November 16, 2011

Are You in Business to be Successful?

published this at 11:06 am

Making a go of a small business in 2011 is no easy task.

A troubled economy, fears about the stock market, and where things will go in 2012 with a presidential election have led many individuals considering opening a small business to wait on the sidelines.

That being said, some individuals have found the small business world to their liking. Whether it was always a dream to work for one’s self or being let go at a full-time job and then turning to themselves for employment, some will tell you that opening their own small business was the best decision they ever made.

Know the Risks of Opening a Small Business

The choice on whether or not to open a small business is not to be taken lightly. Individuals must consider the risks and rewards that come with such a decision, including the potential financial losses that can quickly overcome someone and their family should the planned venture fail.

When looking at where to possibly begin a small business, keep in mind that some industries are thriving quite well right now given their importance to consumers. Even when the economy is in trouble, some fields will continue to prosper, so be cognizant of that when looking into a small business venture.

If your dream is to own and operate a small business, some industries to look to include:

These are but a few of the small business ideas that you should consider if you’re looking to open up your own company.

Running a small business takes time, patience, money and a commitment to seeing the job through.

If you think running a small business is a small task, think again.

Photo credit: Businessinfoguide.com

Dave Thomas, who covers among other subjects’ document management and HR software, writes extensively for Business.com, an online resource destination for businesses of all sizes to research, find, and compare the products and services they need to run their businesses.

Filed under Business Life | 3 Comments »


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3 Comments to “Are You in Business to be Successful?”

  1. November 16th, 2011 at 3:26 pm
    Allen Youdim said

    I agree starting a small businesses is not easy, but it’s an investment educationally. Also financially, though my startup costs a very minimal because my work is strictly freelance social media and it can solely be done on the internet. I recommend that starting small on the internet and expanding to something tangible in the future is a better option. So far my only potential lost is time and the few dollars I spent to spread some awareness of my services. Finally, I personally believe it all comes down to finding solutions to big problems for other businesses and solving problems. If you can help a business save money and execute a solution, your career or business will be backed.

  2. November 16th, 2011 at 6:47 pm
    LanaeCEM said

    Definitely some good ideas of small businesses to start. There are a lot of risks, as you mention in starting any business but perhaps focusing on some of these that are in demand could improve success rate. Great post.

  3. November 18th, 2011 at 1:11 am
    Astro Gremlin said

    These all seem viable. When people run low on money, they start looking to repair instead of replace. Always, the approach is quality service. Customer referrals depend on them being happy.

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