Do you know you can actually accumulate enough steem and SBD in the course of being on steemit to start you own physical business where you can be your own CEO?. Many of us has accumulated enough steem and SBD , in which if sale, will have what it takes to start a business.
Before i continue, i will advise you to conceive the idea of thinking outside the small circle you are in now, As you are reading this article, i want you to think as a business tycoon/ entrepreneur.
The dream of being a CEO in life can actually be activated courtesy of this post, dont neglect any point.
Thats just by the way, The aim of the this post is to enlighten, guard and list FEW MOST IMPORTANT STEPS TO START YOUR OWN BUSINESS, So many people have the picture on how their business will look like on their head, but lack the creativity to maneuver their idea into reality ,they lack the basic STEPS TO START THE BUSINESS, cos there are things that every business needs to do to get off the ground.
Take note: Immediate you conceived the idea of starting up your own business, Do your own personal research to have more knowledge about what you are getting into, gather enough information, materials and read about those that had succeeded on the same line of business you wanna venture into.
FEW IMPORTANT STEPS TO START-UP YOUR OWN BUSINESS
1- HAVE A GOOD BUSINESS PLAN:
In every successful business, they is and will always be a good business plan, so create a tangible and coherent business plan that includes a good roadmap of the business,the business plan needs to includes administrative depth, marketing depth, selling and how many staffs you wanna start with.
“Our goals can only be reached through the vehicle of a plan, in which we must fervently believe, and upon which we must vigorously act. There is no other route to success.”
– Pablo Picasso
The best and easiest way to have a good business plan is to conduct a market research in the area you want to establish the business.
A thorough well written, map out business plan will help you go along way in your business and will help you know if you business will stand the test of time
2- CLEARLY DEFINE YOUR BUSINESS:
If you are dealing in a home service business or a product business, you should clearly define the line of your business and focus on that line.As a starter ,dont mix up you line of business, so people will know your brand and know what your business stands for.
3- PLAN YOUR FINANCES :
it depends on how you picture the seize of your business, many people goes to the bank to loan money for this,while many sales one asset or the other to fund the business, but as a steemian, this is where you steem and sbd you v been accumulating for weeks,months and years comes into play.
4- SET UP YOUR BUSINESS:
This is the point you turn your ideas into reality, without making things wrong, you need to firstly register your business for a proper license/permit of operation, it depends on your country, if its free to start up a business with registering for license. but to me, this is a part you will not want to joke or mess with government, dont just say its free to start up a business, please consult the appropriate quarters for more knowledge.
5-KNOW YOU TARGET CUSTOMERS
This is one of the most important aspect of starting a business, as an entrepreneur, you should study and know the kind of people that will patronize you business, dont take you business to where you know your potential customers are not there.
6- CHOOSE YOUR LOCATION;
As a business tycoon, you can put everything on place to kick start your business or even start the business, but without choosing a good location, failure will definitely be your middle name, so when starting up your business, location matters and contribute to the growth and success of the business. location relate with "KNOW YOU TARGET CUSTOMER".
Cos you need to ask, how many people in where you business is located will patronize you. if you doesn't have potential customers in where your business is located. its pure failure. After analyzing different locations,choose a location that will be available for a long term and make sure your business location works for the type of business you will be doing.
7- PROMOTE YOUR BUSINESS
After you mightv started your business, the next thing is for you to promote your business, in other to attract clients and new customer and do as much as to do a proper follow up of all the old and new customer. cos no business survival without customers.
8- SET TARGET FOR YOUR BUSINESS
After all set and done, for you business to grow, you must set a target for you self and businesss. you can set a target of meeting and making of new customers daily, weekly, monthly or yearly. for the growth of your business.
There are many of the above steps, but if you stick to this few steps, you will surely make it.
You can also read this Five Legal Requirements for Starting a Small Business