On average what is the best product line for a new small business for growth?
139037
That depends on where that business is established. (For example you can make a Business consultation firm in a big city but it will be stupid to do that in a small town with very little or no companies at all).\n\nMoreover, are you referring only to products or services are welcome as well. You can import products or offer services that you are familiar with or passionated about (for example if your hobby is bowling you can open a bowling center in your area, or if you are a haircutter you can start importing a professional hairstyling brand).\n\nThere is no magic solution for anyone to start his/her own business… Each answer just like every business is different according to the needs and wants of one.\n\nYou need to find out what is missing in your region or area and provide it. Try to sell something unique or differentiated if you want to succeed.
439879
I think the best way to start is to first determine what your product or service is.  once you have determined this, find out who your target market is.  What type of people will purchase this prodct or service.  Once you have figured this out you must get in front of those people by provding advertising and banners on other websites that people that fit your target market will hit.  One of the most important things about an eBusiness is having a website that does not look like it's home grown.  It should be professional and easy to use.  I worked with a company that specializes in startup companies called ScienStream.  They might be able to help you out, you can check out their website at www.scienstream.com/index.php
58481
It depends on your interests. All small businesses start off slowly, so it's best to start one that you are happy to work with. Mine took a few years to really start making profit. I was breaking even, but that is because I was putting my earnings back into my business. Now I update as I need to, and still have profit. Good luck!
17786
Research yourself first.  A new business must come from something internal encompassing things, or at least some things, that you love.
1126936
A few ideas: \n\n1) Flyers & Business Cards - Who are your customers & where do they shop (e.g. grocery, home improvement stores, etc)? Post flyers where your customers frequent.\n\n2) Advertise Locally -- Newspapers, Craigslist, Yahoo! Local\n\n3) Word of Mouth -- Offer a great service & people will talk.\n\n4) Mailers -- Send out coupons, specials, etc.\n\nHope that helps! I wish you much success & happiness in all your ventures!
126217
Since we can't tell at what point you are in your business planning I agree with answer number two.  SCORE is a great place to get started.  I have added a few more websites if you are still looking for direction/ideas/answers.  \n\nGood Luck
221711
start small, speak with the owner, try to get in good with a smaller shop first, work your way up.  and don't give up!
1123115
The best strategy for achieving success in any business is to look at your business through the eyes of potential customers:\n   \n*Why would I want their product or service?   \n*Why would I do business with this company?\n*How would I want to be treated?\n*How would I want my account to be serviced?\n*Why would I continue doing business with this company?\n\nAddress those issues, and always view your company through your customer's eyes, and you will have a head start on being successful.
440701
Small Business Startup Guide
494846
Yeah, without knowing the product, there's not much one can offer for specific wording that will be helpful...  but there are several basic techniques that work for most situations.  I can tell you from experience what has worked best on AND FOR me!  :) .....\n\nFrom the start, be upbeat and enthusiastic about your company/product/service.  You can sell the hell outta anything you believe in.  If you don't believe in it, you won't have the same energy about it and neither will your customer.\n\nTalk about the wonders, versatility, features, convenience, usefulness, and neat little details of your product: works without fail!  saves time/work/money!  fits anywhere!  has it's own storage compartment!  comes in 6 popular colors!  comes with this or that little freebie!  performs 12 different household tasks and simultaneously makes the morning coffee too! LOL\n\nMake upbeat, polite conversation with them, and listen for any clues to ways that your product/service would fit into their life - kids, work, hobbies, busy life, student, new home owner, space concerns, etc.  If while you're chatting, they say anything that sounds like they are interested, like "Really?  Hmm, that sounds handy/cool/nice/useful/perfect..." or something else that sounds like you've got their attention, follow that line of conversation.\n\nIf they sound positive, agree with whatever they're saying!  If they have negative feedback, perhaps even with your company/product/service, say something to empathize, like "Wow, I'm sorry that happened..." then lead into suggestions of how you/your company/your product will serve to overcome that situation.\n\nWhen it sounds like you're convincing them that you're product/service is something they *might* want, close the sale by mentioning any "buy now" kinda benefits: sale going on, payment plan, deferred payments/interest, money-back guarantee, etc...\n\nSMILE while you're talking to them!  Studies show that your entire demeanor and tone change if you're not smiling, and WILL affect the customer's response to you.\n\nGood luck, and happy selling!  :)
562603
I recommend checking out the SBA, Entrepreneur, & Nolo. All 3 are great resources for the new/small business owner. I posted links for you in the sources box.\n\nAssociations may be a good avenue to explore as well -- see posted links.\n\nTry reading up on the subject. I put relevant links in the sources box.\n\nHope that helps! I wish you much success & happiness in all your ventures!
954373
As a general rule, your best prospects for additional sales and profits are your current and past customers. \n\nGood luck,\nScott
357689
Be confident in what you sell first. Keep the product infront of you one whole, stare at it and ask yourself what all you would like to know and get the answer for it. Great a client as soon as they open the door. Dress well. Best of luck.
