Two Methods to Start a Business

[Mika]

Source Products: You can source products and resell them either from your own store or through other online marketplaces. If you want to source products, you have a lot of options but the most popular choices are Alibaba or Aliexpress. While Alibaba is for procuring in bulk, Aliexpress is for ordering 1-2 products.

Hand-Made Products: Selling Hand-made products means you create your own products and sell them. There are a lot of products that you can make yourself and sell through your store or third-party stores. Some of these products require elaborate machines, whereas some of these products can be made with simple machines or equipment. You can make soaps and candles with simple equipment. You need an elaborate machine to start a 3D printing business (you need a 3D printer, printing material, a computer, designing software, and skills to design products). If you need product ideas for your business, you can check youtube or marketplaces like Etsy and Zazzle and see what products people are selling.

 

[anil02]

Selling products after buying it from online marketing companies like alibaba baba and Aliexperess is OK but I thin selling hand made products are not easy. Cost of most of hand made products are some more than machine made products. Hand made products want enough time. Earlier peoples were like to wear hand made shoes but in these it is rare some one like to use these because of high cost and less finishing. It is also with clothes and other things.

 

[Ithedicious]

Thank you. Starting a business is not only about getting products and selling them , but so many other things are to be put into consideration. Like you must know the type of product you have to order from these platform you have mention that you can sell for profit . In any business one is doing the most important thing is to get products that will sell quick so you can just make your profit and buy the next stop for the next sales since this will always be a repeated process ..

In this case , as an intended business owner you must be able to carry out complicated and strategic research on the area of business you will deal on to know the most suitable area you are to concentrate on for the best profit.

I have come to find out that without proper planning , you may likely engage in areas of business that may not likely generate you the require profit after you haved spend your time and resources.

 

[anil02]

What is business? buying or producing good or service and selling it others. It is right that before ordering for goods we must be know that what peoples of area want and what we can sell. In beginning finding online customers is not easy but once we make of network that it will be some more easy to sell.

 

[Ayuba Ernest]

There are a lot of different ways to start a business. Some people raise money from investors, others bootstrap their businesses from their own savings. Some people start businesses with partners, while others go it alone.

But regardless of how you start a business, there are really only two methods: you can either start from scratch or you can buy an existing business.

Starting from scratch means just that: you build your business from the ground up. This means creating your own products, finding your own customers, and building your own infrastructure. It’s a lot of work, but it can be very rewarding.

The other option is to buy an existing business. This has a lot of advantages, including instant customers, an existing product line, and an established infrastructure. But it can also be a lot more expensive.

So, which is the right method for you? It depends on a lot of factors, including your financial situation, your business experience, and your risk tolerance.

If you have the time and the patience to build a business from scratch, then that may be the best option for you. But if you want to get up and running quickly and you’re willing to pay a bit more for the privilege, then buying an existing business might be the way to go.

 

[Jasmine]

If you want to start a small business, you can either source products or make your own products. In order to source products, you need money. When you are selling sourced products, your business start up cost will be really high. If you want to create products, you need skills to create products. You will also have to work a lot in order to make small amount. You need to buy raw materials, create products, keep the selling price low because you want to keep it lesser than your competitor. Therefore, the actual profit margin can be very small. I think the better approach is either dropshipping or print-on-demand. Both of these methods do not require you to spend money in sourcing products or manufacturing products. In dropshipping, you are selling someone's products from your store that would be fulfilled by the actual seller. With Print-On-Demand, you are selling product mockup to make money.