Can anyone help me with some tips on business?

Question

I am thinking about running my own business in the future. I want to open a music store that sells instruments and apparel. I also want to teach lessons their. does anyone have any advice on what kind of classes I should be taking or just any good common knowledge of business?

Answer 1

The first thing you need is a business plan.  You can take classes such as business law, business administration, management, and other related classes to help you.  There are a lot of things you should know about starting a business such as fees, licenses, permits, city codes, rules, regulations, taxes, accounting..etc.   I would take classes or hire a business consultant.  

Answer 2

Make sure that the business you start, you are truly passionate about. If you are not passionate about it forget it. You are setting yourself up to fail. Whatever you do, don't do it just because of the money. You become a slave to that. Do it because you love to do it. Remeber there will be good days and there will be bad days. Plan the plan, take action and execute it.  Do your research. Know what you are getting into! Become an expert. Be unique, do something no one else has done. Prepare to be disappointed, discouraged, laughed at,by anyone and everyone. Above all remain positive, don't look back, and never, ever, ever, ever, ever, ever, ever, ever, ever, ever, give up!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! All the best to you and God Bless.

p.s. if you can avoid partnerships, they rarely go well. You can have associates and friends but,depend on no one else but you to get the job done!