391146
There are predictable contents of a standard business plan. For example, a business plan normally starts with an Executive Summary, which should be concise and interesting. People almost always expect to see sections covering the Company, the Market, the Product, the Management Team, Strategy, Implementation and Financial Analysis.\n\nIf you have the main components, the order doesn’t matter that much, but here’s the order I suggest.\n\n1. Executive Summary: Write this last. It’s just a page or two of highlights.\n\n2. Company Description: Legal establishment, history, start-up plans, etc.\n\n3. Product or Service: Describe what you’re selling. Focus on customer benefits.\n\n4. Market Analysis: You need to know your market, customer needs, where they are, how to reach them, etc.\n\n5. Strategy and Implementation: Be specific. Include management responsibilities with dates and budgets. Make sure you can track results.\n\n6. Web Plan Summary: For e-commerce, include discussion of website, development costs, operations, sales and marketing strategies.\n\n7. Management Team: Describe the organization and the key management team members.\n\n8. Financial Analysis: Make sure to include at the very least your projected Profit and Loss and Cash Flow tables.\n\nI don’t recommend developing the plan in the same order you present it as a finished document. For example, although the Executive Summary obviously comes as the first section of a business plan, I recommend writing it after everything else is done. It will appear first, but you write it last.\n\nThere are also some business tables and charts that are normally expected in a standard business plan.\n\nCash flow is the single most important numerical analysis in a plan, and should never be missing. Most plans will also have Sales Forecast and Profit and Loss statements. I believe they should also have separate Personnel listings, projected Balance sheet, projected Business Ratios, and Market Analysis tables.\n\nI also believe that every plan should include bar charts and pie charts to illustrate the numbers.\n\nI also recommend contacting your local SBDC and/or SCORE office. These two organizations are funded by the SBA and provide free business planning advice. You can find your local SCORE here: http://www.score.org/\nYour local SBDC can be found here: http://www.bplans.com/sb/\n\nIf you're interested, here's an expanded plan outline:\n\n1.0 Executive Summary\n1.1 Objectives\n1.2 Mission\n1.3 Keys to Success\n2.0 Company Summary\n2.1 Company Ownership\n2.2 Company History (for ongoing companies) or Start-up Plan (for new companies).\n2.3 Company Locations and Facilities\n3.0 Products and Services\n3.1 Product and Service Description\n3.2 Competitive Comparison\n3.3 Sales Literature\n3.4 Sourcing and Fulfillment\n3.5 Technology\n3.6 Future Products and Services\n4.0 Market Analysis Summary\n4.1 Market Segmentation\n4.2 Target Market Segment Strategy\n4.2.1 Market Needs\n4.2.2 Market Trends\n4.2.3 Market Growth\n4.3 Industry Analysis\n4.3.1 Industry Participants\n4.3.2 Distribution Patterns\n4.3.3 Competition and Buying Patterns\n4.3.4 Main Competitors\n5.0 Strategy and Implementation Summary\n5.1 Strategy Pyramids\n5.2 Value Proposition\n5.3 Competitive Edge\n5.4 Marketing Strategy\n5.4.1 Positioning Statements\n5.4.2 Pricing Strategy\n5.4.3 Promotion Strategy\n5.4.4 Distribution Patterns\n5.4.5 Marketing Programs\n5.5 Sales Strategy\n5.5.1 Sales Forecast\n5.5.2 Sales Programs\n5.6 Strategic Alliances\n5.7 Milestones\n6.0 Web Plan Summary\n6.1 Website Marketing Strategy\n6.2 Development Requirements\n7.0 Management Summary\n7.1 Organizational Structure\n7.2 Management Team\n7.3 Management Team Gaps\n7.4 Personnel Plan\n8.0 Financial Plan\n8.1 Important Assumptions\n8.2 Key Financial Indicators\n8.3 Break-even Analysis\n8.4 Projected Profit and Loss\n8.5 Projected Cash Flow\n8.6 Projected Balance Sheet\n8.7 Business Ratios\n8.8 Long-term Plan
138265
Have a product or service that other people want and or need. This is the basics of it.  Now if you have that - you will have a starting point.  Then there comes the way to bring what you have to the public.  This is the part that can be tricky.  \n\nEbay is a good starting place if you trying to sell tangible things and don't have any idea about it yet.  If you already have products that you know will sell well - you should open a website.  Getting good standing in the search engines is a key factor.  This can take time.  Plus just the fact that noone knows about you can make it take a year or two before you really get off the ground.  \n\nPatience - you must have it - Here are some really good articles about small businesses (not just online) it is very valuable info - I read all the articles and found them to be helpful.
121991
I have a lot of business Ideas, it's difficult to know which one will be good for you. But I can tell you what's hot right now on the market...\n\nTechnology\n- VoIP (Interent or Broadband Services and systems)\n- Storage (Computer storages, Servers)\n- Security (Online Security Software, and Hardware)\n- Computer Repair (Software and Hardware)\n- Smart Homes (Security, Survilance, Remote Systems)\n\nOnline\n- eBooks (Help people do something easy and better)\n- Adsence (Nich information + adsence = money)\n\nOthers\n- Real State (Buying and Selling)\n- Carpet Cleaning Business (Own or Franchise)\n\nDo you research and inform yourself about business and marketing, then apply your knowledge own you new business idea and make it work...\n\nGood luck!\n\nLuis Galarza, Business and Telecommunication Consultant\nGet communication tips at http://www.cogni360blog.co.nr and free business tips at http://luisgalarza.blogspot.com
1134563
first you have to have a product