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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.

EditSteps

  1. 1
    Make a swot analysis on your capabilities, weakness, strength
  2. 2
    Work out your weaknesses and turn them into your strength which you can capitalize later on.
  3. 3
    Make a checklist of services/products that you can offer based on your knowledge, capabilities, time availability, strength and amount of finance available.
  4. 4
    Make a quick swot analysis of each of them.
  5. 5
    Pick the one that is more favourable and does provide a solution to a current market needs.
  6. 6
    Know your market - consumer behaviour and pattern and how they would react upon launching of your product/services.
  7. 7
    Get a business name and a strong tag line
  8. 8
    Get a business location that is closest to your clients.
  9. 9
    Register your business name and business website.
  10. 10
    Build your business plan/ Strategic plan .
  11. 11
    Start your business according to your business plan/strategic plan.
  12. 12
    Do yearly update on your business plan strategies to reflect changes of the market needs and how you would tackle each of them.
  13. 13
    Be 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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Categories: Stub | Business

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