How long could it take to establish and steady a small business?

Answer 1

That depends on your location, product, and will! In general I think it takes about 5 years to really get on your feet and become more or less stable. Business is aways a challenge, and you are only as good as your last month!

Answer 2

The 1st months and 1st year are the hardest because of all the money you have to put up to get started, lawyer, rent, corporation and bank accounts. I cannot emphasize advertisement enough. The 1st year you are swamped with bills before the income starts but if you have a business that you can start out of the house at first just to get the ball rolling do that. Name regognition as very important, and repetative ads in the local papers will over time be worth the cost. But this all takes time, good luck.

Answer 3

This is a roll of the dice, there is no way to forecast this. Some small business thrive within the first year, while others are struggling to survive adter a few years in business. It all boils down to clientele. If you have no customers, regardless of how good you and the business are, then you will go under in no time.

Answer 4

Well most businesses fail during the first year. If you can make the business work past the first year, that is a good sign that your business has steadied.

Answer 5

it depends on what you are selling, location and word-of-mouth, yep the last one is very important. a friend of mine has a small business. he's going on his 3rd years and finally this year things are picking up enough to where he actually sees a profit. up until now, it's just been holding it's own. the one thing that has really helped it the word-of-mouth. people come in and are satisfied and go tell someone else and he gets a lot of his customers that way.

so to answer your question..........3-4 years.