What is your opinion on starting a business at the last quarter of the year? (2)

[Rruchi man]

Please just state your opinion without trying to advise me as a reply;

How do you consider the last quarter of the year? A time to take more financial risk or be reserved and more cautious.

It is the opinion of some people that the last quarter of the year is a time to gather and save up money for the expenses of the festivities, and January can be tough. What do you think about starting up a business in this last quarter of the year as someone who is an average income earner?

[Fortify]

Please just state your opinion without trying to advise me as a reply;

How do you consider the last quarter of the year? A time to take more financial risk or be reserved and more cautious.

It is the opinion of some people that the last quarter of the year is a time to gather and save up money for the expenses of the festivities, and January can be tough. What do you think about starting up a business in this last quarter of the year as someone who is an average income earner?

The time of year you start a business should really be irrelevant to your planning, unless you can somehow get benefit - like cheaper goods at this time of year or targeting a particular seasonal audience. Most people simply focus on having a good concept and your personal finances should not really factor into the equation, if they do then maybe you should not be starting a business or consider taking a business loan. In reality the longer a business has been operating, the sooner you can establish whether it is viable and you will need to get through every season eventually so what better time to learn than now? I thought this was a question about tax years to start with but you seem purely focused on the actual calendar year.

[Zoomic]

My decision to start a business during the last quarter of the year will depend on the nature of business. In my country, during the last quarter of the year, people shop for clothes and food items alot. If my choice of business is any of those that will gain more patronage during that period, then I will see the last quarter of the year as a perfect time to commence my business, gain visibility and make cool money to sustain me in the business. Not all businesses will strive during the last quarter.

Another thing to consider is the availability of suppliers. You might have a good business plan but if there are no good suppliers with a fair price for their products or no suppliers at all, you might as well wait till you are sure of a trustworthy supplier.

The availability of capital determines if there will be a business or not.

[Egii Nna]

Starting a busy deals with a lot of consideration, which one is the consider the nature of you business, so that you can know the best time to start up the business. Starting a business in the last quarter of the year is never a bad decision, because in the festive season almost everything are needed in the higher demand. So it will be a nice opportunity to get a lot of patronage and also a good profit. But in the other side, if the business has nothing to do related the festival, and you have enough to open the business then is a go. Because the best to do if to start the business.

[o48o]

Please just state your opinion without trying to advise me as a reply;

How do you consider the last quarter of the year? A time to take more financial risk or be reserved and more cautious.

It is the opinion of some people that the last quarter of the year is a time to gather and save up money for the expenses of the festivities, and January can be tough. What do you think about starting up a business in this last quarter of the year as someone who is an average income earner?

Depends what your business does. Does it have something to do with selling something in Christmas? Is the product, or are the products even ready for Christmas? If so, then you are competing with lots of other businesses that had more time to prepare for christmas sales, so your sales might be bad, no matter if you have a ready project

No matter what that business does, i guess one benefit comes to mind, and that is tax deduction right away, from for all the expenses that come from the building the business. But that's the only upside from it that i can see. Imho timing should be depend on other things, like when the product is ready and right contacts aligned.

[Alone055]

Please just state your opinion without trying to advise me as a reply;

How do you consider the last quarter of the year? A time to take more financial risk or be reserved and more cautious.

It is the opinion of some people that the last quarter of the year is a time to gather and save up money for the expenses of the festivities, and January can be tough. What do you think about starting up a business in this last quarter of the year as someone who is an average income earner?

The answer from every individual regarding this query would be different based on their geographical and cultural differences. People from one region might have festivals in the last quarter of the year whereas people from other areas might not have the same situations. So if I tell you that there is nothing wrong with starting a business in the last quarter of the year, it might not suite your conditions and situation because you might have more festivals which would require you to have more expenses, hence more savings needed.

So the right thing to do would be to either mention your region or ask people around where you live if it is a good idea to start a business in the last quarter or not. Other than that, one should also check their financial capabilities before making a decision. Since you asked about an average income earner, it usually becomes difficult for a person with an average income to both save and start a business. So if you go for savings, you won't be able to do the other, vice versa.

[sunsilk]

It's a good season to start a business. If you are into a seasonal business then last quarter is actually a good time to do something that you think will have good results. So, you have to choose what type of business you're going to do.

