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..
The amount of money you have is not that important but these rules below are. Follow them closely and you will succeed.After years of trying and always wanting to find and grow a successful business, the so called secrets to success are so simple as to be embarrassing when you write them down. Anyway I am way past the stage of being embarrassed so here are my rules for running a successful business.Rule Number 1Is there a market for what you are proposing to sell?Don t listen to friends or family, they will generally agree with you out of politeness. Do some research on the streets, at work, at clubs, social events. In your specific case I would talk to sporting clubs and try to find out where they buy their stuff now?Talk to at least 500 people and more if you can. Don t ask them would they like to see a store or have a store like you suggest. Ask them this one important question?If there was a store, would you be be prepared to buy something?When you have finished this survey, you will know if there really is a market. Please interpret the research honestly and don t pretend to yourself there is a market when none actually exists. For example if they are currently buying say on eBay at cheap prices, how will you compete with that?Be very honest at this stage, it will save you a fortune.Rule Number 2Work out your overheads - ALL of them and don t try cutting corners. Lease of the shop, rates, taxes, lighting, heating, air conditioning, stock, staff, theft, security, your wages,advertising, time spent with suppliers, payment terms with suppliers, travel, expenses, overdrafts, loans, personal equity and there are more.Work them all out and don t compromise because costs NEVER go away.Rule Number 3Simple as this may seem revenue less costs is profit. Revenue in truth is meaningless or as they say revenue for show profit for sanity. It doesn t matter how much you turnover if it doesn t cover your costs. Work out your break even point. It s easy to do.Buy a football top at $30 Sell a football top at $50. You make $20. How many of those do you have to sell to cover your costs of say $0.2m dollars a year? 10,000 is a lot of tops so can you shift 200 of those a week?I know it is more complicated than that but you have to work out what the cost price and the retail price is for your line of products, and then do a forecast as to what sales you think you need to do. That will get you a break even point, and anything over that is profit. If so how much would they be prepared to spend a year on goods like this?Rule Number 4Do a proper business plan which is the most annoying thing in the world to do. In fact it s a pain in the rear but without something written down you won t ever know the truth. In Ireland where I live 3 out of every 4 start up business fails for this very reason. No research, no business plan and no planning.Follow these 4 rules and be honest with yourself. Rule 1 covers the market and the competition, rule 2 deals with the bit no-one really works through in detail. Rule 3 is find your break even point and Rule 4 applies only if you have done everything before it.If you do and things look negative stop it right there and kill the idea stone dead.If on the other hand it looks good, in other words there is a market, there is competition but you can compete, you know and understand your costs, you have your break even point, done a business plan and then done your planning, good luck and really go for it.Best single tip, start with the end in mind!
Yes. Many businesses have a small start-up cost.Use this basic checklist to make sure all the important steps are taken before you launch your new venture. This business checklist will make sure that you cross all your t s and dot all your i s before your business launch. Steps to Starting a Business -http://www.developer-resource.com/starti��Other sites you might find helpful are: SBA - http://www.sba.gov/SCORE - http://www.score.orgSmall Business Resource - http://www.small-business-software.netBusiness Link - http://www.businesslink.gov.uk/bdotg/act��Goodluck!
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Hi I think more case can doing,just depond your idea.maybe trading is or online business it s easy.
ye,there are many biz you can do. For 20k you can import a lot of stuff from China.some good idea contact sawworld1314@gmail.com
