Topic: What is your opinion on starting a business at the last quarter of the year? (2) - page 3. (Read 1014 times)

I think opening up a business in the last quarter is an opportunity and a challenge all at once, especially for people with average incomes. In my experience, Q4 is usually a very high spending season, as holidays are in full swing, and January is usually the month when people are highly conscious of their finances after excessive end-of-year spending. It may sound sensible, but the opposite holds good for certain businesses, which use Q4 as a ramp to begin afresh. Many companies view this period as an opportunity to set up their brand for when they want to go big in January, where consumers start afresh with a desire probably for new products and services.

With that said, economic uncertainty does still exist this year, and things such as high interest rates, combined with inflation, are cooling consumer spending and making cautious budgeting a priority for many. Targeting a niche, keeping needless expenses to a minimum, and prioritizing cash flow, if the business can do all of these things, a Q4 launch that is well prepared might just let it capture holiday sales and get a head start on the slower January period.

If we are talking about holiday businesses here, maybe that will definitely work and create good progress. Like putting a shop that offers decorations and cater events, selling holiday figurines, or offers party goods and services  during holiday season, then people will line up in your shop or business stall. But one thing is certain, the success of your business does not depend on when you open it, but more likely the expertise and motivation you put into your business and the amount of your funds you start to establish your business.

Yeah. As a business starter, a lot needs to be considered by you; if not, it will be very difficult for you to have a good profit or to even succeed in the business. Most especially if your business will involve a lot of consumers, because they are businesses that deal with less demand with higher profits. When setting up a new business without knowledge of it, then there is a 70% chance that you will fail in it unless you already have someone by your side that knows a lot about the business. Which might help you a bit; that is why it is always encouraged before starting a business to make sure you have adequate research on it first; if not, it will be a regret for you.

Anyone can startup a business,but then it deals with the niche and sector the individual intends to venture.There're a lot to consider as well,likes of the competitiveness,demand,location,suppliers,strategies and alot of them.A lots of factors needs to be considered and laid down properly to avoid unexpected lapses and future inconveniences.

Since the last quarter of the year is time for the festive period, looking at starting up a new business will be an idea since there will be a whole lot of demand for people who want the last quarter of the year to be a memorable one for them.

The last quarter of the year is the time when people want to look good, celebrate, and jollificate with their relatives. Those who have cloth line businesses and bar joints are the ones whose businesses at that time would flourish. Looking at that area of business "cloth line and bar joints" will go well

For an average or lesser income earners, saving while also maintaining better upkeeps for themselves is usually challenging that they struggles to meet up their yearly targets and as time clocks approaching from the beginning and quarter of the year and they still having that shape to meeting that goal, it would take a self determination to start up somewhere that even at the quarter of the year would not seem too late for them.

The inspiration would always be that... Even when the year is getting to an end, starting up somewhere at the mid year can as well provide some for opportunities to give some tangible accounts probably by the end of the year.

It would only take some cut of expenses to be left aside so that we can achieve that goal with our little savings. Festive expenses are not Worth making a prior at such time when determined mind has been made up.

I agree that some individuals run their businesses during the festival season because that's when individuals will need it with an increasing request, people overlook the price of a product during the final quarter of the year because they believe that the price of everything will almost double and people will purchase it since they need it for the festival period. So, I also don't understand the point of establishing a business in the quarter of the year when it isn't intended for the festival season.

In addition, if a business has nothing to do with the current time, it will not sell. This is because Christmas is quickly approaching, and it is not a good idea to start a business selling products that consumers do not currently need and then expect to sell them. This will not generate any profit because the seller did not target the needs of the consumer.  After all; the needs of people should always come first in any business before starting something new.

Yeah I agree, many of the business ideas around farming for example, even if it's a small one, has to be seasonal. YOU can't start one anytime you want, it will have to wait for the right moment, or you would ruin whatever crop you are trying to do. Which is why the best time would be picking the right season there. This is just one idea, there are many other type of ideas that are purely seasonal, and you would need to focus on this.

You are right about a restaurant, or some grocery store, whatever you want to start, it would be fine and I do not think it will be that much of a complex situation at all, we would be able to actually do it without a trouble. I would suggest starting a business that doesn't have seasonality though, mentally that would be hard, I have a friend who owns a hotel and he works mainly on summers, he makes a lot, enough to live all year with it, and rests for 5 months a year at least, but the mental hardship is so bad for those periods.

Depends on a certain business on which there would really be those types of business that really that getting in line with some seasons on which it will really be that relevant that you do need up some timing
when it comes into this manner but in overall its not really that necessary for you to have that particular point on running up a business since you could really be able to do it anytime on which everything will really be that according to you. This is why it is really that important that you should really that having those plans whether you do really that running it up in the end of the year or first month of the year or midyear.
Doesnt really matter actually because if the business or investment that you are making is really that something that can get that recognition or demand then it will really be that able to boom out.
Although we do know that in every investment on which there's no way that you could be able to assure whether it would succeed or flop and thats why you should be wary at least into those risks involved into it.
Success isnt something that you could be able to obtain out in a short period of time on which it will really be that getting involved with tons of trial and error on which its not something that you will be able to
do or obtain in a short space. So it will really be that up to you on this aspect on how you would gonna deal with it.

