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Could you start a small business and succeed now ?

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jdots Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-28-04 04:28 PM
Original message
Could you start a small business and succeed now ?
These mega conglomerates started as small little dreams and now have bitten the hand that fed them.Could your small store compete against a chain that pays very little taxes because they have thier offices in another country,could you develope a product line without millions of dollars?To invent you need parts and people with dreams,can you find parts or people with enough money to work till something gets better ?The boom of dot com died when the game became a gamble for investment.
Can you sell art's & crafts to a country that has been told that art is evil and krafts are to made by slave labor.It is the media that
glorifies the Donald Trumps ,Haliburtons,Enrons and global Crossings,showing that power is what working is about,not the dream of a decent life of familly and friends in a safe little town.The doom & boom markets have been kicking the hell out of the American dream and they owe this country for letting them get out of hand and above the law.The Repukes say they are pro business and it is a lie that has been sold 24 hours a day on thier t.v.&radio stations.They are the terrorists that everyone is afraid of,not some people who live in another country.Thier plan is to make America a third world country so we can make cheap junk for the Chineese some day.43 % of the morgages in this country are owned by banks outside of this country.Turn off your t.v. because the last thing it wants you to know is the terrorists are not you and me or some people who dress differently than Karl Rove , Bill O'Rielly or Condi Rice.This country is about imagination and making good dreams come true, not watching bad dreams and hatred/predudice take over.We are the Margret Sangers and Woody Guthries,the neocons are the bad seed of greed.We can win back this dream by not letting them replace it with being over entertained and under educated.It is our job to teach the freepers to read,take care of the vets who are being screwed,feed the hungry,shelter the homeless .It is alot of work,but we can do it by not pointing fingers at each other and being afraid of the job. See you in the streets and this time we show them who Americans really are because they seem to have forgotten everything except thier comfort which is based on the suffering of the rest of the world.
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tjdee Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-28-04 04:31 PM
Response to Original message
1. People start businesses every day--and don't forget Ebay!
Like Dick Cheney says!

But honestly, lots of people are starting small businesses. Granted, many of these businesses fail in five years, but they are starting them.
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cser Donating Member (56 posts) Send PM | Profile | Ignore Tue Dec-28-04 04:34 PM
Response to Original message
2. I could if I used paragraphs.
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ThomasJackson Donating Member (51 posts) Send PM | Profile | Ignore Tue Dec-28-04 04:35 PM
Response to Reply #2
3. too funny!!!!!
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cser Donating Member (56 posts) Send PM | Profile | Ignore Tue Dec-28-04 04:54 PM
Response to Reply #3
6. Thanks, I'm here all week. Please tip the wait staff.
Us low-posters need to keep together.
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jdots Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-28-04 04:59 PM
Response to Reply #2
8. forgive me please
I would rather be functionally illiterate than a correct jerk-off. At times you may see thoughts here that have nothing you can grasp hold of because the writers aren't masters of the English language like William F. Buckly or Dennis Miller.
The question was this Could you start a buisiness now without having to pay shitty wages,be a cut throat republican turd worm and go against what humans may be here for ?
The Ebay based places that will sell your unused junk are a sign of times like check cashing money to loan scam outfits.
Why bother posting if this place becomes full correctors flaming each other about presentation instead of content.
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damntexdem Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-28-04 04:45 PM
Response to Original message
4. Yes. All it would take would be for a ...
politically-well-connected, millionaire father to set me up in business, bail me out when I ran it into the ground, and then get me selected president.
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Cuban_Liberal Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-28-04 04:53 PM
Response to Original message
5. Yes.
We've done so twice in the last 2 1/2 years.
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whistle Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-28-04 04:55 PM
Response to Original message
7. Just remember that within 10 years two thirds of new businesses...
...go out of existence. Although, the risks are substantial, with proper planning and sound business practices these odds can be reduced. But then it seems that the Federal Reserve looks at the same data and decides when to bring on tight money and recessions (macro-economic policies) independent of what the individual businesses may be practicing.
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EVDebs Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-28-04 05:02 PM
Response to Original message
9. I don't know...restaurants are notorious for going under fast and
Edited on Tue Dec-28-04 05:05 PM by EVDebs
this article at http://www.lincoln-club.org/business-planning.html

states:

"Every year about 100,000 businesses in the United States fail. Dun & Bradstreet develops statistics on business failures that are updated yearly. While the percentages vary a bit from year to year, the reasons for business failure go something like this:

Disaster - 1 Percent.....
Fraud - 2 Percent........
Neglect - 4 Percent......
Lack of Line Experience - 10 Percent.....
Unbalanced Experience - 22 Percent.......
Managerial Incompetence - 61 Percent....."

Besides, I don't think I've got the experience that the article talks about but is essential for business survival. Besides that,

"Eighty percent of new business start-ups never survive the first three years" according to http://www.bizjournals.com/extraedge/consultants/company_doctor/1996/10/28/column24.html

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theboss Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-28-04 05:03 PM
Response to Original message
10. I'm planning on it within the next year
My boss started this business ten years ago and is now worth $50 million. I don't see why I can't do the same.
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kslib Donating Member (485 posts) Send PM | Profile | Ignore Tue Dec-28-04 05:07 PM
Response to Original message
11. Punctuation aside....
My parents started a business a few years ago (trucking for the farm industry). I helped with the books, and could NOT believe what they were paying in taxes!!! They have two employees (themselves) who get a total of $900 a month salary. They pay $358 in payroll taxes every month and an additional $600 quarterly for unemployment. Anyway, after deducting expenses (for fuel, repairs, salary, etc.) they made a whopping $4,000 this year. That was waaaayy too much (so sayeth the feds), so they have to pay $800 for fed tax, and a couple hundred for state tax. ARRRGGG! If they cheated and took out money from the business for personal expenses (calling it something else), then they wouldn't have to pay all this crap, but they won't do that, because they consider it unethical (go mom and dad!). They were told that they should go into debt and buy a new semi (which is really, really expensive) because they just finished paying off the current one; that way they could claim a loss, and not pay so much in taxes. What's wrong with the little business? Well, I think it's that if you're honest, you get screwed. (Maybe not, maybe they're just naive...)
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oneold1-4u Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-28-04 05:22 PM
Response to Original message
12. Many dumb people try
It is important to learn or know some things: all about what you want to or are doing, plan to be richer, doing it, plan how to handle being a lot richer.
I knew a couple of friends who put up all the capitol they could get their hands on for a new and needed business. The money began rolling in and both of them began rolling around in it. Within 3 years they were both divorced because of free living and then they each faulted the other and couldn't pay taxes or keep bills paid and ended up in bankruptcy. If a good business costs a person their family and best friend and partner, no matter how lucrative money wise, it is always a failure.
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