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Thread: Tips for start your own business??

  1. #16
    Join Date
    Mar 2010
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    It is very exciting to start your own business. Proper planning and foundation is very important. It sounds like you've put a lot of good work and thought into your start up. Good luck to you and best wishes for great success!
    Warm Regards,

    Denise

  2. #17
    Join Date
    Nov 2011
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    Think like a customer for your proposed business and provide them quality products and services which are direct proportional to more customers and business.Planning is the first and foremost topic you need to address when you are looking to start your own business.Starting own business during recession takes lot of guts, but it's a smart decision.

  3. #18
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    Nov 2011
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    13
    In order to start a business you will need to consider first is your budget. So that you will have an idea on how large your business will going to have. However, It is still good to start in a small business with a small capacity of employees and when your business is stable for almost 2 years you can now expand.

  4. #19
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    Jul 2012
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    India
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    Tips for starting business

    starting new business is not an easy task.you need to consider following things:
    1) First decide what you like to offer your customer.for that you need to know what is customer demand,what they desire.Because customer buy only those product,which they want.
    2) Do market research which helps you to know different market,leading brands,new product development,business trends etc.
    3) proper business planning and financial planning is important for any business.you need to plan out budget which require to set up your business.
    4) Always start with small business plan.Because once you get an idea how to run or manage it,you will able to expand it.

  5. #20
    Join Date
    Aug 2012
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    3
    Get yourself and your business organized financially and operationally, and make sure communications are clear and written. These are the critical basics to being a good business person. And being a good business person is essential to make your business a success!

  6. #21
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    Jan 2005
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    Idaho USA
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    Another copy/paste from eHow?
    The Old Sarge

  7. #22
    Join Date
    Mar 2010
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    360
    Tip 1. Don't be a slave to your business plan.

    You do need a written business plan (unless a golden opportunity appears, and you have to seize it there and then). The discipline of planning helps you foresee problems, and the last thing you will need when the business is running is unforeseen problems. A written business plan also helps other people to advise you before you are committed.

    But... Businesses rarely develop according to plan. Be prepared to be flexible when the plan needs changing. A business plan is not a "law", and you don't get punished for breaking it in cases of urgent need.


    Tip 2. Borrow as little as possible, and as late as possible.

    Many businesses fail because the urgent need to meet repayments on loans makes them concentrate more on immediate cashflow rather than on long-term profits. (I've seen a businessman take on deals that were almost certain to turn out unprofitable, just so he could take a 50% deposit from his customers to make urgent bank repayments. His firm did, of course, go bust.)

  8. #23
    Join Date
    Jul 2012
    Location
    India
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    The pointers mentioned are quite helpful. Since you're already on the track to achieving your goal I just have one suggestion, build and expand on your customer base. Come up with a unique style of advertising and stand out from the competition.
    Wish you all the very best in your future.

  9. #24
    Join Date
    Jan 2013
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    If you want to start your own business from home, you have to make a complete plan and execute it. This article i have read, it could be helpful to you http://www.techpluto.com/tips-for-st...ess-from-home/

  10. #25
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    Jul 2012
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    India
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    it's a Nice thread here we have got the various ideas for business starting to run successfully, i have got idea that is start business from the initial research about business you willing to do, keep product at the center and manage or gather information about it, it's requirement from raw material required upto it's market where to sell product, do study about our competitors, what they are providing to customer and what is review of customer on it's services decide accordingly our product quality price and targeted market for launching the product...
    okay, hopefully it will beneficial for all of us...!

  11. #26
    Join Date
    Jan 2013
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    17
    if you want to start your business you should have some imp points in your mind: 1. choose your right business, 2. Marketing, 3. Clean account book. I have read this article, this article may be helpful for you: http://www.techpluto.com/how-to-star...dget-business/

  12. #27
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    Jul 2012
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    India
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    Quote Originally Posted by Joe Micheal View Post
    I’d like to give you some quick tips and pointers on how you can succeed in your business:

    - Take note of your skills, talents and interests.
    - Finding out is there a market for your idea/skills
    - Make realistic business plan and follow it.
    - Think like a customer for your proposed business and provide them quality products and services which are direct proportional to more customers and business.
    - Determine how you will gain customers
    - Effectively manage your time and continuing to learn more about your business and customers.
    - Consider professional help in advertising your business, for this you can sign-up on online business marketplaces where their experts help and guide you regarding marketing tips and latest business trends.
    Along with these tips you need to good command over time management, best co-ordination with your colleagues as well as employees those things will lead you to the success...!

  13. #28
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    Jan 2013
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    20
    Yeah all answers in this thread is really very helpful for getting into the new business. it really helps me out. Thanks!!

  14. #29
    Join Date
    Feb 2013
    Posts
    1
    Start a new business that's really a very nice idea to earn lots of money quick and easy way. If you want to start a new business, then you must need to do a planning for finance and business management because it helps to make business successful.

  15. #30
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    Jul 2012
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    India
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    Quote Originally Posted by vincy View Post
    Hello friends

    1) Do what you love:You're going to devote a lot of time and energy to starting a business and building it into a successful enterprise, so it's really important that you truly deeply enjoy what you do, whether it is running fishing charters, creating pottery or providing financial advice.
    2) Start your business while you're still employed:How long can most people live without money? Not long. And it may be a long time before your new business actually makes any profits. Being employed while you're starting your business means money in your pocket while you're going through the business start up process.
    3) Don't do it alone:You need a support system while you're starting a business. A family member or friend that you can bounce ideas off and who will listen sympathetically to the latest business start up crisis is invaluable.
    4) Get clients or customers firston't wait until you've officially started your business to line these up, because your business can't survive without them. Do the networking. Make the contacts. Sell or even give away your products or services. You can't start marketing too soon.
    5) Write a business plan:The main reason for doing a business plan first is that it can help you avoid sinking your time and money into starting a business that will not succeed.

    Have a nice day
    Well said, These are the nice tips, Business starting is not like you work for overnight and next day you have your own well settled business.
    For starting new business important thing is recognize the right time for starting new business, Studies about business is on going process it will never end before and after starting business so keeping updated yourself is necessary.

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