To start a business, is it easier to sell a good or a service?
It is more capital extensive, althrough easier, to sell things by goods. Example, In order to sell diamond rings, you have to find a manufactor who will sell the goods a discount. Research the target market for your product, and invest in getting that product in front of consumers who need it.A service-based provider, while generally costs will be reduced knows exactly what he is offering. As it be known every business needs bookkeeping, so the bookkeepers have to compete for your business in that given field.Business Survivalability depends on, how the business is managed, the production of the company exceeds the input, and it has the necessary capital to grow, expand, or take a loss, both service industries and goods have weaknesses & strengths. If your building a business, build it around your strengths, and hire your weaker parts.Thanks,David StewartCEOFirst Star Accounting Services, LLCwww.firststaraccountingservices.com
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