Tuesday, March 31, 2009

STARTING UP YOUR OWN BUSINESS

So, tiered of working endless hours, commuting miles to and from work just to earn a few bucks? Sick of having to listen to your boss who has half the brain you have? If you are, then here are some simple tips in put up your own business

Have the right product and or service. Its one thing to start offering a service or selling things, but it’s another to actually offer a product or a service that actually sells. Don’t know what to sell or what service to offer? Here are some ideas
Food products. Food is a basic need and will always be in demand. Consider selling fresh fruits and vegetables.
Transportation / Fuel. People will always have to go somewhere. Taxi cabs are probably a good investment.
Clothing. Here it gets a little tricky, as clothing and fashion changes in style very so often. But If you have the what it takes to follow the trend…
If you’ll notice, these are all basic needs. Supplying or providing basic needs will never go out of style. But if you feel that this is not for you then try offering or providing for a niche market or specializing. You could offer food products from a specific area or country. Look at the things you like and start from there.

Choose the right location for your chosen product or service. Now that you have your product or service, make sure to choose the right location to sell your ware or offer your service. This is very important. For example, if your chosen products are fresh fruits and vegetables, you can’t sell these in a community of growers and farmers. As they them selves grow these. You get the idea.

Offer the right price. Make sure that your price covers all of your expenses and returns a good profit but at the same time is competitive. You can’t very well sell apples at $10 apiece when everyone else is selling it for $1 per piece.

I know this all very vague and I will be elaborating on this in the next days.