Starting your business or buying an existing one
- Thread starter cherry123
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- #3
Yeah the two can be profitable of managed properly but you would Achieve your business goal if you start from the scratch
It depends. If at all the business has a positive reputation i wouldn't mind buying an already existing business. Starting a business from scratch has its lows hey, Getting traffic to the site is the biggest challenge. You have to make sure you create a unique business idea and if its something like paid t post forums you can comes up with idea that separates you forum from others.
Buying an existing one if having enough money is better than starting a new business because you didn't know if you will have clients or not or loser or winner investment that differs for existing business.
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- #6
Sure if you know that you wouldn't succeed starting a business from scratch it is good to buy an existing business
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- #8
where did you sell them on social media or the marketplaces?
I used the links of my online shop to the social media (Facebook) and can be sold using the shopping that I had registered with.
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- #10
okay understood now. So how is the selling hope you are making good sales
It is just a hobby for now. I randomly sold my items before or during the payday.
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- #12
But at least you are making money which is fair enough.
It depends. Some people have the time to establish the business while others are focusing for fast earning and doesn't want to waste time from the scratch.
I want to start my own business because my own idea will work better for me than others.
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- #17
This has always been the reason for me. I just like to start things my own way it works better for me.
For now i would go with starting my own business, due to the fact that i do not have the money buy an existing business. I can easily startup a small business of my own and grow it. Maybe when the time comes i can think of buying later on.
It is either i start my own business or I buy from someone. Anyone decisio is reasonable.
