What is the best business to start?

Philippines
September 5, 2008 11:51pm CST
I want to start my own business that is with small capital at first but of course it will be sure that it will succeed. But i dont know what to start? What can you suggest my friends?Your opinions and suggestion will be highly appreciated.
3 responses
@egdcltd (12060)
6 Sep 08
"Best" varies from person to person. You first really need to define what you want out of the business. To make money, obviously, but in what quantity? What do you like doing? There's no real point setting up a business just to make money if you hate doing it. You can do the same with much less stress with a job. Think of all the things you'd do for fun, even without pay, and see if any of them can be turned into a viable business idea.
• Philippines
7 Sep 08
Shopping is one of my fun habit. Maybe i can put up a dress store of my own? But that needs big capital. I really wanna have an idea of a business that is less capital at first. Thanks for the comments. You had help a lot.
@egdcltd (12060)
8 Sep 08
There are a number of mystery shopper jobs around. Maybe you could look into that? Also, it would be cheaper and faster to set up a web-based store and work from home than work out of a bricks and mortar address.
• Philippines
8 Sep 08
Thanks egdcld. I will try to figure that out. I've been trying to have a small botique. But that is one for now. Maybe i have to think another options. I know there are a lot if i will just widen my mind on it and observe everything in my surroundings. Maybe one day something that will come out to my mind. Thanks!
• Philippines
8 Sep 08
maybe put a store in ebay! then, create a dropshipping account! that will take u small start!
@egdcltd (12060)
8 Sep 08
Before setting up an ebay store, you're probably best buying and selling a few things there to build up your rep and knowledge. There are quite a few books around that teach you about ebay, including some in the Dummies series. The good thing is many online businesses don't cost much to set up, especially if you're dropshipping.
• Philippines
8 Sep 08
I dont have any idea on how i can do it on ebay. But thanks mate i will try to figure that out too. How much do you think will it cost me? But thanks on this one suggestion of yours. I will add this one to my list of options. Be happy!
• Philippines
8 Sep 08
i am also looking for a good business idea.. according to the books i read, it would be better if the business you wish to start is within interest or knowledge.. it is difficult to have a business your not interested in or have no idea running.. otherwise you need to hire experts and add to your start-up capital.. you can get some business books and get some ideas.. our fellow mylotter's advice for setting up an e-bay store is also a good idea as you enjoy shopping.. i myself just started using e-bay & paypal, but before that i read the book "e-bay for dummies".. another idea given was setting up an e-store.. a minutes ago i got a link from my cousin (& fellow mylotter) and she has set-up her own e-store.. you can check her link here to have an idea.. http://cervotek.ws/html/services.html
• Philippines
9 Sep 08
Hi Luis!Thanks for this very nice suggestion of yours. Im gonna visit the link you had given to me if i will get home. I am stil at work right now and its a bit busy but i will try to open it up if i had time today. I will gonna message you again about it.