Thinking Aloud
Thursday, November 19, 2009
There are a lot of considerations that should be taken into account when opening a business. Planning and careful study of the market should be done. Also, one should be passionate about the business before going into it because you can't enter a business halfheartedly. That's why I am still very much confused as to what business venture I really really want.
Franchising is a good thing because there's already a system wherein its tried and tested. They give you the tools, tips, the POS systems and training you need to get started. However, its not really 100% your own. Again, it always boils down to the questions,"What are you good at?". "What are you most passionate about?" If you can answer that, then you can proceed with planning a business venture. If not then don't bother wasting your time just yet. For me, I am still in the process of assessing my strengths and passions.
Franchising is a good thing because there's already a system wherein its tried and tested. They give you the tools, tips, the POS systems and training you need to get started. However, its not really 100% your own. Again, it always boils down to the questions,"What are you good at?". "What are you most passionate about?" If you can answer that, then you can proceed with planning a business venture. If not then don't bother wasting your time just yet. For me, I am still in the process of assessing my strengths and passions.

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