5 QUESTIONS TO START A BUSINESS IN 2016
2016 has landed and festivities are rounding off,
you cannot just sit back and stay idle doing nothing,
you can start up something on your own. There 12 full
months in front of you, as the world grows in terms pf
technology, your idea on business should not be of
old. Rather you think of how creative you can be
depending on your field of endeavour.
Below are five basic questions to reflect on before embarking or starting a business :
1. What is the intended source of your capital ?
You have to have a plan of were your capital will come from to enable you run the business.
2. What do people demand for ?
You should ensure you know the people you will satisfy. Clients and customers should get what they need from you.
3. What can you offer ?
Do make sure you know the type of business you want to bark on so as to ensure that you serve customers or clients so that they can come back to you, when the need arises.
4. How do your customers or clients need your service ?
Use modern techniques to help get the mind of customers.There is a saying that customers are always right, so give them what you have , how they need it.
5. What is the profit ?
The aim of every business is to make profit, any business you do and there is no profit is not worth continuing. Try taking records to help you calculate your profit a nd loss.
These 5 tips will surely help you succeed in your business.
you cannot just sit back and stay idle doing nothing,
you can start up something on your own. There 12 full
months in front of you, as the world grows in terms pf
technology, your idea on business should not be of
old. Rather you think of how creative you can be
depending on your field of endeavour.
Below are five basic questions to reflect on before embarking or starting a business :
1. What is the intended source of your capital ?
You have to have a plan of were your capital will come from to enable you run the business.
2. What do people demand for ?
You should ensure you know the people you will satisfy. Clients and customers should get what they need from you.
3. What can you offer ?
Do make sure you know the type of business you want to bark on so as to ensure that you serve customers or clients so that they can come back to you, when the need arises.
4. How do your customers or clients need your service ?
Use modern techniques to help get the mind of customers.There is a saying that customers are always right, so give them what you have , how they need it.
5. What is the profit ?
The aim of every business is to make profit, any business you do and there is no profit is not worth continuing. Try taking records to help you calculate your profit a nd loss.
These 5 tips will surely help you succeed in your business.
Comments