August 15, 2009

Start Own Business

There are a lot of people always said "don't want to forever become an employee and want to start own business". But the main question is "What kind of business to do?".

It is always easy to have a dream of starting own business, but it is not easy to know what kind of business to do. It will take a lot of time and courage to eventually start own business. Some people don't have the courage to forgo what his/her currently owing such as monthly salary, stable work and less work stress. When you decided to start a business, there are a lot of hardwork involve include work 24/7 because no capital to hire a lot of employees to help you, work stress is high because constantly you need to figure out what is the company/business direction is and capital/money stress as whether the current business/sales enough to sustain the company as that is the only money you get. It also involve giving up the current employment and no stable income.

It is not as easy as many may think, and a lot of factor involve during the process. It may be a difficult few years at the beginning with all the stress and workload involve. However it is always good to have own company which you work hard for your own income, no need to feel un-appreciated for the work had been done, and it is always feel great when you watch the business growth that you give your all the time and effort to make it successful.

For those who interested to start own business, there are a few questions that you need to have the answer as show below:
1) What business you want to start?
2) What is the potential sales?
3) Who is the target customer?
4) How is the competition?
5) What make your product so special?
6) How you reach your target customer?
7) How much is your capital?
8) Is your capital sufficient to last you for at least first 6 months without any profit?
9) How you get your resources?
10)Do you have the suppliers' contact?

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