Hey everyone
welcome back to our channel...
If you're sitting at your table, daydreaming about starting your own business, then this
is the right video for you.
because in this video i'm gonna show you seven most important steps to do this.
You already know that launching a business process require tons of hardwork.
And this video will help you to reduce that work by giving you step by step
process.
Here comes the first step
1.Deciding what business to start :
I know this seem obvious if you have already made the decision but there are so many people
out there who wanted to start business but maybe confused
with what to start? and where to begin? you can't move forward if you have not yet
done with this, so take up one business you're intrested in and start doing.
Step 2 - Write a Business plan:
Don't worry, because this doesn't have to be 100 pages or 200 pages document describing
everything about your business plan or future plan it doesn't need
to be as hard as that, it can be super simple you can make business plan
that is short as one page or more than two pages that is enough and it will give you
more clarity about what you are trying to do...
Step 3 - Register your business:
You have to register your business name, logo and so on.
Then you have to complete the legal framework for your business.
Legally registering your business can save you from a lot of headaches and financial
troubles.
you can contact a legal expert for your business to have the right information and build your
legal framework.
step 4 - Build a team:
Most enterpreneur work alone in developing or launching their ideas, but starting and
growing a business requires a lot more works, not every people have the
ability to cover all the required bases.
And many dont realize that building a team is
critical which is why i split it down into simple steps:
*The first step is to assemble peope who are interested and able to work as a team.
*Find people who share your vision and have confidence in you and,
*Each teammate must be determined to bring their best.
step 5 - Validate your Business idea:
This is a mistake so many new enterpreneur make when they are trying to start a business.
They have business idea, they write a business plan and they dont even know yet for sure,
they might be building a business that people aren't interested in.
i mean you probably wouldn't go invest money into
some random business and you have no idea if its going to be successful.
i dont want you to do this, i want you take the steps
to validate your business plan.
This process involves research methodology to convince business investors that your idea
is worthy to invest.
And you must conduct investors interviews and website usage test to figure out whether
the market is interested in offering And i will give you the overview of validating
your plan below, *asking open ended questions [avoid collecting
biased responses] *Test sales [consider trade fairs]
*social media surveys [focus on asking the right thing in right way]
and make sure you have following and website to support your test.
step 6 - Financing your business:
so you all know it costs money to start a business right?!
but dont have enough money to start, Request to a business loan.
To increase your chances you must have clear business plan, expense sheet and projections
for the first two or three years these things will give you an idea how much
you will need to ask for and will help the bank know they are making right choice
by giving a loan.
step 7 - Create a Website & Social media pages for your business:
If you are going to start a business then you must have to create a website, because
it helps you to build your business easier.
Your website is the most important digital asset for Your business.
website is the first place people go to learn about your products or services
and find information about your business.
You can double your business if you have a great online presence.
Social media platforms allows you to share your content quickly and easily to a large
number of potential customers at little to no cost.
social media pages has a huge opportunity to be a brand awareness and sales tool for
your business.
so, these are the steps to start your own business.
If you found this video useful, then like, share, and subscribe to this channel to get
further videos.
And thanks for watching...