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    Saturday, December 2, 2017

    2 year business with no credit. Credit Bureaus telling me to contact lenders, Vice versa. small business

    2 year business with no credit. Credit Bureaus telling me to contact lenders, Vice versa. small business


    2 year business with no credit. Credit Bureaus telling me to contact lenders, Vice versa.

    Posted: 01 Dec 2017 03:27 PM PST

    Hello, I have a business for 2 years and I seem to have a problem of not having any credit reported to the business despite all the bills under the company have been paid on time too. I also have gotten secured cards which have gave me no benefit 1 year later.

    I contacted experian because I had a subscription with them for over 1 year so I can track my credit report monthly, but they're no help. I tell them nothing is being reported and they are telling me it's the lenders' fault and when I contact my banks or other companies they tell me they automatically release the information to the credit bureaus.

    I need advice on how to actually fix this problem so I can have opportunities with business credit.

    Thank you!

    submitted by /u/TheiSuperDuper
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    Ready to Import - anything I should know?

    Posted: 01 Dec 2017 11:55 PM PST

    I've managed to save up about 10k through my small business now, and have been buying through essentially middlemen within my own country so far ( which is why it's been hard to save up even 10k).

    This is definitely a next step I need to take for my business, and I have to get it right the first time or I'll be set back a lot.
    Does anyone have any tips on finding real wholesalers, and would 10k even be enough to start importing in bulk I wonder? (Importing Tea). Any advice would be appreciated. Sydney, Australia.

    submitted by /u/yb0t
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    What ongoing percentage to agree with Salesperson/Friend

    Posted: 01 Dec 2017 08:06 AM PST

    Hi Everyone,

    I run a company on the East coast of my country. There is a friend of mine who has successfully sold my (accommodation booking) services to a hotel on the West coast.

    This person gave a great pitch and I would like them to visit other West Coast hotels on my behalf.

    Rather than paying them a once off fee for each Hotel they capture, I feel an ongoing cut of Revenue would serve this person better.

    What percentage should I offer them for each Hotel they capture ? (Considering they will have only 2 site visits: The 1st to meet with the Hotel owner and the 2nd visit would be to gather photos of the rooms. )

    I expect to garner a revenue of about €300 per hotel per month (based on existing customers). And I would like to repay this kindness with an ongoing payment, rather than a once off payout.

    Any advice or comments on this would be appreciated, can I say that this person is a friend and has been for years. This is not their chosen profession and they are doing me a favour.

    I'm sure there is probably more info required, what I'm really looking for is what would make someone happy and not kill my margins.

    Thanks for you time,

    Fionn

    submitted by /u/Fionn101
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    Looking to start a home care services for elderly/disabled people. What would be the best way to start?

    Posted: 01 Dec 2017 01:02 PM PST

    I live in northern MN and have worked in health care as a CNA for about 3 years. I have found the most of the time, people would rather receive care at home. There are about 8 agencies in the area that provide home care for as low as $20 and hour for independent people with minimum care to $50 bucks an hour. I found that the populations in the area average about 15-25% adult age 65 and up (And this is project to grow to almost double within the next 10-20 years). Where would be the best place to start? Should I start as a contractor with private pay, and establish partners? Get investments to start an agency?

    submitted by /u/jradt2011
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    Looking to purchase a liquor store and have some questions.

    Posted: 01 Dec 2017 12:21 PM PST

    I am currently searching on online business selling websites and saw a lot of liqueur stores for sale. What are some cons for running a liquor store that I should know? Anyone have a firsthand experience on the transfer of the liquor selling license to the new owner once the store is purchased?

    submitted by /u/catchingupbeforeidie
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    Wedivents- Looking for sellers

    Posted: 01 Dec 2017 03:39 PM PST

    Hey everyone, I'm currently working on creating a new marketplace that is looking for sellers of either old wedding items such as wedding dresses or decoration or for hobbyists that create wedding related items for example invitations or cakes. The marketplace is currently not up yet but while we are working on it we created a separate website for you to sign up in advance. Visit the website and if you sign up (which is free of course), I will add your name to the beta website as potential sellers for everyone to see. I will email you the link of the marketplace once we are up and running, so you can set up shop.

    http://wedivents.strikingly.com/ - sign up here, all I will need is your name and what you wish to sell!

