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Thread: 10 Tips To Start Your Own Business

  1. #1

    10 Tips To Start Your Own Business

    Probably at some time you have come up with the idea of ​​making or starting a new business or personal project.
    It is a fact that in addition to the initial decision to undertake a project that allows you to become professionally independent and not lose enthusiasm, we must take into account some aspects or ideas that help us plan how to start this new challenge.
    Here we list 10 tips to take into account to start a new business or personal project and that this increases your chances of success.
    Establish a plan that allows you to define the steps to follow to achieve the desired goal, this will allow you to visualize the priorities and immediate needs in a more organized manner.
    Carefully plan who will form the work team so that everyone has the knowledge appropriate to the area of ​​work in which they will work.
    It is important that each member of the team contribute something new or valuable to the project, sharing the same objectives, which will make them feel motivated and committed.
    Having a defined focus will help to establish an action plan and never lose sight of the main goal since sometimes so many ideas arise that we end up not landing any.
    Carrying out a market study is essential to know what the real possibilities of success are, to know who the competition is, to establish costs according to the area and above all to offer something innovative to the public to whom the service is directed.
    The response capacity must be adaptable to both the challenges and the obstacles that may be encountered along the way.
    Take into account in addition to the initial investment, all the extra expenses that may arise, since in the beginning there will be more expenses than income.
    Bear in mind that training is essential to be updated and to offer a quality service.
    Remember that we are not experts in everything, therefore, it is necessary to have at hand a legal and accounting adviser in case you require your advice.
    Being persevering is essential since at the beginning you will have to face an infinity of challenges, in addition to having the capacity for self-evaluation and self-observation.

  2. #2
    Join Date
    Sep 2017
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    71
    very nice. I just wrote a article on a similar subject however mine was 10 tips to grow your business. Meaning a already established one.
    TIP 1 : SOCIAL MEDIA, BE WHERE YOUR CUSTOMERS ARE.
    IP 2 : CREATE A REFERRAL ASKING PROCESS
    TIP 3: RESEARCH AND UNDERSTAND YOUR MARKET
    TIP 4 : USE YOUR COMPETITION
    TIP : 5 START SMALL AND USE YOUR AGILITY
    TIP 6 : ESTABLISH A PASSIVE INCOME.
    TIP 7 EXPAND ON YOUR ESTABLISHED MARKET.
    TIP 8 : MAKE A PROCESS FOR EVERYTHING.
    TIP 9 : THE RIGHT WAY TO CLIENT TESTIMONIALS
    TIP 10 :RUN YOUR BUSINESS LIKE A BUSINESS.


    Being persevering is essential since at the beginning you will have to face an infinity of challenges, in addition to having the capacity for self-evaluation and self-observation.
    Probably you most important line, nothing could be more true in business

  3. #3
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    Jul 2018
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    Thanks for sharing . Have a nice day.

  4. #4
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    I totally agree with ragnar's opinion. However, additionally, I would suggest you to utilize business softwares available in the market for accounting, billing, employee management, invoicing and so forth.

  5. #5
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    Essex, CT
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    Great tips you share about starting business but main key on any startup is to keep cash flow in hand.

  6. #6
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    Jul 2018
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    Ways to get funding to start a business

    Quote Originally Posted by theceo View Post
    Probably at some time you have come up with the idea of ​​making or starting a new business or personal project.
    It is a fact that in addition to the initial decision to undertake a project that allows you to become professionally independent and not lose enthusiasm, we must take into account some aspects or ideas that help us plan how to start this new challenge.
    Here we list 10 tips to take into account to start a new business or personal project and that this increases your chances of success.
    Establish a plan that allows you to define the steps to follow to achieve the desired goal, this will allow you to visualize the priorities and immediate needs in a more organized manner.
    Carefully plan who will form the work team so that everyone has the knowledge appropriate to the area of ​​work in which they will work.
    It is important that each member of the team contribute something new or valuable to the project, sharing the same objectives, which will make them feel motivated and committed.
    Having a defined focus will help to establish an action plan and never lose sight of the main goal since sometimes so many ideas arise that we end up not landing any.
    Carrying out a market study is essential to know what the real possibilities of success are, to know who the competition is, to establish costs according to the area and above all to offer something innovative to the public to whom the service is directed.
    The response capacity must be adaptable to both the challenges and the obstacles that may be encountered along the way.
    Take into account in addition to the initial investment, all the extra expenses that may arise, since in the beginning there will be more expenses than income.
    Bear in mind that training is essential to be updated and to offer a quality service.
    Remember that we are not experts in everything, therefore, it is necessary to have at hand a legal and accounting adviser in case you require your advice.
    Being persevering is essential since at the beginning you will have to face an infinity of challenges, in addition to having the capacity for self-evaluation and self-observation.
    All the tips are valuable but the main issue of which a person face when starting a business is 'Funding'. Now a days its not much difficult to obtain a business cash advance or personal loans due to private lenders. One can easily get cash advance from these lenders with minimal documentation. Some reputable lenders include 'Merchant Advisors' and 'Capify' etc...

