August 22, 2014  
 
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Starting a Video Tape, CD, & DVD Duplication & Transfer Services Business

This advice is ideal for those who are thinking about starting a video tape, CD, and DVD duplication and transfer services business. Read this advice before you open up shop.

Thinking about opening a video tape, CD, and DVD duplication and transfer services business? We tell you what you need to know to get started.
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Creating a Business Plan for a Video Tape, CD, & DVD Duplication & Transfer Services Business

A common mistake for a small business owner is to not create a business plan.

The key benefit of writing a business plan is that it defines the game plan. If you don't have a business plan, your leadership will be handicapped, making decisions that could be detrimental to your video tape, CD, and DVD duplication and transfer services business's values and long-term goals.

Start by defining your business mission. The process of writing a mission statement doesn't have to be complicated. With a carefully crafted mission statement in place, it's time to initiate the hard work involved with writing the rest of your video tape, CD, and DVD duplication and transfer services company's business plan.

Don't Overlook Competitors

Prior to launching a video tape, CD, and DVD duplication and transfer services business within your community, it's a good idea to see what the competition looks like. Try our link below to get a list of local competitors near you. After clicking on the link, type in your city, state and zip code to get a list of video tape, CD, and DVD duplication and transfer services businesses near you.

How are you going to successfully complete with existing firms? It's important that you never underestimate the competition.

Find Good Remote Business Advice

As part of your due diligence on opening a video tape, CD, and DVD duplication and transfer services business, be sure to speak with somebody who is already in the 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.

However, an entrepreneur who owns a video tape, CD, and DVD duplication and transfer services business on the other side of the country can be a great learning resource for you, provided that you won't be directly competing with them. In that case, the business owner may be more than happy to discuss the industry with you. 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.

How does one quickly and easily locate a video tape, CD, and DVD duplication and transfer services business entrepreneur outside of your area who is willing to talk?

We can help. Follow the link below, try a few city/state combos or zipcodes, and then start calling!

Advantages of a Video Tape, CD, & DVD Duplication & Transfer Services Business Purchase

On a percentage basis, more entrepreneurs intend to enter video tape, CD, and DVD duplication and transfer services business ownership through a startup than through a business purchase. But the harsh reality is that startup video tape, CD, and DVD duplication and transfer services businesses experience a high failure rate compared to entrepreneurs who buy existing video tape, CD, and DVD duplication and transfer services businesses.

The decision of buying vs. starting a business shouldn't be taken lightly. By buying a profitable video tape, CD, and DVD duplication and transfer services business, you'll shorten the amount of time it takes to achieve a return on your investment because you'll have the advantage of a proven operation and an existing customer base.

Is Franchising the Right Option?

Startup small business owners sometimes lack the experience and resources to make a go of it in a competitive business environment. Savvy entrepreneurs know that a franchise startup can enter the market as a highly visible alternative to entrenched competitors.

Our video photography franchise directory contains information about some of the best video tape, CD, and DVD duplication and transfer services business franchisors in the nation and gives you the ability to identify the one that is right for you.

Related Articles on Starting a Company

These additional resources regarding starting a business may be of interest to you.

Buying vs. Starting a Business

Starting a Business

LLC Advantages


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Already Own a Video Tape, CD, & DVD Duplication & Transfer Services Business?

If you currently own a video tape, CD, and DVD duplication and transfer services business, these resources will come in handy:

Marketing a Video Tape, CD, and DVD Duplication and Transfer Services Business

Selling a Video Tape, CD, and DVD Duplication and Transfer Services Business

Are You Selling to Video Tape, CD, & DVD Duplication & Transfer Services Businesses?

If you sell to video tape, CD, and DVD duplication and transfer services businesses, you're in the wrong place. Try these resources instead:

Selling to Video Tape, CD, and DVD Duplication and Transfer Services Businesses

Mailing Lists for Video Tape, CD, and DVD Duplication and Transfer Services Businesses

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