BUSINESS

Everything we hear is an opinion, not a fact. Everything we see is perspective, not the truth.

Marcus Aurelis
Q & A | Marquez Comelab | 19 Oct 15 | Update: 25 Mar 16 | Full View
As far as I know in Australia, a disabled person can start a business similarly to any able-bodied person. Unless the disability affects someone's mental and reasoning capacity, s/he is free to register  business name, Australian business number, register with the tax office for GST,  etc... And operate a business.  Please note I'm not a lawyer nor an accountant. I just studied business and commercial law years ago so I don't know if there's been any changes. Although i haven't come across legal obstacles relating to a person with disability legally starting a business.
Q & A | Marquez Comelab | 17 Oct 15 | Update: 25 Mar 16 | Full View
I suppose it depends on the business. However, I don't necessarily think so. If you happen to have a family who feels the same way you do about the same business them that's great, you should do business with them. The reality for most families though is that they are not really passionate about the same things.  A business deserves to have the right people for the right jobs and family members ought to be free to choose any organisation to maximise their potential. Because of these, I don't think businesses should be familial. 
Q & A | Marquez Comelab | 14 Oct 15 | Update: 25 Mar 16 | Full View
Important sections for a business plan? I would say...1. Research and Marketing Strategy You present your case about the opportunity available and why you, your team and your business are going to be best positioned to take advantage of this opportunity. Do a SWOT (Strengths, Weakness, Opportunities, Threats) Analysis. 2. Operations, Business Model, Law and Regulation
Q & A | Marquez Comelab | 14 Oct 15 | Update: 25 Mar 16 | Full View
In my opinion, I would have to say the Forex spot market due to minimum barrier to entry, minimum transaction costs (especially if you're dealing with brokers who allow minimal trade size and thus), no one holds an 'insider' advantage (at least for the long term) and everybody is relatively evenly matched terms of access to information, and anybody can avail themselves to any type of strategy big or small. Overall, it is an efficient market.
Q & A | Marquez Comelab | 14 Oct 15 | Update: 25 Mar 16 | Full View
A good Business Plan ought to show people, potential investors, officers and partners, that there is a market for the specific business  the plan is about.  A good business plan ought to summarise and highlight the conclusion of whatever research was conducted to convince everyone considering to get involved that it is worth their time. Further, it ought to outline how indeed it will ensure that there is a market for it's products and services.  These questions ought to have been answered in the business plan. If not, then you don't yet have a Business Plan.
Q & A | Marquez Comelab | 27 Sep 15 | Update: 25 Mar 16 | Full View
When Shareholders invest their money,  they invest in your company, not you. They would want that investment to succeed,  with or without you. If they think you're no longer the right man for the job, that's fair enough, right? All you can do is to continue proving that you are the right man for the job. 
Q & A | Marquez Comelab | 19 Sep 15 | Update: 25 Mar 16 | Full View
Yes you're right, the answer depends on the idea. However, we can make certain assumptions. Let's say, we need to build a product or a service.  I think the steps then are: 1. Create/Develop the product or Service 2. Sell it.  These are two seemingly simple steps, but to accomplish them require you to think, do and have what you need to make an idea happen. 
Q & A | Marquez Comelab | 14 Sep 15 | Update: 25 Mar 16 | Full View
Just broadly, if you are to create a website, these are the steps: Step 1: Answer these questions 1. Know what type of website is it? How does it make money? 2. What features does it need?  3. What will the user experience and information flow be like?  4. Who is your target market / audience?  5. How are you different to your competitors? What are you offering your audience?  Step 3: Design your website based on your branding and identity like your logo, corporate colours, fonts, etc Step 4: Develop your website
Q & A | Marquez Comelab | 12 Sep 15 | Update: 25 Mar 16 | Full View
You will need hosting, domain and Web Development costs. Hosting for small sites can be anywhere from $10 to $20 per month. This should provide you with unlimited professional email addresses within your domain name as well. Domain could be around $10 - $15 a year. Development is the one that's got a lot of variation which I will discuss below.  
Q & A | Marquez Comelab | 06 Sep 15 | Update: 25 Mar 16 | Full View
When I was starting businesses when I was in my 20s, I expected results quickly. I expected to work hard on something for a year and I would see super results.  But it depends on your business. Is it a new idea? Do you need to educate customers still or are they familiar with your type of products or services? If yes, you need time.  If no, you need to negotiate better distribution terms  and acquisition costs from your suppliers to compete with your more established competition, etc
Q & A | Marquez Comelab | 06 Sep 15 | Update: 25 Mar 16 | Full View
If you're planning to do this as a serious business, then I would advise against trying to do it yourself. Many people who try to do it themselves end up with websites that like a "do-it-yourself" website. Web design and Web development can get very involved if you want to achieve a professional look as well as function properly. Many potential customers and visitors, having used many websites, base their feelings of a business' credibility on your website. 
Q & A | Marquez Comelab | 06 Sep 15 | Update: 25 Mar 16 | Full View
You're asking how to monetise a website. The answer depends on what your website is  and a few more factors.  In general however, you can monetise a website by either: sell a product or service,  create a membership site where people pay to be a member and the other major way is to attract advertisers to advertise with you.  If you don't have advertisers,  Google and Yahoo offer to share their advertisers with you for a share of the profits.  Contact me if you need assistance to set these up.
Q & A | Marquez Comelab | 01 Sep 15 | Update: 25 Mar 16 | Full View
I'm not sure if you're asking because you've tried and it failed or whether you're asking to see if it's a good idea.  If it's the latter, then it might be a good idea and it might work. But the question in business is who will continue to pay for these meals? Will it be the patients, will it be the relatives or will it be the taxpayer,  or another group? Then once that's answered,  the next question would be: is there enough incentive there to continue paying for it?
Q & A | Marquez Comelab | 31 Aug 15 | Update: 25 Mar 16 | Full View
Microsoft's Bill Gates and Warren Buffett are Atheists. They also donated billions of their wealth to charity.
Q & A | Marquez Comelab | 30 Aug 15 | Update: 25 Mar 16 | Full View
To be an economic powerhouse, you need to set up a lot of things as a nation to ensure that you are trustworthy and assure investors that you have institutions and laws that ensure fairness and legal protection and respect for their property. 
Q & A | Marquez Comelab | 29 Aug 15 | Update: 25 Mar 16 | Full View
My answer on the 29th of August 2015: If you are serious about blogging, do it on Wordpress. I would recommend it running on your own domain name and on a hosting account you control. Reasons: you can customise its features, you have control over it, you're investing in your URL for the long term. My answer today, 13th March 2016:
Q & A | Marquez Comelab | 29 Aug 15 | Update: 25 Mar 16 | Full View
Generally, I disagree with bail outs because it works against benefits of having a free market and free competition. We got to where we are because people who were in  positions of power and influence allowed or made the conditions which caused these calamities,  to remain in power and influence. They might have done so intentionally with honest motives or for private gain,  or unintentionally through incompetence or stupidity. 
Q & A | Marquez Comelab | 29 Aug 15 | Update: 25 Mar 16 | Full View
I haven't come across Incorporation laws that requires a company to use the CXO labels, so no, you do not need to have a CEO. 
Q & A | Marquez Comelab | 29 Aug 15 | Update: 25 Mar 16 | Full View
In essence, allowing the IRS to take a huge chunk of one's money, in return for being able to use big boy words and "legal" documents, and business liability that may never be exercised.
Q & A | Marquez Comelab | 28 Aug 15 | Update: 25 Mar 16 | Full View
In short, "No, you don't need to be a specialist to start a business". But you have to be competent or you have something to offer to your customers, partners, employers or investors that would make them want to do business with you.