Some things to consider before starting a business

[Leo_Wolf]

Not more than once a month. I think this is a harmless pastime for my health.

[uchechiboy]

 At first sating up a business is difficult especially if it is your first time in doing something like that, first things to consider in starting up a business are: the market, product, location and the economy, the type of business you what to enter into,how it works ask about it from those who have already be in it before you,before going into it.

[Stervyatnik]

The main thing that you need to understand in this case is that the invested money can not always pay off immediately, and here the main thing is not to lose your head!

[luckerders]

Try to improve the visibility and ranking of your website through SEO optimization.

[meklinks4]

#1. i'd preffer you saying; do not invest all your money i.e. start small.

It's necessary that you'll go into something that you're passionate about so that when it gets tough, the passion will keep you going.

Give substantial monetary and time investment on sales and marketing activities; coz that is one of the parameters that drives business profitability

[cleimor4e]

Use social media to promote your business. Online marketing is the most important part of the business.

[trakatalopp]

Market research is the very crucial step in deciding business development strategies.

[Salty yor]

Find an opportunity that matches your skills and passion.
because Passion is one of the most important factors to take into consideration when you're opening a business or starting a franchise. If you aren't passionate about something you're doing all day, chances are it's going to fail.

[Salty yor]

Do you have the time and money?
you even think about opening a business, you need to decide if you have the time and money for it. You need to be positive you're in it for the long-haul.
If you're not 100 percent committed, don't do it," Robinson said. "You're making a decision that's going to require you to put up a substantial portion of your net worth at risk. It's going to take more time, more effort and more capital than you thought. It's a decision that will compel you to give everything you have to have a chance to be successful."
Your financial situation becomes even more crucial when you're looking into a franchising opportunity. Some opportunities have initial investments of a couple thousand dollars, while others can cost a couple million. Portesy advised evaluating your budget, expected future costs and willingness to take a risk.