Accardo
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November 18, 2023, 11:36:04 PM |
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Yes it is like that, even shops like this around my house are not just one so indeed shops like this have fierce competition, as I said by differentiating prices a little cheaper then they will pursue shops that have cheaper prices even though the price difference is very small it can affect their marketing. also this shop will have loyal customers like you said, they will shop because it is convenient at an affordable price. With basic needs every day, it is possible that a shop like this will not be extinguished by always providing basic necessities that will definitely be sold every day. But of course there will also be definite risks, by managing it well it doesn't matter, even if you can manage it well it could be faster to reopen a gerosir shop or grocery store in another place because as I said there is the potential to grow quickly because by differentiating prices a little cheaper than other stores.
Reducing prices is great way of getting more customers. When the next shops increase prices and it's important to maintain the company price. And still offer quality products. It'll yield more trust from buyers and fetch new customers. The new customers we should expect are those who don't feel right about the prices other shops provide and wants to check elsewhere. But, they're customers that believes, since this shops sells at this rate, that shop would also sell at same rate. Unless someone tells them about getting same product and quality at a cheaper rate in the other shop. What I mean is that the loyal customers of the other shop owners still wouldn't mind buying at their favorite shop owner's shop. But the cheaper shop would definitely gain more customers in the street where they reside. Expanding quickly; building more in different province would be detrimental to the growth of the business. The growth of such shops still take years to get to a big sized shop like a mini super market. When running such a business it'll be great to hold tight the environment we started and win them over for years. Then establish a new one elsewhere, when we are sure about the solidity of the first shop. Thereby building the next one with the income the first one generates. And maximizing profits due to the increase in demands. Or maybe selling some products from the first in the new one. That would be a better idea and also reduce the risk of losses. Because it can have a big influence on the shop that is run, and service can also affect store sales. we take the example of other shops or other businesses, for example coffee shops, many coffee shops today because it is a trendy place to hang out especially among young people, and the greatness of young people looking for a place to relax is a coffee shop or caffe. What I have experienced, I have visited a luxurious coffee shop with a high selling price per item, but their poor service made me lazy to visit the coffee shop again, in contrast to the other coffee that is simple and affordable prices with good service, can treat customers well, and it makes me comfortable to enjoy coffee or other menus. So service can also determine people to visit our shop or our business. because if with a comfortable waiter they do not hesitate to come back, there is even the potential for them to give good news to others and invite them to come to our shop. And service can also bring people who will become loyal customers who can even become friends to chat. right what you said, if the first store can be controlled properly, then you can reopen a new store, and not only grocery stores can be other stores as well to become a business. Moving ahead with your example, what would be your decision if the expensive coffee shop had better customer relationship than the cheaper one? the answer can still explain better about what I meant by loyal customers sticking to the shop they like despite getting products more expensive. A shop that sells at a cheap rate could be overwhelmed with customers, not everybody would wait to get served. So, they'll have no option than to stick to the shop with a bit more expensive product, yet fast in responding and serving their needs. Hence, with your example, you'd notice that with this example, price is definitely what brings the relationship between the seller and the buyers. But, being concerned about the comfort of the buyer, can play a big role in retaining them, to visit some other times. Taking a food restaurant for example, some sell very high than their competitor and still retains customers. Due to the quality of food they provide to the customers across all branches. These days buyers want to be treated right and respected. Regardless of how much you charge them for the products.
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Vaskiy
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November 18, 2023, 11:42:50 PM |
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Small scale business ideas can be implemented based on what you know well and in what service you master. People used to try different business that they aren't used/worked. That is real risk, whether it is small scale or starting from the scratch it is good to go with business that we have better knowledge. When we get into business that we don't have much of knowledge we need to depend on someone else. If they fail to be punctual, it could ruin our business.
