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Do any of you have any experience with the above e-commerce sites? I've read fairly decent reviews for storenvy, which by all accounts is easy to be up and running in no time. I'm curious how these...

Beware your margins before lowering your price. I would assume that 60% off your retail price probably puts you into the razor thin profit line (please correct me if I am wrong). If, on the other...

I think it depends how big of a loan you're looking for. Tapping your 401k might not be the best route, especially if you'll deplete half your savings. BUT, a very small loan from your 401k might...

I actually disagree somewhat with the above. I do think it is necessary to know where your business is going and what you plan to do and writing it down will help you solidify it in your mind. When I...

Eirinn,

I saw your other related post. Your best bet here is to file at least a provisional patent before posting anything. If you post before you file, you actually are at risk of losing your...

Yep... especially since that space is leased...

leased? pls explain

There's an easy solution to the UPC problem - budget the cost into the product development.

To echo what Woz and Freelancier have said, if spending $300 is making you nervous now, what's going to...

Does his product need a UPC? What I'm saying is if you need one, and you think $250 is too much to spend on a business, you're putting your eggs in the wrong basket.

No, his product doesn't need a...

You've already failed if you cannot pony up cash for essential things like that. I am surprised that this is all they charge. If you are strapped for cash, you need to not be starting any businesses...

How many of you use a UPC code for product packaging? I've read that it's essential when selling to big retailers, but for those of us just starting out this doesn't seem like an economical solution....

I work in the retail/wholesale industry and have done so for the last 20 yrs or so. I have access to vendors and manufacturers so it made sense for me to continue in this direction. Is it my passion?...

Hi there. I am wondering what the process will be like to obtain a product licensing agreement with Marvel. I was told that I will be required to pay an up-front payment in addition to a per unit...

Have any of you foregone salaries when you started your business? If so, what were the tax ramifications? My assumption is that a lot of entrepreneurs go without pay so they can put whatever profits...

I'm in the beginning stages of drawing up a business plan and for me it provides a foundation for what I want my business to look like and where I want it to go. If you're looking for financing from...

Kickstarter and most crowdfunding sites are designed to fund projects, not businesses. Usually artistic or social projects. The problem with crowdfunding is that the "crowd" can not invest, but only...

Have any of you ever used a crowd sourcing site like kickstarter to finance your business? I've always liked the idea of kickstarter but need to read up on their requirements. My understanding is...

I'm with Harold on this, your mom put up the money for your business which makes her an investor. It doesn't matter that you're doing all the work - you wouldn't have any work if it wasn't for your...

Welcome!

What kind of business are you planning to start??

I'm keeping that a secret at the moment ;) I'd actually like to get off the ground first before revealing any of that to anybody. I...

I actually found several sources I'm going to try out - they look promising. It's harder finding PO software though

It's understandable for there to be resistance from your
Family, especially for something risky such as starting your own business. Having a positive attitude is one thing but having a sound...

Does it exist and can any of you point me to a source? I'm looking for something that can produce invoices but also purchase orders. Thanks

I think a lot of failure comes from not researching your target market. For example, there are many small businesses that I've come across in south Minneapolis that have come and gone. Why? Because...

Hey everyone. I've been itching to start my own business for awhile and now that I know what it is I want to do I plan on doing a lot of research so I don't make mistakes along the way. I'm currently...