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Author Topic: Some things to consider before starting a business  (Read 3706 times)
cryptoalfs76
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January 25, 2018, 09:42:01 PM
 #281

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
Yes!all of this things is a big lot important should we consider in making a bussiness,but for us being a new merchant,should we also consider the ups and down of happening when doing  business,because its like the price value there's a volatility.this things we should prepare to ourself that everythings happen,not only winning to earn but sometimes we learn to accept failure,because everything has reason and a purpose to become more stronger in terms of making bussiness.

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January 25, 2018, 10:36:11 PM
 #282

There is a big number of things to consider, and - out of the advice you received here - you can find everywhere a lot business plan templates that will help you to start in the right way.

From my part, as a seasoned serial entrepreneur, I want to give you just ONE advice: Don't try to create a market for your product!!!! I tried a lot of time and every time I failed, because - even if it could be possible - is so expensive that advertising will eat all your potential profit before you start.

Instead, find an existing group of hungry buyers and create the right product for them. When I made this shift, my business life changed completely.

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January 25, 2018, 10:37:48 PM
 #283

to consider in starting a business first is the capital we should have according to what we will put up, (second is our knowledge how to run or handle it, third the right proper place where to put it up and according to what it is and fourth be sure to have project study of it to surely gain and profit from it.
Konthol Ngaceng
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January 25, 2018, 11:02:39 PM
 #284

The most important thing is the analysis, before opening the business then we have to do the study and analysis about the business feasibility that we choose, choose the business should be prospect for long term.
makolz26
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January 25, 2018, 11:17:48 PM
 #285

The most important thing is the analysis, before opening the business then we have to do the study and analysis about the business feasibility that we choose, choose the business should be prospect for long term.
We have to make sure that the business that we want to start with is what we want to, don't make any business that is beyond our passion, doing what we love the most is the key factor to become successful, it is wise also to have a good location when in you have your competitors there already existing,  then of course the capital that you will use.
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January 25, 2018, 11:22:34 PM
 #286

The most important thing is the analysis, before opening the business then we have to do the study and analysis about the business feasibility that we choose, choose the business should be prospect for long term.
We have to make sure that the business that we want to start with is what we want to, don't make any business that is beyond our passion, doing what we love the most is the key factor to become successful, it is wise also to have a good location when in you have your competitors there already existing,  then of course the capital that you will use.
I agree with this which it is really good to build a business that would really be our passion because without it we wont really serious on building it up but rather it would really just some to waste or failure which would lead into waste of money. Dont focus on places which you do have lots of competitors its much better to go on places on where there are few or you are the only one who do offer such service.
Andrej Peiboski
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January 26, 2018, 09:55:04 AM
 #287

Well, there are a lot of good advice here, but if you need this kind of advice, may be the idea to start a business is not too good for you.
You need much more than some generic tips: a business - even a small one - is a very complex and competitive activity.
So, check deeply if you can afford what it's needed.
Btw, good luck!

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January 26, 2018, 10:01:35 AM
 #288

Before you open a business you need to consider first who will be you customers and what is the trend one of these days in order for you to gain profit. Second if you are done with that you need to comply all the important papers that you need to pass in your government so you will get a business permit. Lastly, your business must environmental friendly.
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January 26, 2018, 11:15:36 AM
 #289

Before starting a business there are things to be consider.
You must have feasibility study on what business you are going operate.
You must start business that you are much familiar to your capability is better.
You must consider the end user of your business.
You must consider the amount of money for your choosen business.
And consider the place to run your business that fit the business you want to run.

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Anco_Marzio
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January 26, 2018, 02:48:44 PM
 #290

There are so many things to consider before starting a business...
What it was said here is just a micro part.
If you are thinking about a traditional business, go on the field and study what are the winning companies doing.
If it's completely new, well... you need to be very creative, and... very lucky!

blackbutterfly
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January 26, 2018, 02:55:12 PM
 #291

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 is so many consideration to start a business like your time to your love and family and also consider the little mistake any of your employee.

thrylos
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January 26, 2018, 03:37:11 PM
 #292

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 just want to share my idea, here is my some points before interning business:
1.first is the uniqueness of your business that you want to build
2.Is it seasonal or not
3.the class or a kind of your costumer
4.location you choose
5.speculation or expection of time for the amount of profit
6. Do not aim high in profit for your new born business.
6.always have a reserve plan.

I don't think how effective it is and what is lack for this idea, this is how I want to do my own business for the future because it is my dream to become a business man.
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January 26, 2018, 06:40:40 PM
 #293

According to me there are some points that should be in mind before starting business;
1. What will be the out put of your business and how the out put of your business is value able in market.
2. How will you receive the raw materiel for the processing and to make out put.
3. what level of worker you need for your business, new,trainee, experienced or expert.
4. And the most important is how will you express your out put in market.
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January 27, 2018, 07:35:29 AM
 #294

Please note that to start a business it's not difficult, if you profit of other people experience (by books, lesson, mentoring, just observing, and so on)
You will see that at any step you will hit any kind of strange problem, that - very likely - other people have already solved.
To try to solve by trials and mistakes can be very expensive.
So, find someone that can help you: it's the better way for a safe grow.

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January 27, 2018, 09:01:28 PM
 #295

There are two big categories of things to consider: first, the "technical" aspects (financing. planning, location, production, and so on), and you can find plenty of material about them, even for free.
The second is the mind set: if you don't have the mind set of an entrepreneur, no school, no books, no course can give it for you.
Ask yourself if you have the right mindset: in this case, the technical part will be very easy to solve.

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Semosuchi Tesongrato
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January 28, 2018, 12:22:44 AM
 #296

To "have the right mindset" is a very vague statement: there are tons of "guru" selling motivational staff talking about the right mindset.
But it seems to me just usual psycobubble. What do you concretely mean by "right mindset"?

There are two big categories of things to consider: first, the "technical" aspects (financing. planning, location, production, and so on), and you can find plenty of material about them, even for free.
The second is the mind set: if you don't have the mind set of an entrepreneur, no school, no books, no course can give it for you.
Ask yourself if you have the right mindset: in this case, the technical part will be very easy to solve.

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January 28, 2018, 12:38:12 AM
 #297

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
In addition to some of the things you mentioned this, in my opinion that will be determined before starting a business is a skill you have, first you have to determine the business you will do that is business that you mastered, so it is not difficult when doing business. If your business is not mastered then you will be stuck with your business plan

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January 28, 2018, 12:46:05 AM
 #298

Location, put a business with knowledge not because you like to put. Product must be in a low price that they can afford.
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January 28, 2018, 12:54:22 AM
 #299

there are a lot of steps to consider before starting a business, and it certainly doesn't happen overnight. As an entrepreneur, you must be willing to dedicate most of your time to the process.
The first thing to do when contemplating starting a business is to understand the commitment required.

To make sure you've covered all your bases before opening your doors, this are the best advice on starting a business.

1. Do your research.
2. Take care of the legal aspects.
3. Map your finances.
4. Hire help.
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January 28, 2018, 01:04:43 AM
 #300

First know the supply and demands. Identify the target places and clients. Study the marketing flow. Know the weaknesses and improve it. Make a strategic market plan, then established your business.
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