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TimeTeller
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November 18, 2023, 11:46:39 PM |
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Small scale business ideas can be implemented based on what you know well and in what service you master. People used to try different business that they aren't used/worked. That is real risk, whether it is small scale or starting from the scratch it is good to go with business that we have better knowledge. When we get into business that we don't have much of knowledge we need to depend on someone else. If they fail to be punctual, it could ruin our business.
You definitely need to know at least a little bit of something on the business itself. Otherwise, you are just subjecting yourself to failure and loss of funds. There are so many small scale business ideas that you can tap, start thinking about your surrounding environment. Look for things that you think will be a hit in your neighborhood. You don't need to start from scratch. You can always imitate the others but you can add something unique in your services or products that will outstand from others.
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armanda90
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November 19, 2023, 01:02:25 AM |
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I won't think people who repairs tires and motorbike etc. can earn a lot. As this is also a skill I can say, without the skills of mechanic it is very difficult to repair the bikes in fact we can easily repair the tires as we can learn it form others. But I think there are some specific knowledge needed for the motorbike repairing which can be better in the future for the person.
And specially I didn't understand about your drinking cup business as you said earlier? What is meant by that? Is it any way of earning the cups or arc you talking about any restaurant in which a person can sell tea or coffee so he can earn from that? Also having a restaurant is a better business but it didn't come under the small categories because it requires a lot of money.
Seems that business only for professional only who have skill for prepare motor bike and not all people have ideas for building this business, but its very worth business such as they have mechanic skill but difficult if need prepare spare part of motor bike with most expensive values. No doubt become mechanic of motor bike who have many costumer will give much profitable such as small scale business but right now many of compete for this business and need looking for more the unique ideas how to make costumer interested with your skill such as motor bike mechanic.
I have an ideas with agriculture scale small business, I want to plant chili due highest price today and looks excited not difficult for selling it dur many people want to buy it every day.
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Bitcoin_people
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November 19, 2023, 01:59:19 AM |
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On this board I often see a lot of discussions related to investment and finance which tend to be large scale. However, to start investing we need capital. How do you find capital for investment? Investing is a business of its own that can never be established without your money. You definitely need a large amount of capital to get ahead in business, and when you have it, your investment will be much better and bigger. The only way you can build capital is by working and saving money by working and then starting a business. Let's talk about small scale businesses that have low risks and promising profits so that we can have capital to invest and become passive income in the future. If you want to start a small business and not profitable risk then you need to start those businesses that have constant passive income. Like you can market a shop where you will have regular customers and they will buy your products and you will get daily profit and it will be less risk. Also if you want to do crypto business then trade in bitcoin maximum three days a week where you will get good profit and it is low risk. If you do these two things then surely your business will go well and from here you can build a huge business by making big capital while depositing small amount of money. Do you have a small business idea? or business experience? I want to hear it I haven't done any small and big business so I don't have that much idea but have some idea. If I apply all the great things in my business, I will definitely see a good amount of profit at the end of the week and at the end of the month. And if I invest in crypto and trade in bitcoin I have this idea that I can earn good at the end of the month. But I think idea and knowledge experience is the most important thing for a person to make profit in small and big business, if you have such general knowledge then surely you can make profit.
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super bako
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November 19, 2023, 03:33:41 AM |
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If you already have a thorough plan for material deficiencies, the business must be ready to accept the conditions, don't expect the main advantages of the process to rarely survive. For example, if have a business plan that is just an idea without theory in the field, it will only waste time thinking. A business does not have to be started from a large and strong capital that must be allocated appropriately, and at the expense of time which will be difficult for beginners to get through.
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Bitco55
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November 19, 2023, 01:06:18 PM |
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On this board I often see a lot of discussions related to investment and finance which tend to be large scale. However, to start investing we need capital. How do you find capital for investment?
Let's talk about small scale businesses that have low risks and promising profits so that we can have capital to invest and become passive income in the future.
