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Topic: Some things to consider before starting a business - page 15. (Read 3761 times)

sr. member
Activity: 476
Merit: 250
Stop and ask yourself what are your passions so that it comes out naturally within you. Your business must be something you love and something you are ready to devote most of your time with. Second is who is your target market, who are you're customers? By pointing out which market you will be catering, the better you'll have a target for the business. Make sure to always rearrange your thoughts and be open minded to new possibilities.
full member
Activity: 294
Merit: 100
I am not really good in business planning, but only I know before to start a business is that to ensure the percentage on gaining a big interest on the business you are planning to build. Like foe example in investing in bitcoin, you must see to it that you can eran more interest in invisting here in bitcoin. And that is important thing for me.
sr. member
Activity: 1330
Merit: 291
First you will to have of the business that you want to start  and not just because other people are doing well in the business and you just jump into that kind business. Location of the business is one of the major factors that need to be considered as to whether it is close to your target customers or market, availability of raw materials but that depends on the type of business you want to embark on.
newbie
Activity: 17
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
First step to start a good business is to having a right decision to make better like if you have money then think th best business you apply then next start to grow by keeping ang investing your money from ypur business!. 
member
Activity: 294
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.

Not quite true. In fact if you approach is wel planned then you could succeed in the business you want. As far as pure online business person must have liking for what he is doing. Otherwise lack of interest or passion will shun all doors of innovative ways to advance your business.
* Understand what you like has business potential or not.
* Survey your potential customers, market area
* Calculate amount of initial investment needed
* If possible meet some people who are already doing it already successfully (aka internship) this is optional.

These good for to begin with preparation of business.
On the off chance that you need to begin your own particular business then I need to propose you

To begin your business from low level contributing and get experience

Stay in touch with huge financial specialists

Stay in touch with your clients

Be tolerance and be straightforward.
sr. member
Activity: 630
Merit: 253
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
Promotion and marketing are the key pillars to make a buisness go booming.

you will know the business process before you will start. what you will start you know the process. Bitcoin help to invest the business process. and gather more information for the business process. so you will gather more information for the  future improve. bitcoin is future gather more business So before you will gather for the bitcoin process.
newbie
Activity: 40
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
Promotion and marketing are the key pillars to make a buisness go booming.
full member
Activity: 308
Merit: 100
having the required network is the key thing in your business. If you have a good network, money, workforce, customers as well as marketing will come easily. Its not what you know but who you know.
full member
Activity: 1092
Merit: 117
Only 5 from 100 businesses opened actually stay active and are successful. The rest of 95% either give up because it is to hard either they become bankrupt. I think the main reason why this happens is because many people try to copy other businesses like local shops. This is not bad because in some places people actually need shops but if you open one shop at 100 meters from another one it is clear that only one will remain profitable.

If you want to create a business you have to create a new product. Not necessarily a revolutionary one but something new that every person needs in everyday life. Something that is going to be commercialized in the whole country and maybe in the whole world. Dont try to copy other products and change only the design or the color because people will notice that.
sr. member
Activity: 1111
Merit: 255
Currently, no business may be compared with the income from investments in bitcoins. Enjoy the moment. So it's not always. Sooner or later, this window of opportunity closes. Then you will have more starting capital and you can easily start your business.

There are important thing to consider before putting up a business. First you must look for a good location where you can get and attract more costumers. Next, you must also consider the product. You're product must be in demand for daily use. You must put up a long term business where in you can get enough profit to sustain your business expences. You must also work hard for it, If you want to put up a good business and a successful one, you must set it with hardwork. A business without hardwork is like throwing your money in the air.
member
Activity: 714
Merit: 16
To start any business you must have business ideas and generalization. One don't just dabble into any business not knowing anything about it, secondly, you must study your business environment and proximity to the source of material needed for your business. More so, source of income should be noted and lastly for anyone to invest in a business you must be a risk taker and profit maximizer
full member
Activity: 294
Merit: 100
at the very beginning you should know what your preferred product to sell to people and to sell you to work together and compete with other products.
member
Activity: 116
Merit: 10
There are a lot of things to consider before starting a business. First the Business that you want to establish.make sure that you are familiar with it.second, proper choice of place.you have to find a good place to start your business. Third,capital. Make sure that you have enough resources to start your business. And last is Marketing strategy, at first few months it will be hard because not everybody knows what kind of business you have.you need to let them know by advertising your products.one way of doing that is through social media or online marketing.
first of all, before starting a business you should conduct your research about everything that you will do in your business, the place, if it is worth  it to buy and if the place is convenient to the people. next the product, if the costumer will mabenta at tatangkilin ng madla , next the customer, you must build their trust in order for you to have a good feedback and get more customer . all this this you will consider before starting a business after planning all of this i suggest that you must seek for the legal advice that will give an opinion about the plan you've done.
member
Activity: 166
Merit: 11
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

I really think that studying the location and your potential market is really important because it would determine if ever your business will bloom in the long run. Actually, there's a lot of things that you need to consider before starting a business.
hero member
Activity: 1190
Merit: 534
The basic checklist should be like this,

1) Passion - If someone is considering to start a business then should prefer his intuition and passion while doing it. It will give the solution to the question of 'What' kind of business should he do.

2) Studying Competitors - One should deeply study the business model of his future competitors so that he can get the idea of how it works in the industry and how can he enter into the market with his USP.

3) Business Plan - Spending some bucks for preparing a concrete business plan from the professional would help to save thousands of bucks and hours of time later by avoiding mess while operating the business activities.

4) Mentorship - One should always seek the mentorship to avoid the mistakes by learning from the experience of someone who has walked from that path before and thus having 'I don't know anything and I know mentor can help me with this' attitude would be beneficial for the growth of the business organisation.
full member
Activity: 216
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


for me first you need to learn more about what you really want,
then try to think of a good thing you really want to do.now if ure settled already you must prepare your capital.if you intend to sell,learn whats the best asset of the product that can make it unique from others.then the location more people the better.and last but not the least learn how to sales talk your product.its not about the product seriously.its how you introduce the product.well goodluck hope this helps even a bit.
legendary
Activity: 2520
Merit: 1040
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There are many things to consider in order to start a business and be successful in it. I will share some of it. One and probably the most important is the location of your business. Another is the knowledge you have in the business that you are starting. Third is if you have enough capital in it. Fourth is you must have a good and hardworking people in your business. Last maybe is the willingness to sacrifice and being ready in the challenges because in every business there is always ups and downs so be ready in it. Hope it helps brother.
jr. member
Activity: 51
Merit: 10
Small businesses are usually self-capital and even that is limited in number

Can also be supported by investors or loan capital If so be careful manage it.

Avoid Expansion of operating costs beyond the business plan, initially the best way to secure capital

is to check

daily financial position. Secure and record all the time
 As if your life depends on your capital
member
Activity: 210
Merit: 10
1. You must know what is the Right business for you .
2. You must have enough money to invest on that business .
3. You must be ready for the his and downs of that business .
4. You must have beg some advises to the business mans .
5 . be ready . then have your own business Smiley/
member
Activity: 112
Merit: 10
In starting a business you first need to identify your location then identify the type
of business for that location and study how market goes for your business.
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