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Small business owners, what kind of business do you run?

Posted on 7/7/15 at 5:59 pm
Posted by Stonehog
Platinum Rewards Club
Member since Aug 2011
33437 posts
Posted on 7/7/15 at 5:59 pm
I've been getting so much freelance videography work lately that I'm thinking of starting my own production company. Just looking for some advice and discussion from the small business owners of the Rant.
Posted by Agforlife
Somewhere in the Brazos Valley
Member since Nov 2012
20102 posts
Posted on 7/7/15 at 6:31 pm to
The first one is free, that's all I got.
Posted by BallstotheWesleyWall
Swagosphere
Member since Jan 2014
9364 posts
Posted on 7/7/15 at 6:39 pm to
I run a small laboratory of sorts out of my basement.
Posted by texag7
College Station
Member since Apr 2014
37657 posts
Posted on 7/7/15 at 7:46 pm to
When I graduate I am starting the first saffron farm in the United States. I am working on a website right now and copyright stuff. I hope to sell it off in 6-7 years and use the profits to buy real estate and maybe build a restaurant in CS across from Kyle Field
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
119960 posts
Posted on 7/7/15 at 8:06 pm to
Liberals don't know how to run businesses.
Posted by HempHead
Big Sky Country
Member since Mar 2011
55536 posts
Posted on 7/7/15 at 8:25 pm to
I own a CSA farm. I sell shares of my harvest in exchange for an upfront fee, wherein someone gets ~22 weeks of produce for 50 dollars a week.
Posted by CockInYourEar
Charlotte
Member since Sep 2012
22458 posts
Posted on 7/7/15 at 8:55 pm to
1. Look into the SBA.gov. A lot of govt services purchase video/audio production services. Get a Sam# and see if you are qualified for any certifications, like woman owned, minority owned, vet owned, HUBzone, etc... that could help you win or subcontract on bids. After that, or during it if you need help filling out the paperwork, get one of the sites like winbidspro.com, to help you search open bids for production work.

2. Sales and Marketing aren't the same thing. Come up with a plan to market, and there are companies out there who can even help you target market in social media and professional associations.

3. Think about depreciation before buying most of that production equipment. It's often better to lease it, than it is to own, store, insure, upgrade, replace it.



This post was edited on 7/8/15 at 7:04 am
Posted by CatFan81
Decatur, GA
Member since May 2009
47188 posts
Posted on 7/7/15 at 9:59 pm to
Freelance photography?
Posted by CtotheVrzrbck
WeWaCo
Member since Dec 2007
37538 posts
Posted on 7/7/15 at 10:04 pm to
Dude do you know how many times I've stopped myself from emailing you to help me put together a kickstarter video and do video companions to articles and other like stuff.
Posted by ArHog
Muss is a coward
Member since Jan 2008
33340 posts
Posted on 7/7/15 at 11:27 pm to
NWA Home Remodeling Biz

Posted by JacketFan77
Tiger, GA
Member since Nov 2012
2554 posts
Posted on 7/8/15 at 6:50 am to
Branding and Design firm, focus on small business.
Posted by crispyUGA
Upstate SC
Member since Feb 2011
15924 posts
Posted on 7/8/15 at 8:28 am to
I own the minority stake in a fencing company. The majority owner is looking to retire in 3-4 years, at which point I'll own it outright.

Be prepared to work a lot of hours if you want to be successful. I got in about 6 months ago and it's made me question my sanity, but it's worth it at the end of most days.
This post was edited on 7/8/15 at 8:50 am
Posted by mizzoukills
Member since Aug 2011
40686 posts
Posted on 7/8/15 at 3:02 pm to
So, Stonehog is this guy:





Makes sense now.
Posted by finestfirst79
Vicksburg, Mississippi
Member since Nov 2012
11646 posts
Posted on 7/8/15 at 3:11 pm to
Online software sales as a moonlighting job, so I'm not sure I have any advice that would be helpful for what you're doing other than pretty basic stuff:

Get an LLC to protect your personal property from lawsuits. LegalZoom will set you up for (when I did it) $65.

If you work alone and do any sort of online payments, get a 3rd party payment processor to handle it. Far less headaches and you don't have to worry about fraud protection, etc.
Posted by NYCAuburn
TD Platinum Membership/SECr Sheriff
Member since Feb 2011
57002 posts
Posted on 7/8/15 at 3:25 pm to
quote:

Stonehog
quote:

Just looking for some advice and discussion from the small business owners of the Rant.


When you enter into an agreement with someone, verbal or written. fulfill your end of the agreement

I am currently the only one in my family that doesnt own their own business, hell even my wife has her own business. I however did start and sell a successful landscape business in middle school/high school. paid for a truck, jet ski and good chunk of college expenditures. I will have my own business in the next few years, I am in the process right now
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