Quote from: jostorres on September 13, 2017, 02:39:35 PM

Quote from: Tahir Khan on September 10, 2017, 10:46:48 AM

Quote from: Potato Chips on September 10, 2017, 10:44:26 AM

1. to know your target customers, the demographics of a certain location can help you pick what type of business is really needed
2. your location must be surrounded with a lot of people
3. budget- i think it'll be better to start with a small capital then if its a success you can gradually make your business bigger (low risk)
4. you must have a unique concept-- a selling point

and although its not necessary, open a business where there are fewer rivals

To start new business you must have working capital because its easy to plant new machinery but then you will in great need of working capital

Plans without capital is like a dream that cant be achieved. So yes, you really need capital(money) to start up your business. Everything you do online and offline, there is always money involved in the preparations you make, the advertisement, the construction and the rest of them.

Thats true! Business without money is just like a body without soul, no matter how beautiful it is, it is of no use. We need investments to set up a business and to run it successfully. First you invest and then you earn good amount with business. There is no business seen successful without capital.