Monday, March 22, 2010

Starting a Business; First Step:

When looking to start a business there is an important question to ask; not 'How', but 'Why'.

So many people get focused on “How am I going to start?” This can be a very overwhelming thought and it may distract you from the ultimate goal which you are attempting to achieve.  A much better question is: “Why am I starting a business?”

If there is a strong, emphatic answer to this question, the ‘how’ will soon sort itself out.

The first step is to prepare your Business Plan:

• This will ensure you stay focused along the journey
• It will clarify your goals, and act as a measurement for performance
• It will be a guide for members of your staff
• It will help with building successful business relationships

So when preparing your actual plan be flexible, as situations and ideas are bound to change, and you will need to adapt with them. Make sure that you discover whether an idea will work or not during this preparational phase. It will be much more costly if you have to make changes later on in your venture.
written by Rory

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