What do you think about starting up a business in this last quarter of the year as someone who is an average income earner?
In my opinion, there's nothing wrong in starting a business in even the last quarter of the year. A business can get success even if it's the last quarter of the year, and similarly a business can be failed if it's started in first quarter of the year. It depends on the person who starts the business, if he/she is good at doing that business and its marketing then surely he/she will earn profits from it even if it's started in last quarter of the year. 
Topic: What is your opinion on starting a business at the last quarter of the year? (2) - page 6. (Read 1041 times)
October 27, 2024, 06:26:03 PM
October 27, 2024, 06:17:04 PM
Like I mean if you’re sure the business will yield profit there’s no better time starting a business, both first and last quarter can be considered. For example just as mentioned by the op festive season requires a lot for those who care but saving for something important is good. Sincerely speaking if anyone should start their business during the last quarter of the year knowing it’s the time price of every goods increase higher compared to other season profit is guarantee but still depend on the starting amount.
October 27, 2024, 05:58:59 PM
I don't think it does matter a lot. What's more important is what kind of business to build and the perfect location for it, and of course having a quality product and a competitive price will attract more customers to enter in your store and bite your offer.
However, if your business is all about decors and everything that beautify the house, or sumptuous foods that will be serve perfectly during holidays, I guess you will make an edge over other businesses.
However, if your business is all about decors and everything that beautify the house, or sumptuous foods that will be serve perfectly during holidays, I guess you will make an edge over other businesses.
legendary
Activity: 2450
Merit: 4295
eXch.cx - Automatic crypto Swap Exchange.
October 27, 2024, 05:56:37 PM
It is the opinion of some people that the last quarter of the year is a time to gather and save up money for the expenses of the festivities, and January can be tough. What do you think about starting up a business in this last quarter of the year as someone who is an average income earner?
I see the last quarter of the year as one of the times to start up a business and you'll be successful but it depends on the businesses that you're involving in.
The last quarter of the year comes with festivals, parties and travels, therefore starting a business that focuses on this areas can make you money. You can also go into hospitality business as people tend to travel more during the last quarter of the year.
You can start fashion business to sell cloths and other accessories that people love to wear during this period and you'll make money. Every quarter has a business that suit that time of the year, all that's required of you before starting a business is to do some research and make sure you aren't just throwing money away.
October 27, 2024, 05:38:38 PM
Depends on the business that you're about to run. With the upcoming festivities and holidays coming up in the last quarter of the year, there are certain nature of businesses that boom that people take advantage to. If you're business if within and are in season, I suggest that you go for it making sure that you'll be able to keep it since next following could be the busiest part of the year.
On most cases, it doesn't really matter when you start your venture on business as long as you're capable to run it knowing full well of the risk and there are seasons where your services or products may not perform well.
On most cases, it doesn't really matter when you start your venture on business as long as you're capable to run it knowing full well of the risk and there are seasons where your services or products may not perform well.
October 27, 2024, 05:16:28 PM
This depends on individuals and your level of preparation, because as far as I know the time of the year doesn't contribute in any ways to either the success or failure of a business and all that is needed to start a business is your preparation, so for that you are free to start up you business or investment anytime you feel you already have the ability to contain such risk and being able to handle it until you become successful, because there is no business with it own Unique struggle and hustle and for that we need to get all the preparation in place before venturing into that said business, and unlike cryptocurrency which can be invested in by a newbies and still be able to manage to accumulate a profits on the long run, business on the other hand doesn't work that way, in business you have to make all necessary contributions and physical commitment to see the business succeed, so before you talk about the timing of the year be it last quarter or first quarter, first of all take the time to build the blueprint of the business because that is the only tool that aid your success in that business on the long run.
October 27, 2024, 04:58:14 PM
It's a good season to start a business. If you are into a seasonal business then last quarter is actually a good time to do something that you think will have good results. So, you have to choose what type of business you're going to do.
The choice is obvious and you have to consider whether it's a good one during this quarter because you know bonuses are everywhere, holiday season.
That's when companies are giving more incentives to everyone so, the choice is yours. All you need to do is to start and don't delay it.
The choice is obvious and you have to consider whether it's a good one during this quarter because you know bonuses are everywhere, holiday season.
That's when companies are giving more incentives to everyone so, the choice is yours. All you need to do is to start and don't delay it.
October 27, 2024, 04:57:00 PM
Please just state your opinion without trying to advise me as a reply;
How do you consider the last quarter of the year? A time to take more financial risk or be reserved and more cautious.
It is the opinion of some people that the last quarter of the year is a time to gather and save up money for the expenses of the festivities, and January can be tough. What do you think about starting up a business in this last quarter of the year as someone who is an average income earner?
How do you consider the last quarter of the year? A time to take more financial risk or be reserved and more cautious.
It is the opinion of some people that the last quarter of the year is a time to gather and save up money for the expenses of the festivities, and January can be tough. What do you think about starting up a business in this last quarter of the year as someone who is an average income earner?