  7. #7
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    Jul 2018
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    Essex, CT
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    Quote Originally Posted by nicoleadam View Post
    All the tips are valuable but the main issue of which a person face when starting a business is 'Funding'. Now a days its not much difficult to obtain a business cash advance or personal loans due to private lenders. One can easily get cash advance from these lenders with minimal documentation. Some reputable lenders include 'Merchant Advisors' and 'Capify' etc...
    I completely agree with you when planning to starting a business is the first step come is a financial solution and rest of your plan about your business depend on it.

  8. #8
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    Jul 2018
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    Thanks for the great tips

    Quote Originally Posted by theceo View Post
    Probably at some time you have come up with the idea of ​​making or starting a new business or personal project.
    It is a fact that in addition to the initial decision to undertake a project that allows you to become professionally independent and not lose enthusiasm, we must take into account some aspects or ideas that help us plan how to start this new challenge.
    Here we list 10 tips to take into account to start a new business or personal project and that this increases your chances of success.
    Establish a plan that allows you to define the steps to follow to achieve the desired goal, this will allow you to visualize the priorities and immediate needs in a more organized manner.
    Carefully plan who will form the work team so that everyone has the knowledge appropriate to the area of ​​work in which they will work.
    It is important that each member of the team contribute something new or valuable to the project, sharing the same objectives, which will make them feel motivated and committed.
    Having a defined focus will help to establish an action plan and never lose sight of the main goal since sometimes so many ideas arise that we end up not landing any.
    Carrying out a market study is essential to know what the real possibilities of success are, to know who the competition is, to establish costs according to the area and above all to offer something innovative to the public to whom the service is directed.
    The response capacity must be adaptable to both the challenges and the obstacles that may be encountered along the way.
    Take into account in addition to the initial investment, all the extra expenses that may arise, since in the beginning there will be more expenses than income.
    Bear in mind that training is essential to be updated and to offer a quality service.
    Remember that we are not experts in everything, therefore, it is necessary to have at hand a legal and accounting adviser in case you require your advice.
    Being persevering is essential since at the beginning you will have to face an infinity of challenges, in addition to having the capacity for self-evaluation and self-observation.
    Good Job Anna!

  9. #9
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    Jul 2018
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    Quote Originally Posted by nicoleadam View Post
    All the tips are valuable but the main issue of which a person face when starting a business is 'Funding'. Now a days its not much difficult to obtain a business cash advance or personal loans due to private lenders. One can easily get cash advance from these lenders with minimal documentation. Some reputable lenders include 'Merchant Advisors' and 'Capify' etc...
    Yeah ... that's true ... Funding is the primary requirement for any business.

  10. #10
    Join Date
    Aug 2018
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    1
    In order to start a business one must be very smart. You may have an idea or a start-up to develop, but you have to be careful about the investment, investment is the first aspect to worry about. You can borrow from family or friends, but it is better to borrow from a lender online because you don’t want to spoil your relationship with close people. Also, be sure to make some kind of the business plan, you need to create business objectives and goals in order not to fail with business in the first five years. Have a financial advisor look after the business idea of yours and advise on the best marketing techniques.

  11. #11
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    Sep 2017
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    Funding is a mjor issue, especially since when you start online or offline there will already be established businesses in your niche. From the online perspective , natural seo is giving way to localisation so you can get some traffic in that manner, nut paid advertising is taking the lead on search engines and even social media platforms. So money needs to be spent to make money. Offline its very much the same, print media nd other advertising, is very expensive, especially for a startup with no real income yet.

    I remember reading before you start a business you have to have a cash buffer of at least 3 months because you wont be making any real money in those first three months lol.

    Its a hard truth, unless you are innovative enough to get involved with people in other ways like networking or working woth parties that can bring you work, work heavily on refers either way you still have to build a reputation. Start ups are not easy.

  12. #12
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    Sep 2018
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    Business trends and tips

    If you wish to start a new business make sure you cope up with the latest business trends. The Digital marketing strategy is very very important for your business as for the current business trends and I will shoot out some of the quick facts to let you know its importance.

    Why digital marketing is Important?

    The top 10 reasons for “Why do businesses need digital marketing?

    Survival:-

    The business needs to be survived and updated with the latest trends so as to make sure you survive in this business industry. This may be an exclamatory note but still, this has to be accomplished to make your survival.

    Beware of your Competitors:-

    As the word business comes into your mind, the mere next knock is with the competitors. So you should be aware of what your competitors are doing to bring out the best. If you are competing with the top competitors, obviously they would have a love for digital marketing and you’ve to hit the boundary line to win the game.

    More Customers, High Traffic:-

    If you implement digital marketing strategy in your business, believe me in short or a long term you will find the metrics have increased and it will help you to get more customers.

    The digital marketing is a big deal now and you necessarily has to get in to it to compete with your competitors. I have been associated with many top digital marketing companies and I could suggest you to get in touch them to make the digital marketing presence for your business.

  13. #13
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    Nov 2017
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    4
    while starting a new business, go for the cloud-based solution to manage all your business task at one place an affordable cost.

  14. #14
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    Nov 2017
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    India
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    Quote Originally Posted by Olivia638 View Post
    while starting a new business, go for the cloud-based solution to manage all your business task at one place an affordable cost.
    Agreed, cloud based solution helping SMBs and startups to make themselves upgraded and manage all their work at one place with the real time accurate reports.

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