Steps required to open your own business


Opening your own business can be an opportunity for you to make money. If you are interested in opening your own business, Salary will provide tips on the steps that must be done before opening your own business.
Today, many people are getting harder to get a job, especially for people who do not have special skills. Opening your own business can be an opportunity for you to make money.
It can not be denied, the business itself sounds very tempted, a boss for yourself, work time can be more flexible, and the benefits gained if the business is a big success. However, the risk faced was much greater than being a company employee.
If you are interested in opening your own business, salary will provide tips on the steps that must be done before opening your own business.


a. Analyze related business types
You should make sure that the business you are establishing is the type of business you are interested in. It will be better if supported by your expertise and experience in the type of business. Perform Break Event Point analysis to determine the potential that exists in your business type. After that describe your business plan in detail (Sales forecast, cash flow analysis, etc). After that set up a marketing plan that you will do to market your business.


b. Plan your Business by crafting the appropriate concepts
If you are looking for outside funding, a business plan proposal is a necessity. If you are going to finance the business itself, the business plan will also help you figure out how much money you will need to get started, what needs to be done when, and where you are headed.

c. Prepare Capital
Capital is an important factor in starting your own business. Many people want to start a business, but do not have the capital so it does not work. Capital can be generated from: own capital from the results of saving, seeking capital from investors, or lending money from banks, and partnership system. In addition to the initial capital, you must also have a minimum of three months of your family budget in the bank
You can also start a business without capital by becoming a reseller (reseller) of a product or item.


d. Make your business a legitimate and legally recognized business
Define the legal structure for your business Choose a good name for your business Register your business name to the Directorate General of IPR as an official and legal trademark in the eyes of the law Prepare the documents of the organization Maintain business licensing letters, such as Company Establishment Deed, Company Name, Right on behalf of company, Acknowledgment and authentication


e. Expand your Networking
Networking can be the foundation for your business continuity. You can join communities related to your type of business. This you can do before you start your own business, so that when you start marketing your products / services you offer, you already have extensive networking.



Hopefully tips from salary this can provide enlightenment for you who want to start your own business. Good luck, good luck!

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