Thinking about opening a merchandise brokers business? We tell you what you need to know to get started.
(article continues below)
Business Plan Mechanics for Merchandise Brokers Businesses
Haven't created a business plan for your merchandise brokers business yet? You could be in big trouble.
In many cases, the best approach is to keep your business plan simple. Ultimately, your business plan is intended to be a resource for you, the business owner.
Instead of investing countless hours in a lengthy business plan, put pen to paper now and document the essentials with the understanding that your plan will be revised as you move forward.
Look Over the Competition
Before you open a merchandise brokers business in your area, it's a smart move to find out how you will fit in the competitive landscape. Try our link below to get a list of local competitors in your city. Just enter your city, state and zip code to get a list of merchandise brokers businesses in your community.
Is the established competition doing a good job? It's important to understand their strengths and weaknesses and think through how you'll stake up against those established businesses.
Learn from Others Who Are Already In This Space
If you are interested in starting a merchandise brokers business, it's a wise move to learn from folks who are already in business. It's very unlikely that the local competition will talk to you. The last thing they want to do is help you to be a better competitor.
On the other hand, an individual who has a merchandise brokers business in a location that is not competitive to you will be much more likely to talk with you, after they realize you reside far away from them and won't be stealing their local customers. Many business owners are happy to give advice to new entrepreneurs In my experience, you may have to call ten business owners in order to find one who is willing to share his wisdom with you.
So, what can you do to find an entrepreneur who is running a merchandise brokers business in another city who you can speak with?
Simple. Let your fingers do the walking by using the link below.
Why You Should Buy (Instead of Start) a Merchandise Brokers Business
It's no secret that entrepreneurs have a strong impulse to build companies from the ground up.
Yet a healthier and safer strategy may be to purchase an existing merchandise brokers business.
Most notably, a merchandise brokers business includes more than just assets - a brand identity and customer base come with the keys to the front door. And that's not to mention the fact that a purchase let's you avoid the trial-and-error mistakes that are common in startups.
Your odds of achieving your top business goals increase if you buy a franchise rather than going it alone.
If you planning on starting a merchandise brokers business, you ought to check out whether franchise opportunities in your space might be worth investigating.
The link below gives you access to our franchise directory so you can see if there's a franchise opportunity for you. You might even find something that points you in a completely different direction.
These additional resources regarding getting started as an entrepreneur may be of interest to you.
If you currently own a merchandise brokers business, these resources will come in handy:
If you sell to merchandise brokers businesses, this isn't the right place for you. These resources are more appropriate for you:
If you are interested in starting a different kind of business, please browse our directory of guides below.