How-to-start-a-business.doc

《How-to-start-a-business.doc》由会员分享，可在线阅读，更多相关《How-to-start-a-business.doc（8页珍藏版）》请在得力文库 - 分享文档赚钱的网站上搜索。

1、Four short words sum up what has lifted most successful individuals above the crowd: a little bit more.-author-dateHow-to-start-a-businessHow to start a businessHow to start a business A recent research shows that the number of college graduates who want to start their own business has increased rap

2、idly. Setting up your own business will by no means be easy, but the following steps may help you know what you should do and what kind of potential problems you may face.First of all, you should know that to successfully manage a business requires specific management skills, and it can be quite com

3、plicated if youve never run your own business. In this case, you had better take some business courses to learn more knowledge about business trade and management skills. After that you have learned enough knowledge, its time to think about your own company. Developing your thoughts and writing a bu

4、siness plan is the most important and basic step to successfully start and build a business. Its essential to make sure that you fully understand what your business is about and make sure theres a need for it. You should ask yourself “Who is your market?” “Will people accept your products?” “Profit

5、from your business?” However, it is totally a waste if you just think ideas in mind. You must research your market to find out what makes your customers buy. Make sure you have got something different that people wants. Then, the one thing you must do is to make a realistic business plan which descr

6、ibes the business, its objectives, its strategies, the name of your business, the market and so on. After you have a detailed plan, its time to think about the financial issues. Unless you have sufficient funds or family or friends who are willing to support your business, the only way you can do is

7、 to borrow money from a bank. However, the bank will not consider lending money to help start a business unless you can show it a detailed business plan. Your business plan shows the bank manager that you have considered your business carefully enough. It is important to find out which bank offers t

8、he best deal and to make sure what you got is right for your business. You also need to get ready for facing troubles, sometimes some banks will turn you down or offer you only a little of money. Even if you have already solved the financial problem and set up your own company, you cant get any rela

9、xation because there are still a lot of important things to handle with. First, you must make sure you are running your business correctly under law, which can be tax laws, employment laws, and trade laws. Second, it is important to keep things as simple as possible. Otherwise, it can be a big mess

10、for your business and make it no efficient . Last but not least, in order to make your business a success, you must let the consumers well-know your products. There are many ways to advertise your products. Delivering flyers in your area is a direct option. Newspaper advertising is also a good choic

11、e for local businesses. If you are advertising your business through a website you must make sure it appears on the place where people often log on. At last, another thing you need to know is that competition and cooperation are two complex relationships in your business. You will always face the ch

12、allenging by your competitors, so to ensure you attract more customers, you must have something different, especially a competitive price to your competitors. Gather information from your competitors and try to learn the things they do well, but also try to be alert to their errors. If you decide to

13、 manage your company by yourself, it will be quite difficult to survive among the competition. Not only should you have a reliable team that helps you to run the company well, but also you should try to make a cooperation with your competitors. You can negotiate with your competitors and make a deal

14、 that you can both benefit from. Even more, if possible, you can try to establish a joint venture with them so that you can be more competitive in the new global economy. Although there are a lot of steps of how to start a business, I think the most important thing is to believe in yourself and believe in your business. As an old going says: Nothing is impossible for a willing heart. If you are the person who are full of enthusiasm, are sensitive to the business opportunities and willing but rational to take risks, you will be successful through your hardworking in the end.-