Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
You do not need a business degree, but you do need to know how to run a business.
There are many aspect of a business that differs from a hobby. You have issues related to taxes, liability, vendor relations, accounting, marketing, etc., etc., etc. Add employees and that’s another load of whooparse on top of the other thing. The good news is there are many ways to learn the basic from hand holding by another business person to quick courses at the college or community center.
Just remember that no matter what your skill set is in relationship to the goods and services you offer, you still have to run a business. If you look at the SBA figures on new businesses, most fail. The most common reasons are lack of adequate startup finances to carry through, mistaken demand/need in area, and lack of knowledge in running an actual business. Address those 3 issues and your way ahead of most.
As others have indicated, you don't need a business degree. You just need the ability to learn, and the ability to work hard. Nothing more... but a good idea really helps.
As others have indicated, you don't need a business degree. You just need the ability to learn, and the ability to work hard. Nothing more... but a good idea really helps.
AND have some good mentors in the areas where you need direction and support! Good Luck
I know and have met people over the years who ran successful business and they never set foot in a college/university. But it is wise to do your research and know if there is a market for your item before you go and open a business. Know your competitors as well since you'll be competing with them for customers. See if you can find a mentor or look up if your town have some kind of business meetings, training for new entrepreneurs. Buy books and read up on how to start a business so you'll have somewhat of an idea how to approach it.
Thats kind of a stupid question. You just need to know a lot about the type of business you are opening. School is very general and probably wouldn't make much of any difference.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
