Best way to start a business.

[Ralphjoe]

Yeah right, every business have a great potential if you can manage it well.

Everyone is opening up their own saloons and grocery store whenever they get some cash but only few of them can sustain it because they lack something which I have been trying to let you know "endurance", they can't endure when they are not selling, that is why you have to plan and start a concrete business. Let me ask you a question, what will you do if you don't have any sale for a month, how will you handle it.

It will be very difficult for anyone to be able to continue when they are not selling in any business that is startup as it can be so frustrating. Take yourself for instance, you put in the last amount of money that you have to start a business and at the end of the day you are not selling you are making a loss but you get frustrated and at the time that the business we continue making loss, at a point, you will be tempted to close up the business.

 

[Bousine123]

Firstly you should have in your mind the kind of business you want to do. Secondly you should consider the amount of capital you have with you for the business.

 

[Ghost1]

I would say that it depends on the size of your dream and the depth of your pockets. It doesn't matter how big your ideas are, without enough funds, you'd have to scale it down.

Exactly, everything boils down to your capital. The money available to start a business. Some people may chose to start small just to observe how it's going

 

[Niftyyem]

Exactly, everything boils down to your capital. The money available to start a business. Some people may chose to start small just to observe how it's going

Starting small also helps to manage risks. There is nothing wrong with a huge business start up but I think that it is easier for a new owner to manage small to medium sized business effectively.

 

[Kelly5]

Starting business in small scale or large scale is something that is a bit of a choice to individuals going into business. Their capital base determines the type of business scale they would want to start I surpose

 

[eLdavis]

Starting business in small scale or large scale is something that is a bit of a choice to individuals going into business. Their capital base determines the type of business scale they would want to start I surpose

That's true, the capital at hand would determine if the business owner should setup a large scale business or a smaller scale one. Though it is easier to carry out a small scale business, many do not like it , they prefer starting big

 

[Kelly5]

That's true, the capital at hand would determine if the business owner should setup a large scale business or a smaller scale one. Though it is easier to carry out a small scale business, many do not like it , they prefer starting big

Ofcourse they'll prefer starting big. But if they don't have such large size of capital for this big scale they would have Love to start with, they have no choice but to start it small and grow it from there up

 

[Essy]

Most times the beginning of a business usually determine the success or otherwise of the business. In your opinion and experience about business starting business in large scale or small scale which is better?.

Baby steps is really important in life and even in business so that you can know what the business entails and if it doesn't work out you wouldn't have lost much money in the process

 

[eLdavis]

Ofcourse they'll prefer starting big. But if they don't have such large size of capital for this big scale they would have Love to start with, they have no choice but to start it small and grow it from there up

This is how it's ment to be but not everyone has this kind of mindset. Some would rather go and get a loan to startup the business the size they want. They don't reason any other thing like what if the plan does not go according to plan, how would they pay back the loan

 

[Yhubee]

It depends on the kind of business the business owner wishes to venture into ,it might demand opening on a large scale or small scale

 

[Ralphjoe]

Pretty much all businesses start at small scale and they develop and grow in time. Every single one of this huge companies we see in the world today started at a small scale and they expanded when they became more successful

Well it definitely not all businesses that start small but I can agree for the fact that most businesses that small and we all know that most businesses that start small and the ones than later becomes big as the business succeeds

 

[Immilash]

For you to have a successful business you need all of you ,what I meant by all of you is that you need all the necessary qualities in you , with that you could be able to have a successful business, the major thing that you need is yourself ,once you have yourself everything will be addition

 

[skyliequiz]

Conduct Market Research on Your Business Idea. When you've decided on a small company idea, the following step is to determine whether it's worth pursuing. To do this, conduct market research and assess your competition. This will assist you in gauging your audience's interest.

 

[Kunkun]

When starting out a new business there is a lot to ve considered actually from the location that would be best to the market target too, it's important to go for a business one is knowledgeable about too
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Well it depends actually, the capital or money available to start out would be a big determinant when considering what to do, because that way one can determine whether large scale or small scale

 

[Ceeny007]

Taking baby steps are an integeral part of starting a business,if it involves technicality you could understudy someone for months and start drawing your plans From what you've learnt

 

[Adebayonle7]

Depends on the level of funds at your disposal, whichever way you want to start, have an effective business plan that includes your aims or goals, conduct marketing surveys to know the buying power of the people and what they want, understand your competitors, you may want to spy on them and locate your business in a strategic place.

 

[Ellamma]

Best way to start a business is first if all be sure of the kind of business you want to invest in, then start by creating awareness so people would have you in mind . Then start with any capital available

 

[eLdavis]

Taking baby steps are an integeral part of starting a business,if it involves technicality you could understudy someone for months and start drawing your plans From what you've learnt

This is a good idea, most people today, they tend to go all out when they are about starting a business, though it is a good thing, it shows you are very capable and passionate about the business but at that moment it is not the best, you might end up crash landing.

 

[tray591]

Firstly you should have in your mind the kind of business you want to do. Secondly you should consider the amount of capital you have with you for the business.

That is the first thing you need to have a good business proporsal and know the niched you want to operate or invested on but what I know is that business is very easy to manage in a location where many people reside so its neccessary to conduct a questnaire and know about what people need in that location before you start any business

 

[Tislad]

Like a popular Japanese say think big start small no matter how large or fat you bank account is I believe it is better to start your big business in a small way first