Some things to consider before starting a business

[RedzoneASE]

In starting business we need to consider our goal to achieve then plan things accordingly with timeline. After that consider your costumers, what are their needs and wants. Plan things throughout and think what would be the things that can satisfy your costumers.

[Jingjess]

Currently, no business may be compared with the income from investments in bitcoins. Enjoy the moment. So it's not always. Sooner or later, this window of opportunity closes. Then you will have more starting capital and you can easily start your business.

There are some things to considered to start a business.Be sure that you have a capital for your choosen business.And be sure that you have atleast a little knowledge on how to handle or manage a business and know when is the perfect time to start with it.

[MidKnight]

I think the number one to consider is the place. Those successful business get much more customers because they picked the right place to operate.

[Hamstead]

I think the number one to consider is the place. Those successful business get much more customers because they picked the right place to operate.

Exactly, you can make market everyday if there is a large numbers of people around that can be possible to be a customer. Knowing their demand will absolutely make them from turning again and again, and they'll not go into other establishment. Not only we can provide them products but also and the most important is how we handle and threat our customer.

[beej]

Starting a business today isn't the same as it was years before. Trends,
technology and recent innovations have change the way people do and
run businesses. You have to consider if the business your planning to
start is viable and within reach. Do your research if there is a market for
it. Plan for your budget and finances, formulate system for accounting,
business structure, work on your papers and licences, location setup,
assemble and prepare your team and finally your strategy on marketing,
execution and promotion. It has some risks so formulate a back up plan
just in case.

[DELTA5ROD]

Some of the things you should consider is whether the amount of effort you'll be spending on that work will be worth for the amount of money you'll be paid or not since this is a very important step into having a healthy work life . Being under payed is frustrating and keeps people from being productive since they know that doing everything perfectly won't mean shit since they won't be remunerated accordingly so they'll be lazy .

[pugman]

The main goal should be Profit Maximization. Subsequently to achieve the goal primary objective, there requires 5 essential standards.

• Planning - > Lay out the plans and objectives to be achieved in the span of the business's existence.
• Organizing - > Laying out on how your business should be formed and setting up the basics, your business startup and the like.
• Staffing - > Hiring employees, managers etc.
• Directing - > Enforcing the previously laid out plan to actions and achieving the objectives one by one.
• Controlling - > Monitoring the work being done and analyzing deviations and correcting them.

[Kaccy1]

I sincerely think that the only issue in business is nothing but how to get a good start up,because the manner of a business startup can go a long way to securing the business enterprise,when a business is not planned well before starting it up,it often leads to a quick bankrupt but when the factors such as enough capital,site and accessibility are put in place and to atleast a partially favorable level things with time will fall in place and tou see the said venture flourish.

[just_Alice]

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

I think the first thing you need to do before starting any business is market needs analysis, because you might have the coolest idea and investors and the plan, but there is so much of the product already in there, so you would have no chances to push it through, or conversely, this product might be old-fashioned, so noone would be interested in it at all. Also, if you're planning to have a large-scale scheme, you can start with creating a small, inaugural project and see how it goes, in this case you won't be venturing the money.

[Washball]

Before you start a business you need to have a business plan. This business plan explains what kind of business you have in mind and is a proof that you have thought it all through. What your chances are, what your turnover will be, what capital you need, what your ROI will be, the location etc. With that business plan you can try to get a starting capital for the location, stock, inventory and so on.

[jhean_arcane]

-snip-

All you have listed are practically what every business by default knows but at the same time, while some succeeds some others fail and stop existing. Either way, one basic thing to have is understand the need you want to fill as a business inclined individual and clearly state your target market because without these every other thing becomes impracticable.

Of the 100% of businesses, only 5% remains successful as the remaining 95% have already given up and chose to just close shop. The key thing is to first know if there's a demand for such a service/product before starting to build one. That's basically what's wrong with those who closed shop: they haven't researched too much on their target market that's why they ended up in a flop. Also, from what I'm seeing on today's markets, one product goes in trend and many shops market the same product without innovation. That will greatly saturate the market ending up in great competition, so the best possible thing to do is to think of something unique before setting up your own shop. Innovation is a big edge in creating a business, as people would be curious in your product and end up trying it and *might* like it.

And I have to add, a businessman should also make character developments such as increasing his EQ.  Those who can't take rejection will doom to fail. A person should also need to develop grit and confidence (not arrogance) whatever the situation is. I know someone who is confident, charismatic, and knows how to handle rejections and criticisms very well. Her business is terrible at first but because of these characteristics, she was able to make her business operational and stable. Market review is good and useful because it helps you identify where to start, but character development is better because it will help you keep your business.

[meliodas]

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

There are things to consider before you put up any business because it involves your money so you should be wise about it. First, you must be sure of your capital. Make sure that your business needs will match the capital that you have. Also, you must consider the location and your product. Just do series of research before starting a business.

[Joy12345]

You need to have a list of your goals in having a business.
Set also an ispiration so that you are dedicated to pursue that business.
You need to consider the people, if your business can capture the interest of the people.
Consider also the workplace and the workforce that really fit the business.

[dongyi17]

Something to consider before starting a business for me you need to have 3 Ps.. first  P- pray for your desired business, we may have plans but it is the Lord who gave us success..seek advise of an expert in business or counselor so that you will have ideas.. or knowledge about it.. 2nd P plan.. plan your business well..location, item, structure, you've got to have  strong, supportive team who would stick with you and believe in your dreams..budget and other document needed...3rd P is preparation, good timing is necessary for it, prepare everything you need before doing anything..

[labs0918]

Must know what is your passion in life so you can choose the best business you wanted to start. You must have a mission and vision in your business and do what ever you want do what you think is better for your business.

[bechay20]

Some things to consider in starting a business, first, make sure that you already know the circulation of your business. Second, make sure that the consumers or buyers or the people will appreciate your work in business and lastly, make sure that your product is in demand.

[douhancan58]

Starting a business is not only a job, but also a way of life. Favourite business ideas if entrepreneurs take longer to generate profits, better practice should be focus on small business, first determine whether your business goal, and then figure out how to use their entrepreneurial passion, to provide a business reason to support entrepreneurs, and ensure that the company's profit is enough to make it survive.

[Noelbetty12]

I think a good market research and consumer surveys will be helpful in starting the business. And add to this the business plans  and feasibility studies to make sure everything will be working fine.

[sapnu]

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

There are so many things to considee before you start a business. First is that you need a business lan for your business to be stable or consistent in everything. Second is that capital. You need a money for you to start business for the production expenses or any expenses before to start that particular buskness.

[Hopeful2017]

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

Do the following before putting up a business:
1. Plan what kind of business you are going to out up.
2. Study and research about that.
3. Look at good locations.
4. Consider your capital.
5. Be positive.