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How should I start my own business?

  1. flikabing profile image63
    flikabingposted 5 years ago

    How should I start my own business?

    I tried to start a business but I failed. sad

  2. Rhonda_M profile image84
    Rhonda_Mposted 5 years ago

    Very broad question. Some steps to begin with

    Decide what product or service you really want to sell.
    Determine if there is a market for it
    Decide what your target market is
    Research what you can charge for your services
    Be clear on what value you are offering customers
    Determine what you "brand" is (how are you different from your competitors)
    Then market, then produce good work or sell good products rinse, repeat
    Of course you will have do such other things such as register a business, make a business plan, decide how much time/money you have to invest.
    Simple. Sometimes, not easy. :-)

  3. profile image70
    win-winresourcesposted 5 years ago

    Hi Flikabing-

    Any business begins with research, a lot of research.  You have to know your market, your product, your competition, your financials, your production and fulfillment, marketing, and your supply chain just to name a few.
    Most business fail from lack of planning and lack of finances.

    Good luck.

    -DW

  4. profile image0
    Old Empresarioposted 5 years ago

    Write a business plan, write a business plan, and write a business plan.

 
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