What to do to start a small business?

[raaman]

10 Things to think about to start a small business.
1. How much experience do you have in the industry you are going to do business?

2. Starting a business alone or starting a business with friends as partners?

3. What is the value of a cash investment?

4. Want to manage the work or just want to get the job done?

5. How are the competitions in your industry?

6. What is the new marketing method you are going to inject into your business?

7. How long can you repay what you have invested in the business?

8. Will the loss in business affect the family on a large scale?

9. If you are an outside borrower, how many people are willing to pay you?

10. What is the amount of money you can save on a monthly basis to cover your family expenses?

 

[Mataracy]

Whenever somebody want to start a business. The first thing to think about is that:
(1) One need to have passion for what you are about to do.
(2) Dis you have knowledge about what about to start or you can seek opinion from those who know more in the business.
(3) The resources to start the business also matter.
(4) The environment where one is about to put the business also important.

 

[Sotherefore]

Do you really think all these things are necessary to be put into consideration when you have not tested the business to see how lucrative the business will be ? when you are just starting up a business it is advisable to know if the business will be lucrative based on the location you are locating the business, that is all for me m

 

[btaliat]

Starting a business is one of the hardest decisions to take. This is because the choice that we make during that time may affect the future of the business and even the business owner. That's why we need to choose wisely. There must be passion and experience on any intending chosen business.

 

[kayode10]

It is very important to ask all these critical questions and some others before you decided to establish a business. I think it is also good to look how possible it is to make sales with the business you want to establish. Business Will Survive so many things but we struggle if sales are not coming in regularly.