What are the steps to successfully starting and managing your own business?

[James2]

For me any successful business needs few common points to run it and mange with easily and those are Planning, Research your market and customers and providing customer satisfaction.

 

[tray591]

For me any successful business needs few common points to run it and mange with easily and those are Planning, Research your market and customers and providing customer satisfaction.

planing is just one of the way which can help you succeed in the managing of your business I think many people have already succeed through this way,I have also beleive that when you start any work a good idea must come into your mine this is what will help you succeed in the business

 

[Setho]

The first step towards that in your business is to look for a very good idea. The s is for you to look for funds and then plan for the business including the location and the management staff. You are then going to design a market strategy and how to beat off competition.

 

[Lens]

The first thing is that I will get the necessary plans and this plans will be very useful on the growth of the business. After the plans , the next thing should be the business capital.

 

[Sincerem]

Knowledge about a particular business, is one of the most important and first steps to consider followed by market surveys and then the issue of funding how are you going to fund your business.

That's a fact, before venturing into any business you must take time to learn all of its prerequisites so you can sucessfully navigate around the business and make really good decisions.

 

[Ononivami1]

The sites that could also be taken is when one have a very good business location aside the good business plan. Having a very good location will make the business grow very fast.

 

[Syldan]

Actually there are alot of steps and procedures to follow for a successful management of business. of which knowledge is the number one steps without it, it will be very difficult to meet up to all necessities.

 

[Sotherefore]

Capital will be needed because that is the first most important thing you must have when thinking of establishing a business. And you shouldn't just do everything on your own , you must have someone that will guide and advise you when necessary. And the most important of it all is for you to really understand very much about the business you are establishing

 

[Shigobad20201]

The steps that should be taken is making a good business plan . There is no amount of time that is too much for a business plan . You could take as much time as you want because it's a vital part of the business.

Having a good business plan is very important for the success of the business because the plan will determine how you will start the business and what the future of the business will look like.

 

[Setho]

First of all you need to plan and do all the necessary consultations that is going to be necessary in order to start and move the business forward. You should take as much time as you can.

 

[Ghost1]

Many good and promising business idea are left in the mental banks of their owners because of the lack of the appropriate approach that should be assumed to successfully bring those ideas to existence. It is quite unfortunate that with the lack of proper information many aspiring entrepreneur are still trapped in the web of indecision whether to implement their ideas or to overlook it and stick to what they are already engaged in.


It is quite evident that starting and running your own business can be a really enormous tasks as one need to put in place a working system whereby his or her business can thrive which includes proper planning, availability of capital, proper location and promotion or advertisement. In cases where capital is not available the individual is then faced with the problem of convincing prospective investors to invest their funds into the said ideas.

A good approach to all this cumbersome but yet easy task is to first draft out a working plan, when this ideas come in the individual should go through a process called planning this would include all the visions and goals, the amount needed, the targeted audience, the products or service to provided and also it's location, this would help the individual approach every problem with a sense of direction and purpose.

My first step is to get as many capital as I can. Secondly, setting up and business plan, expenses and how I would manage it with the available capital. Then try as much as possible to implement the plan

 

[jordans]

may be, The key to overseeing a business viably is having a clear arrange for how the trade will work and eventually ended up productive. After that, it’s approximately setting up frameworks for trade victory and continually seeking out for zones to make strides both the company and yourself as an business person.

 

[joy101]

The best step you should take when going into business, you should mention you have a good business plan before starting the business don't just start up a business because you seen people doing so, have full knowledge about it before starting.

 

[Sincerem]

My first step is to get as many capital as I can. Secondly, setting up and business plan, expenses and how I would manage it with the available capital. Then try as much as possible to implement the plan

Implementation of business plan will need a lot of discipline. So many people can write a good business plan but as the business progresses , they sometimes drop the plan along the way.

 

[Ghost1]

Implementation of business plan will need a lot of discipline. So many people can write a good business plan but as the business progresses , they sometimes drop the plan along the way.

Lol. This things are just like this. I keep telling people you can't just make it because you put in a good business plan on paper. There's always unforseen circumstances, what if there's a fire outbreak and you lose everything.
Every good business man must always plan for the worst

 

[Sincerem]

Lol. This things are just like this. I keep telling people you can't just make it because you put in a good business plan on paper. There's always unforseen circumstances, what if there's a fire outbreak and you lose everything.
Every good business man must always plan for the worst

A good business planner should be able to identify any possible causes of business failure and put a solution to it before it even starts. If fire could be one of the reasons for business failure then we need to put everything in place to alert us when fire arises.

 

[Ghost1]

A good business planner should be able to identify any possible causes of business failure and put a solution to it before it even starts. If fire could be one of the reasons for business failure then we need to put everything in place to alert us when fire arises.

This is why insurance is as good as the business business itself. But people tends to run away from this. I don't see a reason why business owners doesn't insure their businesses, anything can happen at any time

 

[Kelly5]

First step in starting a very successful business is to have a plan for that business. What type of business is it you intend starting? What are the cost implications involved in starting up such business? How do you source for funds to start up the business and so on and so forth.

 

[Sincerem]

This is why insurance is as good as the business business itself. But people tends to run away from this. I don't see a reason why business owners doesn't insure their businesses, anything can happen at any time

Insuring a business does not really mean that you have to be careless about the business you have established, there are some certain conditions and there are some certain things that could make an insurance company not to help you even after your business collapses.

 

[Ghost1]

Insuring a business does not really mean that you have to be careless about the business you have established, there are some certain conditions and there are some certain things that could make an insurance company not to help you even after your business collapses.

Actually, the insurance company will always investigate to ascertain if the problem was deliberate, or you were careless or it wasn't much of your fault. Insurance doesn't mean you should be careless, but it's always good to have something to back you up