answersLogoWhite

0

Research business niches. Conduct surveys.

Start a business that helps people save time, money and headaches, or entertains and informs them.

Research the competition. If it is too fierce, think of something else because entering a highly competitive business will eat up your resources.

Start small

Avoid debt. Instead, look for start-up capital.

Try and work out of your home to save on rent.

Think big.

Do not make your family financially insecure by investing buffer cash into the business.

User Avatar

Wiki User

13y ago

What else can I help you with?

Related Questions

What skills do you need to run a successful business?

becauase


How to run a successful business when you are only 14?

You can run a successful business at any age. You just need to have a good idea, and make a list of what products you will be needing to run the business. Start from there, figure out how to get those supplies, because if you can't get the supplies for the business, then it won't work.


Why communication is successful in business?

Communication is the key role in Business because,only if one know to communicate then the business can run properly


What qualities should one have to know how to run a successful business?

Being competitive, possesses leadership, being open-minded (always listens to his team's suggestion) and is a good follower one should know how to run a successful business.


Why is a business idea important?

According to me, business idea is considered to be very important. Without a business idea, one cannot start a business. If you want to run a successful business it is necessary to have a business idea.


What are the best strategies for making your Internet business successful?

If you want to run a successful internet business you must be willing to put in a lot of hard work and time. You must have a good business plan, good advertising, and be good with numbers and record keeping.


What are the advantages do young entrepreneurs have when launching a business?

Young entrepreneurs think creatively, which is good for them when they decide to launch a business. They also find solutions for traditional business constraints, which helps them run a successful business.


why do you want to get a business administration lesson?

You would want to get a business administration lesson to help start your business from the floor up. This can be helpful to you in the long-run and help make your future business a successful one.


What has the author Beverley Jane Smith written?

Beverley Jane Smith has written: 'How to run a successful designer business'


What kind of skills do you personally need to run a successful business?

you need to have money, teamwork, and a place to sell you items.


What elements are needed to be successful when starting a business?

First you need to know how to run a business, next you need to plan what type of business you need to have, and lastly you need to know that you will work hard to keep the business going.


Is Subway a successful business?

Yes, Subway is a very successful business.