Being an individual if have you an idea of being independent, a vision to start your business, may it be a small business, and believe that it can be your bread and butter, then my friend you are on the right track. This ideology is the very bases of being an entrepreneur. In this 21st century being an employee of a multi-national company has become a trend. CTC, Job profile, years of experience etc. is what they focus on but only a handful of individuals envision of being an entrepreneur or start his/her own small business. In my personal opinion, such 'out of the box' ideology is respected and commendable.
As it is said ‘think big but start small’. Give your small business a strong identity, nurture it like a plant and see It grow into a tall and wide tree.Being an owner of a small business looks to be a shiny affair.Flexible hours to work, major share in what you earn, you are your own boss that means no pressure from superior, the perks & advantages will all be on your side.
Nevertheless it comes without saying that while putting your idea into action unprecedented hurdles will be waiting in your path during initial days of your small business. Some of them can be generalized.‘Running the entire show on your own’, you need to have enough expertise in various fields because you will be an accountant, salespersons, IT person, Human Resources and even at times an office boy. In short, you will be managing & operating at various macro levels and believe me it is going to be exhaustive.
Another important aspect is to manage the flow of cash. Figuring out the amount needed for the entire setup. What will be its source? Till how long will the budget serve this small business? What should be the breakeven? And many more..the list is long when it comes to money. A factor which is crucial and can’t be neglected is time management. Take it as a warning or advise you will be having tiresome days, sleepless nights, health issues etc & bound to lose track of time, not just for a single day but for endless cycles until and unless you reach your new & small business reaches a strong position.
The intensity of all these challenges varies according to the sector you are daring to step into. The preferred sector should be booming, long lasting, always preferred by the general audience so that right in the start customers would come looking for you. One such is the tourism sector. Everybody somewhere down the line is travel enthusiast. People love to travel; the facts and figures are itself a proof. Long & short vacations with families and friends, Honeymoon, Corporate Trips, traveling is always given priority above other leisure activities.
You would be asking yourself ‘will there be any relief or help even a little and spare some pain in setting up the necessary aspects?’Touchwood!!! There are companies to help you to overcome these challenges. At least but major ones. MOS World is a company that provides emerging entrepreneurs a strong base from where they can take their new & small business right into the mainstream. Own a travel Franchise with help of MOS World, be their client and you will not be disappointed. Franchise opportunities in Travel industry include becoming a Travel Agent, Air ticket agent, IRCTC booking agent & Travel Distributor.The company supplies their client with all their knowledge and support they need. This company also provides franchise business opportunities in varied sectors namely online money transfer, utility services, E-commerce and many more. Get in touch with executives from MOS World and give your idea of starting a small business the rudimentary wings.