Essential things to remember - PowerPoint PPT Presentation

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Essential things to remember

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Here are some most important thing that you should remember before starting your business. – PowerPoint PPT presentation

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Title: Essential things to remember


1
Things to Consider
Before starting your business
2
Be clear about your why?
  • Remember, when your Why is clear your how will
    be easy. Therefore, you need to be clear about
    why you want to start your own business, going in
    it with your eyes very wide open because running
    a business is not a walk in the woods.

3
Know who your customers are
  • Before starting your business its very important
    for you to consider who is going to buy what you
    are selling. This practice will help you to make
    a good marketing strategy.

4
Check out the competition
  • Don't forget about your competitors, take time to
    visit similar styles of business and gather as
    much as the information you want. Carefully
    observe what they do well and what are their
    weaknesses. This study will give you the
    opportunity to figure out how your business
    offering is going to be different than your
    competitors.

5
Do your homework on the rules and regulations
that might affect you
  • Design your business strategy according to the
    law because you are not aware of all the
    requirements, especially things like employment,
    workplace safety and taxation, etc.

6
Get some help to develop a realistic set up budget
  • When you start a business, it is easy to get
    caught up in the excitement of owning your
    business and often translates to overestimating
    income and underestimating the costs which are
    associated with starting a business. So hire
    experts to help you with this task.

7
Do you think you are ready now?
  • If you think that you are ready to start your
    business on the Gold Coast go and check out
    several business opportunities here
  • https//www.businesses2sell.com.au/australia/qld/g
    old-coast/southport
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