Planning Your Own Business:
Length: 224 words (0.8 pages)
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Planning Your Own Business
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I would begin a new business as a mobile therapist. Starting a new
business involves a lot of risk. Therefore beginning as a mobile
therapist is not as risky because it is not large pay out. Buying a
new business is very large pay out and it is never guaranteed to work
out.
The name of my new business will be called Harmony. I will only need
one type of insurance, which is Product Liability Insurance, which
will protect me from claims made by clients who may be harmed by any
product, which is use on them. E.g. a severe oil.
This also will involve a cost of advertising. I would begin my
advertising in the local newspaper because that would aim for clients
within the local area. Otherwise this would involve higher travelling
costs.
I may get clients ringing at all hours but in many ways this is an
advantage because business is needed.
I would buy my goods from local retailers. Being a mobile therapist
means that there will not be many overheads. The main overhead will be
the telephoned bill, however that will vary. Unfortunately as a mobile
therapist holidays may be scarce. The good thing is that I can be my
own boss and I can make the decisions of what will happen to the
profits.
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