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Session 14 International Trade

Question:
“Are there any particular resources for information on international trade you would recommend to a start-up entrepreneur?”

Ming Friedman
Linen Pro Designs, Inc.
www.linenpro.com

Topics covered in this video:
Small business, international trade, internet resources, import, export

Transcript:
I would like to recommend two. One is the Center for International Trade Development. This is a state funded agency in California. It has 22 offices in California and offers classes on import and export. Their website is www.citd.com. The other one is for export only: the U.S. Department of Commerce. Their export division has a lot of offices in California. It offers classes on export depending on the industry. They also have a list of different trade ociations. Their website is www.commerce.gov

Duration : 0:1:3

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Session 10 E-Commerce Business

Question:
“Why is the internet so important to business?”

Eddy Chavey
Independent Web Designer

Topics covered in this video:
Internet business, e-commerce, web presence, advertising

Transcript:
The internet is extremely important to my business because it is my business. I own and operate www.mrbreakfast.com. The internet is our modern business card. I would say to anybody who is doing a business not web based that you still need an Internet presence. It’s now the first thing that people see about your business and it’s the major source where people go to find out if they need you and to learn about the service that you provide. So you can’t cut costs when it comes to showing people who you are, what you do. You’ve got to have a good-looking presence that represents what you do. You need to be on the Internet regardless.

Mr.breakfast.com started out more or less as a hobby/fascination with breakfast. We created the website and I got lucky. People liked the look of the site and thought we did a good job with it. So I was able to get business from other people so that now my major income comes from building sites for other people. And I would say that another reason that the Internet is extremely important is advertising your business. It’s a perfect place to start word of mouth.

Duration : 0:1:27

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Session 8 Accounting and Cash Flow

Question:
“If someone doesn’t know anything about accounting, how would you suggest they go about learning it?”

Stan Henslee
Certified Public Accountant (C.P.A.)

Topics covered in this video:
Learning business accounting, community college, adult education, software

Transcript:
I would go to one of the community colleges, a regional occupational program or an Adult Ed class. I would just take the first semester of accounting which will give a good foundation and the mechanics of the double entry bookkeeping system. It will give you an understanding of the relationship of the accounts which I think would prepare you then for any of the commercial software programs such as QuickBooks or Peachtree and you’d have a pretty good understanding of what those programs are trying to accomplish. It may be in your area that some of the high schools offer an Adult Ed program that you could look into.

Duration : 0:1:7

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http://www.letsgotroy.com
Troy Management your key to financial stability

Yannick van den Bos
Skype: yanvdb
email: info@letsgotroy.com
The Netherlands

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Duration : 0:1:24

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