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Dear Irene::
Thank you for your question. The best place to begin is by researching the
market. Start by searching the Internet and the yellow pages to see if there
are similar business out there. If there are, then write down what makes your
business different from the rest. I am sure that you will bring something
different to the marketplace. If you find that the market is truly flooded,
then what service is not being provided today? What you end up with may look
different than what you originally thought, but you may stumble across
something that will be very profitable.
The next thing to review is your expenses. Can you start the business right
away with the cash you have on hand, or will you need to wait? What is your
credit card limit, can you secure a bank loan, or will family and friends help
you get started?
If you believe that this is where you should be, then go with your heart
and make it happen. In life we never get all the answers first, but we do get
them along the way.
Good luck!
Deborah
About the Resident Career Coach:
Deborah Brown is a Career Coach and home based entrepreneur who has been
working with Entrepreneurs, Executives, and Professionals coaching them to
witness results in their careers and their lives since August 1998. She
focuses on having her clients move into careers they love, revive the passion
in the careers they have, and create balance in their lives. She believes that
anything is possible as long as you have a plan and support to get
there. Visit http://www.surpassyourdreams.com
to find out more and to subscribe to her free monthly newsletter and weekly
tips.
The opinions expressed in this
column are those of the author, not of PowerHomeBiz.com. Users should not
treat the Guide's response as legal, accounting, or professional advice as all
answers are intended to be general in nature. Such advice can only be properly
given by qualified professionals who are fully aware of a user's specific
geographical areas or circumstances, such as an attorney or accountant.
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