What is the number one question to ask yourself when you are thinking about opening a business?

[Donkiz]

When going into any business, the first question I ask myself is usually about my passion for the business. The reason is that whenever you are doing something that you are passionate about, you will definitely put enough effort to ensure that the thing is successful. You don't need any extra motivation to work round the clock to make sure that a business venture you are very passionate about comes to life.

 

[Rashid]

Plenty of questions come in mind at start up point. Will this business get success. This question is come again and again even after starting. Alway it is tough to start a business but after that you feel ease and relaxation. Another question is too much losing confidence, and that is what will people say about this business. This thing always roaming at my mind.

 

[Janita]

I will directly ask my self that I can handle this work alone.cani manage the things alone or I need to partnership at one stage.
I will ask myself that can I afford the loss in business if it goes to the wrong side and become the reason of loss .
I wish to apply for the position of sales executive and the other is a very good job like gold making work.

 

[BrolySSJ]

The number one question I ask myself before or whenever I want to venture into any kind of business endeavour is, do I have that strong passion and conviction to want to do this business. If my response is a yes, I go ahead. If it's a no, I drop the business idea.

This is a very good question to be asking yourself. As humans, it is our passion that tends to drive us and if we have that passion, and we are able to direct that passion into a business idea then we are also going to be much more dedicated, especially when it comes o obstacles that may be in the path of our business. We would be more willing to put in the extra time to ensure success as this business would also be something that we enjoy and can relate to as well. Passion often comes across in a business and you can sometimes tell who is doing it for the money and who is doing it for the passion.

 

[joy101]

before starting a business I will do well to ask myself this question, did this business am about to start is it profitable business is it going to me earn me more income, that is what can ask myself before going into business,

 

[zyralorenzo01]

For me I think I should ask myself. Do I have a capital for it? How much capital and how big is the business? How many employee do I need to run rhe business. These are the things need to consider.

 

[Shoaib5600]

The first question that comes to my mind when starting a business is experience, that is, the experience of the job I am starting or not, and then planning because planning is very important for any business.

 

[alberello75]

Well, in a period of global economic crisis, also aggravated by the coronavirus pandemic, today there are many questions to ask, before starting any business.
But mine would be this: Will I be able to open and manage a business, before running the risk of going bankrupt?

 

[Rainlover207]

As we know that we are starting a business because will want to be earning a money. So as we are thinking about to start a business we would have already thinks about the money we are going to making. But as for me the first thing that usually come to my mind if I want to start Business is that how do I get a customers to patronize me.

 

[Youngdee]

The main aim of a business is to satisfy customers and make profit. Before anything the first question one should ask is does my idea meets market requirement? You have to know what your product or service is going to be enjoyed by a certain customer or your target audience. This is a basic question that every business owner should ask him/herself before setting up the business. You must consider if your product can solve a required market problem.

 

[Ibrahim1]

First thing you have to ask your self before you start a business is that you look at how much it's really cost you and brake down every expensive you going into and how to control the business, but first thing you going to look is how you won't go on Dept or brake down and that's most important thing

 

[Ifective]

Before commencing a business, the first thing that should come to one's mind should be if one has the necessary requirements, resources, capital,manpower and every other things
Failure to plan ahead before starting a business can be very dangerous to the business

 

[Emma Aneni]

That's one of the best question we should ask ourselves, will I be committed to this business? Even in times of trial will I keep striving? It's not only about money the other things we should consider is our commitment and focus on any business we're about to start.

 

[Nurudeen]

The number one question I ask myself before starting any business is that is the Business or products in high demand in the market. I do this because high demand triggers high profit, if a business isn't at heart of the customer or consumers it might take lots of hours for the business owner to convince buyers to buy it

 

[Tayyabah]

At some point or the other we have all had the thought to open a business based on what we think will be profitable within our region. And at that point that we talked about developing a business they were serious questions that crossed our mind. Some might ask themselves about the profit that they are able to achieve from their business, whilst others will ask themselves about what business would be the best for the area that they are in. These questions of course will continue to vary depending on the person and what their desired outcome of the business is. In my opinion I believe that these questions are goal-oriented.

However, I think that the first thing that we should ask ourselves when opening up a new business is how committed am I to this venture that I am going into? To a large extent our commitment to a certain venture is what determines its success or failure. Therefore, if we are able to answer this first question there may be a lot more potential for us in developing a business even if it does not go along the path which we initially planned.

What were your first questions to yourself when you consider the opening of the business?

What will be the strategic plan and idea for to make successful in our buisniss.
If we face loss what will be happen and howI could we get start again from our backup payment.
These 2 questions arise in my mind whenever I want to start my own business.

 

[Cybersec]

One of the questions is if the products or services i offer would attract a high level of patronage from the people, by this, i prepare or carry out a good market analysis and locational survey to see the results, my business plan has to follow as well. Doing all these processes, I am able to answer the questions and see if i can proceed or divert the capital.

 

[btaliat]

Before I will open my business. I will ask myself different questions that I must provide answers to. But the number one question will be which problems am I solving with my business? I already want to open a buinsess that will solve the societal problems.

 

[Hdre3m3n]

Before starting a business, there are lot of questions you must ask yourself. Some of these questions are
1. What is my reason for investing
2. Will I be able to meet the customer's needs
3 are my finances enough to find the business
[automerge]1611611716[/automerge]
Before starting a business, there are lot of questions you must ask yourself. Some of these questions are
1. What is my reason for investing
2. Will I be able to meet the customer's needs
3 are my finances enough to find the business

 

[.V.]

My first question to myself would be, "is the profit worth my time and money?" In a business,it's all about the profit. If a business doesn't profit you and you end up having great losses, then it's a big waste of not only money but time and effort.

 

[Planet408]

When thinking about opening a business, the number 1 question I do ask myself is ''Which location is the best for this business''? Once I'm fully convinced about the location, I will then think of other things concerning the business.