Do you have a small business idea? or business experience? I want to hear it
There are a lot of ways whereby one can get capital in order to start up a business and they include; *Loans from banks- don't know what country you're in and if this is favourable in your country but if your country is like mine with high inflation rate then I won't advise you to use this method. *Savings - if you've been saving then you can use that for small scale businesses. If you haven't, then it's honestly not too late to start. *Loans from family and friends- this is favorable for all as interest rates aren't as high as those in banks. It mat sometimes be given to you for no interest at all. There are many others like loans from whales/ venture capitalists, selling of shares of the company, hire purchase, collecting money from potential customers in order to make the product etc. My small business idea would be writing/analyzing data. Still working on it, the only experience I can say I have is writing here on the forum.
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junder
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November 19, 2023, 08:02:11 PM |
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Small scale business ideas can be implemented based on what you know well and in what service you master. People used to try different business that they aren't used/worked. That is real risk, whether it is small scale or starting from the scratch it is good to go with business that we have better knowledge. When we get into business that we don't have much of knowledge we need to depend on someone else. If they fail to be punctual, it could ruin our business.
And I hope not everyone who starts a business depends on other people. yes, there is nothing wrong with depending on other people, for example, family who helps our business in terms of finance, but you shouldn't be too comfortable with help from parents, because we have to learn to be independent to deal with everything, and also someday we will have our own responsibilities that must be faced like having a family. to start a business needs knowledge related to the business to be started, because it can reduce the risk of losses that will occur, if you open a business without any knowledge, it will make the business run not smoothly, there will be problems that are not resolved because of the absence of good knowledge. This will be a problem in the future if you open a business without the slightest knowledge, unless we are ready for the big risk or let's say failing in running a business. But I'm sure everyone who starts a business must learn things related to the business they will start.
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Dewi Aries
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November 19, 2023, 08:26:43 PM |
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Yes it is like that, even shops like this around my house are not just one so indeed shops like this have fierce competition, as I said by differentiating prices a little cheaper then they will pursue shops that have cheaper prices even though the price difference is very small it can affect their marketing. also this shop will have loyal customers like you said, they will shop because it is convenient at an affordable price. With basic needs every day, it is possible that a shop like this will not be extinguished by always providing basic necessities that will definitely be sold every day. But of course there will also be definite risks, by managing it well it doesn't matter, even if you can manage it well it could be faster to reopen a gerosir shop or grocery store in another place because as I said there is the potential to grow quickly because by differentiating prices a little cheaper than other stores.
Reducing prices is great way of getting more customers. When the next shops increase prices and it's important to maintain the company price. And still offer quality products. It'll yield more trust from buyers and fetch new customers. The new customers we should expect are those who don't feel right about the prices other shops provide and wants to check elsewhere. But, they're customers that believes, since this shops sells at this rate, that shop would also sell at same rate. Unless someone tells them about getting same product and quality at a cheaper rate in the other shop. What I mean is that the loyal customers of the other shop owners still wouldn't mind buying at their favorite shop owner's shop. But the cheaper shop would definitely gain more customers in the street where they reside. Expanding quickly; building more in different province would be detrimental to the growth of the business. The growth of such shops still take years to get to a big sized shop like a mini super market. When running such a business it'll be great to hold tight the environment we started and win them over for years. Then establish a new one elsewhere, when we are sure about the solidity of the first shop. Thereby building the next one with the income the first one generates. And maximizing profits due to the increase in demands. Or maybe selling some products from the first in the new one. That would be a better idea and also reduce the risk of losses. Because it can have a big influence on the shop that is run, and service can also affect store sales. we take the example of other shops or other businesses, for example coffee shops, many coffee shops today because it is a trendy place to hang out especially among young people, and the greatness of young people looking for a place to relax is a coffee shop or caffe. What I have experienced, I have visited a luxurious coffee shop with a high selling price per item, but their