opening up a business

if you have capital to invest, I would open up an online bead and supply shop. There are tons of people who make jewelry, and a well-priced supply shop always does well.

Ask yourself what kind of passion do you have. Because most business became successful because that is their craft, love and skill. It's hard to deal with something you are clueless on how to start and go about. I actually run a small online store as my part-time to increase my income streams. It's fulfilling to know that though I earn not that much for now, the level of understanding that I have ultimately multiplied. Now, I can see more future business ventures whereas I can apply the things I've learned. And yes, I have love and passion for it nevertheless going through some hard to deal issues you consider quitting any time soon. So weigh everything accordingly, make a study, research thoroughly and write documentations for your reference while seeking advice from pros.

First of all the question is what is your capability? what are your skills and talent that you wanted to put up a business that you can handle because you have the knowledge to implement. If money is not the problem to start a business then strategy is important because for sure you will have competitors. You need to know what business is not yet being offered in your place so you can have the advantage to start first. What talents,skills do you have to run your business. Example, you cannot run a computer shop if you are computer illiterate and does not even know how to fix a computer. You will spend more on manpower or service of others if you do that. Do you need to rent a place for your business or you own a lot for your business. You need to have a feasibility study also on the expenses that you will have. More expenses than income is bad. Is the target market good or your shop is out of nowhere to where people can see you, location is really important when setting a business. Studying first is better than to put up a business and then after some months you close down and you didn't earn what you invested. You can ask friends and family to help you also with the business you wanted to put up. Skills and tools are really required together.

Just make sure and do something that you like to do because if you don't like to do something its going to seem very boring and you are not going to want to put all your effort into it. So make sure you are happy when you are doing it and give it your all at it ok.

So many things to consider in putting up a business.. such as the place, the demand etc.. Anyway, an investment may always come to have a reward.. However, the amount of it may always vary from the kind of business you are engage to and it also depends on the initiative you would exert to such a business.

There are lots of things which you need to consider before investing your money but in my opinion the main thing is to invest in a small business instead of going into a big business and earning a lot of money, risk with big investment and bigger business are more as compare to smaller one. So for it is wise to start from a small then go to next step after this. Look for different opportunities around you, in which sector you can invest, dont bother for the type of business, it is good or bad to do this thing, but look for opportunity in that, how much you can invest and how much you can get, I have seen people in real comfort of small business, and from small business they are now the owner of big companies, so start from a small, in this way you ll be familiar with market and its trend, new ideas ll come to you and you ll get experience, after getting experience you ll have relations with other businessmen around you and then it ll be very easy to establish a new big business SO try small then go for the bigger...:)