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flaize2004 | What are the three most important things to start a business? |
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Charlie
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Location.
Location.
Location.
And a good business plan. |
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slimplan4u
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You just need to believe in yourself. The team that I belong to has great support to help you stay excited about your business. If you are excited and you have the proper marketing plan you will succeed. |
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bbq
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1. business plan
2. money / credit / friends - these may be interchangeable. knowing people in the bus will get you furtherest. |
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mschung298
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1. Money
You need to buy equipment and supplies and pay yourself and employees.
2. Business Plan
Know what you're going to do and how you're going to do it. Also need to know how much money you expect to make and what the competition is doing.
3. You have to GO FOR IT!
Most ideas never get off the ground because people are scared to start. You have to start! You also have to have perseverance.
Other things you might consider:
a. make a website - it makes your business look bigger
b. make a nice business card - looks more professional
c. tell everyone about your business - family and friends can send you referrals
d. make customer service a top priority - bad service can hurt you the most
Good luck!
Below is a good website for entreperneurs. |
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imisidro
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From the article "10 Rules for Small Business Success" http://www.powerhomebiz.com/vol19/rules.htm , here are some things you need to successfully start a business:
1. Plan for success. An entrepreneur should understand the power of planning. A good plan helps you increase your chances of succeeding and can help you define your business concepts, estimate costs, predict sales and control your risks. It tells you where you are going and how to get there. Going into business without a plan is like driving into a foreign land without a road map.
2. Work smart. As an entrepreneur, you need to possess self-confidence, plus a never-ending sense of urgency to develop your ideas. Studies have shown that the individuals who succeed in entrepreneurship are far-sighted and can accept things as they are and deal with them accordingly. They know how to manage their time, realizing the importance of leisure in as much as work. These people are oftentimes quick to change directions when they see their plans are not working. More importantly, they recognize their weak points and move on to nurture alliances and acquire the skills they need to put their business on the right track. They realize the importance of working smart, knowing that it is not the quantity of work you do, but what you do and how well you do it.
3. Define a viable market segment for your product or service. The next step in starting a new venture begins with listening to the marketplace. Define an unmet consumer need first, before you develop a product to satisfy that need. Regardless of how astute you may be in business, if the market isn't there to support you, then you cannot expect to go very far. However, the majority of entrepreneurs first come up with a product they think is "hot" before determining the existence of sufficient demand for the product. You may have the most exciting product in the world, and people might think that it's the most interesting thing they've seen in a decade, but if you can sell only a handful (to your immediate family and in-laws), you are probably doomed to failure. In order to verify that there is a need for your product, you must test the market by conducting a variety of market research.
Money is important, but many entrepreneurs have succeeded even without tremendous amounts of money. You just have to believe in yourself. |
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aymscorpio74
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1. Product Knowlege (what are you selling or what services are you giving as well as knowing your competition)
2. Location (where are you going to sell online, shop, home)
3. Capital (how are you going to fund it) |
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ask the eightball
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Be willing to work you a** off,
Have an idea that can make money,
Find the money to start it up. |
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Qudratullah khan
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The first one is good answer |
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jena
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#1 Buisness license
#2 Money to start up
#3 DETERMINATION |
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bmw499cc
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planning ,money ,leader ship skills |
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