poor service made me lazy to visit the coffee shop again, in contrast to the other coffee that is simple and affordable prices with good service, can treat customers well, and it makes me comfortable to enjoy coffee or other menus. So service can also determine people to visit our shop or our business. because if with a comfortable waiter they do not hesitate to come back, there is even the potential for them to give good news to others and invite them to come to our shop. And service can also bring people who will become loyal customers who can even become friends to chat. right what you said, if the first store can be controlled properly, then you can reopen a new store, and not only grocery stores can be other stores as well to become a business. Moving ahead with your example, what would be your decision if the expensive coffee shop had better customer relationship than the cheaper one? the answer can still explain better about what I meant by loyal customers sticking to the shop they like despite getting products more expensive. A shop that sells at a cheap rate could be overwhelmed with customers, not everybody would wait to get served. So, they'll have no option than to stick to the shop with a bit more expensive product, yet fast in responding and serving their needs. Hence, with your example, you'd notice that with this example, price is definitely what brings the relationship between the seller and the buyers. But, being concerned about the comfort of the buyer, can play a big role in retaining them, to visit some other times. Taking a food restaurant for example, some sell very high than their competitor and still retains customers. Due to the quality of food they provide to the customers across all branches. These days buyers want to be treated right and respected. Regardless of how much you charge them for the products. It all comes back to yourself, I myself would prefer a coffee shop with affordable prices and a simple concept and also good service, maybe there are people who maintain their luxurious lifestyle even though it doesn't make them comfortable, because with those who feel they can afford it, they can maintain it with luxury, but not with me. "So, they have no choice but to stay in the store with a slightly more expensive product", like you said this, so it all comes back to yourself, if the name of a loyal customer, of course they will survive by waiting to be served, because no matter how busy the store will definitely serve its customers well even though they have to wait, if they can't wait maybe they are annoyed with the service, but if people are smart, they can see when the store is crowded customers are queuing naturally they wait, right? About the price being the determinant, it's true, like the saying "money knows the quality of goods" the more expensive the price, the better the quality. That is absolutely recognized. But is it possible that all people are like that? They don't want to wait to be served and run away from shop A to shop B? I don't think so. People's comfort is different, just like choices, they have the right to choose what is best for themselves.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Accardo
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November 19, 2023, 11:52:49 PM |
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Moving ahead with your example, what would be your decision if the expensive coffee shop had better customer relationship than the cheaper one? the answer can still explain better about what I meant by loyal customers sticking to the shop they like despite getting products more expensive. A shop that sells at a cheap rate could be overwhelmed with customers, not everybody would wait to get served. So, they'll have no option than to stick to the shop with a bit more expensive product, yet fast in responding and serving their needs. Hence, with your example, you'd notice that with this example, price is definitely what brings the relationship between the seller and the buyers. But, being concerned about the comfort of the buyer, can play a big role in retaining them, to visit some other times. Taking a food restaurant for example, some sell very high than their competitor and still retains customers. Due to the quality of food they provide to the customers across all branches. These days buyers want to be treated right and respected. Regardless of how much you charge them for the products.
It all comes back to yourself, I myself would prefer a coffee shop with affordable prices and a simple concept and also good service, maybe there are people who maintain their luxurious lifestyle even though it doesn't make them comfortable, because with those who feel they can afford it, they can maintain it with luxury, but not with me. "So, they have no choice but to stay in the store with a slightly more expensive product", like you said this, so it all comes back to yourself, if the name of a loyal customer, of course they will survive by waiting to be served, because no matter how busy the store will definitely serve its customers well even though they have to wait, if they can't wait maybe they are annoyed with the service, but if people are smart, they can see when the store is crowded customers are queuing naturally they wait, right? About the price being the determinant, it's true, like the saying "money knows the quality of goods" the more expensive the price, the better the quality. That is absolutely recognized. But is it possible that all people are like that? They don't want to wait to be served and run away from shop A to shop B? I don't think so. People's comfort is different, just like choices, they have the right to choose what is best for themselves. Not saying