How To Make Your Own Small Business

Table of contents:

How To Make Your Own Small Business
How To Make Your Own Small Business
Anonim

Almost all of us have thought about starting our own business at least once. Of course, it will not be possible to create a large organization with minimal or no investment, but one should not forget about the prospects of small business. Small business is both a way to make money, and a path to self-realization, and doing what you love. The first steps to starting your own business will be an idea and a business plan.

How to make your own small business
How to make your own small business

Instructions

Step 1

Small business is your chance to do what you love for a long time. Surely the products of your labor will be in demand. If you know how to design and sew clothes, then an atelier shop for tailoring evening dresses would be a great idea for your business. Even seemingly unpopular goods or services can be in demand - with the right choice of the target audience and their presentation.

Step 2

Once you have an idea, you can sketch out the basic steps to start a business. They will help you build a complete picture of what you may need to create a business, as well as an approximate cost estimate. To create such a small step-by-step plan, you should ask yourself the following questions:

1. Do you need a room?

2. Do you need equipment and if so, what kind?

3. Do you need staff?

4. Do you need suppliers of products, raw materials, etc.?

5. Who needs your products (your services), how will you market your products (provide services), how to promote them?

If we look at the example of creating an atelier shop for sewing evening dresses, then we can assume that the organizer of such a business at first will only need equipment - a sewing machine, registration as an individual entrepreneur and advertising. The rest may be needed only in the process of business development. Fabrics and materials will be purchased at the expense of the customer and in agreement with him. Therefore, the main costs will be a sewing machine (up to 15,000 rubles), registration (a state duty of 800 rubles is paid for it) and advertising (depending on the capabilities of the business creator).

Step 3

After an approximate calculation of the costs, you need to decide where you can get the money for the business. A small amount like the one described in the example, most likely, everyone has. Larger amounts can be borrowed from friends or attracted investors. Bank loans for starting a business are rarely issued. If you intend to attract an outside investor, then you will need to write a detailed business plan. However, it is needed in any case, since it will help you analyze the market for goods or services similar to those that you are going to sell or, accordingly, provide. Do not underestimate the importance of a business plan - this is the most important document that will serve to organize your business, and not just to attract investors.

Step 4

A business plan consists of the following elements:

1. summary. It contains conclusions across the entire business plan.

2. the essence of the business.

3. analysis of the market for goods or services similar to yours.

4. plan for the production of goods (plan for the provision of services).

5. staff.

6. the necessary costs.

7. payback of the project.

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