The choice is obvious and you have to consider whether it's a good one during this quarter because you know bonuses are everywhere, holiday season.

That's when companies are giving more incentives to everyone so, the choice is yours. All you need to do is to start and don't delay it.

[Odusko]

This depends on individuals and your level of preparation, because as far as I know the time of the year doesn't contribute in any ways to either the success or failure of a business and all that is needed to start a business is your preparation, so for that you are free to start up you business or investment anytime you feel you already have the ability to contain such risk and being able to handle it until you become successful, because there is no business with it own Unique struggle and hustle and for that we need to get all the preparation in place before venturing into that said business, and unlike cryptocurrency which can be invested in by a newbies and still be able to manage to accumulate a profits on the long run, business on the other hand doesn't work that way, in business you have to make all necessary contributions and physical commitment to see the business succeed, so before you talk about the timing of the year be it last quarter or first quarter, first of all take the time to build the blueprint of the business because that is the only tool that aid your success in that business on the long run.

[Jemzx00]

Depends on the business that you're about to run. With the upcoming festivities and holidays coming up in the last quarter of the year, there are certain nature of businesses that boom that people take advantage to. If you're business if within and are in season, I suggest that you go for it making sure that you'll be able to keep it since next following could be the busiest part of the year.

On most cases, it doesn't really matter when you start your venture on business as long as you're capable to run it knowing full well of the risk and there are seasons where your services or products may not perform well.

[CryptopreneurBrainboss]

It is the opinion of some people that the last quarter of the year is a time to gather and save up money for the expenses of the festivities, and January can be tough. What do you think about starting up a business in this last quarter of the year as someone who is an average income earner?

I see the last quarter of the year as one of the times to start up a business and you'll be successful but it depends on the businesses that you're involving in.

The last quarter of the year comes with festivals, parties and travels, therefore starting a business that focuses on this areas can make you money. You can also go into hospitality business as people tend to travel more during the last quarter of the year.

You can start fashion business to sell cloths and other accessories that people love to wear during this period and you'll make money. Every quarter has a business that suit that time of the year, all that's required of you before starting a business is to do some research and make sure you aren't just throwing money away.

[mirakal]

I don't think it does matter a lot. What's more important is what kind of business to build and the perfect location for it, and of course having a quality product and a competitive price will attract more customers to enter in your store and bite your offer.

However, if your business is all about decors and everything that beautify the house, or sumptuous foods that will be serve perfectly during holidays, I guess you will make an edge over other businesses.

[Miles2006]

Like I mean if you’re sure the business will yield profit there’s no better time starting a business, both first and last quarter can be considered. For example just as mentioned by the op festive season requires a lot for those who care but saving for something important is good. Sincerely speaking if anyone should start their business during the last quarter of the year knowing it’s the time price of every goods increase higher compared to other season profit is guarantee but still depend on the starting amount.

[SamReomo]

What do you think about starting up a business in this last quarter of the year as someone who is an average income earner?

In my opinion, there's nothing wrong in starting a business in even the last quarter of the year. A business can get success even if it's the last quarter of the year, and similarly a business can be failed if it's started in first quarter of the year. It depends on the person who starts the business, if he/she is good at doing that business and its marketing then surely he/she will earn profits from it even if it's started in last quarter of the year.

[TopT3ns]

What do you think about starting up a business in this last quarter of the year as someone who is an average income earner?

In my opinion, there's nothing wrong in starting a business in even the last quarter of the year. A business can get success even if it's the last quarter of the year, and similarly a business can be failed if it's started in first quarter of the year. It depends on the person who starts the business, if he/she is good at doing that business and its marketing then surely he/she will earn profits from it even if it's started in last quarter of the year.

Indeed, In the last quarter I see that starting a business is a possible step in case if the strategy is rather developed and experience in managing business and its promotion is acquired. There are plenty of opportunities which can be actively used at the end of the year, because there are different momentum, including holidays, end of the year sale promotions and other shifts in behavior among consumers. These opportunities, if well exploited open avenues for new business to gain attention faster in order to introduce a product or a service to the market. There is nothing wrong with looking at the end of the year as a trial, to see what is effective before moving on to the next quarter with more certainty.

