Tuesday

Starting a new Business



BIZ TIPS


These are common steps to starting a new business

  1. WHAT KIND OF BUSINESS

  2. Before you go into a new venture, make sure you have a plan. Do something you would enjoy doing in the long run. I have taken a list of 'Kinds of business' to venture in for 2009 from 'Startuplive.co.uk'-

    Ebay based Business
    With millions of potential customers just a couple of clicks away from your products, setting up an eBay store is a cheap, easy and massively appealing way to do business online.


    Internet cafe
    Although the number of household with broadband connection is soaring, internet cafes are still proving to be highly popular among people who need to get online while on the move. This business could see you log on to a tidy profit.

    Consultancy
    Helping other people run their business may seem daunting at first, but many budding entrepreneurs have the skills and experience to become first class consultants.

    Clothes shop
    With such a wide range of clothes shops out there, you have a several options when trying to tap into this huge market.

    Online business
    In these times of recession, there is certainly a lot to be said for online business: low start-up capital and minimal running costs. Find out how to make your new business an online one.

    Dating agency
    Soaring divorce rates and the scarce social time enjoyed by hard-working employees has resulted in a large rise in the number of single people. However, like some sort of Cilla Black figure, you can match people up while making money at the same time by starting a dating agency.

    Florists
    Whether the occasion is happy or sad, people are rarely unhappy to receive flowers. While opening a florists may be the result of a gardening hobby, you can also make a success of this business if you are new to the sector.

    Catering
    Whether its catering for a major sporting event or a low-key wedding, the need for food and drink at gatherings doesn’t doesn’t go out of fashion.

    Courier company
    If you need a parcel delivered quickly. With many businesses needing a fast, efficient delivery service, why not get on your bike and start a courier company up?

    Dogwalking If you have a love of dogs and don't mind tripping over the odd leash, then why not turn your passion into a viable -- if quirky -- business.

    Travel agency
    Following a disastrous stretch in the early noughties, the travel industry is getting back on its feet. With travel becoming cheaper and a constant supply of sun-starved British tourists wanting to escape to the beach, becoming a travel agent could prove to be profitable.

    Gift shop
    Boosted by the tourist trade, gift shops can be a very popular business to own. Why not get wrapped up in the idea and start up your own?

    Hotel
    Whether you just offer a simple bed and shared bathroom or full en-suite luxury, somewhere for the weary traveller to stay for the night is always in demand.

    Antique business
    Although Lovejoy and his wild mullet added a bit of glamour to the antiques world, most people regard the sector as the preserve of fusty shops with pensionable owners. However, the antiques business, although time consuming, can prove to be very rewarding.

    Driving school
    Whether it took you two attempts or 20 to pass your driving test, you wouldn’t have got there without a driving instructor. If you can put up with the exams and novice drivers, this line of work can be rewarding.

    Photography business
    When your school photo was being taken, you probably gave little thought to the fact that the photographer would soon be off to another job, maybe a wedding, to make ends meet. If you have a passion for photography, get a clear picture of what’s involved in setting up your own firm.

    Hair stylist
    Could you cut it as a hairdresser? If you have what it takes. Go for it.

    Landscape gardeners
    If you are reading this while stuck in a stuffy office and dream of working in the great outdoors, this could be the business for you. Gardening programmes have helped raise the industry’s profile, with the sector now worth £3 billion a year.

    Day nursery
    With both parents increasingly keen to return to work after having children, day nurseries are also vital to many families who can’t afford to give up a regular income to stay at home.

    Restaurant Whether you are celebrating a special occasion or just don’t fancy cooking, eating out is big business with a huge variety of restaurants now inhabiting British high streets.


  3. PROPER RESEARCH

  4. Research your product,service basically your business idea before diving in. Find out if there is demand for your business, also who your competitions are and what is it they are lacking which you can do better.

  5. FINDING THE FINANCIAL SUPPORT YOU NEED

  6. Family
    Friends
    loans/Personal Savings

  7. MARKETING YOURSELF

  8. There are so many online tools used online to market your business and the great thing about these tools- most of them are free, from Facebook, Myspace and Twitter. They can help you make contacts and market your products or services to new customers.If you have little money to spend, advertising on Google and Msn would be a great boost too. Never estimate the power of word of mouth, spread the word to friends and family. Be sure to Self-PR, it will boost your business and ensure you have a voice on issues that affect you.

  9. PURSING THE DREAM

  10. You need to be available 24/7. You can get a mobile broadband and an active phone to stay in touch while on the move and try working efficiently between meetings. You need to stay focused and ahead of the game especially in the current recession.

    All of these paths require passion, perseverance, & perspiration.

    DON'T PUT OFF TILL TOMORROW WHAT YOU CAN DO TODAY. GO FOR IT.........would post new business ideas you can start on a shoestring on my next post.Hit me up with questions if any. Stay Inspired!!!!!!!!!!!see ya.


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