How to start your business?

China
February 21, 2011 8:08am CST
how to start a business with a few sum of money? Because I have not so many saving. Everyone has his own idea. What about your opinion?
6 responses
• Italy
21 Feb 11
One factor you should consider first is a business that has to do with something you are passionate about as this will go a long way in determining the success of the business. You should also know how to reach your target market. For me, I don't think money is all, just plan well and start with the little you have.
@greenline (14838)
• Canada
21 Feb 11
Are you thinking of online business or off-line ? Many people start online businesses setting up the websites. Depending on the type and magnitude of the business site, the investments required will vary. One option, may be, to start as an affiliate to another online business company. There are many companies offering affiliation.
• United States
21 Feb 11
Well my boyfriend and his friend and then us two girls of the guys just opened an automotive business, they of course had most of the tools already but then we have to pay rent of course each month at the warehouse they are renting. Its 400 a month and im hoping they make that so we can pay the rent of course. They have had to buy some stuff for the warehouse but not much and we dont have alot o fmoney either to start a business but we are doing are best but there of coures are struggles and what not in life and this is taking the good with the bad at the same time for us.
@isloooboy (1733)
• United Arab Emirates
21 Feb 11
Well before starting any business you have to prepare a plan of action which can be sustainable within your resources. Second you have to get proper market information regarding your product wholesale purchasing to selling in the market price. Third and very important part is you must have passions because you will not get success in one day it will take months to be establish on first stage after than you will be able to get some recognition along with a little profit. Fourth never compromise on your prepared plan of action but also try to remove bugs and error with the experienced and time. Whatever you want to do, you must have an plan of action for it. Wish you good luck in advance.
• Indonesia
21 Feb 11
money is not everything ... the first and a must is relation... if you have good relation with a businessman... or people that can trust you... then you may start your own business... they will help you to make some preparation including money... the second thing is taht you should know everything about your business that you run... even the small thing. the third... you know your market... if you have all above, you may run your business... for sure you will start from small business.
• India
21 Feb 11
Tell about what business you are planning to start online business or business in your home or other types of business than I think mylot members can help you