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convenient stores
overhead cost
backup plan
business venture
traffic flow
home businesses
business cards
thousand dollars
business plan
auto repair
So You Want To Start A Business
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So You Want To Start A Business

There are lots of things to consider before you attempt any business venture. First you need to decide what type of business you would like to get involved with. Now you should find a good location, if you're considering a physical type of business such as retail, restaurant, auto repair or some type of business that builds or produces some form of product.

If you are considering a business such as a restaurant, retail or auto repair you need a location with easy access in and out and traffic flow should be sufficient for that type of business. As for the business that builds a product the location is not all that important unless you need good access to freeways, then you should consider the Industrial Park; if you can afford that kind of overhead.

You should have a business plan with cost factors, financial needs and projections to take to the bank. If you have the money to finance yourself you should follow your plan for start-up, you need the total overhead cost and a projection of cost to operate for the first year. If you need financing you will have to convince the bank that you are a good risk and you know your business by your business plan layout and how you convey yourself. In either case you need a backup plan to cover the unexpected cost along the way.

If you are like most people you don't have the money to risk and financing is unavailable for a start-up business. Start-up cost can range anywhere from a few hundred thousand dollars and upwards into the millions. You may want to look into something more affordable where you can work out of your home. There are lots of home businesses that can be done from an extra bedroom a garage or even a storage shed in your back yard.

You could do some sort of craft from home, do your advertising by dropping off business cards at convenient stores and laundries. Look around the Internet for some type of business opportunity you can afford, there are thousands of online businesses but you should be careful and not get scammed in the process. If you like to sew you could sell your products online or make items for your family, neighbors and friends.

If you have knowledge from any field of work, there are ways to make money; without going into debt or going broke. If you are out of work and have a talent you could put to use, or you just want some extra money, move forward with what you have.


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