5 answers
Cameron
Student
Johnson, Vermont
1
Question
Updated
1321 views
Whats the best way to start a business in a rural area?
I'm in 10th grade and both my parents own there own businesses and I feel I should do the same thing. I've always enjoyed working with my hands and building things at home, however I live in Vermont and don't know much more than what it would take to construct a workplace, much less marketing for a company.
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5 answers
Harry Moats
Vice-President
29
Answers
Woodstock, Georgia
Updated
Harry’s Answer
Contacts. Start making contacts, personal and professional. Get involved in the community, church, organizations that you see as a benefit to support your business when you start it. Let people see that you are honest and trustworthy and dependable.
Rebecca Tang
Banking
2431
Answers
Hong Kong
Updated
Rebecca’s Answer
Thank you for your question. I am glad to know that you would like to become an entrepreneur.
Below are my suggestions :
1. Run the handcraft business may not be sustainable and scalable. Think about some industry you have interest or you strength.
2. Do some analysis you on the industry, e.g. competition status, entry criteria, any alternative or substitute, etc.
3. Attend training related to the industry and attend some management courses
4. Work in the industry some time to understand the operating model.
5. Start the business online first if possible.
Hope this helps! Good Luck!
May Almighty God bless you!
Below are my suggestions :
1. Run the handcraft business may not be sustainable and scalable. Think about some industry you have interest or you strength.
2. Do some analysis you on the industry, e.g. competition status, entry criteria, any alternative or substitute, etc.
3. Attend training related to the industry and attend some management courses
4. Work in the industry some time to understand the operating model.
5. Start the business online first if possible.
Hope this helps! Good Luck!
May Almighty God bless you!
Richard A. (Tony) Eckel
49
Answers
Updated
Richard A. (Tony)’s Answer
Cameron,
Building a business requires entrepreneurship. An entrepreneur finds a market with an unmet or underserved need, fills that need, and makes money in the process or goes out of business when the money runs out. Each and every business has a different trajectory, from inventing a new product to simply purchasing a viable operation from someone leaving the business.
If you know what you enjoy doing, you might build a business based on that activity. Some home started business are handicrafts, woodworking, or niche products. A very good friend of mine built a wonderful business making copper weathervanes that started as an outgrowth of his wife's artwork and burgeoned into a very lucrative income. He had talents in metalworking, and his wife designed the product. He marketed his business putting ads in the back of outdoors magazines (yeah - it was a while ago....) but switched to a paid service that placed ads and took orders when it got to be too much for him. He was successful enough that he was able to raise prices to reduce order volumes so he wasn't working more than he wanted! His key was a very niche product that he cultivated with new weathervanes every year, keeping only those that sold well and never compromising on quality.
If you're more into the services sector, you might find that farmers in your area need a specialized service like manure spreading, and you can offer labor and equipment to do that so they can concentrate on animal care.
Point is, starting a business requires researching markets to find one where there is an opportunity for you to gain a foothold in something that you like to do, or at least provides an income that compensates for the effort. Remember that supply and demand sets the prices, so avoid "saturated" markets where too many folks are offering the same service; market prices will be cut-throat. Avoid markets with too little demand that limit revenue opportunities. Avoid products, whether or not you make them yourself, that are easily replicated because competition will quickly overwhelm you. And don't worry about failure - many successful businesses folks have failed once or twice!
Best approach is to learn "Business" (Buying, selling, logistics, finances, bookkeeping, contracting, costs, revenue, payroll, taxes, licenses, etc.) from your closest available experts (Mom and Dad???) while also becoming aware of business opportunities that YOU want to pursue. The key is to learn how to handle "back-office operations" first while also casting about to find business opportunities that will both make you happy and make you money. Then when you do start your own business, the focus will be on products and markets that will generate long lasting revenue and not getting bogged down learning the back-office stuff.
Take care and good luck,
Tony
Building a business requires entrepreneurship. An entrepreneur finds a market with an unmet or underserved need, fills that need, and makes money in the process or goes out of business when the money runs out. Each and every business has a different trajectory, from inventing a new product to simply purchasing a viable operation from someone leaving the business.
If you know what you enjoy doing, you might build a business based on that activity. Some home started business are handicrafts, woodworking, or niche products. A very good friend of mine built a wonderful business making copper weathervanes that started as an outgrowth of his wife's artwork and burgeoned into a very lucrative income. He had talents in metalworking, and his wife designed the product. He marketed his business putting ads in the back of outdoors magazines (yeah - it was a while ago....) but switched to a paid service that placed ads and took orders when it got to be too much for him. He was successful enough that he was able to raise prices to reduce order volumes so he wasn't working more than he wanted! His key was a very niche product that he cultivated with new weathervanes every year, keeping only those that sold well and never compromising on quality.
If you're more into the services sector, you might find that farmers in your area need a specialized service like manure spreading, and you can offer labor and equipment to do that so they can concentrate on animal care.
Point is, starting a business requires researching markets to find one where there is an opportunity for you to gain a foothold in something that you like to do, or at least provides an income that compensates for the effort. Remember that supply and demand sets the prices, so avoid "saturated" markets where too many folks are offering the same service; market prices will be cut-throat. Avoid markets with too little demand that limit revenue opportunities. Avoid products, whether or not you make them yourself, that are easily replicated because competition will quickly overwhelm you. And don't worry about failure - many successful businesses folks have failed once or twice!
Best approach is to learn "Business" (Buying, selling, logistics, finances, bookkeeping, contracting, costs, revenue, payroll, taxes, licenses, etc.) from your closest available experts (Mom and Dad???) while also becoming aware of business opportunities that YOU want to pursue. The key is to learn how to handle "back-office operations" first while also casting about to find business opportunities that will both make you happy and make you money. Then when you do start your own business, the focus will be on products and markets that will generate long lasting revenue and not getting bogged down learning the back-office stuff.
Take care and good luck,
Tony
Anthony Kofi Hene-Amoah
Translation, Editing, Project Management, Research and Evangelism
203
Answers
Jema, Brong Ahafo Region
Updated
Anthony’s Answer
Please, note the following, relating to the best way to start a business in a rural area:-
1. The particular location of the rural area, and your interest to be there.
2. The type of business and marketing opportunities.
3. The extent of your general knowledge in the business.
4. Consider the finances.
5. Your diligence and ability towards the business.
6. Positive attitude at all times, and good communication skills.
Best regards.
1. The particular location of the rural area, and your interest to be there.
2. The type of business and marketing opportunities.
3. The extent of your general knowledge in the business.
4. Consider the finances.
5. Your diligence and ability towards the business.
6. Positive attitude at all times, and good communication skills.
Best regards.
Edris Homenick
1
Answer
Stafford, Virginia
Updated
Edris’s Answer
It's great that you're thinking about this in 10th grade. Starting a business in a rural area means solving local needs and building community trust. If you enjoy working with your hands, begin with small, practical services like repairs or helping neighbors with projects. This will help you learn about pricing, customer interaction, and time management. In rural areas, good work and kindness are more effective than fancy marketing. Make flyers, post in local Facebook groups, and encourage happy customers to spread the word. You can learn the business side through free online courses, apprenticeships, or by asking local business owners for advice. Many successful contractors started small and grew over time. For example, Port Solutions DMV focused on reliability and community, then expanded their services. There's no need to rush into a full company. Start with small projects, learn along the way, and your skills and reputation will grow naturally.