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I need help .I wanna start my own business so I need sponsorship. I'm 22years old I have a business plan already

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Posted on Jan 02, 2017

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SOURCE: planning to start auto parts

Check out your competition first.
Know what you're going up against or you'll go down fast. The big guys can afford to buy cheap and sell cheap.
Don't expect to get rich running a small business. You'll also be putting many long hours into it. It's not a 9 to 5 hour thing like a regular job. You put everything you got into it at high risk, so you really need to consider it.

Posted on Feb 14, 2011

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Commencing a business involves research, planning, and logistical issues. In most cases, you want to do researching the market to find out issues like the potential size your market, prices, etc. You need to create a written strategic business plan which describes/informs your company's story, including its business, financial and market-related particulars.

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If you want to start a small business based on selling thing (Gadget), you should consider to gain experiences and reputation through popular online marketplace such as Ebay and Amazon. After you get some feedback and experiences through those online marketplace, you can consider to open your own websites, these will make your business looks more professional and reliable instead.



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