The precarious economic situation in the country, unemployment and low wages are forcing people to look for options to make their lives more stable. The desire to live in prosperity and not depend on the employer leads to the fact that more and more active and enterprising people decide to go into small business.
If you have decided on your desires to start your own business, start by choosing a direction of activity. List everything that you know how to do well, and what would be interesting for you to do. When the list is ready, start crossing out the least promising options. At the same time, take into account the possibilities of the sales market and the amount of financial investments.
When there is one item left on your list, think about what your competitive advantages could be, what you could do for people that other market participants do not. Among the main competitive advantages are quality, price, image, novelty, etc. If you can come up with at least two or three points, then your idea can be successful and, with the right approach, bring good dividends.
Check out the bills that are aimed at supporting and developing small and medium-sized enterprises. Most likely, you will be able to take advantage of the comprehensive assistance of the administration of your region. For small businesses, there are restrictions on turnover and the number of employees in the state, so if you plan to open a large production or chain of stores, then you are unlikely to be able to use such programs.
Imagine how you will organize your small business, draw in your head a picture of how your company will look like, what you will do, what responsibilities your employees will take on, what you need to ensure the smooth operation of the company, what are the ways of development and expansion activities. For convenience, you will need to dress all this in words and numbers and transfer it to paper in the form of a detailed business plan. You will need it in order to take into account all the nuances in organizing your own business, to avoid mistakes on the way to achieving the intended goal, as well as to receive investments.
To find start-up capital, you can resort to the help of investors or take out a bank loan. The state also provides support to small businesses in the form of subsidies, concessional loans, training, etc.
Submit documents to the tax office to register a future company. Even at the stage of their registration, you can safely start solving organizational issues (search and repair of premises, purchase of equipment, recruitment, analysis of suppliers' proposals). The main thing here is hard work and self-confidence.
