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

[Jawhead999]

I don't think there's a difference between starting a business in Q1,Q2,Q3,or Q4, this also depends on the business you want to create.

Let's say you want to sell wool scarf, selling in Q4 is the best time because it's winter, people will buy your product to make their body warm.

I'd say better to take a look with the economy of people around you, many people said the economy isn't as great as before because now some people fall into gambling addiction and gambling in shitcoins, which make people have less money to buy something.

[Cryptomultiplier]

One should first have to know that there are different kinds of businesses of which some are seasonal while others aren't. We are entering the yuletide season and unless the kind of business you intend to start at this quarter is designed for the season, there won't be much profit to collect.
Infact, any business being started at this time isn't expected to take in much profit, but that shouldn't deter you from starting anyways because innovation and improvising on the methods you adopt to operate your business may offer you much more insight as to how you can properly arrange you self to make profit.

[NurseHub]

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?

Starting up a business in the last quarter of the year is also a nice idea. All I need to look out for is what really sold a lot doing the last quarter. Seasonal business. At a Christmas season, I can start up with sales of food items or Christmas celebration attire. This will sell so well doing this time.

The other thing is to imagine starting a pumpkin business or a nice Halloween costume at the beginning of the Halloween season (smile) in a good location. Guys, the sales will be a merit. 

Do your market analysis and start something that will boom as fast as possible. 

[Kelward]

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?

Someone can start a business at anytime and wait for the appropriate season when it'll be in demand. Meaning that you can start most businesses at anytime, so far you have the capital and knowledge of the business. But I can agree that there are some businesses that moves more during the last quarter of the year. You can start them perhaps to cash in on the season and exit when the first quarter starts. If it's your normal business, then you can stock more during this fourth quarter. Example of these businesses are Christmas decorations, fashion that includes clothes, shoes and jewelries, gift items. These are some of the items that I feel will sale very fast in the fourth quarter seasons.

[Inwestour]

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?

I think it all depends on the type of business, if it is something related to sales of goods that are good for gifts, it can be a good idea, because this is the best period of the year for this, at the end of the year people start buying gifts for their loved ones and friends, so everything can work out well. But the following months can be more difficult, so it is worth evaluating not only the coming months, but also the future, so that in the following months the profit received is not spent on expenses, without significant profit.

[Roseline492]

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?

Any quarter of the year can always be good for a business but for me I rather start my own business from the first quarter because those period are the moment were goods and services are being sell on a more normal price level because by then the demand is not much higher so I will use the opportunity to Stoke my business very well before the last quarter of the year because during the last quarter the demand of everything is usually very high and the profit I would make if I should start up during that time will not be much compared with the one I will have if i had started the business very early because from the first quarter the clothes I will buy for $30 could rise up to $50 during the festive period.

[bakasabo]

Rruchi man, you should give us more information about the business. Because on one hand it does not matter when to start it, as your operation year will start from your business registration, but not from January 1. On the other hand, if your business is seasonable for example, then with opening summer service or product production you should not expect to see profit anytime soon. If you think that end of the years means more vacation or people are less active (this might affect transportation), people spend less or more, and so on, then without having more details on the business you want to open, we cant give proper advices nor able to tell a proper opinion. I would go with basics. Demand and supply. I would start with this. If there is or there is no demand, I will make my decision to start my business from that.

[knowngunman]

Op, I'm sorry to ask this but what's the meaning of (2) at the end of your topic?

AFAIK, starting a business has less to do with part of the year you start it, it has more to do with when the resource is available irrespective of the part of the year. However, the last quarter of the year can be a good tacket to kick-start your business since a lot of purchase happen during this period. Regardless of the business, I see this period advantageous.

You'll have more sell if the business has to do with what people need during this period and on the other hand, you will have more time explore the business and get prepared for the coming year if it has to do with what is less needed at this period. You can actually take advantage of the last quarter either ways.

[benalexis12]

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?

This year of 2024 is very difficult to actually manage a traditional business, and most of what people do are businesses related to food, and others are online marketing such as direct selling, and others are this as we do in the crypto business.

So this last quarter is still the best business to do to get profit. It's still the food business in my opinion because it can be done online or physically in my own assessment.

[Huppercase]

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?

You can't get a specific opinion unless you share what kind of business your friend is trying to set up. Remember there is Black Fridays in November which means therr is going to be bonanza of some items, if your friend falls into these categories of items that will be put to sale in such period, there can be collides and perhaps more supply of what he tries to sell and means low price further and the demand might be even more lower than expected.

On the economical aspect, I'm not sure there is anything to say in third quarter but I know for sure there is going to be alot of money in circulation, people will be willing to spend so, if the person is have anything in mind to do, it's should be something that can be demanding from people and items they can sell very fast to people. If possible, your friend can lend service business to people, like any kind of services that can require during the festive season.