The answer from every individual regarding this query would be different based on their geographical and cultural differences. People from one region might have festivals in the last quarter of the year whereas people from other areas might not have the same situations. So if I tell you that there is nothing wrong with starting a business in the last quarter of the year, it might not suite your conditions and situation because you might have more festivals which would require you to have more expenses, hence more savings needed.
So the right thing to do would be to either mention your region or ask people around where you live if it is a good idea to start a business in the last quarter or not. Other than that, one should also check their financial capabilities before making a decision. Since you asked about an average income earner, it usually becomes difficult for a person with an average income to both save and start a business. So if you go for savings, you won't be able to do the other, vice versa.
October 27, 2024, 04:39:17 PM
Please just state your opinion without trying to advise me as a reply;
How do you consider the last quarter of the year? A time to take more financial risk or be reserved and more cautious.
It is the opinion of some people that the last quarter of the year is a time to gather and save up money for the expenses of the festivities, and January can be tough. What do you think about starting up a business in this last quarter of the year as someone who is an average income earner?
Depends what your business does. Does it have something to do with selling something in Christmas? Is the product, or are the products even ready for Christmas? If so, then you are competing with lots of other businesses that had more time to prepare for christmas sales, so your sales might be bad, no matter if you have a ready project How do you consider the last quarter of the year? A time to take more financial risk or be reserved and more cautious.
It is the opinion of some people that the last quarter of the year is a time to gather and save up money for the expenses of the festivities, and January can be tough. What do you think about starting up a business in this last quarter of the year as someone who is an average income earner?
No matter what that business does, i guess one benefit comes to mind, and that is tax deduction right away, from for all the expenses that come from the building the business. But that's the only upside from it that i can see. Imho timing should be depend on other things, like when the product is ready and right contacts aligned.
October 27, 2024, 04:29:52 PM
Starting a busy deals with a lot of consideration, which one is the consider the nature of you business, so that you can know the best time to start up the business. Starting a business in the last quarter of the year is never a bad decision, because in the festive season almost everything are needed in the higher demand. So it will be a nice opportunity to get a lot of patronage and also a good profit. But in the other side, if the business has nothing to do related the festival, and you have enough to open the business then is a go. Because the best to do if to start the business.
October 27, 2024, 04:18:27 PM
My decision to start a business during the last quarter of the year will depend on the nature of business. In my country, during the last quarter of the year, people shop for clothes and food items alot. If my choice of business is any of those that will gain more patronage during that period, then I will see the last quarter of the year as a perfect time to commence my business, gain visibility and make cool money to sustain me in the business. Not all businesses will strive during the last quarter.
Another thing to consider is the availability of suppliers. You might have a good business plan but if there are no good suppliers with a fair price for their products or no suppliers at all, you might as well wait till you are sure of a trustworthy supplier.
The availability of capital determines if there will be a business or not.
Another thing to consider is the availability of suppliers. You might have a good business plan but if there are no good suppliers with a fair price for their products or no suppliers at all, you might as well wait till you are sure of a trustworthy supplier.
The availability of capital determines if there will be a business or not.
October 27, 2024, 04:07:09 PM
Please just state your opinion without trying to advise me as a reply;
How do you consider the last quarter of the year? A time to take more financial risk or be reserved and more cautious.
It is the opinion of some people that the last quarter of the year is a time to gather and save up money for the expenses of the festivities, and January can be tough. What do you think about starting up a business in this last quarter of the year as someone who is an average income earner?
How do you consider the last quarter of the year? A time to take more financial risk or be reserved and more cautious.
It is the opinion of some people that the last quarter of the year is a time to gather and save up money for the expenses of the festivities, and January can be tough. What do you think about starting up a business in this last quarter of the year as someone who is an average income earner?
The time of year you start a business should really be irrelevant to your planning, unless you can somehow get benefit - like cheaper goods at this time of year or targeting a particular seasonal audience. Most people simply focus on having a good concept and your personal finances should not really factor into the equation, if they do then maybe you should not be starting a business or consider taking a business loan. In reality the longer a business has been operating, the sooner you can establish whether it is viable and you will need to get through every season eventually so what better time to learn than now? I thought this was a question about tax years to start with but you seem purely focused on the actual calendar year.
October 27, 2024, 03:32:42 PM
Please just state your opinion without trying to advise me as a reply;
How do you consider the last quarter of the year? A time to take more financial risk or be reserved and more cautious.
It is the opinion of some people that the last quarter of the year is a time to gather and save up money for the expenses of the festivities, and January can be tough. What do you think about starting up a business in this last quarter of the year as someone who is an average income earner?
How do you consider the last quarter of the year? A time to take more financial risk or be reserved and more cautious.
It is the opinion of some people that the last quarter of the year is a time to gather and save up money for the expenses of the festivities, and January can be tough. What do you think about starting up a business in this last quarter of the year as someone who is an average income earner?
Jump to: