How does owning a business become best income source today?

Before deciding to enter a business try to study as much as possible about the product and its competitors.The reason i say this is because it is your hard earned money.Any wrong move will make you lose your capital.A lot of hard work is required to make the business succeed.As regards poultry try to ensure that the birds are free of illness.A good poultry specialist should help you regarding feeding and medicines and maintenance of the poultry farm.

Hi Mayrah! Well I'm just a new entrepreneur, not full time though, just a sideline for the holiday seasons. People love to shop for the holidays so I said why not make money out of it. Well we tried joining the bazaars, but we only lasted for a week. It was our first venture. But we've learn from it. Now, we are joining our next bazaar scheduled this month, and we hope it would be more successful. While waiting we just started our online shop, and it is doing well. We encountered problems along the way, but that's part of what you have to go through. But don't give up. You have to be patient & work hard for you to succeed in your business venture. Good Luck!

I don't own a business yet. I am still working for a company, and have been there for a number of years now. I like the job and the company rewards me well for my efforts and contributions. But, yes, I am thinking of strating a business of my own some day. I do have to study carefully and make the right choice before making investments into it.

Yes you can earn much we doing a business. But the income is not that stable compared to regular jobs, but you have the full authority of your time and you can generate jobs for other people. It can be less stress if in business compared with the situation in office (politics in the work place). Just remember to go in business where your passion is. Research on your competitors.

Owning your own business can be very rewarding even if the profits are not as good as one expects. I think the first thing one needs to do is to research the many elements of the business your going to start. For example, what is the demand for your product in the area you choose? What competition exists? How much capital is needed to start? what are the chances for expansion? Will you be a sole proprietor or will it be a partnership? There are so many businesses out there that provide only enough for the owners to live and not a so good for making large amounts of money. I have a small business i run out of my apartment in the city. I earn enough to pay the bills and provide a few of my modest wants. But i am content since i don't have to answer to anyone except the tax man. Yes, dedication, patience, and determination are important to succeed. But you need to be realistic and learn as much as you can about the business you choose. Remember, the majority of the businesses that fail do so in the first year. So stick to it for that first year and you'll be ok.

Nowadays, starting a business isn't easy. You can't also expect to be successful. My mom owns a business and it helps us sustain our daily needs. But it is hard. The business situation years ago was a lot better than today. If you're not really that confident that people would be willing to spend money in your business, don't start. Also, it's not worth it to risk a lot of money. Still, a great factor is what you like and also what people around you like and need. People are being wise now that earning money is really hard. People prefer to spend their money on major things in life. If you're to start a business, make sure it is something that people will see the things they need.

yeah you are absolutely on the right path. business can only provide real success.according to me among the various businesses,commission based business are the real businesses.these are the businesses with least investment but great profit in huge turnovers.i am involved in share market as a sub-broker.before staring a business you need to know everything about your business.the foremost thing is to set targets.successin any field is directly related to our attitude towards life people,and everything.we need to also keep a learning attitude.we need to keep the knowhoe about what is currently going in the market.also study various books on how to develop the business.they would serve wyour need. hope the long sharing would be fruitful instead of being boring.happy mylotting.

i want to start my own business, but i don't know what to do... And owning a business is much more profitable since you have command to everything, all salary goes to you- if you have no employees. but it is hard to start one. To be a successful entrepreneur here are some tips [these are waht I've seen on tv] : you've got to love your business work hard for it, never give up take risks be honest in all your transactions be nice Good luck, hope this helps

Well, the best thing to do is to study about being an entrepreneur. I am not saying you have to go study at a school, but read books written by successful entrepreneurs. Donald Trump has written many books, as has Robert Kiyosaki, and they share quite a lot of their wisdom in them. I am sure there are other examples too. So start by reading, you will get many ideas and also some guidance from these books I think.

hi mayrah, i think i believe on this but it depends on what is your business, if its succesful and you're happy with it. but all in all, it is much better than being employed. happy mylotting. :-)