
Guide to Your Own Business
1. Start with an idea
2. Get the fund
3. Research the market
4. Develop and plan
5. Find partners and suppliers
6. Set up your business
Start with an idea
Thinking of
starting up a business all starts with an idea, something very realistic that
you can turn into a product or service
Find local
support, including help with developing business ideas
Get the fund
You will
need to explore different sources of business finance from the bank loans to
government-backed schemes.
Where loans
are not accessible, I will advise you start-up in small phase doing daily
commodity or services.
Research the market
In very
business line, one of the major things to identify is your potential customers.
Find out who they are and start a pre-marketing practise. Talk to them and find out if your idea is in
line with meeting a real need
Develop and plan
To test your
product or service with real customers, make changes, and test it again. Keep doing
this until you are sure there is a demand for it.
Find partners and
suppliers
In the
course of the business development, you will need to think about whom you are
going to work with to develop and sell your idea and figure out the best personnel
is essential.
Set up your business
Work out
this concept with your team and structure out what is right for you whether you
want partner with other people or not.
Success is Sure, :) |
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