I'm interested in starting my own business?

Question

and I would like to know what are the risk factors for starting my own business.

I would like to start an organization maybe a child care agency

Answer 1

Consider a home based business. All the benefits of a big business with little or no risk involved. check out www.marketamerica.com/americhoice (americhoice) It's so good even Jennifer lopez and mark anthony, ashanti and other celebrities are in on it. you can email them at [e-mail]

Answer 2

A few years ago I started my home based business. The risk were minimal due to it being a home based business. The morgage was something that was going to come around every month as well as utilities, phone, ect...
I work a night time job and paid the bills and ran my small business from my home. Which took alot of effort as well as organization on my part. Since I am a Wife, Mother, Grandmother and now a business woman.
I started with free websites from Yahoo. Bought my domain name for the first year for $1.99. I cleared my desk and clean my pc. I made my self an office. Designated a phone for nothing but business. The only risk I think was not knowing what I know now.
I have since recieved a small business award. After about 6 months I no longer work a second job. The rewards far out weigh the risk. So good luck to you and God Bless!

Answer 3

Did you know, that the average start-up cost for a business in the United States is between $12,000 and $90,000 and it takes approx. three years to make a profit? There are not many people to have that kind of money to invest in a business and certainly no one wants to work three years before making a profit. The most economical type of business nowadays is a home based business in health and anti aging. It is all about timing and being in the right place at the right time. Knowing about an amazing product before millions of others gives you a huge advantage. With your own home based business you can earn an unlimited income right away.

Answer 4

Good for you! Secure as much start-up capital as you can. You'll need it. The risks are great but not insurmountable. In the beginning you will probably have to put in long hours, though, and there will be plenty of sleepless nights. Not to mention the stress factor. Frame your first $100 profit. Also, keep up on the trade journals and attend seminars. I am so happy for you. I smell a millionaire in the making!

Answer 5

Hi – I sell on eBay. It works for me. I profit about $3,500 a month and only work about 6 hours a day, from home, on the schedule I choose.

You can start off selling things you already have and see how you like it. Not much risk involved, only a few dollars for the listing fees. Once you start making money, you can invest it back into more inventory to sell. I have a wide variety of sources for inventory - CHEAP.

Please email me directly and I will be glad to share some tips on getting started.

[e-mail]

Hope to hear from you!

Answer 6

If you are able to start your business with little or no money, then there is no risk.

Most people thought that starting a business requires huge amount of capital, that is not true. The ability to think out of the box allows you to start a business with little or no money.

I started my business with $20. There are many creative ways to do it. Throw away what you learn in school or seen from TV, ask yourself, "How can I do it with little or no money?"

Answer 7

I recently joined Global Network Forum. It has good links to earn money using internet, check it out. It's a new forum and has lot to offer. I think you should try. Also check the media section for a list of more then 150+ free channels source and movies. There link is

http://www.gnetforum.com/smf/index.

Answer 8

In a business everything is risky so go into it with your eyes open and be prepared not to make anything the first few months.