If the business has some seasonality, then you need to think about starting it at a certain time, in a certain period of the year, but if it is a business for which seasonality is not important, for example a catering restaurant, then it does not matter at all, because people will always want to eat, here a more important role will be played by the place in which you open it, so that it is crowded, this will definitely increase its attendance.

This is true, if your business has any relevance to dates, then yeah it matters, but if there is no reason to stop during some time period, then it doesn't really matter and you can start anytime. I believe in starting whenever you are financially and mentally ready.

Sometimes people are not willing to work as hard as they used to, there are days and times when you do fine, and there are days when you are tired and just want to relax. I had a period like that, I have been doing terrible for the past 4-5 months, and I had been working incredibly hard, not just for my work, but because of family issues, so I never had a day for myself at all, I have been working so hard, I just want to relax for a few  days and failed to do that unfortunately. Does that mean I won't start a business if I can? No, it just means I would postpone it if I were starting a business, give myself a month or two, that way I will be ready better mentally. Financial part depends on how much money you have, nothing more.

Any person can start business but for the successful business you have to make changes in your mindset and your behavior and you have to change your routine and your schedule. Many persons dive in the World of business with getting any knowledge about that even they don't know what is asset and how we can increase our assets and how can we decrease our liabilities. Most are the person are so called educated people but they learned nothing except getting the piece of paper which explained that these are educated people. They are not good in conversation and don't know how to convince other people for your product.

I would say being a bit more careful is a better looking one. Most of the time start of the year is financially beneficial to most people, including business owners and workers of that business too, so it is wise to wait it out. Even if you do not get rich overnight, you usually get a salary increase, and the company usually sees the amount of profit they made that year so all of them are happy (unless they are going down and bankrupting of course).

This is why waiting is a lot better to me and I would wait. I am waiting for one investment until new year for example, I would like to surprise my wife, she had one of the worst years I can remember, she lost her mother, so I would like to surprise her with something, we had such a terrible period that I think she needs some happiness in life, so I will invest my money into something that will make her money and also make her happy at the same time, and I believe it would be very good for our future as well as her mental health.

Actually, it isn't challenging that much if someone know what he/she is doing. A good strategy is always helpful but the main focus should be on the nature of the business. If someone opens a Salon, or a Hotel even at the last quarter of the year that business will still be profitable if it gets advertised properly, however if someone launches a business that's not good one for the final quarter then that businesses might not be much successful.

This is only relevant if the last quarter of the year sees drastic changes in the sales of the products in your business. Like if you are focusing on Christmas toys and decorations then this would be the time to start your new business and see a good amount of sales.

So if that is not the case, you can start it anytime you feel is good enough in terms of capital, resources and management.

Personally if you are only selling to a specific time/niche/community you are reducing your scale. It can be started in that manner but eventually need to be upscaled such that there is demand all year round.

There is no time someone establish a business neither from the beginning of the year or one quarter of the year that the business will not prosper so I believe that business will prosper very well when you find a good business and also the location that is suit to that business but when you have not found the location that is sick for the business you will think that it is because of the time you establish the business may be the effect that met the business not to prosper well but one thing is that the market surveyor is very important for business that will make you to know if the business will be flourish well or not it is not depend on the middle of the year That You Want to establish business or the beginning of the year that they want to establish the  business

It depends on the business and the behaviour of people in your region. For example, in my country, the meat business, cheese business, wine business and other businesses can generate a good profit if you create it at least 1 month earlier before the new year. There are many businesses that are activated in the last quarter of the year because of our traditions and behaviours.
We don't celebrate Christmas but celebrate New Year like it's the most important event of the year. We celebrate a new year two times.
In my country, the restaurant/food and supermarket business works well every time.

I had a client who ordered me to create a UI/UX design for a personal fitness trainer app and that person started selling of weight loss programs in the last quarter of the year but spent lots of money on marketing one month after the new year.

Maybe the answer to this will vary depending on the condition of an individual. There are those who still open a business at the end of the year like now, because they feel that their money is enough and they have an analysis that they can quickly return their capital when the business runs according to plan. However, there are also those who choose to be more careful when they want to spend money at the end of the year, because they think that it is better to save to welcome the new year and Christmas that are approaching, or to be on guard when the economy experiences inflation which usually occurs at the end of the year and the beginning of the year. And for me personally, I prefer to be more careful spending money at the end of the year to be on guard against economic conditions or something urgent, because it is better to be prepared than to be confused later.

Starting a business is more like an investment, which implies that before one go into any investment, they must have weighed the risk and profit and also understand what the possible outcome of their investment can be. So, in my opinion it doesn't really matter when one is starting a business but the question should be, will the business do well in that season? And are you sure it's the right time to go into such business? If you can answer those questions with all sincerity, then you  will decide if you will start the business or not.

for the most part, business do well during the festivities and by that, it means that starting a business at this time wouldn't be a bad idea though it will still depend on the kind of business you're looking at.

Most house hold related business like sales of foodstuffs, kitchen items, and even sales of cloths experience increase in price from November upwards so if you're able to stuck up your shop before the price of most of the items doubles up due to increase in demand, you can as well enjoy a good start in your business. The best thing I will likely do if I'm starting a business by this time of the year is to set it up to run for just an interval of the remaining part of the year so it doesn't get to January when market usually slows down. Start small and watch how the process goes and then within the next three months or so into the new Year you should have understood the basic things involved in the business and you can now increase your business strength by then