AccountancyServicesOnline.Com Logo
  home | tax accounting services | business finance | payroll services | contact
Home > What Is The Cheapest Way To Start A Business? > Is It Easy To Start A Business?

 

Is It Easy To Start A Business?

Is it easy to start a business?

I'd say it's both easy and hard to start a business.

Really the most important thing you need is commitment. It takes a certain personality type to run a business.

Take my own small business. I sell software to large businesses. Writing the software was the enjoyable bit (well if you're a computer programmer then you usually enjoy the bits of the job that involve writing programs). What was tougher was all the other bits I had to do to get a piece of computer software off of my hard disk and onto the web so people would actually hand over $50 to buy a copy off of me.

And that involved making the program look nice, writing help documentation, designing a website, marketing the products and answering emails from tentative buyers. All of that took a lot of effort to get the finished software product to actually put money into my bank account.

And as you might have guessed I didn't make a cent from this business until I actually put the "buy now" button on my website. So again, commitment is key to starting a business.

Want to open a restaurant? It's much cheaper to experiment with a street stall!

What you will find is that if you have the certain mindset that is required to start a business, then you'll find it easier to start more businesses in the future. Start with selling cupcakes, then move into real estate or import/export! The sky really is the limit when you start your own business.

As to business ideas, it's generally easier if you start a business based around something you know. So whether it's a hobby or related to your day job, it's best to start with familiar territory.

I now have around 25 small website businesses. They're in a wide variety of niches. Yet they're all centered around things I know about, including software, travel to countries I've visited and helping people recover from health problems I've personally suffered from in the past.

Talking of day jobs - it's often quite easy to start a business based on your day job. If you're an accountant by trade, then why not start your own accountancy service?

Spinning off parts of your day job are also quite lucrative. I used some particular software tools in one day job I had, and I realised that if I built some of these tools myself then I could have a nice little business on my hands.

One other tip is to start small, and start cheap. If you want to start selling items online, then start an eBay store. This is a really cheap way into retail. If things go well, then build your own online store later, but eBay is the best place to start.

It's also a good idea to think cheap. Not all businesses require much in the way of start-up capital. I started my own software business using my home PC and a blank sheet of paper. While many businesses eventually require offices, machinery, accountants and employees, you'll be surprised at how much you can actually achieve on your own. All it takes is a little self-belief.

Comments

Micky on 12 February 2012
Thanks for that information about starting a business.
Jenna on 14 February 2012
Is is easy to start a cupcake business or do u need expensive kitchen equipment ?
Tessa on 22 February 2012
I'd love 2 start a cup cake business.

If you would like to comment on this article then please enter your thoughts below. Leave your name blank if you want to be anonymous. URL is optional.
Your Name:
Your Website URL:
Your Comments:
 
 
 
Offensive or inflammatory comments will not be approved. Note that all hyperlinks are designated as nofollow and comments intended as link spam will not be approved. HTML is not permitted within comments.

Related content: business, start a business, small business

SEARCH WEBSITE
 Search Website

CATEGORIES
Accountancy Services
  Outsourced Bookkeeping

Business Finance
  Business Bank Accounts
  Business Credit Cards

Payroll Services
  Payrolls for Small Business
  Mac Payroll Software

Tax Accounting Services
  UK Tax Advice

OTHER WEBSITES
Business Management Software
Software Documentation

WHAT'S NEW?
Doing Your Own Limited Company Accounts
Free Payroll Software for Small Businesses
Is It Easy To Start A Business?
How Do You Start A Business?
What Is The Best Time Of Year To Start A Business?
What Is The Cheapest Way To Start A Business?
More New Stuff...

© 2010 - 2011 Winnersh Triangle Web Solutions Limited.
Registered company number: 4493816.

Page created Friday, February 10, 2012. Last modified Friday, February 10, 2012.
About AccountancyServicesOnline.com | Site Map | Privacy Policy | Add Your Site
Subscribe to our blog and be notified about new accountancy resources