Small Business Tips in the News

Pricing – Can You Charge More for Your Services? Summary:  Yes!

It’s Not Just Honey.  A discussion of Burt’s Bees, which started out as a small business and is now quite a bit more!

Money Smart Life talks about the business he’d start with a 50K windfall.  I think it’s an interesting idea, and maybe could be done for a lot less than that price.  You’d need some initial advertising, but some could be word of mouth and flyers.  You’d need a truck or two, but could probably get away with a used pickup and trailer.   Rent a smaller place with room for expansion.  I think he could start with 20k or less, and that kind of money (assuming the “begging and borrowing” method of financing rather than the windfall) would allow him more flexibility than being crushed under the payments on a larger debt.

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