[asriloni]

The last quarter of this year has been so difficult for me, especially in my country. Big companies are collapsing and layoffs are rising. Deflation is spreading. It's the worst time to take financial risks. I prefer to be cautious now.

Starting the business in the last quarter depends on your economy. If your country has no economic decline, start your business in Q4. But, if your country is in the same situation as mine, then wait.

I don't want to kill myself just to take a huge risk that will lead me to fail. Cash is much more important than anything now. 

[coin-investor]

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?

If you're more of a business-minded person than a guy who believes in superstition, anytime of the year is the best time to launch a business. We should take the opportunity when presented to us, and opportunity does not have time and place; you happen to stumble upon the business opportunity or presented to you regardless of the situation.
There are businesses that flourish at the last quarter of the year; the most important is that you fully understand the business and you know how to run a business, The expenses of the festivities will be taken care of if you are in a profitable business

[davis196]

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 depends of the business you want to start. I can't give you any helpful advice without knowing what kind of business you are planning to launch. Do you have a business plan? Do you have enough capital to invest? Are you ready to go thru several months or years of financial loss? Most small businesses aren't profitable since Day 1 and have to survive several months, before they become profitable. Do you really think that starting a business in the last quarter of the year is different than starting a business in the first quarter of the year? If yes, can you please explain why? Saving money for "festivities" doesn't seem like a serious reason for me.

[Rruchi man]

Rruchi man, you should give us more information about the business.

I had no specific business in mind. I just want everyone to express and share their unique opinions on this subject.

Op, I'm sorry to ask this but what's the meaning of (2) at the end of your topic?

The (2) means that I have raised this same topic in another forum, but still want the opinion of people in this forum.

[Wexnident]

~

If you were targeting the festivities that would happen by the end of the year, I reckon it could be something good? Periods that have a lot of festivities are usually treasure troves for businesses that aim to service customers for that specific period. It can depend on what country you live in but for example, in Japan, businesses giving out rental Yukatas would probably be more profitable during the summer. Highly depends on what you're planning to do imo.

And I've never thought of thinking the last quarter of the year to save up money specifically for the festivities. Might be different if you have some sort of big family/gathering though, but even then I don't think YOU need to shoulder everything yourself. Maybe for vacations? But that's saving up for the entire year (or more), not just the end imo.

[Adbitco]

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?

Starting up a business at the last month or ending of the year seems to be a cool move but also we can consider the risk involved because when year getting to end there would be lot of expenses which requires us to save more and to plan ahead the January time as it seems to be very hard during that period, because people who travel has exhausted themselves on festive season just as you had explained earlier, therefore it best to start up a business during the beginning of the year to enable you plan and groom your business wisely carefully.

[Alphakilo]

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 last quarter of the year is a critical period for reassessing priorities, managing finances and setting strong foundation for the upcoming year. Market fluctuations and uncertainty takes place during this period. I will  give opinions on why starting a business in the last quarter. It serves a unique opportunity to establish yourself before the new year begins and strategic move to capitalize on holiday shopping. If you are specific about the business idea and you know your comfort level with risk, then you are to go.

[eightdots]

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?

There is uncertainty in many areas during this period because many companies have not evaluated this year for the next year. Companies, businesses or individuals who are trying to do business take into account the data and this data is usually the year-end reports of previous years. Depending on the job you will do, you should take a look at these reports or if you do not have the chance to access such a report, it may be good to get ideas from people who do a job similar to the job you will do.

Year-ends are generally times when a lot of expenses are made. If you can organize your expenses logically, you may have a chance to enter the new year with a better economy.

[MrEazyLife]

It all depends on the view and plans put in place. I know of most businesses that the owners made the decision during the last quarter of the year. This is them trying to figure out what will be needed as we all know that during the last quarter of the year people save up to get cloths and enough food stuffs for the festive period. Now people try as much as surveying a better place that will be suited for their business and what will be needed at the moment as soon as they start the business so they can start making sales. And then after the festive period they then explore other things they need to add to the business to keep it going.
It all goes down to individual’s efforts and ideas . As this sometimes ends up not favoring others. Which sees one starting a business in the last quarter of the year and Athena few months down the line they’re out of the business

[Jaycoinz]

It all depends on your plans and the type of business you want to start up, personally I wouldn't advice anyone to start any business at the last quarter due to the rush and urgency of how things might be. It's better to kick of that business probably at the first or second quarter of the year but like I said it's all based on plans, there are people that can start a certain type of business at the last quarter and still make a lot of progress with it. Before starting a business it's important to calculate the cost of your investment and the profit you are going to make monthly or yearly.