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Topic: Some things to consider before starting a business - page 14. (Read 3761 times)

newbie
Activity: 50
Merit: 0
Things to consider before starting a business:
1. What business do you want to have? First you must know what business do you want to have, is it a restaurant, having a boutique, bar, bake shop, etc. Choose the one that you are intersted at. Also know if there will be a market on that type of business. Also consider if there will be possible competitors.
2. How to start the business? Do you have any capital in form of money or facilities?? Does the business that you want suits your budget? What facilities/equipment do you need? Do you have raw materials? Where will you get it?
3. Where will you put up your business? Consider the place where you want to put it. Is it near school?? Chrurch? Or in the market? Always choose the area where people can easily see and recognize your store/shop.
4. Who will be your workers?


And in addition, Prepare your self before starting any business.

1. Upgrade your knowledge. Skills is different to knowledge.
2. Knowledge can be acquire through continuous studying of the specific field or area of specialization. Business is a division of labor, meaning you are not the one who work hard. Let others share their thought and ideas to have a better outcome.
3. Attend seminars related to your business. Let us accept that we are able learn different things everyday. Meaning, we are not perfect to learn all things around us in one shot.
4. Be friendly, fair, good leader, manager, and good worker to everyone to gain respect and successful business as a return.
member
Activity: 308
Merit: 12
Things to consider before starting a business:
1. What business do you want to have? First you must know what business do you want to have, is it a restaurant, having a boutique, bar, bake shop, etc. Choose the one that you are intersted at. Also know if there will be a market on that type of business. Also consider if there will be possible competitors.
2. How to start the business? Do you have any capital in form of money or facilities?? Does the business that you want suits your budget? What facilities/equipment do you need? Do you have raw materials? Where will you get it?
3. Where will you put up your business? Consider the place where you want to put it. Is it near school?? Chrurch? Or in the market? Always choose the area where people can easily see and recognize your store/shop.
4. Who will be your workers?
newbie
Activity: 26
Merit: 0
You should know about all the risks you could  take in this business. Don't force yourself to the dangerous area.
member
Activity: 420
Merit: 10
Now we can see a lot of business opportunities that exist around us, be it pure online business or offline business that is go online. However, the number of business opportunities does not necessarily allow us to choose and run the business we want.

There are a few things we need to consider and start preparing the business prepares capital, the second prepares the workforce, the third is the provision of raw materials as well as the techniques in running the business, marketing the business optimally, then profit a business, risk a business, concerning business competition and pay attention to the latest business management is the facility and the fringe
.          To start for a business, we should consider a good location , where there is a continuous flow of people in and out. Next to consider is  the kind of products  you wanted to sell. Is it parlor , restaurant or boutique and any other  kind that  will satisfies their needs. One thing more the most important is that ON How you deal to your customers  in good Service for them to come back and the consistency of the qualify of your products.
full member
Activity: 456
Merit: 100
When you want to start a business you have first to know the business your taking in. You have to careful on choosing the right facility that fits to your business,choose the right employee, make a business plan and make sure you put enough money on your savings incase of emergency.
full member
Activity: 560
Merit: 101
We need to consider plenty of things before starting up a business in order for it to become successful. First the location where your business is, the people that is wiling to help you, some strategic planning to long run the business, the capital, the team that will bring you to the top. Another thing to consider is the product you are going to introduce to the market and make sure that it is sellable, the harmonious relationship of the employees to the customers and i think this is very important so that customers wil patronize your products.
sr. member
Activity: 253
Merit: 250
The number one rule before starting any business is to have a solid plan. And the second rule is to understand the business will almost never come out or end up just like your original plan. However, it will usually be very similar. It will just evolve when you discover which things are possible and what things aren't possible, and adjust accordingly.
full member
Activity: 364
Merit: 100
Now we can see a lot of business opportunities that exist around us, be it pure online business or offline business that is go online. However, the number of business opportunities does not necessarily allow us to choose and run the business we want.

There are a few things we need to consider and start preparing the business prepares capital, the second prepares the workforce, the third is the provision of raw materials as well as the techniques in running the business, marketing the business optimally, then profit a business, risk a business, concerning business competition and pay attention to the latest business management is the facility and the fringe

Putting up a business is really hard because you need to consider a lot of things to make your business successful. First of course you consider your clients if they really need your products and second you must have the quality of the products. And I believe that with that simple thing it will help you to put a business effectively.
full member
Activity: 518
Merit: 101
Of the few points you mentioned, I think the most important of all is to pay attention to Business Management

because, no matter how small a business, it requires a good management because it is very related to the way we manage a business. Some people do have a natural ability in business management, but if you feel the need to learn more there is no harm in learning from others or hiring someone else's services to build a good business management.
Even before you start the business, you should research and make sure that the services or the products that you are going to sell to the people is going to be well received. if not people are not going to patronize your services.
Agreed.If you plan to start a business,make sure that it will attract the interest of most people,not just the high-class people.It should be very significant in a man's daily living so people would really look into it and definitely buy it.
Yes that is important things to consider to make sure that what you are going to do is the one you really love and of course make sure also that you can make time to deal with it. Focus first in one business at a time, when your business already grows that is the time where in you can add additional business or a franchise.
hero member
Activity: 2912
Merit: 613
Of the few points you mentioned, I think the most important of all is to pay attention to Business Management

