Steps to consider while starting up a business.

[Abigael]

I think that business planning is the most important step. In that step, you must also include doing research about the business. This includes its market value, best location, the kind of products or services you will be selling and the skills needed in running the business.

 

[Ralphjoe]

Most importantly a business plan should be laid down, seek professional advice from experts and learn to be disciplined if your not. Can you share more lights on this...

Just like you have said one of the most pressing way for one to set up a good business is by setting out a very sound business plan and then seeking professional advice on the business plan then implementing these plans that are outlined in this plan of yours.

 

[GIFTMICHAEL]

Ability to read and study the business very well, then finding capital then prefer to take calculated risk. Business is just like that, you don't wake up overnight to do it.

 

[Mostee501]

Just like you have said one of the most pressing way for one to set up a good business is by setting out a very sound business plan and then seeking professional advice on the business plan then implementing these plans that are outlined in this plan of yours.

The business plan should include findings such as going to the field by yourself to make some vital enquiries in other for the plan to be put in place.

 

[eLdavis]

Understanding the type of business you are planning on getting into matters a lot of the time. You should sit down and properly evaluate the cost it will take you to set up that business. And if need be too, seek the opinion of those already successful in that line of business

True, to be able to make proper planning, you should be able to make investigations and find out more about the business and how it works. And you should also have a backup plan as well so you wount get stranded

 

[Haveit]

Professional advise I important to get the right step to follow and also it should also be planned the following, what to produce, how to produce and for whom to produce, if a company gets this right then it should start well with proper planning.
[automerge]1624206774[/automerge]
Professional advise I important to get the right step to follow and also it should also be planned the following, what to produce, how to produce and for whom to produce, if a company gets this right then it should start well with proper planning.

 

[Trexxxy]

There are few things you need to consider before starting a business, you have to ask yourself does your business solve a problem?? Do you have the necessary capital?

 

[Richard92]

In starting a business, you need to come up with a business plan. Modalities as to how to raise capital for the business, location of the business and also seek advise from those that are more knowledgeable than you especially in that line of business.

The first step to consider when starting up a business is business plan because I want to be your guidance in terms of what to do first and how to carry out your project all these have been written in your plan.

 

[Ralphjoe]

The business plan should include findings such as going to the field by yourself to make some vital enquiries in other for the plan to be put in place.

I definitely plan on going into the field to make sure I know how to put this Business plans that I have written down into operation and it will be soon when I will actually implement my business plan.

 

[Mostee501]

I definitely plan on going into the field to make sure I know how to put this Business plans that I have written down into operation and it will be soon when I will actually implement my business plan.

That's absolutely the right way to go about it because it will be as a practical aspect of findings which is the best way to learn.

 

[Ralphjoe]

That's absolutely the right way to go about it because it will be as a practical aspect of findings which is the best way to learn.

This idea actually occurred to me when I sat down to take a deep thought on the best way forward for me to really implement these plans for my business into reality and I am glad that you feel that I should do it this way.

 

[Razor1911]

The business plan should include findings such as going to the field by yourself to make some vital enquiries in other for the plan to be put in place.

business plan is necessary but what is more important is after business statistics and its study. After the data has been collected, we need to analyse about the part of the business which s lagging behind and we need to take corrective action to push our business even more.

 

[Chibson]

There are some important things anyone who wants to venture into any business should consider; like someone said, it is very important to seek professional advice before venturing into any business.

 

[Dowenship]

Most importantly a business plan should be laid down, seek professional advice from experts and learn to be disciplined if your not. Can you share more lights on this...

One mistake i made and after some research most business beginner make is starting a business without having full knowledge of the business.

 

[Chibson]

One mistake i made and after some research most business beginner make is starting a business without having full knowledge of the business.

having the right knowledge and understanding of any business you want to venture into is the first steps towards running a successful business.
[automerge]1626268880[/automerge]
There are many things anyone who really wants to go into any business should consider and also make a lot of plans. you have to consider your financial strength and the kind of business you really want to venture into.

 

[Mostee501]

One mistake i made and after some research most business beginner make is starting a business without having full knowledge of the business.

It's very risky to start a business when one is not fully knowledgeable about that business,when one is not100% prepared ,the chances of success will be very high.
[automerge]1626776027[/automerge]

business plan is necessary but what is more important is after business statistics and its study. After the data has been collected, we need to analyse about the part of the business which s lagging behind and we need to take corrective action to push our business even more.

You're absolutely right but your descriptions are still under a well mapped out business plan.When all you have said is being carried out,then one is good to go.

 

[Ralphjoe]

There are few things you need to consider before starting a business, you have to ask yourself does your business solve a problem?? Do you have the necessary capital?

This is a very good point that you have made and I believe that all businesses are established to solve the problem and after solving these problems then they can get the rewards for their effort which comes in the form of money and also for one to start up a business he has to make sure that he has the requisite capital to start of that business and to run it successfully.

 

[Bousine123]

Firstly you need to consider the kind of business you plan on venturing into. You need to ask yourself the following questions.
1. Will this business venture be relevant a few years from now.
2. Do I have have the patience to start and manage a business till it eventually starts to bring in profits.
3.Do I have a backup plan incase this business venture does not work out.

Ones you have been able to tick all these, then every other thing becomes secondary.

 

[Nurudeen]

The best thing to do before setting up a business is to get adequate knowledge of the business and know the in and out of the business so that in times of challenges you will be able to know what to do to conquer the challenges

 

[Setho]

One of the most important steps in business is that you should always do research about your customers to know exactly what they want and they kind of marketing strategy that will be useful.