Your Questions About Successful Trading Business

Betty asks…

I’m looking for a book about an Indian trade woman, who disguises herself as a man to run her business.?

Um, it was a few years ago I read it, and this is what I remember:

-I believe her family was very poor, and looked down apon by other relatives.
-She may have almost been forced into a arranged marriage (not so sure about this-I’ve too many books x_x)
-She plays chess very well.
-She started her business on nothing.
-She falls in love with some trader guy who thinks she is a man.
-She becomes EXTREMELY successful, and her family is very rich at the end.

I would LOVE it if some one could help me out. Thank you so much for taking the time to read my question (^_^)

John answers:

I hope you could find these books by my given source,
South Asia books is cheapet online Indian bookstore and selling wide range of Indian books where you could find every type of new and old Indian book like Indian story, Indian culture, religion, art, education and much more…

David asks…

becoming a property developer ?

Basically im a landscaper gardener and also have an nvq in painting and decorating and im looking to get an nvq in tiling and plastering aswell. My question is basically, are these good trades to start my own little property development business off ? I want to buy old houses at auction that need work, do them up to a good standard and then eventually sell/rent them. I would use my skills i have to do the garden side of it, the plastering where needed, the tiling in the bathroom and painting and decorating through out the house. I would need to get others (friends i know) to do other jobs such as plumbing and electrics throughout the house, and so on, but basically, are the skills i have enough to start my own successful business or should i maybe go a little further and get more skills such as plumbing etc ? OR should i just employ people to do so ? Any advice would be greatly appreciated ! Thanks !

John answers:

In short, do you have money? If not, keep dreaming.

Property development or flipping is for people with capital or amazing credit and a good reputation with banks. Unless you have money to buy things outright, you will need a bank to back you for construction and or the home purchase. And for that, you need great credit and history.

Unfortunately the skills you’ve listed add little value to homes. What you lack is a licensed contractor, a plumbing and electrical crew and people to do roofs etc. Your skills are the cheapest and the most irrelevant when it comes to flipping unfortunately. Also, you should start out small. If you want to see if this is the business to get yourself into, I recommend buying a place that only needs a small renovation and see how you do there and if you can turn a profit or use it as rental income. If you don’t, that gives you a good indication of where you stand or if you’re willing to do a larger scale job. Worst thing anyone can do is start out with the world’s largest job as your first time doing it. Start small.

Jenny asks…

Minor Contracts Act 1987?

I have a case:
“Robinson’s youngest daughter, Emily is 16 years old and she borrowed money from
London South Bank to set up her own small but successful business, selling dance
and stage clothing and equipment, the proceeds of which pay for singing and
dancing lessons. Mr. Robinson had provided a guarantee for repayment of the loan.
After a few months, Emily’s main supplier finds out that she is only 16 and refuses to
trade further with her. This leaves Emily without enough business to pay for this
month’s lessons, and her teacher is pressing her to meet her obligations. She is also
behind with the payments on her mobile telephone account, and has received a
demand for payment.”

So I want to ask: what types of the 2 contracts between Emily – London South Bank and Emily – her main supplier are? valid, voidable or unenforceable contract??? Please answer me…

John answers:

The contract with the supplier (whether written or not, a contract exists) is not likely to be valid unless it can be argued that it is for ‘necessaries’. The loan from the bank is unenforceable since it is illegal to lend money to persons under 18.

James asks…

Condescending, race playing, (D) “Senator” Barbara Boxer At it again?

Harry Alford is the head of the Black Chamber of Commerce (believing the road for success for black americans is through business), he mimics the same cries as the business community when it comes to tougher regulations curtailing successful business practices, if the wider business community can’t get it across, he tries to get such policies past for African American business owners.

With the recent Tirade of Green Jobs and readying for cap and trade, business have been hurting, including his constituents, black business owners.

He then compiles research and experts on the topic of effective and energy efficient policies that should work as a compromise.

Boxer, then quotes opinions of laymen from the NAACP and such organizations with quotes that essentially spouts, “green jobs are great” Which has no meaning or relevance to the case whatsoever, she then continues to quote black empowerment organizations that are of equal significance.

Harry Alford loses his cool, and gets frustrated over Boxer’s irrelevance vs his research and experts, and Boxer just gets funnier and it progresses “he would be proud to be quoted”. (the quote comes in mid way)

Here is the clip.
http://www.youtube.com/watch?v=FE_jGD5nZ6U&feature=related

John answers:

This is the subtile kind of racism liberals are often guilty of.

“This black group agrees with me. That black group agrees with me. Your black, so you should agree with me, too.” There is a subtile insinuation that if he does not agree with the NAACP and other race-based groups, then he must not be a real black man.

Donna asks…

Explain where the revenue for The Coffee Shop will come from (10 points for best answer)?

Explain where the revenue for The Coffee Shop will come from (10 points for best answer).?
Now that Hardcastle and Sykes have completed the conversion of the spare buildings into retail units, the units are in a good position alongside the canal towpath and are ready for letting. The canal has been cleaned up and is quite a tourist attraction for walkers and cyclists who use the towpath on a regular basis as well as the holidaymakers who use barges on the canal and those touring the area by car.

Imagine that you have successfully completed your BTEC First Diploma or Certificate in Business and have decided to start your own business by combining the knowledge gained on your course and your hobby. In your spare time over the last few years, you have been baking celebration cakes for friends, neighbours and charity fund raising events. You now feel ready to turn this hobby into a profit making business by opening a café, specialising in coffee and home made cakes.
You have been to look at the new retail units belonging to Hardcastle and Sykes and have reserved one which you feel would be ideal for your proposed new venture – it is very spacious with an external paved area that is ideal for summer.
In order to encourage businesses to rent the new retail units, Hardcastle and Sykes have decided to charge a low rent for the first six months of trading whilst the businesses become established. After that rents will be reviewed. It is envisaged that the units will be occupied mainly by new rather than existing re-located businesses.
You have managed to save up some money with which to start your business and your parents have agreed to help out financially with an interest free loan for 2 years provided that you can prove to them that your business will be financially viable. To convince them of this, you have to provide written evidence that your business is expected to be successful. This evidence will be checked by a Small Business Adviser at the local Chamber of Commerce.

Most of the food items and ingredients, cleaning materials and necessities like serviettes, will be bought weekly from Batley’s Cash and Carry warehouse. There may be busy times when you run short of things like washing up liquid and have to buy them from the nearest shop.

John answers:

You will have to use the same formula McDonald’s, Wendy’s, Burger King, and other larger companies use. Here is their formula to determine as to whether or not to open a store

Total population in your area that have disposable income to spend, divided by the number of other business’s in your area who provide the same product. This gives you your market share.

Now take your market share and multiply by the average expenditure of your customer base (example: 3000 customers X $3.00 each (you can find out what the average customer spends from research through your local chamber of commerce. Now you must deduct expenses then you will have an idea of your income.

If you find that your market share will be very low,you might want to re-consider or find out what would make your business different from the competition.

Hope this helps

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