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what to sell in Perth,?
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what to sell in Perth,?
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| 16/12 2013 13:50
If you plan to open a business, surely you have some idea of the type of business that would suit you. The business has to interest you, it's just not a way to make money because, it's that's all you want, the business will fail very quickly. What sort of hours do you want to work? For instance, a cafe or any sort of food shop would have to to open early and close late in order to get the most customers, but other shops might get away with being open from 9am to 5.30pm. Small businesses have a very high failure rate because owners know very little about running a business, and very few have the cash available to get through the hard times. You need a product people want to buy. Then you need to learn a lot about wages including award rates; overtime rates; superannuation; workers compensation. Then bookkeeping, where to source your stock, how to find and rent a shop and modify it for your business. And, given the high level of Internet shopping in Australia, will your business be able to compete. So the first thing to do is find a small business course at your local TAFE. After that you might have an idea of what you want to sell, and whether small business for you.
| 16/12 2013 16:51
Get involved with something that you know and really like. Otherwise, you are doomed to failure.
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