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Author Topic: Some things to consider before starting a business  (Read 3707 times)
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October 01, 2017, 07:30:33 AM
 #81

Now we can see a lot of business opportunities that exist around us, be it pure online business or offline business that is go online. However, the number of business opportunities does not necessarily allow us to choose and run the business we want.

There are a few things we need to consider and start preparing the business prepares capital, the second prepares the workforce, the third is the provision of raw materials as well as the techniques in running the business, marketing the business optimally, then profit a business, risk a business, concerning business competition and pay attention to the latest business management is the facility and the fringe

Big YES! Running a bussiness is very difficult, lots of requirement to do that so, and you need someone's help in planning what will be the best way to make your bussiness successful.

Whether you like it or not the most important is funds a capital in hands that must be used wisely. If you don't have passion in what you are doing it would be risk for you to run a bussiness.
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October 01, 2017, 09:55:47 AM
 #82

Now we can see a lot of business opportunities that exist around us, be it pure online business or offline business that is go online. However, the number of business opportunities does not necessarily allow us to choose and run the business we want.

There are a few things we need to consider and start preparing the business prepares capital, the second prepares the workforce, the third is the provision of raw materials as well as the techniques in running the business, marketing the business optimally, then profit a business, risk a business, concerning business competition and pay attention to the latest business management is the facility and the fringe

Of course before starting a traditional business or an online business you really need a money to fund it no matter how small or big it is, that's the way it works as there is no real business that has no capital or expenditures. If someone really wants to make a business in his/her own idea he must prepare to the fullest and create a concrete plan to support the foundation of it and to lessen the chance of failure.



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October 01, 2017, 10:05:13 AM
 #83

Now we can see a lot of business opportunities that exist around us, be it pure online business or offline business that is go online. However, the number of business opportunities does not necessarily allow us to choose and run the business we want.

There are a few things we need to consider and start preparing the business prepares capital, the second prepares the workforce, the third is the provision of raw materials as well as the techniques in running the business, marketing the business optimally, then profit a business, risk a business, concerning business competition and pay attention to the latest business management is the facility and the fringe

Of course before starting a traditional business or an online business you really need a money to fund it no matter how small or big it is, that's the way it works as there is no real business that has no capital or expenditures. If someone really wants to make a business in his/her own idea he must prepare to the fullest and create a concrete plan to support the foundation of it and to lessen the chance of failure.
You would really need money since when we are talking about investment and you cant call it a business if theres no money involvement. There are lots of things to be considered first before you would able to build up your own business so that it wont easily failed on a short period of time.Having back up plans is always been suggested in any unexpected things to happen.
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October 01, 2017, 11:07:37 AM
 #84

There are many things to know before we start a business to consider, because in the business have more risk. You must have a good business experience, strategy. And the successful business requires a well thought business plan and you need to learn well because not all businesses are working, there are also many losses some of this can cause a serious loss of profits or even bankruptcy. but when you study carefully that business you are entering it will grow and successful.
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October 01, 2017, 12:00:39 PM
 #85

yes many things to consider before starting a business,first is your capital in order to run your business,next the product in to days market should be consider..and also the better place to be for your future business.etc.etc Smiley Wink
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October 01, 2017, 12:42:36 PM
 #86

Now we can see a lot of business opportunities that exist around us, be it pure online business or offline business that is go online. However, the number of business opportunities does not necessarily allow us to choose and run the business we want.

There are a few things we need to consider and start preparing the business prepares capital, the second prepares the workforce, the third is the provision of raw materials as well as the techniques in running the business, marketing the business optimally, then profit a business, risk a business, concerning business competition and pay attention to the latest business management is the facility and the fringe

If we/ you want to start a business I think we must really know the kind of business we are going thru so that we can manage well our business from the very start. We must also have a money to use as a capital.

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October 15, 2017, 08:46:38 AM
 #87

before you start to enter on a business you should consider something. like, the business you should put is that something you like.. somthing that you are familiar with. something that every people want. business should be acceptable in the market. you need to consider that you put up a business not just to earn money of to earn a living, you should take it as a enjoyment on your self. you should enjoy when you run a business.  most importantly, finish what you started. well don't forget to have a starting capital..Roll Eyes
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October 15, 2017, 09:11:28 AM
 #88

You should also consider the tax range you're gonna sit in. This can make your business project even more costly if you forget to account for it. Going into the business world is very risky and requires a lot of hard work, always keep that in mind aswell.

