Monday 10 April 2017

Starting Your Own Business Seems Daunting? Consider These Key Points

Do you think about breaking your 9 to 5 grind and start your own business but are too scared to give it a try? Caution is good, but fear is not!

Jeremy HarbourJeremy Harbour, a successful entrepreneur, who lectures all over the world on the subject of SME Mergers & Acquisitions will narrate how to overcome the fear of starting your own business. Here’s how:

  • Expend your time and effort to do the thorough research about your prospective business. Go to the public library and ask for the related books and journals. 
  • Visit every business remotely in your area. Spend some time talking to the suppliers. 
  • Plan! Write up a business plan and consider all the elements of your new business and cover every aspect including market analysis, cash flow, management structure and different sections on marketing.

“By using the three keys of extensive research, preparation, and detailed planning, you will acquire the knowledge to make an informed decision about the feasibility and survival of any new business. This will not only overcome the very rational fear you feel but also give you the self-confidence to set you started the right way, ” Jeremy Harbour says.