What business to put up?
July 15, 2008 11:08pm CST
Hi friends..I really need your help!Can you suggest a good business to put up?..a business that won't be out of tune?..because my husband and I are planning to put up a business but still undecided and still choosing from putting up a restobar or a computer shop...How about you guyz can you give me another options? How much money do I need to have to put up that business? Thanx guyz...Hope you could help me..any suggestions would be much appreciated...
1 person likes this
21 Aug 08
I think one of the best business ideas is an online store because: - computer programs take care of selling products including receiving payments - computer programs take care of payables and inventory i.e. delivery and ordering - the fixed cost is an online presence from a reputable provider of domain name, web site and database access Perhaps the most challenging question is: who is the target buyer? where and what to sell :) Any views? Cheers:)
• United States
16 Jul 08
You have to determine the amount of time you want to put in the business. Since most businesses do not make money the first couple of years, you will have to have enough cash to carry you over until you get all the initial startup costs paid back, unless you have alot in savings. Restaurants or bars are cash businesses and it is easy to steal from them if you do not have good help. I use to own a bar and had to fire several people I caught not ringing up items and pocketing the cash. These people had good reference too. So, I would say to seriously consider how much time the two of you will be able to devote to the business and start one that only requires that amount of time. Bars and restaurants are open long hours. Didn't mean this to sound discouraging but it is best to go in with your eyes wide open.
16 Jul 08
I would suggest you to start a Packing and moving company. people are always on move and need help of good professional. Iám sorry I don't know how much money would be required for setting up. you can take up any good franchise , they will train you and provide the details. all the best for your venture. bye