this for all the people, but some are like this, they'll hardly leave a specific shop, due to personal transactions in the past as getting stuffs on credit in store A and not allowed in stored B. I mentioned this in my previous replies, under marketing. Because this person now have access to get stuffs on credit, he'll hardly move to another store, despite the high cost of the product. That's for the grocery stores. But, for other businesses, things can change. Maybe If I think I'm not in a hurry, It's possible to wait for the queue till it gets to me. Yet, it's always certain that the cheaper store gets more traffic and the attendants may not be fast enough to meet up to the standard of everyone, who came to get that product cheaper. And, note that, the price difference isn't that significant; quite a bit different from what the other store sell. As for price being a determinant. I don't follow that principle. Even my response always centered on selling at company instructed price. Those who think that price defines quality still fall for serious deceit in the market. It's left for the consumer to differentiate the quality product from less quality one.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Dewi Aries
Legendary
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November 20, 2023, 02:23:09 PM |
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Moving ahead with your example, what would be your decision if the expensive coffee shop had better customer relationship than the cheaper one? the answer can still explain better about what I meant by loyal customers sticking to the shop they like despite getting products more expensive. A shop that sells at a cheap rate could be overwhelmed with customers, not everybody would wait to get served. So, they'll have no option than to stick to the shop with a bit more expensive product, yet fast in responding and serving their needs. Hence, with your example, you'd notice that with this example, price is definitely what brings the relationship between the seller and the buyers. But, being concerned about the comfort of the buyer, can play a big role in retaining them, to visit some other times. Taking a food restaurant for example, some sell very high than their competitor and still retains customers. Due to the quality of food they provide to the customers across all branches. These days buyers want to be treated right and respected. Regardless of how much you charge them for the products.
It all comes back to yourself, I myself would prefer a coffee shop with affordable prices and a simple concept and also good service, maybe there are people who maintain their luxurious lifestyle even though it doesn't make them comfortable, because with those who feel they can afford it, they can maintain it with luxury, but not with me. "So, they have no choice but to stay in the store with a slightly more expensive product", like you said this, so it all comes back to yourself, if the name of a loyal customer, of course they will survive by waiting to be served, because no matter how busy the store will definitely serve its customers well even though they have to wait, if they can't wait maybe they are annoyed with the service, but if people are smart, they can see when the store is crowded customers are queuing naturally they wait, right? About the price being the determinant, it's true, like the saying "money knows the quality of goods" the more expensive the price, the better the quality. That is absolutely recognized. But is it possible that all people are like that? They don't want to wait to be served and run away from shop A to shop B? I don't think so. People's comfort is different, just like choices, they have the right to choose what is best for themselves. Not saying this for all the people, but some are like this, they'll hardly leave a specific shop, due to personal transactions in the past as getting stuffs on credit in store A and not allowed in stored B. I mentioned this in my previous replies, under marketing. Because this person now have access to get stuffs on credit, he'll hardly move to another store, despite the high cost of the product. That's for the grocery stores. But, for other businesses, things can change. Maybe If I think I'm not in a hurry, It's possible to wait for the queue till it gets to me. Yet, it's always certain that the cheaper store gets more traffic and the attendants may not be fast enough to meet up to the standard of everyone, who came to get that product cheaper. And, note that, the price difference isn't that significant; quite a bit different from what the other store sell. As for price being a determinant. I don't follow that principle. Even my response always centered on selling at company instructed price. Those who think that price defines quality still fall for serious deceit in the market. It's left for the consumer to differentiate the quality product from less quality one. And as far as I know, there are many items that can be paid for on credit, even all home appliances seem to be eligible. They may stay because the store usually provides credit payments, so it's natural for them to stay with a store like this. As I said, it all comes down to individual choice, there is no coercion for customers to stay or to leave, because they themselves have the right to choose and determine which is better. True with what you said that "the clerk may not be fast enough to meet everyone's standards" but surely they will also maximize their services to make the customer comfortable, and the rest returns to the customer himself who determines. and keep in mind also that prices know goods in other words, money knows goods. so money also determines the quality of the goods.
