Small Business Ventures- Brilliance or Folly?

59

By HubMob-RMC

 

Is starting a small business brilliance or folly?  Certainly options for home-based businesses and work from home businesses have never been greater.  The internet has made it possible for all of to have the world as our marketplace.  Many small business entrepreneurs make their living at a computer, whether it be online writing, or possibly online marketing.  Others may use the internet as but one of many marketing strategies. 

Most businesses offer products or services.  Obviously it is crucial that what is offered is actually something that people want or need.  Some products or services are necessities, like air conditioning, heating, plumbing and electricity.  Other businesses may offer gifts and “luxury” items.  Some may be very specialized niches.  In a down economy, people are more apt to continue paying for products and services that are considered necessities.  But do people spend money on extras when the budget is tight? 

So is it a great time to start a small business, because the options have never been greater?  Or with an uncertain economy, is it folly?  Our HubMobsters provide a wealth of knowledge and diverse prospective on small businesses. 

Small Business Success- What are the Odds?
Small Business Success- What are the Odds?
Princessa
Princessa
Shirley Anderson
Shirley Anderson
rmcrayne
rmcrayne
Maddie Ruud
Maddie Ruud

What’s a HubMob?

 

Each week Princessa announces a topic for the week.  Topics often reflect current events or upcoming holidays.  Some topics are whimsical.  Anyone who would like to write on the week’s topic can do so, thereby becoming a HubMobster.  There are a few rules, like HubMob hubs need to be started by clicking on the appropriate link to “answer” Princessa’s question. 

You can find the HubMob rules and the link for starting your hub in the weekly HubMob forum thread.  You can find the thread at the top of the Hubber’s Hangout Forum.  Announce the publication of your HubMob hubs in the forum thread, ask questions, answer questions, and support other HubMobsters.  Click here for this week’s forum thread. 

You can read Princessa’s hub, What is a Hubmob and how to join one, to learn more.  For even more information, Princessa has written How to Write a HubMob Hub:  Answering the request, adding the HubMob graphic and the RSS feed

For the last year Shirley Anderson has compiled the weekly HubMob roundup hub.  That means collecting all of the HubMob hubs written each week and conveniently linking to them in a roundup hub.  Our record-breaking Toys HubMob required four roundup hubs!  Shirley found herself too busy with her freelance work to continue rounding up our HubMob hubs.  She has promised to drop in on us and join in on the HubMob weekly topic when possible.  Shirley will continue to write hubs, and remains on the HubNuggets team. 

I have taken over the task of composing the weekly HubMob roundup hub/s.  If you’re so inclined, you can read more about me at rmcrayne

Maddie Ruud is our HubPages staff advisor for HubMob.  She’s our go-to person for technical advice and all the tough questions. 

The Advantages and Disadvantages of Franchising

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emievil The Importance of Managing Cash Flows

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List of Franchise Fees- Learn About License Fees, Royalty Fees & More

girly_girl09
girly_girl09

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5 Business Ideas for Moms

febriedethan
febriedethan

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Random Entrepreneurship Facts

LRobbins  Reasons Not to Become an Entrepreneur
LRobbins Reasons Not to Become an Entrepreneur

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Market Your Small Business by Using an Email Newsletter Campaign

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Flightkeeper

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Make Money Writing Online as a Home Based Business

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Has_aWayWithWords

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How to start a catering business

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Make Money Writing- Why dont I makd money from adsense

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sunforged

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Targeted Marketing: Market to Your Target Audience

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lakeerieartists

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Girls, Girls, Girls! Running A Small Business

janiek13   Liberty Tax Service Franchise:  Is It For You?
janiek13 Liberty Tax Service Franchise: Is It For You?

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swell your bank account through hospitality business

chinweike  how to start a small business and always smile to bank
chinweike how to start a small business and always smile to bank

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Baby Needs a Bottle and Mama needs a Satchel...

The Rope
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Work from Home Ideas for Busy Moms

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How to Start a Small Business Firm?

Kevin Peter   Business Bookkeeper-Jack of Accounting and Master of Books
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Know Your Customer: Data Needed in Setting up A Business

prettydarkhorse
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Internet Business Ideas That Didn't Work for Me!

