Difficult aspect in starting a new business?

[Kelly5]

When one has finally gotten everything set to commence transaction in the business as it should be, one faces the reality of very low turnouts of customers to the business to patronize it. This is another difficult aspect

 

[Senator]

Another difficult aspect of a business especially for a new startup is when those challenges that pertains to running business comes. If one is not very careful, you might give up and end such a business

 

[Chibson]

Starting a new business can be difficult and challenging especially when you have not done any business in the past. Lack of idea and finance is one of the most difficulties faced while starting new business.

 

[Kingsley]

In starting a new business one must put alot into considerations, one of the key component of a new business is the marketing strategy, one must consider the market very well before starting, one must consider the financial base or strength of the capital.

 

[Justin]

I wonder why a lot of people thing it is difficult to start a business. Well, it is really easy to start a business, however, what is difficult is generating sales.

 

[tyrim88]

For me, the most difficult part of the business planning is the acquisition of the capital. That is the usual problem of budding entrepreneurs that it is like a trap. You make a start up with insufficient capital and that would cost you big time.

In my own case,though finance is very crucial to venture into a new prospect of investment.But the aqusition of new customers is an issue,as a good strategy to aquire new clients is one of the soul to the progress of any business.
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For me, the most difficult part of the business planning is the acquisition of the capital. That is the usual problem of budding entrepreneurs that it is like a trap. You make a start up with insufficient capital and that would cost you big time.

This is true as the first thing to look out for is the issue of funding,because it is what will eventually make your idea to come to be materialise.And also a good customer strategy,because that is what will make the business dynamic.

 

[Sotherefore]

One of the most difficult stage in business is the capital that is necessary to set up a business, you might make all the plans and preparation but without the required capital to set it up you might end up abandoning everything, capital is one of the most challenges of some business today.

 

[Setfragil]

The most difficult aspect in starting a business as always been capital to fund the business at the initial stage. Once the problem of capital has been solved, other problems will be reduced.

 

[cowantussie]

I think numerous independent companies battle with how to appropriately get their names out into the commercial center. At the point when the business visionary in us chooses to take the jump to start up a business from their thought, we wear numerous caps.

Chances are we are excellent a tackling an issue in a type of way that carried us to this point, yet we may not be truly adept at staying aware of the promoting important to use the new and old advanced age.

Paid hunt, web optimization , web-based media, Magazines, TV, online journals, thus considerably more… where does one beginning? How might the business person appropriately have the opportunity to do this just as the accounting, overhauling the customers, and the entirety of different assignments should have been fruitful?

This is the reason I accept that showcasing is the most difficult thing another business will confront

 

[Alexandoy]

When one has finally gotten everything set to commence transaction in the business as it should be, one faces the reality of very low turnouts of customers to the business to patronize it. This is another difficult aspect

The low turnout of customers may be due to lack of marketing. You don't just open a business because you are already prepared with the business place and the procedures and staff are in the proper setup. If the public wouldn't know of your business then only few customers may be coming in.

 

[Richard92]

When the capital isn't there, its always difficult to kick it off via business. We must work hard to get capital but not through loan, but work online and offline save reasonable amount, we can get started within a given period of time.

Most of the difficult aspect in starting up a business most times is planning, most entrepreneurs do not have good plan in starting up their business and end up having challenges at the middle of the business.

 

[GIFTMICHAEL]

Most of the difficult aspect in starting up a business most times is planning, most entrepreneurs do not have good plan in starting up their business and end up having challenges at the middle of the business.

That's why they find it difficult to get going for long via their business. Since the business have no direction, motto, their is nothing making it to last long.

 

[Josemendez]

There are different stages involved in starting a new business right for point of conceiving idea, planning the business, feasibility studies, raising of capitals and setting up the business up to the point of marketing the business till it begins to good profit in your opinion which aspect of stage is the most difficult?.

Conceiving the idea is not difficult as compared to carrying out the idea. Most times money , technical know-how are part of the reason preventing such thing.

 

[Ub40]

I think the most difficult part is sourcing for the capital to start the business. Lack of the necessary capital can stop one not to go into one's desired business. Even if one wants to take loan for the capital, it is still not easy as one has to go through some rigorous verifications, esp going through the bank. So to me the hardest part is really capital. My opinion though.

 

[Shigobad20201]

There are different stages involved in starting a new business right for point of conceiving idea, planning the business, feasibility studies, raising of capitals and setting up the business up to the point of marketing the business till it begins to good profit in your opinion which aspect of stage is the most difficult?.

Money to me personally seems to be the most difficult aspect in starting a new business because you can't start anything without having money to fund the business, you can come up with a business ideas or buy one but money in business start up is inevitable.

 

[Dowenship]

There are different stages involved in starting a new business right for point of conceiving idea, planning the business, feasibility studies, raising of capitals and setting up the business up to the point of marketing the business till it begins to good profit in your opinion which aspect of stage is the most difficult?.

In business, we consider different stages of conceiving ideas, business plans, feasibility studies, capital for starting up a business.....

 

[ahmedo24]

In business, we consider different stages of conceiving ideas, business plans, feasibility studies, capital for starting up a business.....

These are definitely the basic stages that every business should follow and if properly done their is high possibility that the business will recover faster.

 

[Dowenship]

When one has finally gotten everything set to commence transaction in the business as it should be, one faces the reality of very low turnouts of customers to the business to patronize it. This is another difficult aspect

That's why marketing is very very important, i have seen businesses that as run down but was taken over by someone else who was able to market it to the point the business is one of the best today.

 

[Kayzzy3]

The seemingly difficult part for many start ups in business is raising of the sufficient capital to start the business, some resort to borrowing from sources that may not be very good for a budding business, like from banks or cooperatives that charge high interest rates.

The solution to this is asking for funds from friends and family, or begin small while hoping to get goods from suppliers, sell and pay later.

 

[Niftyyem]

I think executing your ideas and making it take shape is also a difficult stage in starting a business. Until you start, you may not realize how easy it is to have ideas in the face of executing them into real business.