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Youngkhngdiddy
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November 21, 2023, 10:53:30 PM |
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And I hope not everyone who starts a business depends on other people. yes, there is nothing wrong with depending on other people, for example, family who helps our business in terms of finance, but you shouldn't be too comfortable with help from parents, because we have to learn to be independent to deal with everything, and also someday we will have our own responsibilities that must be faced like having a family.
to start a business needs knowledge related to the business to be started, because it can reduce the risk of losses that will occur, if you open a business without any knowledge, it will make the business run not smoothly, there will be problems that are not resolved because of the absence of good knowledge. This will be a problem in the future if you open a business without the slightest knowledge, unless we are ready for the big risk or let's say failing in running a business. But I'm sure everyone who starts a business must learn things related to the business they will start.
Starting a business isn't something one just jump into all because he wants to have something doing to earn from. There are steps to be followed. First, you have to be ready in the mind to incurr both profit and losses, acquire knowledge on the generality of business ethics. Not all businesses seems rosy, some will take a while before it booms, it's not controlled intentionally by you, there are factors. Then afterwards, you broaden your knowledge on the business area you prefer. It is advisable to start small before expanding. When the capital comes, one doesn't necessary have to jump from level 1 to level 5 in his thoughts of business. Take it step by step. For first timers, take a trial with the littlest if business and see how well you're able to manage it before you can convincingly upgrade. You don't necessarily have to make it look same as others. It can be small but unique.
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shinratensei_
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November 22, 2023, 01:10:42 AM |
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Small scale business ideas can be implemented based on what you know well and in what service you master. People used to try different business that they aren't used/worked. That is real risk, whether it is small scale or starting from the scratch it is good to go with business that we have better knowledge. When we get into business that we don't have much of knowledge we need to depend on someone else. If they fail to be punctual, it could ruin our business.
true, there's reason why so many businessman out there actually acquiring knowledge and connection from when they was till an employee because all those things they gained could easily make their business have higher rate of success, imagine having all that required knowledge alongside list of potential clients that they could somehow convert into their loyal customer then you're set already, your business destined to be a success. but someone starting from scratch without sufficient knowledge you know what would be the outcome, absolute loss because they don't even have any idea what they themselves are doing while the clients are expecting some outstanding service at cheap rate, they already fail at giving the outstanding service so the cheap rate means nothing therefore they have no chance from the very beginning.
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Uruhara
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November 22, 2023, 06:19:10 AM |
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If you already have a thorough plan for material deficiencies, the business must be ready to accept the conditions, don't expect the main advantages of the process to rarely survive. For example, if have a business plan that is just an idea without theory in the field, it will only waste time thinking. A business does not have to be started from a large and strong capital that must be allocated appropriately, and at the expense of time which will be difficult for beginners to get through.
Sometimes having the courage to start, even with only small capital, can be an important point in building a business. Because there are many people out there who already have theories, plans and even capital. But they are very afraid to start a business. They are afraid of failure when they haven't even started. Starting a business is about taking risks. And risks can be minimized with careful planning and adequate insight. Small capital is not a problem if we start from a small business. But even though it's a small business and with small capital. But you still have to have reserve capital. Because when we start a business at the beginning, we won't immediately get a lot of profit. Because at the start of our business we focus more on building trust and attracting consumer interest and making them become customers. So this is where reserve capital is needed when our business starts to get busy with visitors and we need additional capital.
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slapper
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November 22, 2023, 08:11:54 AM |
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If you already have a thorough plan for material deficiencies, the business must be ready to accept the conditions, don't expect the main advantages of the process to rarely survive. For example, if have a business plan that is just an idea without theory in the field, it will only waste time thinking. A business does not have to be started from a large and strong capital that must be allocated appropriately, and at the expense of time which will be difficult for beginners to get through.
