Thursday, January 19, 2012

Who can give me any ideas on starting a business? -

First of all : It depend on many criteria s and things plus the most important thing (LUCK) ..1- What are your experiences ??.. do you have any kind of experience with any kind of job/ careers/ business ?? 2- What is your passion ?? (Yes it is important), at least you will actually love what you will do plus you will learn it and know about it easily and faster ..3- Investment now is a very hard decision.. Recession everywhere.. and alot of business closes and it is a real tough decision to open or start any business now.. Now practically ..4- 15 thousand is huge amount of money for small business .. (Never listen to all those who keep talking big about business and money needed (Most of really big guys started with amount less than that ..)..5- Don t think about anything big.. just think about something with wholesale (Less amount price you invest in ) .. like $1.00 average per piece (yes there is plenty).. 6- and it have to get 200-300% profitability at least .. Idea s ... cell phone accessories, women fashion accessories and jewelleries (I talk about cheap and affordable stuff).. Handbags and purses, sunglasses, etc.... All of those you can get a small kiosk in your mall or a high traffic area .. for less than $1000 rent.. So you still have $14000 left.. and your merchandise shouldn t exceed $5000.. so you will have about $8000-9000 as backup.... i m talking reality.. but first of all you have to think, and study your area/ town/ city as well for those stuff (and other stuff i didn t mention).. My advice go to your mall or the highest traffic area s in your city and start studying the customer s base.. and see for your self.. and never try to take any step now.. all rents now are much high and you will not have enough time to decide what is right for you..Good luck.. and keep it up..Source(s):Life .. degree, and business owner..

thank you for the answer!!! Report Abuse

Hi Ambar,You start with an idea. Pick something you know well, that you think people will pay for. Then find out.Planning is key. In order to plan effectively, you must conduct some research. What do you need to provide your services? Who will you provide them to? Who are you competing against? What makes you better; gives you an edge ? How are you going to reach your prospects/potential clients? Answering these kinds of questions gives you a basis to begin a business plan.You can download my free research outline at www.abusinessmentor.comIt should certainly guide you in the right direction.Good Luck!

Check with your local Small Business Association.(PTAC). They have lots of FREE advice, classes and knowledge to share. They will be able to help you with start-up advice and finding your target market. Good Luck!

think of a business where you think you are fun of. Be sure that you have enough budget for it.

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