because, no matter how small a business, it requires a good management because it is very related to the way we manage a business. Some people do have a natural ability in business management, but if you feel the need to learn more there is no harm in learning from others or hiring someone else's services to build a good business management.
Even before you start the business, you should research and make sure that the services or the products that you are going to sell to the people is going to be well received. if not people are not going to patronize your services.
Agreed.If you plan to start a business,make sure that it will attract the interest of most people,not just the high-class people.It should be very significant in a man's daily living so people would really look into it and definitely buy it.
member
Activity: 1120
Merit: 68
Well business is so broad when in terms of starting it. Entrepreneurship will be also included. The things you will consider are: your business plan, you should have a plan on what business you will take, is it a product or is it a service; your SWOT analysis, there should be a predicted strength, weaknesses, opportunity and threats for your business and will be updated once you have started; the time, is your product or service is appropriate for the time you will start it?; your rivals, there will be rivals when it comes to business, same product, same service and others; and of course your sources such as money, suppliers and others.
hero member
Activity: 2310
Merit: 532
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It's good to take into consideration the need for the specific service around the locality chosen for business implementation. Next thing important is, whether the business is production based, research based or service based. This will let you have a clear understanding and go for business. Along with it having an alternate plan is good, which might help when primary plan fails.
sr. member
Activity: 686
Merit: 253
Of the few points you mentioned, I think the most important of all is to pay attention to Business Management

because, no matter how small a business, it requires a good management because it is very related to the way we manage a business. Some people do have a natural ability in business management, but if you feel the need to learn more there is no harm in learning from others or hiring someone else's services to build a good business management.
Even before you start the business, you should research and make sure that the services or the products that you are going to sell to the people is going to be well received. if not people are not going to patronize your services.

Of course you must primarily have a touch with things on the ground before you start a business, you need to understand the market dynamics and the people that are likely to patronize them. These researches are so basic and need to be done prior to starting up else it makes the whole idea of setting up a business useless.
full member
Activity: 241
Merit: 100
Yes there are tons of things that you need to consider as important before starting a business, Like what is the concept of business, whether the concept is trending or not, how we must consider to manage it properly, what is the Funding and marketing plan for the business, how are competitors running their business and how can we defeat them in competition. This way you need to plan each and everything for your business and you need to take steps both by the smarter way and harder way.
sr. member
Activity: 868
Merit: 266
Of the few points you mentioned, I think the most important of all is to pay attention to Business Management

because, no matter how small a business, it requires a good management because it is very related to the way we manage a business. Some people do have a natural ability in business management, but if you feel the need to learn more there is no harm in learning from others or hiring someone else's services to build a good business management.
Even before you start the business, you should research and make sure that the services or the products that you are going to sell to the people is going to be well received. if not people are not going to patronize your services.
hero member
Activity: 2996
Merit: 609
Now we can see a lot of business opportunities that exist around us, be it pure online business or offline business that is go online. However, the number of business opportunities does not necessarily allow us to choose and run the business we want.

There are a few things we need to consider and start preparing the business prepares capital, the second prepares the workforce, the third is the provision of raw materials as well as the techniques in running the business, marketing the business optimally, then profit a business, risk a business, concerning business competition and pay attention to the latest business management is the facility and the fringe
Okay! before you start a business you/we must consider the following first is you must have the skills, skills where is very compatible to your business, second is you or we must have a strong and reliable plan, plan to secure your business and the third one is that you have the passion on your business...
You also need to research about your business idea, choose a business that will suite to the community. That's are some things to consider before stating business
Just want to add risk, risk must be consider before entering a business because not all business is in path of success and many different factor might affect output of any business.
This is always been considered if we do plan to have a business we would really always be ready on the risk involve on it and as being said not all business would really guarantee success anytime and expect there would really be hardships along the way before you would able to reach up the state of success.There are still lots of things to mind off.
newbie
Activity: 20
Merit: 0
Now we can see a lot of business opportunities that exist around us, be it pure online business or offline business that is go online. However, the number of business opportunities does not necessarily allow us to choose and run the business we want.

There are a few things we need to consider and start preparing the business prepares capital, the second prepares the workforce, the third is the provision of raw materials as well as the techniques in running the business, marketing the business optimally, then profit a business, risk a business, concerning business competition and pay attention to the latest business management is the facility and the fringe
Okay! before you start a business you/we must consider the following first is you must have the skills, skills where is very compatible to your business, second is you or we must have a strong and reliable plan, plan to secure your business and the third one is that you have the passion on your business...
You also need to research about your business idea, choose a business that will suite to the community. That's are some things to consider before stating business
Just want to add risk, risk must be consider before entering a business because not all business is in path of success and many different factor might affect output of any business.
member
Activity: 128
Merit: 10
Now we can see a lot of business opportunities that exist around us, be it pure online business or offline business that is go online. However, the number of business opportunities does not necessarily allow us to choose and run the business we want.

There are a few things we need to consider and start preparing the business prepares capital, the second prepares the workforce, the third is the provision of raw materials as well as the techniques in running the business, marketing the business optimally, then profit a business, risk a business, concerning business competition and pay attention to the latest business management is the facility and the fringe
Okay! before you start a business you/we must consider the following first is you must have the skills, skills where is very compatible to your business, second is you or we must have a strong and reliable plan, plan to secure your business and the third one is that you have the passion on your business...
You also need to research about your business idea, choose a business that will suite to the community. That's are some things to consider before stating business
full member
Activity: 462
Merit: 100
In starting a business, there are lots of factors to consider. The first is of course the business plan which involves the product or services that you intend to sell. Also, it must have a feasibility report on where the budget should be allotted. It is imperative that one must always have a marketing strategy, so that the business will be more competitive among others.
member
Activity: 209
Merit: 10
Before starting a business check first the location then do researching what goods to sell that people really need in their daily life then you must have a capital thats enough to put up a business and think what advertisement and promos to do to attract customers.
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