When You Are Thinking of a New Business Idea

Sharing ideas is great but we have to be careful who we share our information with. Some people may want to take the ideas for their own. Others are just negative and want to discourage you.

Share your ideas with people you can trust and who can give you sound advice or point you in the right direction. Honestly, if you want to develop a business and there are others in that same field, you have to diversify or find ways to improve. To start a business, you must have a source of funding. Even if you are washing cars or selling genips, you need a few raw materials and the proper permissions.

There may be a properly functioning Small Business Bureau where you live and they may be able to steer you in the right direction. Be mindful with your investment. Investing in a Pyramid Scheme where you have to recruit others, is not the way to go. Becoming a distributor for a new product is a good idea but you have to know your market, find a customers base, have competitive prices and be ready to work and 'pound the pavement'.

There is a lot of information online so seek ideas but be sure to have a plan for moving forward.

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