Favorable conditions for registering a company abroad – from $ 800 with a choice of jurisdictions, the ability to remotely open accounts, prepare and provide all the necessary documents.
Starting your own business from scratch is not as difficult as it seems, but most start-up entrepreneurs do not know where to start and what kind of business to choose. Even in a crisis, you can find and implement a profitable strategy. Thus, the current economic situation, which has caused a decrease in the share of imported goods in the domestic market and their strong appreciation, provides good opportunities for a new start. In our review, we will talk about where to start a small business and which business strategies will be potentially profitable in 2017.
What criteria should be relied upon when choosing a niche for developing a business from scratch? First of all, you need to build on the knowledge and experience that you personally have, or at least interests. Secondly, it is important to determine the geolocation – a metropolis, a regional city or a small town. Thirdly, it is worth thinking about “gender” – there are purely male and purely female business areas. In addition, do not forget about online technologies – modern business can be conducted both offline and online.
For example, a typical business option from scratch for men that does not require sky-high investments is a car workshop or car wash, repair and setup of computers and telephones, and services of the “husband for an hour” category. Women, in turn, can open an agency for the provision of cleaning services, housekeeping or babysitter services, organize a manicure studio at home, and make cakes and pastries to order. The services of hairdressers and tailors are always relevant.
When choosing a niche, it is also worth knowing that business is mainly divided into 3 areas – production, trade and services. Choose what is closer to you. Finally, legally, the business is divided into large (annual turnover – over 1 billion rubles), medium (turnover – up to 1 billion rubles) and small (turnover – up to 500 million rubles). In the framework of this article, we will consider small business as the most affordable option for start-up entrepreneurs.