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Honey Brown Hope Foundation Rakes in National, State and Local Recognition

Honey Brown Hope Foundation Rakes in National, State and Local Recognition

Honey Brown Hope Foundation

Houston, TX — The Honey Brown Hope Foundation, a nationally recognized, award-winning 501(c)3 non-profit that has served youth and their families for over two decades, announced today that it is thankful this holiday season for recently being recognized for its civil rights

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Community Empowerment: Black Chambers of Commerce Where Is My Patronage?

Community Empowerment: Black Chambers of Commerce Where Is My Patronage?

Peter Grear

Educate, organize and mobilize -- Back in September I wrote an article entitled, Voter Suppression: Creating Black Wealth.  The impetus for that article was a commentary written by Earl G. Graves, Sr., Publisher of Black Enterprise. 

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Employees of Small, Locally-Owned Businesses Have More Company Loyalty

Employees of Small, Locally-Owned Businesses Have More Company Loyalty

loyalty to employers

Employees who work at small, locally owned businesses have the highest level of loyalty to their employers — and for rural workers, size and ownership of their company figure even more into their commitment than job satisfaction does

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The Pawns of Politics: Where Is My Patronage?

The Pawns of Politics: Where Is My Patronage?

Peter Grear

Educate, organize and mobilize -- For more than a year leading up to the recently completed General Elections, I’ve written about Voter Suppression, gerrymandering, the Black vote and voters.  

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Verbal Abuse in the Workplace: Are Men or Women Most at Risk?

Verbal Abuse in the Workplace: Are Men or Women Most at Risk?

Abuse in the Workplace

There is no significant difference in the prevalence of verbal abuse in the workplace between men and women, according to a systematic review of the literature conducted by researchers at the Institut universitaire de santé mentale de Montréal

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The Decision to Handle Rejection

The Decision to Handle Rejection

Rev. Manson B. Johnson

The Big Idea: Endurance is the key to achieving challenging goals in life.“Man’s rejection can be God’s direction.  God sometimes uses the rejection of hateful people to move us to a new place or assignment–where we wouldn’t have thought of going on our own.  

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Subscribe to Get GDN Print Edition

Subscribe to Get GDN Print Edition

Print Subscription

 Greater Diversity News (GDN) is a statewide publication with national reach and relevance.  We are a chosen news source for underrepresented and underserved communities in North Carolina.  

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Funding Your Internet Business

Written by Naz Daud on 07 April 2010.

Funding Internet Business, InvestmentsSome people will tell you that you need to invest thousands of pounds in a website. Others will tell you that you then have to spend hundreds of pounds on advertising. And of course there are products and a myriad of other things you need to think about as well.

So what is the magic figure? How much money should you put aside to start off your brand new internet business?

The answer really depends on a number of factors. For starters it depends on what kind of business you are setting up. If you have skills to sell – perhaps you want to make money from writing for example – then you don’t need to worry about investing in stock. You have the skills you need already to create the work once people order it.

It also depends on what you are capable of doing to reduce the costs involved with setting up your own business. For example if you know enough to set up your own website you won’t have to pay someone else to do it for you. It might take you a bit longer but you may see this as a price worth paying , in order to save some actual expenditure to someone else. In addition to this there are some small business services online which offer either a discounted website or a free one to get you started. Microsoft does this with its small business arm.

Time is an important factor in many cases. For example you may well be able to set up your own website on your own. But how long will it take you? If the answer is several months then you may be better off paying someone else if it will get you the website you need in a week or two instead. Just think of all the sales you could make in the time it takes you to complete the same job.

As you can see it isn’t as easy as you might think to figure out how much to invest in your internet business. For example you might want to indulge in some paid advertising such as Google Adwords to help you find new clients and customers. On the other hand you may be happy to use all manner of free advertising methods to help you spread the word about your new business. A lot depends on how fast you want to get results.

This is why many new internet businesses are started alongside a regular job. Not only does this mean there may be some cash available to help pave the way if necessary, it also means there is no time pressure to make money quickly. An internet business built up like this can grow gradually and thus develop into something really worthwhile in the long run.

So you see there is no magic sum of money that will get an internet business off to a flying start. Instead you need to work out what you want to achieve and when you want to get there.