There are still many beginners in building a confused business looking for a way to start a business. It’s great if a big intention already exists in an individual, but intention alone is not enough. In doing business it takes a little insight or theory to start or do it.
Not only preparing capital and knowing what business will be, there are other things that need to be prepared to start a business. Especially if you start from scratch or have no previous experience. How to start a business you should know step by step.
The following are the business start-up procedures that you can follow. Not just a way for your business to stand, but stages that can make your business potentially successful. Check out the following.
- Ensuring Established Businesses
The earliest and most basic question, what business will you start? If it is clear what business it is then the next point will be easier to do. You have to be able to ascertain what pa business you are going to run.
Whether it’s a culinary business, clothing business, tutoring business, or any other business. The business that you will start does not necessarily have to be in accordance with the field or knowledge that you are diligent in. It would be great if it suits the experience in your life. Because that way you know better what you have to do is also more able to find a solution if there are problems.
Determination of what business you run can be adjusted to the existing budget. If the franchise business is what you want it means you have to adjust your capital to the franchise price.
Big business, need a location, the business space must be large, there must be a lot of workers, meaning the capital must be large.
- Define your Vision or Business Mission
The way to start your next business is to make sure what vision and mission you have to offer or will apply to your business. This is important to do so that you understand exactly what your business is advantaged by compared to other people’s businesses.
With this, you also better understand what to say if someone asks what your business advantages are. The existence of vision and mission also makes it easier for you to do marketing or promotion later.
- Conducting a Survey
Before realizing the business you want, do not forget to conduct a survey. There are several survey indicators that you should do. Among them are location surveys, consumer surveys, price surveys, and others.
By conducting a price survey you can find out what price your competitors offer in the same product or service. Then consider whether you will offer your product at the same price, cheaper, or more expensive.
Consumer surveys are conducted so that you better understand who your consumers are and what they want. This will tell you also whether your market is the lower middle class or the upper middle class. Survey your location to determine where you run your business. It can be a business room, a show room, a factory, and so on.
- Preparing Capital
Maybe previously you’ve crosschecked between the capital you have and the business you’re going to run. Why is this discussed again at this point?
The reason is that you have to prepare the capital perfectly, procure physical money, prepare money ready for transactions, and more. This is even more true if in the first point you only do an estimate of how much you can deploy only.
- Starting a Business
Once you’ve done the points before, starting the business itself is the next way. Starting this business can be done by contacting the owner or seller of the location based on the location survey you have done.
Then you can buy any item used to make your business products. Other tools to support business activities can also be prepared immediately.
- Record all Expenses when Starting a Business and when Your Business is Running
Once your business is running, the next step is to do development in your business. Set sustainable strategies for better business. For the basis of a decision return you can use financial statements or records of transactions that have occurred during a certain time.
It’s a good idea to also record all your assets and expenses when you start your business. If you’re having trouble, you can use simple notes to create simple financial statements. You can also use accounting software such as Accurate Online for bookkeeping, transaction and stock recording, as well as making financial statements easily and quickly.
Accurate Online is a cloud-based acute software that has the most complete features in Indonesia. Starting from sales, purchasing, inventory, taxation, payroll, assets, up to 200 types of financial statements that will be presented automatically to make your business easier.