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Old 25-10-2004, 17:19   #7
Doug
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Re: startin a new business...

Quote:
Originally Posted by mani
man thats soo cheeky

basically i've kinda realised a bit if a niche in the market of party and wedding events so i'm hopin to squeeze in there...

start up costs are around 60K though
Ok, now you have identified the Market in which you’re interested, I’d advise that you don’t say ow’t else…..People already in the business will be racking their brains looking for short falls in their provision. Don’t identify your business plan or niche market to anyone other than the bank. Beware of some investors, some will encourage you to develop your idea then withdraw funding and take all your hard work and do it for themselves.

Don’t involve friends or family if you can avoid it. And be prepared to loose both if you do….Trust no one with your ideas or you money….Don’t be put off, just be careful…. Good luck.
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