Tuesday, September 25, 2018

WHAT ARE THINGS I NEED TO DO BEFORE STARTING A BUSINESS



Business is any activities you involved in which fetch you and your family a living, when you're talking about business, business is meant to be planned for, and it must not be joke with, it is an abstract that can easily liquidate or appreciate, business is like a human, who as an aging process that is growing from little into teen and from there to youths, the way people treat business nowadays is what makes it got collapse and experienced liquidation from every part, business according to business analysis is what I have to be monitored every now and then, be it you are in the business or you employ people to actually help you do the job it is meant to be monitor every time.

One business is one brand, the more you put into business it is the more you get out by the time the good time comes, the thing is you have to believe in the future of the business you want to venture into, although business is a form of risk taking process which most times yield on at good result, it is very well better  to start a business than not to start at all, it is what one has in store that serves one later in time to come.

So, doing business is like investing for a better future and putting up things that gives very big gain to you yourself in the very near future, in terms of small scale business, you already that it is probably only you alone in that business, what you have to do is to put up our very possible best into the work, having a one man brand is where many big business people and person of today started from, it is the strength you now put in what you do that gives you a better possible outcome to growing larger.

Now the question on board is what to do before starting a business ? i will say there is no much big deal and at the same time i will have say it is a kind of big deal, for a small business person you will have to put it up yourself and for entities and big organizations, you will have to create some group i.e department that will have there main job as seeing to the state of the business affair, the business affairs will be their priority and an utmost thing that must beat in their mind, doing this as a pre-business strategy really pays a lot, i know as an organization or an individual, you will not want to get into problem as close as you start up a business, so it is better this three (3) things are put up before the creation of the organization, and it goes thus :


  1. RESEARCH : Research is like an heartbeat that gives an individual or an organization the perfect clue on sustainability of a business currently or just starting, if one research is strong, one will not end up with business liquidation, but instead such fellow will enjoy the fruit of his or her labor, research makes you know more about the brand you are about to venture into, how can you tackle it, what kind of audience does the business receives, research really matters a lot in the life of a new business even the life of the so called grown ones because without constant research they (the organization) might not know what and what is bothering people's mind about that product, so from an expert point of view, i will recommend constant research for yo as a means through which you can easily get your brand on high at its commencement, do try to take many researches whenever you are going into a product, ask what selling price will be profitable? is there a particular amount period of time this product sells well or is there a way to quickly get up by-passing the normal procedure. 
  2. ASK YOURSELF HOW PROFITABLE IS THE BUSINESS : please don't because of pity for people go into a business with a very low and not profitable price, common! you don't have to do that, this is a business not a charity organization, ask yourself how profitable is the business, how can it help my career and  how can it be a business for life? and not business for the mean time, try asking yourself all this questions and put up possible answers to yourself by thinking well.
  3. LOCATION : this is another important thing to also consider when doing a business, you have to find a very better location to situate your business ,  not that you just move to one local area that can help your business, try getting space in the place where you know serve as a very place where you can easily distribute your product as an individual or call your transporting team if you are organisation, the best way to get your business strong is staying in the right location that will help the business move forward.

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