    Thanks

    Follow us on insta @Wedivents

    http://wedivents.strikingly.com/

    submitted by /u/Wedivents
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    Is this a good business or nope?

    Posted: 01 Dec 2017 11:13 AM PST

    Looking to buy this turnkey coffee shop which has been in operation for 5 years. It's stable, steady, and I have watched it grow. Now the owner is selling it.

    Details: Avg revenue $20k/month Owner makes: $450/week and does not work any shifts. He works weekends when it is busy just to help run register and clean tables. Light work. He does all inventory/ordering/marketing. Profit (after Owner pay): 5-10% on any given month.

    I haven't made an offer yet because I don't really know if it is worth my time. I can easily amp up the marketing and put in a few niche food items which will draw.

    What do you think? Is this a good business?

    submitted by /u/bigbuttstacotrucks
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    Who runs a t-shirt printing website?

    Posted: 01 Dec 2017 02:50 PM PST

    Long time lurker from this sub-reddit and have actually started some small businesses myself (eBay store and lawn care) all with tips and motivation from this sub.

    I am trying to inquire from anyone on here that does t-shirts and trying to get a quote for about 40 t-shirts that I'm trying to get done and handed out before December 22nd. I started an after school basketball program at the school my wife teaches at (a school in need of assistance) and one of the things I'm getting all the participants are basketball shirts with their nickname/name and number on the back. I got a quote from someone in town and they said it'd be about $700 total. I'm not looking for a discount at all but am trying to see if anyone on this sub can get me a better deal. The front of the shirts are all the same it'll just be different names and numbers on the back. They're quoting at about $17 a shirt for all, can anyone here beat that?

    Thanks for checking and trying to help out some redditors that have helped me out!

    submitted by /u/hawks0311
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    Appointment reminder programs?

    Posted: 01 Dec 2017 10:21 AM PST

    Anyone have a cheap/effective one that they'd recommend?

    submitted by /u/BravaCentauri11
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    What are your biggest obstacles in growing / marketing your business?

    Posted: 01 Dec 2017 08:06 AM PST

    Hey guys,

    I'm about to create a free marketing course for business owners.

    And, as I'd like the content to be truly remarkable, I wanna reach out to as many business owners as possible in order to create something really helpful. Would love to hear your thoughts on the following:

    What are your biggest obstacles when trying to run / build / grow / scale your business?

    Best, Adam from I Wanna Grow My Business

    submitted by /u/IWannaGrowMyBiz
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    How is my Facebook Promotion looking. Help!

    Posted: 01 Dec 2017 07:27 AM PST

    I'm trying to help my parents make sells and this combo I came up with it's all round a really good price. The vanity is made here in the USA by us. This is way cheaper than Home Depot for sure. How can I get this promotion out there, starting with Facebook to see if I can get some traffic.

    Facebook Page

    I pinned the promotion to the top of page because I do not know how to get the link.

    submitted by /u/Jesuusbello
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    Need help creating a flyer

    Posted: 01 Dec 2017 06:51 AM PST

    I have a service I would like to offer to college students in my area. I want to pick up their used or unwanted clothes for no charge. I'm having trouble coming up with what to write on my flyers that I will print. Can anybody suggest me a simple yet engaging way that I could format my flyer?

    I'm trying to come up with something better than "Free Clothing Pick up".

    submitted by /u/doyouknowthebasedgod
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    Do you use visual content in your newsletters?

    Posted: 01 Dec 2017 04:24 AM PST

    I have succeeded in developing a pretty big subscriber group, but I have difficulties in engaging them. So I have done some research and I can tell that a lot of articles advice me to do visual content since this can maintain the subscribers' attention for a longer period

    But, I receive newsletters from Adskills, Grow.co, Hiten Shah, etc but none of them are using visual content that much. They seem to be pretty successful newsletters so I use them as inspiration. But what are their tricks then?

    I was thinking about changing my email campaign to be more visual and pretty much keep this article as inspiration: https://sleeknote.com/blog/visual-marketing. But I don't want to start doing that if the most successful newsletters are doing things in another way, which is more successful?

