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Business Ideas Forum
5 Ways to Realize Your Business Ideas
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[QUOTE="Suba, post: 339623, member: 3658"] Often business ideas are easy to find but very difficult to realize, even many beginners don't know where to start to build a business or they realize their business ideas in the wrong direction, making the business unable to run smoothly. Here are some simple ways to realize your business as follows: 1. Define the Business Idea If you have got a brilliant and promising idea, you can immediately define your business idea by creating a more specific concept, type of trading or production business, how to get suppliers, target market/consumers, etc. 2. Create a Business Plan A business plan begins with a vision and mission, so that the business development process will be directed according to the goals. At this stage you also need to estimate all the resources needed, including knowledge, skills, equipment, production costs, business location, marketing methods, etc. In your business plan you have also estimated the capital needed, where the capital will come from, whether from savings, family loans, etc. Estimated operational costs for at least the first month. 3. Make notes on a to do list At this stage, the business idea will be ready to be realized by making a detailed list of activities that must be done (to-do list) such as finding a strategic business location, looking for trusted and cheap suppliers, purchasing the required equipment, production process, employees, launch time. products, how to introduce or promote them to consumers, etc. 4. Set Deadlines Whatever you do without a deadline will be useless, so you must determine the deadline according to your business plan. Deadlines will make you disciplined in the business plans that have been made, from the planning process to product launch. 5. Review and Evaluation At this final stage you still need to review and evaluate the business plan for any errors or activities that are not in accordance with the plan. Maybe you need improvements so that your business plan will be more perfect. [/QUOTE]
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5 Ways to Realize Your Business Ideas
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