Admin tasks is a pretty wide bucket. What in particular are you looking to help with? HR, bookkeeping, IT backups.

I would waste time talking to you unless I thought you could help with my specific problems

There might be cases where it matters like “bookings.com” where it’s the actual brand name or if your a local service provider and need a local sounding domain but for the most part it couldn’t matter less.

No, it’s a fairly saturated market with terrible leverage.

I started my company before I had kids. Couldn’t imagine doing it now. The early years just take too much time.

There is always a smaller niche that the bigger companies aren’t interested in filling. Apple won’t paint a Pokémon and my name on my new iPhone but there’s a guy at the markets who will.

In service industries the pricing will be fairly commoditised so the margin will have to come from the price of acquisition. If you can get orders for less than what the actual service providers would pay to get them you can profit from the difference.

It costs my company about £25 to acquire a customer so if someone knew how to do it for £10 the could easily charge me £20 and pocket the difference.

The other option is to buy the service in bulk at a lower price and try to then effectively resell them individually at a higher price.

I would happily give you a 10% discount if you were willing to buy 20% of my capacity for the next 12 months. If you then are able to resell all of that for full price you would pocket the difference.

Work hard at school, get a good degree in something like law or business, get a good job, work hard and advance by applying for better paid jobs every 3 years or so.

Starting a company is statistically a very bad way to get rich.

Do you subscribe to the Agile development methodologies? If not, don’t use Agile in your name as it will create expectations.

I wouldn’t call myself Lean Consulting if I was a specialist in large batch manufacturing.

I think your name should give an idea of your core competencies. What sort of IT services do you specialise in?

The problem isn’t your marketing, it’s just that you’re selling a solution to a problem that people might not think they have. Which is always hard.

If cat owners regularly put a screen up for their cats then this would be a great way to do it but I’m not sure many do.

I think it’s a tough sell but if you do want to continue you need to convince people of the benefits of a cat watching a screen first.

Starting a business is a good way for already successful people to leverage their skills and capital to create greater returns on both. It’s not something that will help you if you’re struggling.

Even most successful companies lose money for the first year. Can you afford that? You could have a great business but have to close down before you hit profitability because you’ve run out of cash.

I actually think remote working will make workers less competitive. If companies are force to adapt to full remote working then there’s no reason from them to pick expensive first world staff when there are just as talented people working in India or China.

I run an events company so most of my staff are physically required either onsite or in our warehouse. It’s really only the admin and management staff who could work remotely.

I think it would be terrible for my company’s culture to require the people, who physically do the work, to come in while the managers all sit at home.

Leadership should be from the front.

It’s a pretty small investment, just give it a try.

As long as it’s legal to buy and sell these items where you are and you don’t lie to or mislead the pawnshops you should be fine.

They’re coming to you because they want you to solve a problem for them. If the lower quality product solves the problem as well as the higher quality product, why should the care if the product is higher quality?

I need a nail that can hold a 10kg picture. One that can hold a 30kg picture is of higher quality but does do a better job of holding up my 7kg picture.

Customers care able value not quality. A higher quality product doesn’t always create more value

It’s impossible to say if this is a good idea based on the information provided.

It helps to remember that you’re not doing anyone a favour keeping them in a role they’re not suited for. The sooner they leave the sooner they can find the right role for them to grow and thrive in.

Mindset coaches. I’m genuinely shocked how many of them there are out there.

You need to think of it over a longer time frame. It’s all work for the first couple of years and the allows you to have a lot more “life” once the company is established and you can afford to hire managers.

I think it took about 3 months. It’s in a service industry that I’d worked in for a 5 years so it knew what I needed to do from day one.

Two pieces of advice.

Only start a business in an industry that you know really well, most people don’t have enough capital to be able to afford to “ learn as you go”.

Be prepared to spend money on marketing. Even 7 years in I still invest at least 1/3 of my gross profits back into advertising.

“The business of a bakery is selling bread not making it” if you don’t know how to sell your product or service it doesn’t matter how great it is.

r/smallbusiness is a lot closer to what you’re looking for.

I think this sub is more a discussion of the “idea” of entrepreneurship than a place to discuss the challenges of running a company.