Wondering how to start a feng shui business? We take you step-by-step from start to success.
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Creating a Business Plan for a Feng Shui Business
A common mistake for a small business owner is to not create a business plan.
A good business plan defines the game plan. If you don't have a business plan, your leadership will be handicapped, choosing short-term opportunities at the expense of long-term benefits.
Before you make another business decision and before you start writing a business plan, you need to create a mission statement. From there, the other piece of the business plan puzzle will begin to fall in place.
Prior to opening a feng shui business in your area, it's worthwhile to find out how many competitors you have. Try our link below to generate a list of competitors in your city. Simply enter your city, state and zip code to get a list of feng shui businesses in your town.
How tough is the competition in the market you are considering? If the competition is too tough, you may need to think about starting the business in a different area or even start a completely different business instead.
Studying the Market
If you are interested in starting a feng shui business, you really ought to learn as much as you can from somebody who is already in the business. If you think owners of nearby feng shui businesses will give you advice, think again. The last thing they want to do is help you to be a better competitor.
Thankfully, an owner of a a feng shui business in a different city may be willing to share their entrepreneurial wisdom with you, given that you don't compete with them in their area. In fact, they are often very willing to share startup advice 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.
Want the scoop on finding a feng shui business manager who is willing to advise you because you live in different cities?
We can help. Follow the link below, try a few city/state combos or zipcodes, and then start calling!
Advantages of a Feng Shui Business Purchase
Every entrepreneur dreams about building a highly successful company from the ground up. Yet feng shui business startups aren't easy - many fail within the first year.
There are a lot of factors that need to be considered in buying vs. starting a business. While other startups are just getting on their feet, a business purchase dramatically improves the odds that your feng shui business will be realizing net income from the outset of your ownership engagement.
Consider Buying a Franchise
Your chances of achieving the entrepreneurial goal of surviving in business are higher if you opt for franchising instead of doing it all on your own.
If your goal is to start a feng shui business, you may want to check out whether purchasing a franchise might help you on your entrepreneurial journey.
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 starting a business may be of interest to you.
If you sell to feng shui businesses, you're in the wrong place. These resources are more appropriate for you:
If you are still exploring all of your options, please browse our directory of guides below.