- 1
Define it. Make sure you clearly and as specifically as possible define the concept for your business. Make sure you know how to give an elevator pitch for your business, or can easily articulate your business in 30 seconds or less. - 2). Garner support. Nowadays, there are plenty of resources to help you get your business off the ground. Use resources such as other small businesses, vendors, professionals, government agencies, employees, trade associations and trade shows. Get involved and ask questions. Don't be afraid to ask for help--businesses are multi-faceted and you can be expected to be perfect at all aspects of running a business.
- 3
Get analytical. Organize a competitive analysis of your particular market. This should include products, prices, promotions, advertising, distribution, service and quality. Look to others in similar industries and study their business models. - 4). Examine yourself. Most important is to understand your motives for wanting to start a business. If you're not sure you can hack it all--long hours, unfamiliar processes--assess how viable it is to make the move. You may just need more time to research running your own business, or may want to start doing it on the side as you build clientele.
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