Small Business Ideas

Joiner

Plumber

Handyman

Web Designer

Painter and Decorator

Crafter

eBay seller

Motor Mechanic Fairly routine you may say and yes I would agree, however, the more time I spend with start-up businesses the more I realise that if in your past you have no experience of the skills needed to run your perfect small business idea, then it is doomed for failure.For instance lets consider someone like myself. If I wanted to be a builder, joiner, plumber etc I would not have a hope or prayer as my DIY skills are terrible let alone to have the audacity to claim to be a professional, and yet I still see people who have come from a background working in travel and tourism and such like, who want to convert without any training to working in the allied trades, or specialist professional sectors. What makes them think this is a good idea.My advice is to write your business ideas in a pad, go to bed, sleep on it and if it is still a good idea in the morning then expand the thought process from an idea into a basic business plan. Just one side of A4 paper will do, covering the following sections, and don't forget to check out local free resources to help you on the way.What do you want to do?Who will do what in your new business?What has led you to this, and what skills needed to run a business like this?Who are your top 5 local competitors?

How are you going to be different from them?How do you intend to charge for your services or products?What will it cost to get started?At least then you will have a clearer idea of what you want, how much it will cost, if you have the skills needed, and will it make money.Some more interesting small business ideas:

Blues Box Guitar Manufacture

Trampoline Centre

Fine Artist

Mortgage Broker

Glassware Manufacture

Promotional Goods Manufacture

Internet Millionaire ( PPC Sites ) So no matter what your small business ideas is make sure that you have clearly thought about it, and began to map it out on paper before you take the plunge and invest your money and time, in the hope that all will work out.

With all the trumped up ya-ya from the press lately over big businesses, corporate tax, and rich folks not paying their fair share, I wanted to offer up some detailed directions for small business owners who may want an opportunity to save some money on their tax debt and still be able to make a good living income.How to Strategize Spending - Business owners have always planned and strategized their expenses for best benefit, but this may be a bit more structured. To strategize your small business spending program to best influence your tax statement, I have a few recommendations.

Either operate as a DBA, or pay yourself as a contractor so you can personally deduct any business expenses you may have.

Use your personal vehicle for business and deduct ALL business miles possible - read the tax code, or ask your accountant - keep documented proof.

While staying on top of social media can seem quite challenging at times, there are ways to make it easier. business finance