When would be the best time to startup a business

[eldavis]

Currently there are a lot of people who want to startup a business for themselves, but at the moment there is an increase in the price of goods and services, not to mention the cost of transportation due to the increase in fuel. When do you think would be the best time to startup a business? Should one wait till next year?

 

[kirubel]

Personally speaking and i think the best time to start a business is when we have enough idea and knowledge about business and when we realize that business is not only about getting profit it is also about developing a brand and known products then we can start a business.

 

[cherry123]

It should be when you are ready in almost all aspect. Be sure you have done your home work well. Don't spend all your time copying others it would not work.

 

[Stardom22]

I think the best time for starting a business is the time when the entrepreneurs is ready with the capital and the marketing opportunities for the business for that matter.

 

[nomad]

The best time to start a business is now. However, in order to start a business you need skills and knowledge. If you lack skills to run and manage business, it is not possible to become successful

 

[eldavis]

It should be when you are ready in almost all aspect. Be sure you have done your home work well. Don't spend all your time copying others it would not work.

That's true, once you are ready to startup your business then it's your right time. Being ready has to do with having the resources and capital, then all the needed knowledge to run and setup the business.

 

[Niyi Briggs]

There is no best time to start up a business. As long as a demand and a gap continues to exist, a business can run.