    What strategies are you guys using?

    submitted by /u/Aeschy_lus
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    Can I use my car to start a prviate ambulance company with rewards program?

    Posted: 01 Dec 2017 12:06 PM PST

    Like some ppl just have bad health or bad luck and regualrly need to call 911 for getting drive to the hospital and everytime they get charged a ton for the transport fees so I was thinking that as a serrvice to the community and as a way to get rich i could clean all of the mess off of my backseat of my car and put sick people there and drive them to the hospital when theycall me saying that they need to go. i could like charge the standard ambulance fee but after like three trips to the hosptial they'd get 1 free or something like that and once i have enough money i can swtich from the 2-ddoor sedan that i have now to a pickup trruck or something so that i could even begin transporting more than one at a time and then maybe someday way down the road i could compete with the air-ambulance companies that the hosptials use so that the industry will be more effieicnet with more players in the game. this is a 2 year plan mostly.

    submitted by /u/wwe2k18noob
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    10 Benchmarks of a Trustworthy IT Outsourcing Company

    Posted: 01 Dec 2017 07:22 AM PST

    With IT sector developing, there are more and more IT outsourcing companies appearing on the market, so making the right choice is even harder. We have picked up 10 benchmarks of a trustworthy IT outsourcing company.

    Bigger choice is not always a good thing, especially if your whole business depends on that. Let's have a look at some markers that will help you tell a reliable company from others and find a perfect partner for your business.

    1. Diverse Portfolio

    Actions speak louder than words, so the first thing to look at is the portfolio of your candidate company. It is a great advantage if it already has a project of similar topic or concept. If not, pay attention to the general complexity of the projects, how well they are described and whether there are any references from the previous clients. All these things significantly increase the credibility of the vendor.

    2. Good Knowledge of Technologies

    It is also good if a Company has a specified stack of technologies. It highlights that it takes development seriously and develops it skills purposefully. For example, our focus is on Ruby and Ruby on Rails and our clients prove the expertise in this area.

    3. Pricing

    Pricing also tells a lot about a company. Going for the cheapest vendor is not always a good idea since in many cases there is a hidden reason, why the company has to undercut the costs.

    Besides, good developers want to receive a good salary. So you want to get A-class specialists, be ready to pay for them accordingly.

    4. Language Expertise

    Outsourcing IT development in many cases means that development will be done in a different country. Please make sure that all team speaks your language and the company invests in language courses for their employees. This will not only provide you with a better communication but will also show which of the companies cares better about its employees.

    5. Time Zone

    One more challenge of working with an outsourcing company is different time zones. Though this challenge is easy to overcome, make sure that the company has experience of working with your time difference and developers and managers can make themselves available if required.

    6. Office Availability

    If the company has an office, where the whole Team works, also defy to a great extent the level of the corporate culture. With people sitting in the same room all problems are discussed better and solved quicker.

    Besides, by working together people get to know each other better, which improves Team spirit. And good Team makes miracles.

    7. Certifications & Memberships

    Don't forget to check whether the company has passed any qualifications. It shows how serious their approach is and whether it aims to be a part of a bigger community.

    Rubyroid Labs is part of Belarus High-Tech Park, which is supported by the government. It is a great honor for us to be a part of this association that includes the best IT companies in Belarus.

    8. Company Age

    Company age can also tell a lot about the experience and tech level of the company. Older companies tend to have more senior developers and, quite naturally, more experience. So you can feel more secure with them.

    9. Business Processes Maturity

    One can't build good software without good business processes. Make sure the company you are dealing with is experienced with the chosen methodology and is able to establish good communication. Think about the amount of reporting you want: daily meetings, weekly demos, etc. and make sure the company can meet your expectations.

    10. Community Contribution

    And last but not the least is community contribution. The fact that the company organizes meetups & conferences, teaches courses or at least has a blog tells a lot about it.

    It means that the company is ready not only to get but to give back and build a strong community around it. This way you are dealing with experienced specialists, which also care about others a lot. And with high probability will care about your product.

    We hope these pieces of advice will help you to make the right choice. And what are you looking at? Share with us in the comments below.

    submitted by /u/Rubyspace
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