Thursday, January 22, 2009

Simple things to consider when starting a business

What do you have to consider when starting a business.

1) How much time will you give to make the business moving?
2) How much money are you willing to lose for this business?
3) How and when can I recover my investment?

Doing business will mean sacrificing many things especially time and money. Many business fail because the "HOPE" that by giving more time and pumping more money, the business can be made successful. Reality does not necessarily be so.

Monday, December 29, 2008

3 simple steps to start a business

What are the 3 simple steps to business?

1) You need to have your seed capital to start a business. In short, no money no talk.
2) You need to have your product to offer to your market.
3) You need to know who your targeted customers are.