Questions you Need to Ask Yourself Before Starting a Business

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Questions you Need to Ask Yourself Before Starting a Business

Here is a look at 5 questions that you should ask yourself before you start a business.

start a business

mamiverse.com

Have I Set Goals and What is My Plan to Reach Them?

When you start a business you need to have a clear idea of where you want to go and how you will get there.

An important step is to set goals that set out what it is that you want to accomplish in the short term as well as in the long term.

Once you have set out your goals you need to ensure that you have a plan for the business that will get you there.

Can I Follow my Plan Without Breaking any Laws or Regulations?

When you start a business you need to take into consideration the number of legalities. You need to explore the structure of your business, registering the business name, getting the licenses and permits and planning the business taxes.

What are the Financial Implications of Starting a Business?

When you start a business, money will be the major concern. You can finance your business by starting it on the side whilst you still work full time, work part tie until your business is established, waiting to start your business until you have saved enough and to borrow funds that will bridge the gap.

Do I Have a Support Network?

Even if you plan to be the sole proprietor you can benefit from having an external support system that will help you to stay on track. Your support network can include friends, family, colleagues, mentors and anyone else that will help you to navigate your new venture.

Do I Have What it Takes to Own a Business?

In order to be a business owner you will need a certain mix of personality and small business character traits. Some entrepreneur traits include passion, self-discipline, drive and dedication.

 

 

Sureswipe

Sureswipe

SureSwipe is a provider of credit and debit card swipe machine services in South Africa. We offer your business unmatched personalised service and competitive rates.
Sureswipe
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Questions you Need to Ask Yourself Before Starting a Business

business October 23rd, 2015
Facebooktwitteryoutubetumblrmail

Questions you Need to Ask Yourself Before Starting a Business

Here is a look at 5 questions that you should ask yourself before you start a business.

start a business

mamiverse.com

Have I Set Goals and What is My Plan to Reach Them?

When you start a business you need to have a clear idea of where you want to go and how you will get there.

An important step is to set goals that set out what it is that you want to accomplish in the short term as well as in the long term.

Once you have set out your goals you need to ensure that you have a plan for the business that will get you there.

Can I Follow my Plan Without Breaking any Laws or Regulations?

When you start a business you need to take into consideration the number of legalities. You need to explore the structure of your business, registering the business name, getting the licenses and permits and planning the business taxes.

What are the Financial Implications of Starting a Business?

When you start a business, money will be the major concern. You can finance your business by starting it on the side whilst you still work full time, work part tie until your business is established, waiting to start your business until you have saved enough and to borrow funds that will bridge the gap.

Do I Have a Support Network?

Even if you plan to be the sole proprietor you can benefit from having an external support system that will help you to stay on track. Your support network can include friends, family, colleagues, mentors and anyone else that will help you to navigate your new venture.

Do I Have What it Takes to Own a Business?

In order to be a business owner you will need a certain mix of personality and small business character traits. Some entrepreneur traits include passion, self-discipline, drive and dedication.

 

 

Sureswipe

Sureswipe

SureSwipe is a provider of credit and debit card swipe machine services in South Africa. We offer your business unmatched personalised service and competitive rates.
Sureswipe
By
@
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