Small Business

Philippines
October 1, 2009 9:21pm CST
I am planning to start a small business but my financial resources are limited. Can you please help me think which business should I venture into? Please help me. Any suggestion will be greatly appreciated. Have a nice day. (^o^)
1 person likes this
9 responses
@dearlene (78)
• Indonesia
29 Jan 11
I always dearming having my own business too, but for now on I will stick with my job. I think it is always good if you plan to have a small business. I think limited financial resources is not always become the boundarys, but the important think that you should prepare is which business will you involve in and keep in it until it working and get profit.
@dorannmwin (36392)
• United States
18 Oct 09
Hi Cristina, First of all, good luck in starting your own business. I made the decision to do this as well just a few months ago. I'd dreamt for quite a while about starting business of my own, but I didn't know what I wanted to do. Then, one morning I woke up and said to myself, I need to sell Tupperware. Okay, I know it sounds odd, but I'd heard from many people when I was dreaming about a business of my own that I needed to find my passion. I grew up with Tupperware and it is a product that I really do love, so I thought it would be the perfect thing for me. So far, I'm not really turning a profit, but I know you can't immediately get rich with your own business.
• United States
6 Oct 09
Hi Cristina,I recently started an online business that you can start with minimal investment. There is unlimited help and support and also comes with a marketing system. You can get started for as little as $5. Add me as a friend and I'll send you more information. Hope this helps, Steven Shirey
• Philippines
2 Oct 09
Hi Cristina! If you have limited resources you might as well be interested in borrowing from the banks. I think it would be better if you get one because there are a lot of business opportunities out there and it would be too difficult to filter them just because of limited resources.
• Malaysia
3 Oct 09
I think you are talking about a real proper business and not online business. If you are, several things you must know. Do a business where you know about the "merchandise or services" or something you are familiar with. Calculate the start up capital required and see if you have enough. If not, borrow from banks or family. Try a business where you can work from home for a start instead of renting a premise. Prepare for 3-6 months period for your business to pick up. Search the web for more ideas, and plan carefully.
• United States
8 Oct 09
Hi Cristina...I have a web site with helpful business tips for free. Please check it out and write me back from there if you need further advice. Starting a new business is risky but rewarding :) www.livelikelisa.weebly.com ~Lisa
@greenline (14838)
• Canada
2 Oct 09
Hello Cristina. I was just talking to a friend of mine about starting snall business. It is just a happy coincidence that you are asking the same question. We were thinking about starting an import-export business, trading internationally ofcourse. This can start on a small scale, and expand step by step as one foneds the market possibilities. This type of busness can be done online and offline. If you have interest in trading business, this is one way. Have a nice day !
@akuler (3531)
• Malaysia
2 Oct 09
Hi cristina, I think you should go to some kind of business that you have passion in it. Starting a business with a limited capital is very risky especially during this current situation. You should expected that there is no profit within 3 to 6 months. This is for physical business and not an online one. If you are going to started a business that have a great demand then you should expected a high competition too. Less demand business might have less competition but its need your patient and strong will. Unless you have creativity in you business you can hardly survive with less capital. Try to provide services or product that no one provided it but with a demand in it. Good luck.
@cacita (9)
• United States
2 Oct 09
Hi cristina, I agree that you need to be able to do something that you absolutely love. If you don't have the passion for what you do, you will not succeed in the long run, just because you will give up when it gets too tough. Take a good look at what you really like, what gets you fired up. Do you love to work with animals, do you love to teach others, do you love to create things, etc? Once you figured that out, then you can go and look at different needs in that area. For example, you can start a pet sitting service in your neighborhood, or you can create crafts and sell them at the flea markets. I am also a business owner and I love what I do, which is helping people achieve their dreams. If I wouldn't love it, I would not have been able to stick with it because I wouldn't have dedicated the time to the business and treated it more as a hobby than my own business. Good luck.