Sometimes having the courage to start, even with only small capital, can be an important point in building a business. Because there are many people out there who already have theories, plans and even capital. But they are very afraid to start a business. They are afraid of failure when they haven't even started. Starting a business is about taking risks. And risks can be minimized with careful planning and adequate insight. Small capital is not a problem if we start from a small business. But even though it's a small business and with small capital. But you still have to have reserve capital. Because when we start a business at the beginning, we won't immediately get a lot of profit. Because at the start of our business we focus more on building trust and attracting consumer interest and making them become customers. So this is where reserve capital is needed when our business starts to get busy with visitors and we need additional capital. Capital is important, but mindset is too. Risk-taking is essential yet often feared. You're right about reserve capital as a safety net for early storms. However, there's more. Understanding cash flow is essential for ongoing operations before profitability. Starting a business takes bravery and planning. Many ignore this dualism. Reserve capital is more than financial security; it gives entrepreneurs psychological comfort to take calculated risks without fear of failure You're revealing another company strategy by emphasizing trust and consumer interest. Is it a long-term game? Initial profits are hard to find, but connections are the prize. This method prioritizes lasting growth over instant gains. Although earnings are important, the first phase is about value and client acquisition. That's the foundation of successful businesses. Business strategy's delicate but crucial feature is often overlooked in the dash for rapid profits
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red4slash
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November 22, 2023, 10:01:23 AM |
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If you already have a thorough plan for material deficiencies, the business must be ready to accept the conditions, don't expect the main advantages of the process to rarely survive. For example, if have a business plan that is just an idea without theory in the field, it will only waste time thinking. A business does not have to be started from a large and strong capital that must be allocated appropriately, and at the expense of time which will be difficult for beginners to get through.
Sometimes having the courage to start, even with only small capital, can be an important point in building a business. Because there are many people out there who already have theories, plans and even capital. But they are very afraid to start a business. They are afraid of failure when they haven't even started. Starting a business is about taking risks. And risks can be minimized with careful planning and adequate insight. Small capital is not a problem if we start from a small business. But even though it's a small business and with small capital. But you still have to have reserve capital. Because when we start a business at the beginning, we won't immediately get a lot of profit. Because at the start of our business we focus more on building trust and attracting consumer interest and making them become customers. So this is where reserve capital is needed when our business starts to get busy with visitors and we need additional capital. The first step must be taken when starting a business and usually the first step is the most difficult step to take. If we don't have a lot of courage to take that first step, then certainly we will never do the business that we have in our heads that we have designed in such a way. It is undeniable that the first step is indeed the most difficult step, because it will determine whether we can move forward or not, regardless of whether we will be successful with our business or vice versa. But if we never take the first step, then we will never know what will happen.
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EarnOnVictor
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November 22, 2023, 10:48:45 AM |
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Do you have a small business idea? or business experience? I want to hear it
There are many small-scale business ideas that I can ship in for you but the location you are matters, regardless, I believe that anyone could still be successful with food and pastries if such a person plans it very well. This is a business idea that is not capital-intensive if you do not want to go into the deep creative business. You may want to do the following; 1. Learn the business from the best. 2. Know your budget 3. Find the right locations for your vision and pick the best 4. Know the kind of people you need to run it and employ them. 5. Then do your marketing if needed. 6. Write at the back of your mind that good relations and best services thrive a business at best Besides, Importing and Exporting is another good one that is thriving in my country. If you have the needed resources, you can get started and make your money easily.
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junder
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November 22, 2023, 11:13:39 AM |
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And I hope not everyone who starts a business depends on other people. yes, there is nothing wrong with depending on other people, for example, family who helps our business in terms of finance, but you shouldn't be too comfortable with help from parents, because we have to learn to be independent to deal with everything, and also someday we will have our own responsibilities that must be faced like having a family.
to start a business needs knowledge related to the business to be started, because it can reduce the risk of losses that will occur, if you open a business without any knowledge, it will make the business run not smoothly, there will be problems that are not resolved because of the absence of good knowledge. This will be a problem in the future if you open a business without the slightest knowledge, unless we are ready for the big risk or let's say failing in running a business. But I'm sure everyone who starts a business must learn things related to the business they will start.
