T Nation

Starting a Business

If you were going to start a business what would it be and why?

[quote]Joe84 wrote:
If you were going to start a business what would it be and why? [/quote]

it would involve what ever i felt the most knowledgeable about, so long as research showed a business would be profitable.

i’d probably pick a service based business over a product though.

buying or manufacturing product is very expensive for a start up business and carries the most risk.

once you buy all the supplies, the product or borrow to do so, you have used or owe all the money.

if your business flounders, you have to pay everything out of your pocket.

with a service, you just fold at minimal financial cost, check your pride and try something else.