any small business owners?

**anaBROLIC** · 12-23-2008, 10:38 PM

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.

**Older lifter** · 12-23-2008, 10:56 PM

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...

**gst528i** · 12-23-2008, 11:17 PM

^^^^ 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

**DNoMac** · 12-24-2008, 12:14 AM

Make sure your credit is sweeeeet!

**J431S** · 12-26-2008, 09:07 AM

Originally Posted by anaBROLIC

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

**AnimalGear** · 12-26-2008, 10:03 AM

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

**AnimalGear** · 12-26-2008, 10:05 AM

He won't need a SWOT analysis -- he's not running a corp

**J431S** · 12-27-2008, 12:57 AM

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?

**amcon** · 12-27-2008, 01:03 AM

have you ever done mlm or home based businesses?

**J431S** · 12-27-2008, 01:08 AM

Originally Posted by AnimalGear

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.

**Kratos** · 12-27-2008, 01:12 AM

I'm a small business owner, but I'm not sure I would call your mom small

**AnimalGear** · 12-27-2008, 10:24 PM

Originally Posted by J431S

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!