How to create a business while limiting risks

While he was still Minister for the Economy, Productive Recovery and Digitalisation, Arnaud Montebourg made a shocking revelation. Every year in France, 63,000 companies close their doors, although this figure is well below the 815,000 new companies created, it is a sobering thought.

How to create a business while limiting risks

While he was still Minister for the Economy, Productive Recovery and Digitalisation, Arnaud Montebourg made a shocking revelation. Every year in France, 63,000 companies close their doors, although this figure is well below the 815,000 new companies created, it is a sobering thought. After all, behind every bankruptcy there are huge financial losses and heavy psychological repercussions.opening a business comes with risks. That's a fact for sure. Are there ways to be entrepreneurial by reducing the risks? The answer is a resounding yes.

If you want to get started but are afraid of losing everything, the following two business models are for you.

Dropshipping to benefit from a minimal investment Have you

ever heard of dropshipping? No one knows exactly when it started, but one thing is clear: it is the shortest way to start an online shop without taking big risks. Far from the traditional sales systems, dropshipping allows you to make money on the internet without renting a warehouse or building up stocks. All you have to do is find the ideal name for your shop using name generators , find products you like in a wholesaler's catalogue and open your online shop. When the customer places an order, the information is passed on to the supplier, who will ship the items directly to the buyer. With dropshipping, you don't pay 1 cent to buy or reserve the goods.

The wholesaler's share is automatically transferred to the wholesaler for each transaction, and you make a rather comfortable profit margin.

Franchising to exploit the aura of a recognized brandDo

you have a fast food store near your home? For entrepreneurs who want to have a physical space, franchising is an opportunity to explore in detail. To put it simply, you become the manager of a business in the colours of a large group. The layout of the room, the graphic design and the services you offer must correspond to the company's specifications, and you will receive a lot of support in return. Firstly, thanks to the notoriety of the brand, you will not have to invest astronomical sums in advertising. Another important advantage is that most franchise systems offer their franchisees training in management and administration.

For a person without professional or entrepreneurial experience, franchising offers support that can make all the difference. According to some sources, franchised businesses are more likely to succeed than those run by self-employed workers. Do you want to be entrepreneurial but are blocked by the fear of losing all your assets? With dropshipping or franchising, on the internet or in physical commerce, it is possible to become your own boss while limiting the risks as much as possible.