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What are some tips for starting a bussiness?

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What are some tips for starting a bussiness?

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  1. You have to have some start up capital, or access to money to get the business off the ground.  You should draw up a business plan.  Decide what you goods or services you will provide, identify your market, and determine how you will get your goods or services to your customers.

    Then, make up a budget.  You will have some business development expenses, and your budget should keep you from spending too much in trying to sell your products.


  2. Know what your selling, to whom your selling to and market the heck out of it.  Deliver exceptional customer service and always make your clients feel like they are smart for buying your product or service.  

    Oh yeah, also have a lot of money or plan on eating Ramien Noodles every night for a couple of years.

  3. dont

  4. In this day & age, hard work and sweat don't amount to very much.  Bottom line: It takes money to make money.  Better have LOTS of start up capital.

  5. Learn that it's spelled business.

  6. 1.  Prepare a business plan.

  7. Starting any type of business is not easy.  You have to first accept that during the first couple of years you might struggle to keep your head above water.  

    You must know the ins and outs of the business you are starting.  Starting a business is more than just finding all of your tax write offs (although keep great records of them).

    You must also know what will separates your business from other businesses like yours.  Will you do the job better, will you be quicker, you will be cheaper, will you offer better customer service.  These are important questions to ask yourself and to carefully plan.  You need to offer something that your competition does not.

    You need to know who your customers will be.  This sometimes takes research and speculation.  Who will be purchasing what you have to offer.  How can you make yourself known to these people.  You take this information to work up your advertising campaign and where you will advertise.

    You need to be ready for anything so be insured.

    I have worked in the accounting field and have seen new businesses prosper and business fail.  The biggest key that I have seen in success is flexibility.  If one way was not working the company was flexible and tried something else.

  8. be very careful with partners.

    getting into a deal is easy.

    getting out of a deal is hard.

    'A' people hire 'A' people.

    'B' people hire 'C' people.

    know your customer well.

    if you intend to raise money for the business from professional finance guys , then read the book "A good hard kick in the ***"

    yes, that is the name of a real book.

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