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?
Lv 5
? asked in Business & FinanceSmall Business · 9 years ago

What are some good ideas for starting my own business?

I don't have any capital, so would have to start small.

What is needed in today's world?

For example, there's already plenty of coffee shops.

4 Answers

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  • Anonymous
    9 years ago
    Favorite Answer

    Um you can start up your own ice cream parlour ?

    Or a Cafe ? Selling some really well cooked meals. Because in this way your product will develop a USP. And because of product differentiation your product will develop a product differentiation.

    Do a Market research. You can go for primary Market research and actually see wha people in the Market want. In this way your business will have less chances of failing.

    Also make sure you do good branding of your business. Because it's very essential.

    I hope your business succedes and you turn out to be a good entrepreneur.

    Best of luck with whatever you choose.x

    Source(s): I have business studies as my subject ^_^
  • .
    Lv 7
    9 years ago

    Without capital would have to be online I think. Everything else costs $ in the physical world. Even online you have to pay for a website & domain (though very minor expenses).

    Try something you are at least passionate about so that you will do well. Also be really careful about spending $ on ads because those costs can clean you out if you let them.

    Source(s): Former small business owner. Starting up a new business.
  • !
    Lv 7
    9 years ago

    Cleaners for private houses are always in demand. Advertise yourself with some neat, smartly-written cards which can usually be displayed free on the community boards of supermarkets, or for a small fee in newsagents' windows. OK, this may not be the career option you had in mind, but so what? You don't have to do it for ever, and it offers flexibility. The householder provides the equipment so you just need to get there on foot or by bike.

    Have a look at http://www.hmrc.gov.uk/selfemployed/tmastarting-up... to check you are staying on the right side of the taxman.

  • ?
    Lv 7
    9 years ago

    Sadly no capital means no business

    you need capital for start up costs, even advertising

    What business you start depends on your skills and experience

    so think along these lines, save money and then make a decision

    Source(s): small business owner
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