How can i decide which business idea will work best for me?
Coffee shop? Pastry shop? Beauty Salon? Something else?
Coffee shop? Pastry shop? Beauty Salon? Something else?
Hi Annmarie,
To be honest, the beauty salon option threw me off a bit, as it's very different from the previous two options, which suggests you need to make some initial decisions internally before you ask for outside help. In any case, you should consider the following:
1) Which would you enjoy doing the most? Starting a business like these requires an enormous amount of time, effort, planning, etc. and if you don't fundamentally enjoy the process then it won't work. 2) Where do you have a competitive advantage? Are you particularly good at baking, or do you have any novel ideas for a coffee shop? The idea for a business has to come before you head down any of these paths. 3) Look into other coffee/pastry shops or beauty salons, research the startup costs and try to figure out which business would be most actionable.
Hope this helps Cory
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