Many people think about their own business, but for most of them everything remains only at the level of thoughts. The prospect of a business is both beckoning and daunting: What if I don't succeed? What if I take out a loan and cannot repay it? Of course, business is a risk. However, observing certain rules, almost everyone can build a business from scratch.
Instructions
Step 1
Are you thinking: shouldn't I open my own business? If you like this idea, it's time to look for a business idea. There are no recommendations like "how to find an idea", because all our ideas live around us and depend on our interests, our worldview, our skills. At this stage, it is important to understand what you would like to do. As a rule, what you like works best. You probably enjoy doing at least a few things, like cooking, website design, and parenting. Think about what the consumer may need from this and how you can provide it to him. For example, you can organize a private kindergarten or hobby group.
Step 2
Then it is worth calculating what approximately investments will be needed to translate your idea into reality. You should take into account such points as:
1. Do you need a room? If so, then there are rental costs.
2. Registration as a legal entity or individual entrepreneur. This is a small amount of money, even if you register a company or yourself through a specialized firm, but it is also worth considering.
3. Advertising, website, promotion of your business.
4. It may be necessary to obtain licenses (for educational activities, food trade, etc.).
5. Equipment for the premises, technique.
6. Personnel.
It doesn't hurt to add another quarter of it to the resulting amount - for unforeseen expenses.
Step 3
Having determined the required amount of investments, you can understand whether your own savings are enough for your business, or whether you need investors, a bank loan, etc. To obtain a loan and for investors, you need a competent business plan. As a rule, a business plan for novice entrepreneurs is sketched even at the stage of thinking about an idea, but the bank or investors need not a sketch, but a detailed document containing a description of your idea, a list of all necessary expenses, a description of the market situation, possible risks and, most importantly, that how you will develop and make a profit. The investor's goal is to make a profit, so it is important to make him understand that your project is really interesting and needed by the consumer and that the consumer will buy it, thereby generating income.
Step 4
Once you get the funds you need, it's important to take action right away. It is desirable that everything be prepared for this. That is, the registration of a company or yourself as an individual entrepreneur can be done even in the process of negotiating the provision of funds, as well as starting an advertising campaign. It's also a good idea to look closely at suitable premises for your business and visit job search sites and employee sites to attract staff.
