Currently i m working in a software company. i dont want to work for anyone. I want to start my own bussiness. i dont know from where to start. Please advice me on this.
2006-07-11 08:55:05 · 13 answers · asked by ....... 1 in Business & Finance ➔ Small Business
There are a myriad of opportuities that you could get involved in. You can buy a franchise as some of the people have suggested. Or you can start from scratch. Another alternative that would provide more freedom would be for you to invest in other businesses and just sit back and receive the return from the investment. This is called being and Angel Investor.
I have a business that I am growing that is a personal financial planning business that will focus on the low-to-moderate income demographic. The services that I provide credit mangement, budgeting, wealth building, and tax preparation. I have effectively created a one stop shop of financial services for this demographic. The reason that I chose this demographic is because they are the most underserved but, by 2010 they will have $2.75 trillion in spending power. To jumpstart the business I have purchased a tax preparation franchise. The reason that I chose this route is because the infrastructure is already in place. As customers come in to take advantage of the tax services that I will provide, they will become a part of my database of potential clients to market the other services to.
That is a brief overview. You can contact me and I will send you a copy of my business plan and pro-forma statements. Check out the link below.
2006-07-11 17:02:55 · answer #1 · answered by Drizze 1 · 0⤊ 0⤋
Think of all your interests & ask yourself if any of those could be expanded into a business. Just keep in mind...what's your expertise? What are your interests? What could you imagine yourself doing?
By researching the prospect of starting your own business -- what it entails, what you need to know, helpful hints, etc -- you'll feel better prepared to take that plunge.
I found some book titles that are relevant to your specific question:
* 101 Internet Businesses You Can Start from Home by Susan Sweeney
* The Best Home Businesses for the 21st Century by Paul Edwards
* Selling Online: How to Become a Successful E-Commerce Merchant by Jim Carroll
* I Could Do Anything If I Only Knew What It Was: How to Discover What You Really Want and How to Get It by Barbara Sher
* I Don't Know What I Want, But I Know It's Not This: A Step-by-Step Guide to Finding Gratifying Work by Julie Jansen
* The Best Internet Businesses You Can Start by Marian Betancourt
* The Shoestring Entrepreneur's Guide to Internet Start-Ups by Robert Spiegel
* Making a Living Without a Job : Winning Ways For Creating Work That You Love by Barbara Winter
I also posted some article links in the source box.
Hope that helps! I wish you much success & happiness in all your ventures!
2006-07-11 09:08:33 · answer #2 · answered by TM Express™ 7 · 0⤊ 0⤋
HI my name is Cynthia Toney, I think I can help you, if I could show you a business opportunity, that's based on excellent products, can be run from home, there's no inventory, no selling, no billing , start up is 29.00, this get you your own company web sight, training like no other and its done on the computer . Training is live, visual presentations , and you also have a personal mentor that there for you through your training and even after, we are never left on our own , there's on line and on the phone help at any time no matter where you live someones always happy to help you succeed. If this sounds like something you are interested in, we need to set up a time for you to hear the presentation, I have several times and dates available at your convenience there's alway a presentation going on 3-4 or more times a day ,everyday, So send a email with a phone number and we will show you a wonderful opportunity were you can make alot of money, This is you own business and you work it as much as you want depending on how much money you want to make , and this is a residual income,no scam. Look forward to hearing from you.
2006-07-11 14:51:21 · answer #3 · answered by purpleaura1 6 · 0⤊ 0⤋
It all depends on how much money u would like to invest... If you want to be your own boss, then you should never get into anything that you dont know much about... Pick out what kind of business would interest you, try to work in that field for a little bit and get some experience....
You can also invest in stocks... There are brokers who would guide you all the way, but for a good fee ofcourse... good luck.
2006-07-11 09:04:07 · answer #4 · answered by shamruq 3 · 0⤊ 0⤋
buy a pre-existing business, one that is local, doing well but that you see opportunity in. And dont rush it, having your own business is stress late hours and lots of headaches, but if it is something you believe in it will do well. By the way something like 70% of all new business fails in the first year, that is why if you want your own business and have no idea what you want then buying a pre-existing one and making it better seems like a good idea. Its what we did and so far things are going well.
2006-07-11 09:17:49 · answer #5 · answered by cjones 4 · 0⤊ 0⤋
You might consider a franchise of some type - take a look at some of the franchising websites to get an idea of what is out there, cost of entry, etc.
One of the biggest advantages of the franchise system is that they can take people that have been successful in one area (software), and provide the tools and processes to help them succeed in another area.
2006-07-11 10:35:37 · answer #6 · answered by weirina85 3 · 0⤊ 0⤋
You can consider China, a fast developing country with vast human population every where. And moreover, setting-up and operations cost are low due to it's cheap rental and low labour cost.There are many potential business opportunities to explore in China. Take a short holiday to china for a survey and see it for yourself. (English Launguage School is the hottest market now)
Wish you Good Luck.
2006-07-12 01:39:22 · answer #7 · answered by desserts_bar 1 · 0⤊ 0⤋
you could put an ad in the newspaper "wishing to invest in serious bussiness deal"
go into places u like and check it out..either ask if they need a partner or start your own place in another town
check online
buy a franchise..fast food ?
2006-07-11 09:13:27 · answer #8 · answered by lindaann_56 3 · 0⤊ 0⤋
Invest your money into something with a probable bigger return, oil stocks aren't doing so bad.
If you are bent on being in a business, you gotta figure that out for yourself.
2006-07-11 08:59:05 · answer #9 · answered by csucdartgirl 7 · 0⤊ 0⤋
ok, keep in the business of the software.
but, if your company allows it, branch out and when you see the numbers then really go and leave your company.
or maybe you would like to invest in real estate in a country.
send me a note.
hope it helps.
2006-07-11 09:00:04 · answer #10 · answered by panama54 4 · 0⤊ 0⤋