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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
    Posts
    64
    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
    Join Date
    Jul 2018
    Posts
    17
    Thanks for sharing . Have a nice day.

  4. #4
    Join Date
    Jul 2018
    Location
    Bhopal
    Posts
    5
    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
    Join Date
    Jul 2018
    Location
    Essex, CT
    Posts
    16
    Great tips you share about starting business but main key on any startup is to keep cash flow in hand.

  6. #6
    Join Date
    Jul 2018
    Posts
    2

    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
    Join Date
    Jul 2018
    Location
    Essex, CT
    Posts
    16
    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
    Join Date
    Jul 2018
    Posts
    17

    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
    Join Date
    Jul 2018
    Posts
    17
    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
    Posts
    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 donít 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.

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