Understand the Basics of Launching a Startup

1
Understand the Basics of Launching a Startup
Web Development Company
2
What its Like to be an Entrepreneur?

• Someone who has never done any business can think
  of business as an intimidating task, but in
  reality, it requires planning, hard work, and
  money to take it off the ground once its off
  the ground, each day will be a hustle to keep it
  going. Thus, in the next segment, youll get
  familiar with the fundamentals of launching a
  business.

3
(No Transcript)
4
1. Make a Realistic Plan

• Some of your business ideas can be good but
  understand whether they can make you profit or
  not? If not, then leave it.
• For better understanding, do market research and
  trust more on the numbers, and your business plan
  must cater to at least the upcoming five years.
  Otherwise, there is no point.

5
(No Transcript)
6
2. Secure Funding

• Youll need capital to move your startup off the
  ground, and even zero investment startups will
  cost you at least 10 000. So, secure your
  funding by identifying different sources
  approaching investors. Still, if youre funding
  your own company, then compulsorily ensure that
  you have regular cash flow because most startups
  fail due to irregular cash flow.

7
(No Transcript)
8
3. Mark a Digital Presence

• Since you have a physical address of the company,
  what about digital presence.
• Now, its mandatory to have an online presence,
  so build a website and a mobile application by
  approaching a web development company. Besides
  creating the website, the company will also be
  responsible for designing, solving the
  technicalities, and updating and maintaining the
  site.

9
(No Transcript)
10
4. Identify your Target Audience

• Every business has a specific target market, so
  before launching your startup, recognize your
  target audience there can be three basic steps
  for that such as
• Make market research the demand for your
  products/ services in the current and upcoming
  five years.
• Analyze your customer base research what gender
  and age group will make your majority audience.
  For example, if you plan to build a food delivery
  service, your significant customers will be
  office people and students. Thus, work according
  to that.
• Observe your competition keep an eye on your
  competitors especially those who are already
  big names in the industry. However, please dont
  copy them. Instead, learn from their mistakes and
  try not to repeat them in your business.

11
(No Transcript)
12
5. Invest in Marketing

• You might be offering the worlds best products/
  Services, but what is the point if its not
  reaching your customer.
• Thus, invest a significant proportion of your
  funds in marketing but remember, the marketing
  approach should complement your target audience.
  For example, if youre catering to youth, your
  primary focus must be digital marketing but be an
  active marketer in traditional marketing
  channels.

13
(No Transcript)
14
6. Build a Customer Base

• Imagine youll sell 1000 pieces of your clothes
  on launching the startup.
• In dreams only, the sales will rise when you make
  a practical customer base, and you have already
  built the foundation by building the website.
  Also, to hold the customer, you need to provide
  excellent customer service, or else the customers
  will go away.

15
Contact UsOur Office Location (India, UK, USA)

• Noida India (Research Head Office)
• A Block, Sector 63, Noida, Uttar Pradesh, India,
  201307
• 91- 971 162 1550
• Email Us- info_at_aresourcepool.com
• Website- https//aresourcepool.com

16

• THANK YOU