2006-06-29 06:01:51 · 10 answers · asked by Sunshine 3 in Business & Finance ➔ Small Business
I dont mind investing a little but not much ex. you would need a lot of money to open a clothing store...
2006-06-29 07:21:02 · update #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. See the source box for some relevant links.
Research, research, research – this cannot be stressed enough. Read as much as you can about the industry. Here are some book titles that are relevant:
* Start and Run a Profitable Retail Business by Jim Dion, Ted Topping
* Retail Business Kit for Dummies by Rick Segel
* Specialty Shop Retailing: How to Run Your Own Store Revised by Carol L. Schroeder
* So You Want To Own The Store: Secrets to Running a Successful Retail Operation by Mort Brown
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!
2006-06-29 07:56:23 · answer #1 · answered by TM Express™ 7 · 0⤊ 0⤋
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2006-06-29 17:36:09 · answer #2 · answered by heaven 3 · 0⤊ 0⤋
The best thing to do is to get an investor. You would give him about 20 to 35 percent of your business for the money you'd need to open the store. The other good thing about having an investor is that you would not be liable for any loss of money, the investor would half to take responsibility for the loss.
2006-06-29 18:36:30 · answer #3 · answered by lucy_dog 1 · 0⤊ 0⤋
A retail store takes a lot of capital to get it off the ground. You might want to contact the Small Business Administration to find out if there are any loans available to you.
2006-07-11 12:02:12 · answer #4 · answered by Anonymous · 0⤊ 0⤋
There is no such thing as not much competition in the business world.Start a business on ebayfirst.Gain experience and gradually open your own store.
2006-07-12 08:34:34 · answer #5 · answered by sox_rchrd 3 · 0⤊ 0⤋
Why dont you look into doing something like what I'm doing go and check it out. It's a low investment .
2006-07-11 02:50:46 · answer #6 · answered by liontiver1992 2 · 0⤊ 0⤋
IT will alsos cost more than you think, and if you dont have enought, it may fail
2006-07-11 12:01:20 · answer #7 · answered by Anonymous · 0⤊ 0⤋
find a partner to help you that way all the responsabilaty is shared
2006-07-09 15:51:12 · answer #8 · answered by Anonymous · 0⤊ 0⤋
Read this article.
2006-06-29 13:05:03 · answer #9 · answered by Anonymous · 0⤊ 0⤋
if you want no competition then do something original
2006-06-29 13:05:05 · answer #10 · answered by mikee 1 · 0⤊ 0⤋