How to start a business? what are the main requisites in order to start a business?

Question

How to start a business? what are the main requisites in order to start a business?

Answer 1

It depends if you want to be home based or open up an actual business in your town. You would need to know what kind of business you want to open, you need to have a proposal set up with executive summary, company summary, service market analysis summary, and financial plan. With all of this you go to your bank and apply for a small business loan. You find places to rent/lease/buy and begin your business. If you want to go with an online business, depending on what you want there also, you will need to create a website and sell your products or services.  

Answer 2

You need to have lots of motivation.

This really is the only requirement. To be able to pick yourself up when you fail and start again makes a big difference.

Then you need to work really hard at it. It will really require some hard work to make it successful.  

Answer 3

Start with your idea, start up costs, work space costs, employee costs-a minimal amount of money-say 6 months worth to ruin it-etc-in other words-figur out a business plan-even if you are the only employee. Do you run it out of your home? The cost of a business license-deciding to set aside monies for bills,taxes etc. Advertising and networking etc. I ran a mural business for 35 years-I paid taxes, supplies, gas, ads once or twice a year and donated my services-which got me more jobs, listed with local Yahoo and phone company,made sure I was honest, polite, went over backwards to make things right and never whined-when I retired I was told I was the best in CA and I know I was among good crowds but it was a huge compliment-whatever you do-start clean, honest and knowledgable-do your research on pricing and all-

Answer 4

Use this basic checklist to make sure all the important steps are taken before you launch your new venture. This business checklist will make sure that you cross all your t's and dot all your i's before your business launch.

Steps to Starting a Business -

http://www.developer-resource.com/starti...

Other sites you might find helpful are:

SBA - http://www.sba.gov/

SCORE - http://www.score.org

Small Business Resource - http://www.small-business-software.net

Business Link - http://www.businesslink.gov.uk/bdotg/act...

Goodluck!