What is a good business to start?

Answer by  Att4372 (1704)

Under current conditions, you want a business with low capital requirements. It should generate good cash flow and have an existing market. Service businesses (barber, home services) fall into this category. Pick a business that uses your existing skills or requires short training.

Answer by  dentonbecca (270)

A good business to start is a franchise.This cuts down on your risk level because the brand and basic business plan is already in place.

Answer by  TracyS (186)

You should be only bother opening a business if it's something you have a passion for and can handle the business aspects of.

Answer by  elynne (1153)

First a good business is one tat you have a passion for, your life blood is going to be used in getting it up and running. Second a good business is one that has a felt need. A Motor boat repair in Key Largo Florida-- good idea. A motor boat repair shop in Death Valley, California-- A really bad idea

Answer by  Marie (778)

When you are considering what type of business to start, think about what you individually like to do, what you're good at doing, and what you have experience doing. Think about also what is needed in your town - is there a particular type of service that people have to travel a distance for?

Answer by  Tknight (273)

A good business is usually one in which you have a great knowledge of the industry. An industry that is doing well is the medical industry.