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  • #979116
    Praty
    Member
    • Total posts: 6
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    I am newbie here in Flying Solo and this is really a great active forum. I am Analyst and would like to start up my new business. I have no idea on what products should i look into selling, but just desperate to start a business.

    #1112022
    Anonymous
    Guest
    • Total posts: 11,464
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    Hi Praty,

    Welcome to the forum. :)

    To help us get to know you better, please fill in your forum profile in the Control panel, including details of where you’re based (this is a forum for small business owners in Australia). You can access the Control panel from the grey bar above the forum.

    Thanks for joining us,
    Jayne

    #1112023
    Divert To Mobile
    Member
    • Total posts: 2,751
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    Hi Praty

    welcome to the forum, your sure to get some great ideas here.

    Steve

    #1112024
    Zava Design
    Participant
    • Total posts: 1,463
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    Welcome! I’m sure there’s lots of people here with opinions you can bounce ideas off!

    #1112025
    The Hobbit
    Participant
    • Total posts: 309
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    Re: New business startup

    Praty, post: 124932 wrote:
    I am newbie here in Flying Solo and this is really a great active forum. I am Analyst and would like to start up my new business. I have no idea on what products should i look into selling, but just desperate to start a business.

    The key to selling is buying, what can you buy at a fantastic price? Naturally you’ll need to have some empathy with the industry/product, because you are going to have to live and breath the business for at least the first five years; so choose something you’ll enjoy.
    Before committing cash to the project please do a feasibility study and then a business plan. We have a feasibility study manual which is written for tourism related businesses, but the principles are the same for most businesses. There is a free sample of the manual on this page.

    #1112026
    Just Launch
    Member
    • Total posts: 29
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    Putting a business idea into a business plan can not be underestimated. By making it a physical document and going through the process you challenge yourself on certain assumptions and procedures that you had previously glossed over.

    It can be a very rewarding and informative activity.

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