What Business Can I Start?
Many people dream of starting their own business and clearly know what they would like to do. These are people that have a passion for something, love doing it and want to control their own lives. They will never ask the question “What business can I start?”
It could be argued that if you have to ask this question you really shouldn’t be thinking of starting a business! However there are times when I can see that people will ask that question. Sadly many find themselves unemployed or have the threat of redundancy facing them. Finding a new job is not easy especially if you are one of the older generation that employers tend to avoid. For those who want to work but keep getting rejected or can only get low paid work, starting their own business can be a good thing to do.
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I am unemployed – what business can I start?
For those in this situation asking the question ”What business can I start?” should be part of their strategy to earn a living. Here are some tips that will help people arrive at the answer to their question.
The first thing that I would consider is, “can the job that you have been doing be turned into a business?” It is easy to see that an out of work tradesperson could use the same skills in their own business. For others though it is not so easy. If for example you have spent years as a receptionist, administrator or shop assistant then doing the same thing as a business is unlikely.
In such cases you need to list the skills you have and see what can be transferred into a business. You must also be prepared for a complete change and to learn new skills. I know many people that have set up businesses as window cleaners and some as home maintenance persons doing those little jobs that others don’t want or charge a fortune to do. They perhaps had some skills already and topped up by learning new ones along the way. Someone for example who was very good at DIY could use those skills in a home maintenance business. There are some people that get a lot or work assembling flat pack furniture for those that just can’t do it.
There are many hobbies can be turned into businesses as long as there is a market for them. If you have a lot of knowledge about antiques, stamp collecting, can make craft items, repair clocks etc, these are all things that can be turned into a business.
Whatever business you are considering starting make sure that you do your market research and establish that you can succeed. If there is not going to be enough demand or if you can’t charge enough for your service there is no point in starting that business.
What business can I start – should I do what I love?
You might have heard entrepreneurs say “do what you love”. It’s true that if you love doing something then you will enjoy it and it makes running a business involving that love a pleasurable thing to do. Your customers will also recognize your love and enthusiasm for your work which will help in you succeeding.
There are many opportunities for everyone and starting a business is the easy part. The difficulty is finding customers and growing that business so that it can provide you with sufficient income.
There are lots of posts here that will help you in your business so use the search facility to find them so that you can answer the question “What business can I start?”
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