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TnFlash

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An Ode to Used Bookstores: A Profile on Some Buffalo-Area Small Businesses

jellydonut25
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Some Important Tips To Consider When You Start A Business

alexandriaruthk   How to Get Data In Support Of Starting A Business:  Focus Group Discussion
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Make Money Easily from Home

Jane Grey   Create a Home Design Studio or Craft Space for Your Small Business
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How To Build A Successful Home Tutoring Business

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Making Money providing Doula Services

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How to start a business in India?

JYOTI KOTHARI
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Efficient Online Article Marketing means drawing traffic to your hubs

vox vocis
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Want Business Ideas for Small or Large Concerns? Try Mind Mapping and Free Your Mind!

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Expert Consulting- How to Establish Yourself as an Expert Consultant

rmcrayne   Small Business Ideas- Cultivate Profit Centers to Make a Living Without a Job
rmcrayne Small Business Ideas- Cultivate Profit Centers to Make a Living Without a Job

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Turning Your Hobby into a Business

Chuck  Small Business and the Tax Revolt
Chuck Small Business and the Tax Revolt

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Small Business HubMob

Starting a Small Business

Paradise7 profile image

Paradise7 Level 7 Commenter 2 years ago

Good hub, RM. I've read most of the hubmob hubs and can't decide this time so I haven't voted yet. Good work, keep it up, friend.

rmcrayne profile image

rmcrayne Level 4 Commenter 2 years ago

Paradise the voting is for feedback for each individual hubber. Over the course of the week of course some hubbers make multiple submissions.

cashmere profile image

cashmere Level 5 Commenter 2 years ago

New hubs coming up! Wonder how many we will have this week?

rmcrayne profile image

rmcrayne Level 4 Commenter 2 years ago

cashmere we're at 16 hubs now. I'm predicting 40 to 50.

alexandriaruthk profile image

alexandriaruthk 2 years ago

thank you rmcrayne for a job well done and for your effort too!

rmcrayne profile image

rmcrayne Level 4 Commenter 2 years ago

Thanks so much alexandriaruthk. It's good to be appreciated.

chinweike profile image

chinweike 2 years ago

I agree with you rmcrayne, there is no better time to start a small business than now. Not only are the budget tight, but, companies are down sizing just to please the shareholders. Good mob round up from you.

Cheers!

rmcrayne profile image

rmcrayne Level 4 Commenter 2 years ago

chinweike thanks for reading. But I didn't say there is no better time to start a small business. I posed it as a question. My personal experience was that it was an awful time, but that's another hub for another day.

prettydarkhorse profile image

prettydarkhorse Level 2 Commenter 2 years ago

Thank you rmcrayne for your untiring support of the HUBMOB, Maita

chinweike profile image

chinweike 2 years ago

Ok, my eyes went on strike. But, in my own opinion and considering the country am writing from, their is no better time to venture into small business. The highest employer in Nigeria which is the bank are retrenching people on a daily basis.

Thanks for the correction

rmcrayne profile image

rmcrayne Level 4 Commenter 2 years ago

Thanks Maita. It's nice to be appreciated. My new duties have however cut into my time reading other hubbers, while at the same time, exposing me to scores of great HubMob hubs to read!

rmcrayne profile image

rmcrayne Level 4 Commenter 2 years ago

Thanks chinweike for checking back!

My sibs and I tried selling some of our handcrafted items this year at a number of craft fairs and flea markets. Even the veteran crafters/sellers were not making any sales. After multiple times hauling all that stuff and displaying, we decided to pack it all away and try again in 6 to 12 months.

Neil Ashworth profile image

Neil Ashworth 2 years ago

Great content for a hub. I'll bookmark this one for later...

rmcrayne profile image

rmcrayne Level 4 Commenter 2 years ago

Neil, HubMOb roundups are always a "bargain". Numerous great hubs on your topic, already collected for you!

Thomas 2 years ago

Before you start any business, it is advisable to do a simple budget. A simple budget will ensure that you do not over exposed your financial commitment which could be dentriment to your business on-going.

Thomas of http://www.budgetingandforecastingsoftware.org

rmcrayne profile image

rmcrayne Level 4 Commenter 2 years ago

Good advice about having a budget Thomas. Your site has not yet been reviewed by Norton, so I did not go there.

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