Whats a good business venture when you don't have much money to invest?
Unfortunately this is a question being asked a lot more now with this lingering, dead economy. Hopefully in about a month things will begin to change in a positive way. I have asked myself this same question dozens of times over my career - and opened a lot of businesses with limited and with significant investment. First, and always, do the business plan. Take the time, think through everything, put down all of your plans, costs, expenses, ON PAPER, not in your head no matter how good you are. Even if babysitting is the business, what are your constraints? Limitations? If you are capable of doing something with little or no cash outlay that has value, such as consulting, speaking, writing, child care, as opposed to manufacturing something - even something very small and inexpensive - you are better off doing so. If not and you are able, sell something someone else owns - I mean something you don't have to buy to resell - anything from real estate to products. If you aren't a salesman, aren't public as a speaker or can't write something that can be sold, do some searching to find where a local business has something they are having a problem finding someone to do something for them. It may be delivery, expediting, stuffing envelopes, and come up with a financial plan offering that is good for both of you.
by Precious Pearl7 years ago
Hello All,I want to follow the rules about posting links so I won't put any links in this forum post. I need advice on how to get traffic and some Preferred Customers for my travel site and how to show people the...
by Cianeko Abueva5 years ago
Do yo need to have a degree in business to succeed in a business venture?I am just wondering because I am planning to do business in the future. I am currently taking up an education degree.
by Cindy Murdoch6 years ago
What is the process to tan a hide as a hobby or small business venture?If I wanted to tan a hide of an animal, how could I do this process in my home? Let's say I had butchered a goat - how would I process that hide...
by VENZKHVAM6 years ago
Suppose your friend had faced two to three failures in business and life and he wanted to bounce back starting in the business will you help him out financially ,if yes why and if no why?
by dosth7867 years ago
hi i want to invest money in any business. which is the good business?
by Luis E Gonzalez4 years ago
I am excited to share that we (myself and a few others) have started a campaign to get funded to start a small business venture that will concentrate on selling art work, books in print, photographs from talented...
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