Whats the first steps in going into business ?

Discussion in 'Business forums' started by Adam H, May 29, 2009.

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  1. Adam H Administrator

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    There are alot of different opinion on the first steps you should take when going into business like having capital to work with etc.

    What would you say are the most important steps ?
  2. jordancn New Member

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  3. frdsmth9 New Member

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    First determine what you enjoy doing....then see if you can fit that into a business idea. If yes, than determine if there is enough of a market for your product or service, Next, from a pricing point of view can you make a profit. Write youself up a general business plan (you can find examples of business plans on the web, or get a book from the library.

    Also pick up a book on how to start a business.
  4. Aubree New Member

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    finance

    well the first step that u have courage and plus the main thing is finance...and u need a good idea
  5. kim robin New Member

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    Capital is the first I think.
  6. rajagiri New Member

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    hi

    you are going to the business that time you know about the details of the business and capital also important.
  7. shubh New Member

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    The most important is market research before planning a business set up.
  8. goldyweb New Member

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    1. Start with something small.
    2. Do something and make a impression.
    3. Learn your business and get some skills.
    4. Be professional.
    5. Get customers and enjoy :D
  9. myteeprodu New Member

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    It's very good question in any new business first you select all details of market and then after you invest in any related business.

    Thanks
    Myteeproducts
  10. dhanjit New Member

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    The very basic things- Make a plan & an strategy for your new business. Evaluate how financially strong you are and how much you can afford on the business.
  11. sagar.best New Member

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    Well i would like to say that main thing is that you better know what you are going to do and how you will promote it , study about it fully then enter.
  12. ~kev~ New Member

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    Stay out of debt and only spend what you can afford. Debt and the interest it carries is a real killer to small businesses.
  13. lajocar New Member

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    Capital and planning is the most important
  14. townsville New Member

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    well for me, the first thing to do when setting up a business is to think for a business that you would enjoy doing and have more knowledge or qualify your skills. then after choosing what kind of business you would want to start up, then you can now do a market research.
  15. daniela27 New Member

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    Think of what interest you. Take a risk, business is a trial and error. Plan, money and a lot of time and courage is the best way to start a small business. I suggest a online business or outsourcing.
  16. Orion New Member

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    Once you make a plan, follow it at all costs.
  17. mlboyle19 New Member

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    Rep: Whats the first steps in going into business?

    You must start with a good business plan before. You should be systematic with your plans and just work hard. Lay down a good foundation for your business. Establish your goal, always consider your customers, do some research of your planned business and you should realize that you have to make some risks. Be unique in your marketing, and be creative in promoting your products. There are plenty of ways you can utilize and let's say an online business for example. If you will go online you will have a wider coverage because you are able to reach out to anybody anywhere in the world that's why for me, it is very important to advertise your products and services through internet.

    So how can you be unique in your online business? There are new tools available in the market right now that can help you. A live chat software for example, I'm not really sure how effective it would be in your online business but its really a very good lead generating tool. Its all up to you on how you are going to promote your product. I'm trying to give you an idea on how to make a successful internet business because I myself is in the same field. I just started few months ago and so far the outcome of using this live chat software is satisfying both for me and to my customers.

    to learn more maybe you can visit here
    -//onlinemarketingresource.blogspot.com/2009/10/topmost-priority-in-s.html

    good luck and I hope I was able to give you some insight.

    Miley
  18. jason830 New Member

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    I think you should choose a good subject,then creat a website.This is the first step.
  19. proweb New Member

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    When I started in online business, I had money only for a shared hosting account, and for a few domains.

    It's very good to have a big capital, because you can earn more money faster, but you also can start an online business only with a PC and a good niche blog.

    I'm planning in the future to start a construction company, but for this I really need a high capital (around $100.000).
  20. szury New Member

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    I can lend it to you proweb :tongue:
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