Ally
Member
Registered: 2nd Jul 03
Location: Pontypool Drives: a Skoda
User status: Offline
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Is this hard to do, and whats involved?
Im having abit of a career crisis atm as i really dont know what i want to do.
If anyone could give any advice, would be 
cheers guys
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Pablo
Member
Registered: 3rd Feb 03
Location: Milton Keynes
User status: Offline
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It depends what u wanna do ??? It can be hard, u need finacal backing cos u might not break even within 1st year
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Nismo
Member
Registered: 12th Sep 02
User status: Offline
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Having money is a good place to start.
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Robbo
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Registered: 6th Aug 02
Location: London
User status: Offline
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quote:
Originally posted by P4UL
It depends what u wanna do ??? It can be hard, u need finacal backing cos u might not break even within 1st year
Try might not even break even in ur first 3-5 years 
3 is the average
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Pablo
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Registered: 3rd Feb 03
Location: Milton Keynes
User status: Offline
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Really, My dad has always done it in the 1st year  
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Dom
Member
Registered: 13th Sep 03
User status: Offline
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"You need money to make money" 
so yea, you will need some cash behind you (loan from a bank or fokes if you can, no interest ) and then research in the area in detail.
And if you do, offer the best customer services you can, at the end of the day its your customer that will make your buisness a success
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Robbo
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Registered: 6th Aug 02
Location: London
User status: Offline
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Depends wheteher u can get urself into a niche market but if u go mainstream it will generally take a long time, u need 2 sell products with high usp's an be ferocious an attack a niche market or create ur own niche U need a 5 year business plan now usually for most banks
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Ally
Member
Registered: 2nd Jul 03
Location: Pontypool Drives: a Skoda
User status: Offline
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quote:
Originally posted by P4UL
It depends what u wanna do ??? It can be hard, u need finacal backing cos u might not break even within 1st year
somthing alongs the lines of setting up my own make up/fashion studio.
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Pablo
Member
Registered: 3rd Feb 03
Location: Milton Keynes
User status: Offline
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quote:
Originally posted by Robbo
Depends wheteher u can get urself into a niche market but if u go mainstream it will generally take a long time, u need 2 sell products with high usp's an be ferocious an attack a niche market or create ur own niche U need a 5 year business plan now usually for most banks
My dad recruitment, but he knows everyone in thebright places, he bulit 2 companys in Mk got them goin sold them and then they went down hill  Shows he knows his stuff and its HIm that works his bollox off
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Robbo
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Registered: 6th Aug 02
Location: London
User status: Offline
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There are of course some businesses/industrys that will make u money regardless... plumbing/electrical/recruitment & consultancy etc
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Ally
Member
Registered: 2nd Jul 03
Location: Pontypool Drives: a Skoda
User status: Offline
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At the moment i dont have a clue what to do 
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Pablo
Member
Registered: 3rd Feb 03
Location: Milton Keynes
User status: Offline
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quote:
Originally posted by Ally
At the moment i dont have a clue what to do
U need a proper plan, budget etc....
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Wayne O Mac
Member
Registered: 16th Mar 04
Location: Hull, East Yorkshire
User status: Offline
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Go and have a word at Jobcentre Newdeal.
I used to work there and There used to be a certain amount of support for people setting up new businesses
A friend set up an american sportswear shop with them and its doing quite well
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Dom
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Registered: 13th Sep 03
User status: Offline
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quote:
Originally posted by Ally
At the moment i dont have a clue what to do
do some research first google it, until you cant google no more! then have a look around some studios near you (pretend to be a customer or something) and see what they do, ideas etc
Then work out your budget, equipment, building etc.
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Robbo
Member
Registered: 6th Aug 02
Location: London
User status: Offline
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Alos The Price of Wales trust gives grants 2 young people starting up in business
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Nismo
Member
Registered: 12th Sep 02
User status: Offline
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I want to start a new South West broffel (sp)
Will they help me 
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Ally
Member
Registered: 2nd Jul 03
Location: Pontypool Drives: a Skoda
User status: Offline
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Well ... Im good at making people look nice have a good eye for fashion and design, good with my hands, good with hair and make up, things like that.
Any more info on the prince of wales thingy robbo dude?
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Robbo
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Registered: 6th Aug 02
Location: London
User status: Offline
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http://www.princes-trust.org.uk/
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didjerama
Member
Registered: 25th Feb 01
Location: Brdilington, East Yorkshire
User status: Offline
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interesting, me and a friend are thinking of setting up our own Graphic Design/wed design studio. Cheers for the advice. 
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R Lee
Member
Registered: 15th Aug 03
User status: Offline
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quote:
Originally posted by VisibleMan
quote:
Originally posted by Ally
At the moment i dont have a clue what to do
do some research first google it, until you cant google no more! then have a look around some studios near you (pretend to be a customer or something) and see what they do, ideas etc
Then work out your budget, equipment, building etc.
yup yup yup
thats what i'm doing at the mo. finding a property to invest in. you must do research and check out the market. location is a major factor too
good luck chuck
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Dom
Member
Registered: 13th Sep 03
User status: Offline
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if your really serious then have a look through some Buisness Studies books. That will give you a good under standing of running a buisness and most B.S books will tell you what you need to do to start up a buisness etc.
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