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Discuss Personal Finance Forum
Top tips for starting a business - Printable Version

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+--- Thread: Top tips for starting a business (/thread-296.html)

Pages: 1 2 3


Top tips for starting a business - Martin - 05-18-2018

What are the top tips for someone wanting to start a business? 

I have a couple: 
  1. Do something you are interested in
  2. In this day and age, you need an online presence 
  3. Branding is key



RE: Top tips for starting a business - Mozzie - 05-19-2018

Knowing your competitors and how they sell and advertise..
Market research, is there are client out there for what you want to do


RE: Top tips for starting a business - Itsmenermin - 05-26-2018

Before starting a business, you need to ask yourself first if you are 100% sure about it, are you willing to take risk, and to complete your decision. Because we don't want a business that we won't enjoy.


RE: Top tips for starting a business - Sweerie_banana - 05-28-2018

You definitely need to write a business plan, to help you start and run it. It does not need to be long or detailed, as long as it covers a few essential points. You also need to start with as much if your own money as possible and not with loans because this is a risk and of it fails you may end up losing everything over to the bank or the people you took a loan from. Remember to also start small, by starting small you ensure that you can survive the inevitable hiccups associated with running a small business. A the best on you business and do sure let us know if you were successful at it.


RE: Top tips for starting a business - KellyGeo - 05-30-2018

Starting up a new business is not something you do without caution because if care isn't taken, you will end up losing the business investment. Research is the key when starting a business. You must evaluate the market on what you want to head into so that you cannot have any surprises.


RE: Top tips for starting a business - Sweerie_banana - 05-30-2018

(05-30-2018, 08:41 AM)KellyGeo Wrote: Starting up a new business is not something you do without caution because if care isn't taken, you will end up losing the business investment. Research is the key when starting a business. You must evaluate the market on what you want to head into so that you cannot have any surprises.

Hi.  That is very important actually. To avoid competition from the people around you, your business needs to be unique.  It's so depressing when you are competing to do the same thing with someone else because at the end of the day, the customers will go where they are used to.  I do love my business and I think that was the best decision I ever made.


RE: Top tips for starting a business - amitkokiladitya - 05-31-2018

Every business does not turn out to be fruitful. A detailed analysis of the market is mandatory for stepping in a new field. One should focus on the products which have a regular customer inflow and have a demand all around the year. Then only one can earn profits and that too on a regular basis.


RE: Top tips for starting a business - whitesno - 12-17-2021

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RE: Top tips for starting a business - whitesno - 12-24-2021

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RE: Top tips for starting a business - whitesno - 03-05-2022

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