Starting a Business Articles
Starting a Two-Way Radio Sales & Service Business
These tips are written for those who hope to start a two-way radio sales and service business. Read this article before you open up shop.
Thinking about opening a two-way radio sales and service business? We tell you what you need to know to get started.
Business Plans 101 for Two-Way Radio Sales & Service Business Startups
Startup entrepreneurs slave over the creation of their business plans, investing countless hours in the details of their startup strategy. But your business plan won't be finished until you've included material about your industry.
Industry analyses are standard chapters in two-way radio sales and service company business plans and are often required by lenders or investors. Industry analyses are critical for contextualizing your startup within an industry setting.
To succeed, you'll need to be careful to avoid common industry analysis mistakes and to accurately represent your startup in an industry context.
Assess Competitors
Prior to launching a two-way radio sales and service business within your community, it's essential to determine what the competition looks like. We've provided the link below to help you get a list of local competitors nearby. After following the link, enter your city, state and zip code to get a list of two-way radio sales and service businesses in your area.
Is the local market large enough to support another two-way radio sales and service business? If not, you had better be sure that you are doing things much better than the competition.
Talk to People Who Are Already in the Business
As part of your due diligence on opening a two-way radio sales and service business, it's essential that you learn from folks who are already in business. Local competitors are not going to give you the time of day, mind you. What's in it for them?
But, a person who owns a two-way radio sales and service business in a different city will be much more likely to talk with you, as long as they don't view you as a competitive threat. In that case, the business owner may be more than happy to discuss the industry with you. Our estimate is that you may have to contact many business owners to find one who is willing to share his wisdom with you.
Want the scoop on finding a two-way radio sales and service business founder in another community?
It's easy. Here's a link you can use to find a mentor outside of your area.
Gaining Access to Two-Way Radio Sales & Service Business Ownership
Common sense will tell you that to enter the world of two-way radio sales and service business, you'll either need to start a new business or acquire a promising company on the business-for-sale marketplace. There are a lot of benefits of buying a two-way radio sales and service business.
If you're on the fence consider this: There has never been a better time to acquire a two-way radio sales and service business. The down economy has resulted in a glut of available businesses, many of which can be acquired for bargain prices.
Don't Rule Out Franchising
Purchasing a franchising lets you tap into a proven system developed by the franchisor.
Before you get too far along in your plan to open a two-way radio sales and service business, you would be wise to investigate whether there are good franchise opportunities available that might simplify your entering the business.
The link below gives you access to our franchise directory so you can see if there's a franchise opportunity for you. You might even find something that points you in a completely different direction.
More Advice for Startups
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Buying vs. Starting a Business
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