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October 15, 2017, 09:14:46 AM
 #89

I think the most important thing when starting a business is that, starting with a good team. Also you have to make a detailed feasibility report before of the work. To reach good profits, do not search for the short ways, just try to work hard. And after of reaching a good profit, just keep that saving for a while, don't spend your money for useless things, do not hurry for buying a new car etc. till you reach a stable situation in your business.
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October 15, 2017, 09:17:24 AM
 #90

these Are only Suggestion to consider before starting a business, Offline or online.
Offline :
1. Do not Rent any apartments
2. Do not use money loans, must Have own Money.
3. No Credits and Debt.
4. Don't Expect too much gain if the business starts a week.
Online :
1. Must Be legit.
2. Must be Wise, Smart and Creative or Be Unique/Genuine.
3. Don't Scam. Be Contented on what you Have or Be Fair.

Most of All Try so you may experience, and Learn the Inside and Out of having a business.
Good Luck and Enjoy.
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October 15, 2017, 10:05:30 AM
 #91

Being an MBA student i can tell you some Theoretical knowledge

1. Do market research about business that you are gonna start.
2. What are the targeted customers ( child, young or old)
3. Hold money for future purpose.
4. Try to acquire licence if needed for work in your country.
5. Who are the competitors' for your business and make strategy to tackle them.

Whether business online or offline you need to research market.

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October 15, 2017, 09:11:24 PM
 #92

You should also consider the tax range you're gonna sit in. This can make your business project even more costly if you forget to account for it. Going into the business world is very risky and requires a lot of hard work, always keep that in mind aswell.
Business is no doubt a very profitable thing and one can earn a very good amount of money than that of doing any kind of job. But we need to keep this in our mind that it is not an easy task to do well in the world of business. It requires a lot of hardwork and motivation to excel in this field. Invest only in that business about which you have good background knowledge.
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November 22, 2017, 10:30:43 AM
 #93

If you want to build a business we need to consider first is the Capital to prepare a business and second must a good place to build a business try to find a good workers or build a good team and last  things dont expect to make your money fast its takes a lot of times be patience.
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November 22, 2017, 03:21:04 PM
 #94

Now we can see a lot of business opportunities that exist around us, be it pure online business or offline business that is go online. However, the number of business opportunities does not necessarily allow us to choose and run the business we want.

Not quite true. In fact if you approach is wel planned then you could succeed in the business you want. As far as pure online business person must have liking for what he is doing. Otherwise lack of interest or passion will shun all doors of innovative ways to advance your business.
* Understand what you like has business potential or not.
* Survey your potential customers, market area
* Calculate amount of initial investment needed
* If possible meet some people who are already doing it already successfully (aka internship) this is optional.

These good for to begin with preparation of business.
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November 22, 2017, 04:15:12 PM
 #95

From your description I think that marketing has an important role which will determine whether the business will success or failure. Besides marketing which also important thing is the business relationship we have
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November 22, 2017, 04:47:19 PM
 #96

There are a lot of things that we need to consider before starting a business. It is not easy to start a business because there is a college course for starting a business and you cannot learn it overnight because most of the people studying about business is studying it for four years and gets a college degree upon completion. For me this is my short list of things to consider:
1. The Place
2. The Capital
3. The Supplies
4. The Demands
5. The Pricing of the product or service
6. The stability of the business
7. Will you stay or will you spread your business.
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November 22, 2017, 05:35:36 PM
 #97

From your description I think that marketing has an important role which will determine whether the business will success or failure. Besides marketing which also important thing is the business relationship we have
Marketing and business management is important, but my opinion is that the most important thing is the idea. It is very difficult to find a clear and promising idea for business. To compete with existing companies difficult. Trade and mediation in trade for bitcoins is absolutely not occupied niche now. But I don't see decent offers in this business.
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November 22, 2017, 06:31:39 PM
 #98

1. must real read about your business

2. ask for effective for long time

3. try to  have smart team

4.dont think to make fast money

maybe i just add a little to start a business :

1. think of good techniques to start a business
2. choose a strategic place to run smoothly
3. Create a vision and mission in the business
All of that is fine, but the three more important things are, can you afford it, most of the time a business is not going to be successful right away, second there is a market for it, if there is not a market for it then the business is going to fail, and third, is it innovative, if your business does what every business does then you are not going to get a lot of success, you need to do something new and fresh.
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November 22, 2017, 06:44:30 PM
 #99

And make something like buisness plan to just create possibilites for future development cause without it you will quickly fall down.

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November 22, 2017, 06:51:35 PM
 #100

Now we can see a lot of business opportunities that exist around us, be it pure online business or offline business that is go online. However, the number of business opportunities does not necessarily allow us to choose and run the business we want.

There are a few things we need to consider and start preparing the business prepares capital, the second prepares the workforce, the third is the provision of raw materials as well as the techniques in running the business, marketing the business optimally, then profit a business, risk a business, concerning business competition and pay attention to the latest business management is the facility and the fringe

if its an online business and you dont have a capital just try be a reseller of a product that you think would appeal to the mass
if its a traditional business there are lots to consider the service and product itself and definitely the location of the business
location is a big aspect ,a good service/ product comes next
 
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