec. 2005!!
And it's going well...
|
| Posted 11/8/06 3:47 PM |
| |
|
Hi-Fi55
12 years...wow....
Member since 2/06 2984 total posts
Name:
Dianne
|
Re: Those interested in opening their own business
Type of Business: Title Agency
Started: March of 2003. This is the best thing I have ever done. Though you get nervous about the money (taxes, salary, etc.), the liability, the overall success, there is nothing like a sense of accomplishment ever day I am here. Owning your own business is overwhelming and extremely satisfying at the same time.
Try it, there's nothing like it. And so what if it doesn't work out. Then you pick up the pieces and move on. But you don't want to regret something especially when you have a talent at it.
|
| Posted 11/8/06 3:55 PM |
| |
|
Joooood
LIF Infant
Member since 9/06 324 total posts
Name:
Judy
|
Re: Those interested in opening their own business
a tea shop
why not? reality. :(
|
| Posted 11/8/06 3:57 PM |
| |
|
Bri
I Love You to Pieces!
Member since 5/05 9919 total posts
Name:
Brianne
|
Re: Those interested in opening their own business
-Custom made and pre-designed children's clothing and accessories
-
not knowing where to start
not wanting to give up my current career
Message edited 11/8/2006 3:59:46 PM.
|
| Posted 11/8/06 3:58 PM |
| |
|
| Pages: [1] 2 |
