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  1. #1
    anaBROLIC's Avatar
    anaBROLIC is offline Only The Strong Survive
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    any small business owners?

    Hey guys. I am 26. I have been in retail for about 10 years now. i have been a store manager for some time also. I would say I am very knowledgable when it comes to understanding numbers and how to operate. My goal within the next few years is to become my own boss. Idealy i would love to own a bar/resturaunt but for now i would like to start smaller. Anyone have any ideas of something small but profitable? Low startup costs? I was thinking about looking into the possibilities of a liquor store but havnt really done much research yet. just an idea. Any input would be great.

  2. #2
    Older lifter is offline Anabolic Member
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    I have some businesses, just want to remind you not to discount manufacturing, one of my businesses is more retail (restaurant and small bar) the other is a supplier business, i get much less headaches from the supplier one than the other (and more money)

    I am not in the states so i will leave ideas to people that know your country..

    Good luck to you and be wise...

  3. #3
    gst528i's Avatar
    gst528i is offline Senior Member
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    ^^^^ what he said. seriously don't invent fire, just re-invent the wheel. Not sure if your understand what i am trying to say. Do what you know best but find your niche. Find something that you know and do it better than others.
    good luck dude

  4. #4
    DNoMac's Avatar
    DNoMac is offline Senior Member
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    Make sure your credit is sweeeeet!

  5. #5
    J431S is offline Banned
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    Quote Originally Posted by anaBROLIC View Post
    Hey guys. I am 26. I have been in retail for about 10 years now. i have been a store manager for some time also. I would say I am very knowledgable when it comes to understanding numbers and how to operate. My goal within the next few years is to become my own boss. Idealy i would love to own a bar/resturaunt but for now i would like to start smaller. Anyone have any ideas of something small but profitable? Low startup costs? I was thinking about looking into the possibilities of a liquor store but havnt really done much research yet. just an idea. Any input would be great.

    how much capital do u have on hand? what's your credit score? Do u have a good credit line? where are u located, big city or small town?

    here are some possible ventures:
    1. operating a car wash facility on a busy traffic space 2. running a small elecronic retail store that competes with Radio Shack 3. starting a donut shop in downtown area 4. another option is tire shop.

    By the way- have u ever heard of SWOT analysis?

    what's your thought
    Last edited by J431S; 12-27-2008 at 12:52 AM.

  6. #6
    AnimalGear's Avatar
    AnimalGear is offline Little Monster in the making
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    not to hijack the thread, but this thread intrugues me b/c I am in my third year of college and want to open a coffeehouse/cafe a few yrs after graduation. I am almost ready to write my business plan and I know a few prominent ppl in my community that can help me with this.

    we just need to make sure the market is right for entrepreneurs

    goodluck

  7. #7
    AnimalGear's Avatar
    AnimalGear is offline Little Monster in the making
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    He won't need a SWOT analysis -- he's not running a corp

  8. #8
    J431S is offline Banned
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    why do u think startup entrepanuers should not analyze their strength, weakness, opportunities and threats in a business trade of their choice against any competition in a turbulent economy?
    Last edited by J431S; 12-27-2008 at 01:30 AM.

  9. #9
    amcon's Avatar
    amcon is offline physical pain is temporary. It may last a minute, or an hour, or a day, or a year, but eventually it will subside... The pain of quiting will lasts forever!!
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    have you ever done mlm or home based businesses?

  10. #10
    J431S is offline Banned
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    Quote Originally Posted by AnimalGear View Post
    not to hijack the thread, but this thread intrugues me b/c I am in my third year of college and want to open a coffeehouse/cafe a few yrs after graduation. I am almost ready to write my business plan and I know a few prominent ppl in my community that can help me with this.

    we just need to make sure the market is right for entrepreneurs

    goodluck
    u don't need college education to open a cafe, animalgear, but it 'd certainly help in many other aspects. what u need is the right "location" plus a small capital to startup your operation to achieve your business vision: cafe.

    for free consultation don't hesistate to send me an email or ask any business question.
    Last edited by J431S; 12-27-2008 at 01:33 AM.

  11. #11
    Kratos's Avatar
    Kratos is offline I feel accomplished
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    I'm a small business owner, but I'm not sure I would call your mom small

  12. #12
    AnimalGear's Avatar
    AnimalGear is offline Little Monster in the making
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    Quote Originally Posted by J431S View Post
    u don't need college education to open a cafe, animalgear, but it 'd certainly help in many other aspects. what u need is the right "location" plus a small capital to startup your operation to achieve your business vision: cafe.

    for free consultation don't hesistate to send me an email or ask any business question.
    Thanks J, that would be awesome, i may eventually need to talk to you about it...and you're right, a SWOT isn't just for corps!

  13. #13
    J431S is offline Banned
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    good luck man.

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