Starting a business isn't something one just jump into all because he wants to have something doing to earn from. There are steps to be followed. First, you have to be ready in the mind to incurr both profit and losses, acquire knowledge on the generality of business ethics. Not all businesses seems rosy, some will take a while before it booms, it's not controlled intentionally by you, there are factors. Then afterwards, you broaden your knowledge on the business area you prefer. It is advisable to start small before expanding. When the capital comes, one doesn't necessary have to jump from level 1 to level 5 in his thoughts of business. Take it step by step. For first timers, take a trial with the littlest if business and see how well you're able to manage it before you can convincingly upgrade. You don't necessarily have to make it look same as others. It can be small but unique. To earn income, of course they have to learn things related to the business or business they will run, by learning the related aspects, it can minimize the losses or risks that will be experienced. And learn how to manage income and expenses, to avoid losses and bring profits to the business being run. It may not take a short time to produce a thriving business, of course it takes a long time to develop a business that is run. As fast as the business is run to develop, in my opinion, everything takes a long time, it is impossible with a short time for a business that has just started to be big. It takes a process of time to achieve satisfactory results. That's right, they can't jump all at once, they have to follow the flow by running the business gradually like you said step by step. Even though the business is small, if they can manage everything well, it will result in developments that make the business profitable.
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Uruhara
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 22, 2023, 12:48:13 PM |
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Sometimes having the courage to start, even with only small capital, can be an important point in building a business. Because there are many people out there who already have theories, plans and even capital. But they are very afraid to start a business. They are afraid of failure when they haven't even started. Starting a business is about taking risks. And risks can be minimized with careful planning and adequate insight. Small capital is not a problem if we start from a small business. But even though it's a small business and with small capital. But you still have to have reserve capital. Because when we start a business at the beginning, we won't immediately get a lot of profit. Because at the start of our business we focus more on building trust and attracting consumer interest and making them become customers. So this is where reserve capital is needed when our business starts to get busy with visitors and we need additional capital.
The first step must be taken when starting a business and usually the first step is the most difficult step to take. If we don't have a lot of courage to take that first step, then certainly we will never do the business that we have in our heads that we have designed in such a way. It is undeniable that the first step is indeed the most difficult step, because it will determine whether we can move forward or not, regardless of whether we will be successful with our business or vice versa. But if we never take the first step, then we will never know what will happen. Thinking a lot before doing something is very good, but sometimes thinking too much can also make someone more afraid to take steps. And yes, this first step is actually always a barrier for anyone who wants to have an independent business. If we can tear down this wall then we have succeeded in taking a step forward. In fact, many people actually prefer the safe zone be remaining employees and do not dare to take steps to get out of their comfort zone into a more challenging zone such as opening an independent business. Starting a business is not a safe zone. But it will provide opportunities to get better things in the future if we succeed. In contrast to being an employee, we can only live a monotonous life while hoping that we can continue working as employees and they feel safe because they are permanent employees, but they forget that if the company they work for goes bankrupt then they will suddenly lose their job. So actually everything has its own risks.
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Davian144
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November 22, 2023, 02:18:38 PM |
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If you already have a thorough plan for material deficiencies, the business must be ready to accept the conditions, don't expect the main advantages of the process to rarely survive. For example, if have a business plan that is just an idea without theory in the field, it will only waste time thinking. A business does not have to be started from a large and strong capital that must be allocated appropriately, and at the expense of time which will be difficult for beginners to get through.
If the capital allocation is very appropriate for running a business, I don't think there will be any obstacles that can prevent the business from running, unless the amount of capital is too small. Because every business also has a certain amount of capital when someone wants to run it, even though some people have said that this business can be run with small capital. But don't think about opening a cafe or restaurant with capital of $100 because it definitely won't be enough unless it's just for trading on the side of the road. For those who want to open a business, of course there must be more careful calculations through theory first or before someone can open a business directly. Because every theory that has been considered correctly, still needs to be proven by execution by the business owner himself so that he will not waste too much time just writing the theory.
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