hs i told u in my pre ? i am also planning to quit the job and settle with my own small business?

Question

tel me the best and gud idea. (not big business. its a small)

Answer 1

First you need a Business Plan. The plan starts with a Vision Statement i.e. You must know what you want. Putting it on paper helps clarity. You then do a SWOT. It stands for Strengths, Weaknesses, Opportunities & Threats. SW are internal this helps you to concentrate on your natural gifts and talents. The surest way to failure is doing someones best and good idea but not having the talent or passion to see it through. The OT are the external environment e.g. the country and macro issues e.g. Australia has low population and rich resources. Good ideas requiring high labour costs tend to have difficulty unless complimented with good marketing ideas. Small business need good cash flow from the very beginning. You cannot afford too many false starts.

Answer 2

The Secrets of Million Dollar Home Based Business Opportunities
By: Daegan Smith
Here is an article that can help you learn what it takes to start your own business. You can use this web site to learn more about business and finance.

Answer 3

wat small, first u would have told ur budget.