What are some problems associated with starting a business?

[JoNeS]

Homework assignment.... I have to list 5 problems associated with starting a new business. They can be general problems, or things related to current events. .

Any help?

 

[Gambino]

no customers

 

[Code]

In no particular order:

Seed funding.
Marketing.
Design.

Most, if not all, of your other key obstacles (establishing customer base, product documentation, making payroll etc etc) stem from the above issues.

 

[NorthNPrincess]

Getting your business plan approved for Bank Loans

 

[strongsmartsexy]

Having a plan
executing the plan
having the cash to drive the plan.
Failure to fire those who don't peform.

 

[Paulo]

Having a plan
executing the plan
having the cash to drive the plan.
Failure to fire those who don't peform.

#5 Not hiring Paulo as your COO.

can't believe y'all missed that one.

 

[strongsmartsexy]

#5 Not hiring Paulo as your COO.

can't believe y'all missed that one.

Ok, you're hired. YOur salary is ZERO, your benefits are ZERO. Your responsibilities are endless. IF you don't have the bottom line numbers up by the 16th of April 2004, you're fired!

 

[Paulo]

Ok, you're hired. YOur salary is ZERO, your benefits are ZERO. Your responsibilities are endless. IF you don't have the bottom line numbers up by the 16th of April 2004, you're fired!

As long as there is sufficient reward for when I meet and/or exceed your challenge, then I am there.

If not....Go fuck yourself.

 

[strongsmartsexy]

As long as there is sufficient reward for when I meet and/or exceed your challenge, then I am there.

If not....Go fuck yourself.

You'll have the satisfaction of a job well done.

 

[Paulo]

You'll have the satisfaction of a job well done.

Sorry, that does not qualify as a "sufficient reward" ,thus, I must refer you to my previous statement.

 

[strongsmartsexy]

Sorry, that does not qualify as a "sufficient reward" ,thus, I must refer you to my previous statement.

That is anatomically impossible, which is representative of the possiblilty you'd have in operating as COO. Have a Happy Easter Bunny!!!

 

[atlantabiolab]

Homework assignment.... I have to list 5 problems associated with starting a new business. They can be general problems, or things related to current events. .

Any help?

WalMart would tell you that the top three are:

1. ignorant citizens,
2. local government, and
3. Jesse Jackson.

 

[Razorguns]

only one REAL problem:

not making enough revenue to cover expenses.

that'll do it EVERy time!