How to start a business | 16 tips to start and run new business

How to start a business
πŸ”΅πŸ”΅ Starting a business is a tough task and if You are new to business then it's more tough....

But in this post we will discuss about how to start a business and run it profitable..... So let's get started....


◼◼Guides to start a business:-


1.) Before starting a business , it's important to check that the business I wanna start is in demand or not or do research in your area....


2.) Customers are God for any type of business , as without customers no business can run properly.


So try to give as much love , respect and quality products to our customer....as they are our building pillars of new business..


3.) Make your profit/loss calculations : 


 Before starting a business , it's important to do proper calculation that how much I will earn , how much will be the operating cost , how to reach people


Or what a worst thing can happen , this will help to make your business plan..... 


4.) Always make a money repayment plan :


 If you will take loan for establishing your business then you should make a money repayment plan , so that your business runs smoothly.....

5.) Reduce your setupping or opening cost : 


 Start with less is the best strategy for opening a new business and as demand increase , increase your operating Cost , this thing will prevent you from product expiration......


6.) Choose Your business name and place : 


 Always try to keep a good and short name , which suites your business and try to open Your business in that area where there is demand or You can increase demand there.....


7.) Open Your own website :-


Open your own website and give a brief description about your business profile in Google Maps . 

This will attract new comer in your city or people who doesn't know about Your business.....



Ways to start a business
8.) Register your business : 

 If you are starting a manufacturing or any other business , then you have to register your business to your state or central govt.  and get your business id....


So that your customers can trust you and your products easily....


9.) Reach Your relatives and known people : 


 Try to reach your friends , relatives , known people etc. in your city where you are opening new business...


So that when you starts to sell your products , you can get initial demand easily.....


10.) Quality product with lower price than your competitors :


 If you are going in a competition business , your product price should be less and quality should be better than them , 


So that in starting you can easily grab attention of new customers.....


11.) Advertise : 


If you are opening a daily need product business which requires customers to carry a bag with them...


You can give your own reusable bag with your business profile on it , so that when other people see this bag , will also get attention to your products .....


Advertisment depends on business type and how advertisement is done.....


12.) Keep an eye on your workers : 


 If you are opening any business which requires workers then you have to hire responsible and worthy workers...


 Who treats your business as their own business and I have to give my very best.....


13.) Give samples : 


 If you are opening a daily need product shop like spice , food , etc.. then try to give samples of your product to people...


So when they use your sample products , they will definitely come back to buy your products ....




14.) Give schemes : 


 If any costumer buys product in bulk or in during festive seasons when demand increase , you can give discount to your customers ...


So that your daily customers will be happy and many other new customers will also buy your products.....


15.)  
Review from your customer :

 Ask your daily customers about how my product is , is it meeting your quality needs , and also told your customer to help me join other new customers ....


16.) Reinvest your profit : 


Try to reinvest your profit in your business so that your business money needs can be meet for upgradation or any other works ...


No need to get extra loans....


πŸ’ πŸ’  Summary : Running a business requires customer acceptance and our hard work . 


Always see your customer as God as customer acceptance is our profit......πŸ”΅πŸ”΅πŸ”΅

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