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By Arun Misra
Arun is a realtor
and financial planner
in Atlanta.
misrausa@yahoo.com,
www.arunmisra.com
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It
gradually dawned upon me that ‘vayapare vasati laksmi’, the
Sanskrit saying I used to hear in India, so often, is
so
much obvious and enjoyable
in the USA.
Being a business owner is so very rewarding in the United
States, compared to most other places in the world
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Introduction|
Franchises | Credit |Banking | Motel | Sandwich Shop | |
It gradually dawned upon me that
Introduction
It gradually dawned upon me that ‘vayapare vasati laksmi’, the
Sanskrit saying I used to hear in India, so often, is so much obvious
and enjoyable in the USA. After teaching in colleges for over two
decades, I became an entrepreneur and self-employed by default in my
early forties. I have been selling insurance, investments and
securities, real estate, mortgage and loans for over two decades now and
have come into contact with numerous kinds of businesses. I have helped
people get established in businesses and enjoyed seeing many of them
flourish. I have also
seen them languishing in their efforts, many times due to circumstances
beyond their control , and
occasionally because the business owners did not plan properly and/or
executed things incorrectly.
We are attempting to provide information for people who wish to start
their own businesses, become self-employed, business-owner, and
entrepreneur, even grow it further. We are planning to publish a series
of articles, in a shorter format in print, but with further details on
the web, in this regard. Being a business owner is so very rewarding in
the United States, compared to most other places in the world. The
realities of glass ceiling in the corporate world, and termination of
middle-managers and people in their late forties and early fifties,
makes it further attractive to have ones own business to run and make it
available to the next generation. We will attempt to describe both kind
of businesses where you sell some stuff, like clothes, food and other
materials of daily use, as well as those related to service industries
like handyman, insurance and real estate sales.
We will try to answer questions Like : How much will it cost me, What
kind of down payment
do I need, where do I go for financing, Where can I find listing of
businesses available for sale, Whom do I contact for legal formalities
to acquire the business, what kind of ROI, return on
investment, can I expect etc. We will encourage readers, potential and
existing business owners to
submit further questions and get them answered by experts in the field.
We will also try to discuss specific kinds of businesses like : Gas
stations and convenience stores, Hotels and motels, Restaurants,
Sandwich shops, Grocery stores, Dry cleaners, Liquor stores, popular
franchises,
Selling merchandise through shows, Computer software and staffing, Real
estate, Insurance, Mortgage, Photography and event coordination,
Spiritual and religious needs, health and fitness etc
Plenty of information is available on Google and Wikipedia. But
information is not power, while
Knowledge is. Knowledge coupled with experience translates into wisdom,
which we wish to convey through this endeavor. |
| May 15th, 2008 |
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