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david90
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Any suggestion when it comes to starting a business in electronics (something with automotive)?
With our current economy, jobs are hard to get.
With our current economy, jobs are hard to get.
david90 said:what do you make?
david90 said:I didn't mean how much money. What kind of devices do you make?
The essential skills for starting a business in electronics include a strong foundation in electrical engineering, knowledge of circuit design and programming, proficiency in project management and budgeting, and a good understanding of market trends and consumer needs.
Some of the main challenges faced when starting a business in electronics include securing funding, navigating legal and regulatory requirements, finding and retaining skilled employees, and competing with established companies in the market.
To come up with a unique product idea for your electronics business, you can conduct market research to identify gaps or unmet needs in the market, brainstorm with a team, and keep up with technological advancements and consumer trends. Additionally, you can also seek inspiration from your own personal experiences or hobbies.
When choosing a location for your electronics business, it is important to consider factors such as proximity to suppliers and manufacturers, availability of skilled labor, accessibility to transportation and shipping, and the overall cost of living and doing business in the area.
To effectively market your electronics business, you can utilize various strategies such as creating a strong online presence through social media and a professional website, attending trade shows and networking events, partnering with other businesses or influencers, and offering promotions or discounts to attract customers.