Is it hard to open up your own bussiness like a gym or a fancy hotel? That's what I really would love to do.

Answer 1

The best routes to take are to research the process of starting a business as well as the industry you're interested in.

I recommend checking out the SBA, Entrepreneur, The Start Up Journal & Nolo. All 4 are great informational resources for the new/small business owner. I posted links for you in the source box.

Associations may be a good avenue to explore as well. These organizations will address many of the thoughts, questions and concerns you'll inevitably have as well as many you haven't anticipated yet. Type "(your industry) associations" into any search engine & sites will pop up.

Research, research, research – this cannot be stressed enough. Read as much as you can. Here are some book titles that are relevant:

* How to Really Start Your Own Business, Fourth Edition by David E. Gumpert
* How to Really Create a Successful Business Plan: Step-by-Step Guide by David E. Gumpert
* What No One Ever Tells You about Starting Your Own Business: Real-Life Start-Up Advice from 101 Successful Entrepreneurs (What No One Ever Tells You About Starting Your Own Business) by Jan Norman
* Business Start-Up Kit by Steven D. Strauss
* Start Your Own Business (Entrepreneur Magazine's Start Up) by Rieva Lesonsky

There are plenty of free informational resources out there. Check the source box for links to articles.

Hope that helps! I wish you much success & happiness in all your ventures!

Answer 2

Starting a small business takes a lot of courage. But, as they say, courage does not pay the bills. To be successful – to stay in business – you need more than courage. You need a combination of hard work, skill, perseverance, and lots of luck.

Some things you need to consider:
- "How can I support my family while I build up by business?"
- "What are my abilities?"
- "Is there a market for the product or service I have chosen?"
- "How long will it take this business to reach the financial goal I have?"

You may want to read the article "How to Start a New Business Successfully" http://www.powerhomebiz.com/vol51/launch.htm , which lists six steps to launch a new business successfully:

1. Provide a benefit.
2. Determine the fit with your market.
3. Right timing is everything
4. Be ready to support your business
5. Develop a blueprint for success
6. Market, market, market

Other articles that may be helpful to you as you decide to embark on the road to entrepreneurship:

10 Things You Need to Know When Starting Your Own Home Business http://www.powerhomebiz.com/052006/startingbiz.htm
Evaluating Your Business Ideas and Products http://www.powerhomebiz.com/vol13/evaluateideas.htm
Common Mistakes in Choosing a Business http://www.powerhomebiz.com/vol14/common.htm

I recommend that you read the following books:

- What No One Ever Tells You About Starting Your Own Business : Real Life Start-Up Advice from 101 Successful Entrepreneurs
- Starting From Scratch: How To Start A Business When You Don't Have Money
- If You're Clueless About Starting Your Own Business and Want to Know More
- On the Move : How to Succeed and Survive As an Entrepreneur
- How to Make 1000 Mistakes in Business and Still Succeed

You need to first decide what you want to do. You already have some ideas, but you need to decide which one to pursue. Research your options, check which ones would fit your resources and what you think would have the best demand.

For starting a gym, check out these books:

Gym Biz: Starting and Running Your Own Gym for Profit (Paperback) by Lou Ravelle
Small Club Start-up : A Personal Trainer's Guide by Ron Fay
The Business of Fitness: Understanding the Financial Side of Owning a Fitness Business by Thomas Plummer
Making Money in the Fitness Business by Thomas Plummer
How To Buy and Manage a Fitness Club: A Guide to Success and Profit by Edward August Braun
Health Fitness Management: A Comprehensive Resource for Managing and Operating Programs and Facilities by William C. Grantham

In starting a hotel, read the following books:

How to Start and Manage a Hotel: Step by Step Guide to Starting and Managing Your Own Business (Paperback)
by Jerre G. Lewis, Leslie D. Renn

You can also check out the resources of industry associations

International Health, Racquet and Sportsclub Association http://cms.ihrsa.org/IHRSA/viewPage.cfm?pageId=1826
National Gym Association http://www.nationalgym.com/nga/index.php
Association of Hydraulic Fitness Centers http://www.hydrauliccircuitzone.com/
Comprehensive listing of hotel associations http://www.ehotelier.com/browse/associations.php