How to Build a Successful Business from Scratch
Doing a business that sell is not always the only requirements to be successful. There are other key factors that are required to maintain it also.
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EditSteps
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1Make a swot analysis on your capabilities, weakness, strength
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2Work out your weaknesses and turn them into your strength which you can capitalize later on.
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3Make a checklist of services/products that you can offer based on your knowledge, capabilities, time availability, strength and amount of finance available.
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4Make a quick swot analysis of each of them.
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5Pick the one that is more favourable and does provide a solution to a current market needs.
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6Know your market - consumer behaviour and pattern and how they would react upon launching of your product/services.
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7Get a business name and a strong tag line
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8Get a business location that is closest to your clients.
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9Register your business name and business website.
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10Build your business plan/ Strategic plan .
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11Start your business according to your business plan/strategic plan.
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12Do yearly update on your business plan strategies to reflect changes of the market needs and how you would tackle each of them.
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13Be honest, proactive, effective, spontaneous, friendly. Do not only sell your products/services. Do sell them keeping in mind that every client would bring you more clients if service/products is of good quality.
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