It is for this reason that the success of a business probably more than anything else relies on the proper our interaction and manipulation or management of various factors that surround the business entrepreneur and execution creativity not the time when it begins. Taking into account the condition in the market and the fast response to the consumer needs we still have rather great opportunity to succeed even if the business started at the end of the year. Long term sustainability is achievable in this business, if only adequate attention can continually be accorded to it as well as the provision of quality products backed by pro-active promotion strategies. Starting in the last quarter, is very challenging and has the potential to become a good strategy if we are focused and willing to exploit the chances available.

[TastyChillySauce00]

I think people spend more money at the last quarter of the year, personally I think anytime is a good time to start business, what matter is testing whether the product we offered has a place in the market and there's no better time than the last quarter of the year where everyone just trying to buy something and spend their hard earned money for their loved ones, if i were a businessman I wouldn't continue the business if I can't make a good sales at the month of december frankly .

so really I think taking financial risk around this time is actually pretty okay.
I just think that these idea of starting business around certain specific quarter is just a superstitious thing.

[Botnake]

Business is different from your personal life or expenses, so it should be treated differently. That’s the principle I learned when studying for my finance course. As a businessman, you can start anytime you see an opportunity. Now, regarding starting a business in the last quarter of the year, here are some positive and negative aspects based on the situation in our country.

Positive: During the holiday season, people love to spend, which means your business could see a boost in profitability.
Negative: On the flip side, you’ll have to pay for the business permit for the entire year, even if you can only benefit from it for one quarter.

But if can weight that you'll gain more benefits over the expenses (permits), then you should start your business.

[tottong]

How do you consider the last quarter of the year? A time to take more financial risk or be reserved and more cautious.

Depending on where you are using it and if it is a business like the title you load then you need to see what kind of business can provide less risky profits.

It is the opinion of some people that the last quarter of the year is a time to gather and save up money for the expenses of the festivities, and January can be tough. What do you think about starting up a business in this last quarter of the year as someone who is an average income earner?

First identify what kind of business you want to develop because sometimes not all types of businesses can grow in any quarter and I rarely see people talking about quarters when they want to grow a business, because all you need to do is see whether the business opportunity is needed or not in that environment.
Strangely enough before starting they are already making plans for celebrations and that is not the type of successful businessman in my opinion because businessmen do not see celebrations first but develop so that the business grows.

[Fiatless]

Please just state your opinion without trying to advise me as a reply;

How do you consider the last quarter of the year? A time to take more financial risk or be reserved and more cautious.

I don't operate a business based on time and seasons because opportunities can come at any time of the year. The belief that one needs to be more cautious towards the end of the year looks like a myth to me. I am open to taking risks or being cautious at any time of the year.    

It is the opinion of some people that the last quarter of the year is a time to gather and save up money for the expenses of the festivities, and January can be tough.

For me, I don't gather money to spend on pleasures because I don't have such extra funds. The reason why people see January as tough is that they spend more than they can afford during the festivities in December. January is not tough for me because I don't waste money on Christmas celebrations, so there is always enough to use in January.          

What do you think about starting up a business in this last quarter of the year as someone who is an average income earner?

It will depend mainly on the type of business. Investing in clothing, Christmas items and farm animals will be a good one in my country in the fourth quarter.  

[Hatchy]

Please just state your opinion without trying to advise me as a reply;

How do you consider the last quarter of the year? A time to take more financial risk or be reserved and more cautious.

It is the opinion of some people that the last quarter of the year is a time to gather and save up money for the expenses of the festivities, and January can be tough. What do you think about starting up a business in this last quarter of the year as someone who is an average income earner?

It's actually the festive period and a lot of persons at this time are working harder to have something during the celebrations. One can still do something nice that would be productive but it would be something that people would really be in need of during the period. The beginning of every year is always tough. Especially January to be precise and most times its best to gather enough now and wait for it. What I've seen most investors do is that they make plan for that one month like keeping some !money down. So yes it's a good idea to start something now..

[Findingnemo]

Starting a business is the next big step, and if you want to hold onto it because of the spending that may come due to the holiday season, then I would call it financially irresponsible. Just look from a different perspective if it is festive season then people will be spending more money so it could be the perfect time to start a business which is like a headstart if the business is related to consumer products. Only things is you need perfect plan and adequate capital to have the stocks that people will be looking to spend their money.