Sunday, January 10, 2010

New Business Ideas: Previous Analysis - part 1

Searching for business opportunities is one of the most frequent requests and needs that make us reach our customers and subscribers / as.

Also one of the items most votes in polls in portals and sites dedicated to companies and enterprises: Ideas and opportunities to develop new businesses, are they looking for most people

who want to start their own.

Behind this desire is something that is not always explicit and yet is present: a successful formula that allows us to minimize the risk and uncertainty.

Proposals to start a business activity but will have to begin with some reflections and research about themselves: what they would like to start, what profile are as enterprising as to the autonomy, creativity, drive, perseverance, energy and many other features necessary .

It is also important to determine the knowledge and experience of work activities performed, studies, personal preferences, level of commitment to what they do or want to do, financial and economic capacity, time availability, implementation capacity, and so on.

And then evaluate whether to implement any of these ways:

  • Install a retail
  • Being distributors or wholesalers
  • Working in professional services
  • Engage in direct sales of products / services
  • Buying a business already installed
  • Buying a franchise
  • Produce or manufacture any goods or products
  • Partnering with a company to develop a new line of activity
  • Create a partnership with family or partners
  • Develop a supportive or cooperative project, and so on.
You see, there are certain preliminary steps that anyone can do for you. Whether they do or choose, there are always unavoidable aspects to choose what best suits their capabilities.

The available universe of ideas is much broader than in the first instance we can identify or imagine. What we do now will provide an overview of some trends to consider. These trends respond to global trends that mark today's world needs and also allow the visualization options available to you .

It is known that they recognize some personal business premises to consider:
  • Information about the business itself, have as much information as possible
  • The marketing is integrated with manufacturing (direct relationship with the consumer)
  • The outsourcing of services. Be hired externally to reduce costs and ease the management of the company. This depends on the item.
  • SMEs and microenterprises tend to be deficient for lack of advice and field study: costs and prices
  • Do not sell what is produced but produced what sells
  • Characteristics of current employer
  • The quality is not only a requirement for export but is a basic part of the business. It is associated with excellence.
  • Trend towards market concentration: it takes ingenuity, imagination
  • Hazards: falling sales
  • Negotiate leases with caution, makes tax costs from becoming delinquent by force majeure
Extreme sensitivity to economic downturns financial context. Eg Financial Crisis

Alternatives
  • Work to improve service rather than sale
  • Identifying niches
  • Lower fixed expenses to a minimum
  • Caring for the quality, not lower it
  • Select suppliers (those more flexible on price and time)
  • Negotiate leases with caution
  • Shorten the chain links in the manufacturing / marketing
  • Arming purchasing consortia to buy from manufacturers
  • Breaking with the fragmentation and potential use common
  • Implement modern marketing techniques that include promotions, credit cards, tickets versatile.
And the threats will
  • Fixed Costs
  • Tax pressure
  • Social Charges
  • Lack of credit support
  • Import
  • Franchising
Clarify these points, go to general business trends that are not nothing but importance of certain aspects of current society.

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