Monday, August 31, 2009

Most Overrated Small Businesses To Start

You can view a good business article here that talks about some of the most overrated types of small businesses people attempt to start when they have decided to take the leap and become an independent small business owner. The article talks about the fact that many individuals pick types of businesses to start that are ill suited for their skill sets and often have very high rates of failure.

According to this article some of the types of small businesses that you should think twice about starting are:
  • Restaurants - Restaurants are challenging to operate successfully and profitably with 60% failing with in 3 years of opening.
  • Direct Sales - Most people don't make a sustainable living from most of these product sales schemes.
  • High End Retail - To much competition and discretionary items are tough to sell in weak economy.
  • Independent Consulting - A lot harder that it looks an can be very challenging to maintain a steady income.
If you are seeking a proven way to minimize your risk when starting a business in AZ consider buying an established Arizona business for sale.

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