The changing economy has created an atmosphere of despair all over the globe. But the positive side is that when employees are downsized most people will look for other avenues of acquiring incomes. Many will look to starting their own businesses. If you are in a position where you are having to reinvent yourself and you're not sure how to start a business then "The Start Your Own Business Bible" can help you start the business of your dreams.
Walsh covers so many types of businesses, it's amazing. If you are interested in starting a business as a Book Binder, Body Guard, Modeling School, Employee Leasing, Paper Shredding, Miniature Golf or Storage Service, Walsh has all the information you will need to get started. Each opportunity has a " Lowdown " section which gives a brief example of what you will need to get started and what you could potentially charge customers. The "Start Up" section for each opportunity lists costs needed to get you up and running. Walsh also covers "Bottom Line Advice" which will give you the boost of confidence you need to get you on your way.
The best way to use this book is to determine what cash you have available right now to use and then figure out what interests you. You will also need to consider your work experience and background. Walsh has categorized the business profiles into five start-up categories:
- Under $ 2,000 = low out of pocket
- Between $ 2,000 and $ 5,000 = requires preplanning
- Between $ 5,000 and $ 15,000 = may need help from friends and family
- Between $ 15,000 and $ 40,000 = may require a small business loan
- Above $ 40,000 = may require a bank loan and investors
If you want to get away from the same type of job or business you've been doing for years, Walsh has over 500 new opportunities listed for you to consider.
Walsh has sections that will cover legal issues, business plans, and survival strategies so you don't fail. Section Three covers business tips which include the "Must-Have" checklist for new business which includes computers, phones, file cabinets, letterhead and anything else you could think of to get you going. Walsh also gives tips on how to create ideas to solve solutions to problems that may occur. There is also information for record keeping, time management, marketing and marketing trends to name a few. Walsh helps you become your own boss.
Richard Walsh is an editor and writer specializing in researching and developing print and digital products for medical, technical, and general readers. He is the author of Time Management, Second Edition. He lives in Southborough, MA.
