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

[jay]

1. What is the problem that needs solving?
2. How do I solve the problem?
3. Who are my targeted customers?
4. How can they easily access me?
5. What will it cost me to solve the problem?
6. What are my returns like?

 

[Chibson]

Business is very good, if you have mapped out a very good plan to make your business succeed. If you want to go into business, you have to ask yourself some certain questions. You must also know that business is associated with some risks, so you need to learn how to manage these risks. You have to ask yourself am I really prepared to start a business?, You also need to learn how to manage your business.

 

[Folaham]

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?

The number question i will answer is how passionate i am about it. Because, it the passion that will get me going when the going get tough.

 

[MRizwan530]

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?

If I am going to start a business the first question to myself is how much effort is needed and how much time is needed to grow my business and later on I am focusing on the profit and number of customers and total sale.
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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?

If I am going to start a business the first question to myself is how much effort is needed and how much time is needed to grow my business and later on I am focusing on the profit and number of customers and total sale.

 

[Greatguy1]

Passion is the first thing I ask myself when thinking of starting up any business. Passion is a driving force, a motivating factor and without which one cannot weather the storm that comes with setting up the business. A passionate man will be ready to go through thick and thin to make whatever he loves succeed.
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Passion is the first thing I ask myself when thinking of starting up any business. Passion is a driving force, a motivating factor and without which one cannot weather the storm that comes with setting up the business. A passionate man will be ready to go through thick and thin to make whatever he loves succeed.

 

[springtech]

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?

I think what makes sense is not just a matter of question but questions.
Before you start a business it is important to ask your certain salient questions like:
1. Whats do i have passion for such that it wouldn't be difficult for me to show commitment towards it.
2. What is my capital base:
Do i have enough capital to start the business i really want to start or do i need to raise more funds from others who might be investors or pattners?
3. Do i have the requisite knowledge needed to run my intended business or do i just start and learn on the job. This might be very costly if care is not taken.
4. Where will my business location be.
Where will i site my business? Is it a prime location with good number of residents who might likely become my customers?
5. Do i have good hands to assist me in the business. Talking of personnel.
6. What plan do I have in place to raise fund to run the business if the business is not self sufficient at the start of business.

I believe these and many more such questions will help.

 

[ranaabubakar263]

If you want to start your own business from anywhere then you need to gather information about the business you want to do and search well and find out about it. Find out everything so that then you can make a huge profit.and work on this business with him and at the same time you can do this business. You can start your own business after you get a good analysis

 

[Kehinde]

What business are we in? ...
What is the vision and mission of the company? ...
Who is our customer? ...
What does our customer value? ...
What is our target market? ...
What products and services do we provide? ...
What is our sales and marketing strategy?

 

[Shivay]

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?

I want to do startup for my business then definitely my first thought will of availability of the funds and amount of capital required ti start it. If i have all those resources , then i will think that " Am i Ready to start this ? , Will i be able to make profits? All these answers i will get after starting it.

 

[Doradorwa]

The number one question should be is my heart ready for this business. a lot of time I get discouraged about going into business investment especially forex and crypto currencies. For a person with a weak heart or a person who does not have the heart to take in business loss ....such heart must equipped and harden properly then the next question should be do I have enough money for this business.

 

[Hamza1]

There are some questions I need to ask myself before starting a business. Not just me everyone should ask this that am I ready for that? Am I ready for that challenge and do I have enough money for that?

 

[Oluwole]

What always come to my mind is how to succeed in the business that want to open, opening a new business is not a problem, but to stand in the business and make profit in the business
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What always come to my mind is how to succeed in the business that want to open, opening a new business is not a problem, but to stand in the business and make profit in the business

 

[Samuel77]

According to my own point of view, when planning to start a business , the number question I will ask my self is if the business will profit me the way I want and if I will be able to be successful in the business. Business is all about profit making.

 

[Afolabi]

the first one I still ask myself when buying a business or establishing a business is requesting that I'm not going to make profit or the aim of solving contemporary problem in the society.

 

[Cybersec]

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.

 

[Adesuwa]

The first question am going to ask my self is that.
Why do I want to start business?
Can this business idea make me money now and in the future?
Who is my target audience for my business?
How will I market my business?
Who are my competitor?
How will I price my product?
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The first question am going to ask my self is that.
Why do I want to start business?
Can this business idea make me money now and in the future?
Who is my target audience for my business?
How will I market my business?
Who are my competitor?
How will I price my product?

 

[Sotherefore]

You cannot just start up a business just because of the profit aspect of that business you need to know that if you are going into a business you must be ready at all time to provide the need for people that are in need and as a return of this they will pay you money that is how you can generate profits you're looking for the question you need to ask yourself is are you ready to satisfy the need of mankind or not.

 

[Adexgrace]

The first question I will ask myself before starting any business is firstly. What community do I sell?
Secondly are people in need of that particular commodity in my locality? Thirdly, is it a free goods or competitive goods. and also what's the profit margin of the goods. And all other questions, for proper planning of the business.

 

[Oluwole]

The first question will think about if I want to open a business is how to succeed in the business and how to make profit on it, once I succeed doing my business I know for sure that I will stand in that business very well

 

[mayreeh38]

There are so many thoughts that comes to mind when one thinks of opening a business, and sometimes it is difficult to place the options that are important first. Everything that has to do with business is intertwine. I think of advertisement and customers first. I think of ways I can create awareness and how I can gain customers to patronise my services.