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Those interested in opening their own business

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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
 
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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 Chat Icon

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

9511 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 Chat Icon
*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. Chat Icon

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. Chat Icon

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. Chat Icon


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. Chat Icon

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. Chat Icon

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 Chat Icon

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. Chat Icon

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
Chat Icon

Message edited 11/8/2006 3:59:46 PM.

Posted 11/8/06 3:58 PM
 
Pages: [1] 2
 

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