Starting a small business

[Olubayo12]

You are very right my brother. If one doesn't get prepared and invigorate himself against the challenges ahead, he might be forced to flee the business when it's time for him to rest and enjoy the fruit of his labour in the business.

Exactly sir. Proper preparation prevents poor performance in the line of business so that when challenges of any type comes you will not be swayed away and you will be able to stand your ground and continue no matter what

 

[Mawome]

Starting a small business is very simple, but it depends on the type of business you want to start, there are some Lucretive business that one can start in a small way, so many of them, but please let us know the one you have in mind before I can tell you how to go about it ok? Am waiting for your response.

 

[Victor001]

Starting a small business in Nigeria has never been easy considering what you’d have to go through to raise business capital towards setting up and running a profitable business. Basically, it’s all about money money money! No Bank in Nigeria is willing to help small scale businesses, and Government seems to have no plan whatsoever for the citizens who needs business start up capital.

If you are contemplating any business, you are on your own if you don’t have enough money to finance it. The worst part of it all is that most potential profitable small businesses in Nigeria needs much amount of money to get it started — most times, far much beyond what average Nigerian small business aspirants can afford.

Starting a small business is not easy but staying long in the business is the concern,at first the growth of the business will go slow,then you need to put your nap in place to determine weather to continue in that pace or advance.you must be creative.

 

[Abisola]

Conduct market research. Market research will tell you if there's an opportunity to turn your idea into a successful business. ...
Write your business plan. ...
Fund your business. ...
Pick your business location. ...
Choose a business structure. ...
Choose your business name. ...
Register your business. ...
Get federal and state tax IDs.

 

[Has.an_shahid]

Excellent topics that are responsive and adaptable

No plan abilities required. You have unlimited oversight over the look and feel of your site, from its format, to substance and shadings.

 

[Philip Omotayo]

Starting a small business takes a lot of courage. It is an act of encouraging oneself in going into a business or the idea one had in mind. Taking the first step is always difficult, however, when one takes such a step, one will begin to push in such a slow and steady way.

 

[Akinwale701]

Exactly sir. Proper preparation prevents poor performance in the line of business so that when challenges of any type comes you will not be swayed away and you will be able to stand your ground and continue no matter what

Okay my brother. you are on point and that is a very good point for someone to prepare very welcome in any business they are doing because when the problems come they will be able to overcome. You are right

 

[Afrinish]

How to Start a Small Business at Home. Identify your small business idea. Start as a side business or hobby. Decide on your software. Create a business plan. Decide whether you'll be an LLC or sole proprietorship. Create a business bank account. Determine if your business idea works well from home. Set up an office.

 

[Olubayo12]

Okay my brother. you are on point and that is a very good point for someone to prepare very welcome in any business they are doing because when the problems come they will be able to overcome. You are right

Yes sir. you have spoken well and it's a good thing. Preparation will automatically give one the strength to forge ahead in any line of business he is doing or finds himself without any fear of leaving the business or compromising at all.

 

[Akinwale701]

Yes sir. you have spoken well and it's a good thing. Preparation will automatically give one the strength to forge ahead in any line of business he is doing or finds himself without any fear of leaving the business or compromising at all.

All is well. Business is tasking and it's very good to do business that best suits your desire and purpose but care must be taken so as to make sure that you do not do businesses that won't eventually give you the profit you desire

 

[Axad. Mrb]

In order for a small business to be successful, it must solve a problem, fulfill a need or offer something the market wants.

 

[Olubayo12]

All is well. Business is tasking and it's very good to do business that best suits your desire and purpose but care must be taken so as to make sure that you do not do businesses that won't eventually give you the profit you desire

Yes, I remember when I did a business that time and when it was time for me to start expanding it, people started discouraging me not to move further that I might make loss. I was able to forge ahead

 

[Sariana23]

Many countries have this difficulty in starting a small business. In these cases, the important thing is to start generating profits, you can start from scratch with the purchase and sale of food, fruits or other types of products that have the highest demand, save and keep moving forward. If you are constant you can with your own capital start the business of your dreams.

 

[oluwaseun tope]

We have a lot of small business that someone can start that will not stress you or that will not require loan is just that we always want something big and we don't want to endure we want what people will see and they will say something good about it.

 

[Akinwale701]

Yes, I remember when I did a business that time and when it was time for me to start expanding it, people started discouraging me not to move further that I might make loss. I was able to forge ahead

Oh, that is very good of you bro. So how did the business go and how were you able to tackle the challenges associated with entrepreneurship? Can you share me some of the things you applied that made it work out?

 

[Olubayo12]

Oh, that is very good of you bro. So how did the business go and how were you able to tackle the challenges associated with entrepreneurship? Can you share me some of the things you applied that made it work out?

Well, to be honest with you bro, it wasn't something easy like that but with determination and hard work, I was able to pull through and came strong with the success that I recorded later in the business.

 

[Atiqurrehman]

How To Start A Small Business At Home Identify your small business idea. Start as a side business or hobby. Decide on your software. Create a business plan. Decide if you are an LLC or sole proprietorship. Create a business bank account. Determine if your business idea works well from home. Set up an office.

 

[Ogbest]

For one to start up a small business, there are necessary things needed even though they are not needed in a Large quantity, it is all base on the size of the business. You need a land or a shop, you need a capital to start the business with, you also need wisdom.

 

[Kiwi]

You can sure get loan for either type of business you are interested in. But for you to raise capital, it takes lots of stress and difficulty because individuals will not want to trust you with their funds as well as financial institutions because of the fact that you're running a small businessI believe that with time if the business is well managed it will grow into a medium one and beyond.

 

[Ezzyoj]

No business is easy to start, especially in Nigeria where getting start up capital is a big issue. Though, there are times that some organizations and governments do give loans and grants respectively to start business. Just try to have your business plan, proposal, etc ready