How long does it take for a startup to become a renowned company?

[Sotherefore]

Your business plan will determine when your business will become a renowned company. The amount of capital that you used to fund the business also matters in making the business to achieve it goals on time

All these things matters in a business but it is not the main reason for business success, business plan can only work when you have an idea and understanding about the type of business you are doing.

 

[Ralphjoe]

The time varies for different companies. You cannot compare company A with company B when it comes to becoming a renowned company. One thing I know for sure is that, the efforts of the management of the company also goes a long way.

You are very right in your assertion that the time for a business to become very renowned it is not setting as it always varies because there are variables that must be put into consideration like the economic condition at the time of that business and other things.

 

[Setfragil]

You are very right in your assertion that the time for a business to become very renowned it is not setting as it always varies because there are variables that must be put into consideration like the economic condition at the time of that business and other things.

I totally support your submission. For a business to become a renowned business, there are several things that needs to work perfectly for the company to achieve the goals for which it was established.

 

[Ralphjoe]

I totally support your submission. For a business to become a renowned business, there are several things that needs to work perfectly for the company to achieve the goals for which it was established.

There are definitely no established timeline or time frames for a business to become renowned or become established in it industry because there are several variables that determine when a business becomes successful or in established in it environment and it is implementation of all this variable that contribute to the time that the business will succeed.

 

[Richard92]

Most small businesses take at least 2 to 3 years to be profitable and become truly successful once they've hit the 7 to 10 year mark. Most small businesses take years to be successful, despite the overnight success of companies like Facebook.

Is it doesn't take long for a startup company to become an established company it's only take the consistency dedication and patience of the entrepreneur for that business to reach that standard.

 

[Kelly5]

Any start up company will take as long as it takes to get to becoming a renowned company. This will be affected with a lot of factors coming into play In the process as well

 

[Setho]

The thing that will determine whether your company is going to be a renowned company or remained as you start up is not time but your hard work and the company's growth.

 

[btaliat]

There is no definite time. It all depends on the managerial skill and the workers that are working with the managers to whether with some consistency and hardwork that they posses.

 

[Hena101]

Thee is no exact time to set up a renowned business because factors like the competitors in niches you want to set up the business matters more than you think.

 

[Grandeur]

When you start your own business, an entrepreneur should know that the first few months can be challenging as the business is growing but consistency and proper planning would be of great help.

 

[Man]

I would say 6-12 months. It may defer depending on the type of business and industry the business operates. To achieve such height within a short period of time, you must ensure you have a good business plan and appropriate funding.

Is 6-12 Months enough to develop your business as a startup?

6 to 12 months are enough to develop our business as a startup. However, to become a renowned company it will take at least 3 to 4 years of consistent efforts and lot of hard work. If you are not into a very complex business, then this is the amount of time, which is available as general industry average.

 

[Richard92]

6 to 12 months are enough to develop our business as a startup. However, to become a renowned company it will take at least 3 to 4 years of consistent efforts and lot of hard work. If you are not into a very complex business, then this is the amount of time, which is available as general industry average.

This all depends on the kind of business you are starting up most business may take a year before they become a renowned company while others may take more than a year to become a renowned company.

 

[Ralphjoe]

There is no definite time. It all depends on the managerial skill and the workers that are working with the managers to whether with some consistency and hardwork that they posses.

This is also what I thought as it is a known fact that there is no definite time that you can pinpoint to when a startup business can become an established business in fact most business that I know takes a very long time to become an established business so there is no set time for that.

 

[Alexandoy]

When you start your own business, an entrepreneur should know that the first few months can be challenging as the business is growing but consistency and proper planning would be of great help.

For a start up to be a renowned business it will take a huge effort of relentless marketing that will run for a year. Understandably a big budget is needed for the marketing program.

 

[Richard92]

For a start up to be a renowned business it will take a huge effort of relentless marketing that will run for a year. Understandably a big budget is needed for the marketing program.

This only depend on the kind of business you start up most business can be able to take up to a year before they become renowned business but good too productive marketing it can take less than 6 months to be known.

 

[Setho]

There are a lot of things that will determine when your company is going to be a renowned company. It is going to depend on the progress and also the type of the business that you opened.

 

[Setfragil]

There is no particular time for a start-up company to become a renowned company there are some things that needed to be considered or put in place before a company can become a renowned company.

 

[Mayox25]

There is no time that can be given to achieve such. Getting to be known is a work in progress,you have to be consistent in giving quality goods and services, good customer relationship, good community relations and with time the business will become established and known.

 

[Richard92]

There is no time that can be given to achieve such. Getting to be known is a work in progress,you have to be consistent in giving quality goods and services, good customer relationship, good community relations and with time the business will become established and known.

This depend on the kind of business to start up most start-up can take up to six months before they become a renowned business while others may take a year before it becomes a renowned business.

 

[Chizfab]

Averagely, it takes up to 6months upwards depending on how valuable and sellable the business is. Those businesses that provides solutions to common people tends to take off in months, as far as their rate of turnover is growing due to constant demand for their products or services.