Alternative energy, fancy foods, beverages, fitness and diet related ideas and foods, computer wholesale and retail shop, intellectual property lawsuits, business for Asian countries, franchise business opportunities who wish to go into Asian countries like china, Philippines, etc are some of the best business to do.
E-commerce, is no longer like in the past, hyper competition has happened and the business just have a physical store is not enough. The combination of offline and online(e-commerce) business is a good choice. The business environment and structure is changing at all time, it is important to get a grasp of the new technology to assist in your business such as database, info system, supply chain management before you go to business.
Retail high end product is a new trend but a new trend has a price to pay and that is intense competition. High turnover and low profit margin business is most of the businessman follows this trend and they are leading in there type of business.
One of the problems with attempting to invest in hot new trends is that everyone wants to jump on the band wagon and the prices of investments in those areas are mostly over inflated sometime by factors of 10 and even more. Another problem is that there is no track record for companies that are involved in these new businesses, and 90% of them wind up on the scrap heap of failures. Biotech was an excellent example of that.

I hope the readers to share opinion about business trends in the comment, any opinion would be appreciated.

Technorati Tags: new business trend, business trends, trend business

Continuing my article about restaurant business and important business forums on the internet, I would like to discuss with the readers about which one is more profitable, single product menu or multi choice menu for a cafe or restaurant business?
I think, single product menu should be tried for a beginner of this risky business. Focusing to one menu makes us and our staff well skilled. In the world, there are many successful stories in this single food product business. Some of them are Mc.Donald fried chicken, Kentucky fried chicken, California fried chicken recognized as the multi national fastfood business. The example of newest success story in single menu food business is Kebab Turki Babarafi, a franchise industry in Indonesia has 200 outlets spreading in many cities in Indonesia, and the owner, Hendy Setiono has achieved Asia’s Best Entrepreneur Under 25—Business Week International.
The owner said that the key of the success are, this business hasn’t many competitors and low star up cost. It may inspire us.
I always welcome any comment from the readers.
Thanks for reading.

Technorati Tags: fastfood, food business, food product, franchise entrepreneur, business chance

Restaurant business is one of many prospective businesses. Many restaurant entrepreneurs have success stories about this business, and many also failed to run this business. I don’t agree if some people said that the success of restaurant business because of luckiness. There are factors that make this business successful. As I have experienced that working in the restaurant is hard. But it is different if we are the investor, in other word we have big capital.

Then, I would like to share opinion about matters before establishing a restaurant. Read more…

Business forums are the places to ask, answer, share experience and knowledge.The members often give newest information that many people out there don’t know it. You can choose an idea from many ideas after discussing. Please compare if you hire a staff or a consultant. May be, you will pay expensive for a staff or business consultant who work for you! The members of forum come from the newbie and even many masters and I am sure that most of them are very helpful.
Sometimes, somebody have inefficient habit to stay at a forum very long time. We should remember that the next important point in business
is doing the thing right after finding the right thing. Wise word says:”start now, start small business, start from yourself!” So you need to limit the time to read the website forum, for example, you can limit 30 menutes till an hour per day. So, we have 5 hours or more to do the others.
Here you are, 2 website forum that I recommend to join,

1.Digital Forum
Digital forum is very active forum. This forum discusses about making money on the internet. There are thousand members joined this forum. I think, this is the most active forum on the internet. I encourage you to check out all of the forums.

2.Small Business Ideas Forum
This forum is discussing any business topic. You can ask to many members here. Most of discusses are about offline business, management, strategy, marketing, job etc.

But if you know other great business forums, please tell us about them in the comments. Thanks for reading.

Technorati Tags: forum, business forum, business forums, make money online, idea

Below are some tips to start a business if you a new bie in business.

First, find an idea and demand in the market, the next step is doing research to your competition for knowing the weakness and the strength. Find a better way to do or better services. Second write out a 5 year plan. And then after a week or more to do research, write the result. I believe that knowing competition inside and out give us a great advantage.

Check out the Small Business Administration web site — there are many great resources for the small business owner. Try reading up on the subject — check out Amazon, your local bookstore or library.
Invest your time, money & effort into a business name, it is strongly advised that comprehensive research be conducted to ensure that the name you’re interested in is truly available.

My suggestion would be to start by selling things out of your house and garage placing ads in the local newspaper advertising your little shop. Tell friends and family to tell their friends and small things like that and if it is successful you could invest in renting a shop.
You can buy books on starting and running business at bookstore to develop your knowledge.

Find business partner to expand your business, but there are advantages and disadvantages.
Starting a business with a partner offers many benefits, one of them are we can share our workloads by sharing responsibilities in running a business. But partnership can quickly go bad if we don’t make right planning. Consider these pros and cons to make sure your partnership.

Break-Even Point Analysis is also important,
how fast will your business be profitable? A break-even analysis is one of the business planning tools that can help you make that determination. Learn how to calculate your break-even point and how the information can help your planning.

Technorati Tags: business, small business, idea, business partner, starting a business, suggestion, how to start new business