I'm finishing a management degree, and want to own a small business, but don't know which business is suitable
I'm a single parent and have little experience in business. I'm seriously considering to own a small business, but don't know how I can handle it and what type of business is relevant to my studies of business management. Where can I get supports and assistance. I do research and find most of shops for sale are NOT doing well, but asking for a high price becase most of them going through business brokers. How do find a good shop at a reasonable price and be suitable to my own personal circumstances? Welcome all your comments and responses. Please don't send offended comments.
- TM Express™Lv 71 decade agoBest Answer
Think of all your interests & ask yourself if any of those could be expanded into a business. Just keep in mind...what's your expertise? What are your interests? What could you imagine yourself doing?
What types of management appeal to you? Business? Artist? Project? It could be easier to narrow your search once you focus in on a particular type of management.
By researching the prospect of starting your own business -- what it entails, what you need to know, helpful hints, etc -- you'll feel better prepared to take that plunge.
I found some book titles that are relevant to your specific question:
* 101 Internet Businesses You Can Start from Home by Susan Sweeney
* The Best Home Businesses for the 21st Century by Paul Edwards
* Selling Online: How to Become a Successful E-Commerce Merchant by Jim Carroll
* I Could Do Anything If I Only Knew What It Was: How to Discover What You Really Want and How to Get It by Barbara Sher
* I Don't Know What I Want, But I Know It's Not This: A Step-by-Step Guide to Finding Gratifying Work by Julie Jansen
* This Business Of Artist Management by Jr. Xavier M. Frascogna, H. Lee Hetherington
* The Complete Guide to Special Event Management : Business Insights, Financial Advice, and Successful Strategies from Ernst & Young...by Dwight W. Catherwood, Richard L. Van Kirk
* Careers in Management Consulting: The WetFeet Insider Guide (2005 Edition) by Wetfeet
* The Harvard Business School Guide to Careers in Management Consulting, 2002 by Maggie Lu
I also posted some article links in the source box.
Hope that helps! I wish you much success & happiness in all your ventures!Source(s): http://ezinearticles.com/?5-New-And-Lesser-Known-O... – 5 New and Lesser Known Online Business Ideas by Rojo Sunsen http://www.ezinearticles.com/?How-To-Find-Hot-Onli... – How to Find Hot Online Business Ideas by Jeff Smith http://ezinearticles.com/?Top-7-Home-Business-idea... – Top 7 Home Business Ideas by Jennifer Carter http://ezinearticles.com/?Best-Home-Business-Ideas... – Best Home Business Ideas – How to Choose One by Frederic Madore
- 1 decade ago
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- 1 decade ago
Try the franchising websites. There are a variety of different businesses that are franchised, and you can get an idea of their success to compare to non-franchised businesses. Just as an FYI, the failure rate of franchised businesses is much lower than businesses that are not; often a good way for someone with limited operational expertise to gaid experience and build on success.Source(s): franchising.com franchising.org ownyourownfranchise.com franchisesolutions.com
- Anonymous1 decade ago
Hey. I admire your drive. However, I think you probably need a little practical working experience before you own your own. I would seek out a job that requires interacting with customers and selliing. Why? Because if you own your own business, you ARE the salesperson, and good selling skills are critical to success.
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- Anonymous1 decade ago
Have you investigated this? go pick up magazine from news stand called sucess from home june 2006 issue. It's talk about the most sucessful company for many year. Check following sites, may help you. good support system.
www.thisbiznow.com or contact on 8772713406
- 1 decade ago
first, what businesses do you know? how do they make money? businesses do not match education, sorry. an education teaches you how to think...that is good...experience is what counts. i have a public relations degree...i own a medical supply company...apply virtually none of my education...now that you know how to think (education) remember all tose stupid meaningles term papers you had to do? what did you learn...answer, how to research...if you want to own a business chose areas that interest you and find out everything possible you can about them...in other words write yourself a term paper...the more you know, the better prepared you are to act...most important is how does the company make it's money and what is the driving force behind it?
hertz doesn't make money renting cars...it makes money selling used cars...think about it
- Anonymous1 decade ago
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