How to start your small business

Before starting the project, there are several steps that must be followed before starting the project, including: 

[1] Search for the idea of ​​the project: Searching the market for the idea of ​​the project will give an answer whether there is a chance to turn this idea into a successful business or not, For customers, companies that already operate in the same domain, this information is used to find a competitive advantage of business activity. 

Writing a plan of action: The plan is the basis of work, as it is a roadmap for the individual how to organize the new business, operation and development, in addition to convince people that working with him or investment in his company is a good choice. Project financing: The plan of action helps to know the cost that an individual will need to start a project. 

If this amount is not available, it is possible to raise capital [1] or to use other financing means, including: [2] microenterprise loans. Encourage others to invest in the project. Ask for help from family and friends. Personal loan from the bank.

Choose a project name: 
Preferably choose a name that reflects the brand, and reflects the personality of the project owner as well, and will also need to make sure that the project name has not been used before. 

Project registration: 
Registration of the project means making it legal, this protects its trademark in the future. How to make the project successful There are several things that contribute to the success of the small project, including: Customer Service Focus A survey by American Express showed that 788% of consumers canceled the purchase because of poor customer service, and other studies also showed that the company compensates the client Of a single negative experience, in the sense that if the customer gets one bad experience, the company should compensate him not once but several times to ensure customer satisfaction. 
[3] Building a Good Reputation for the Project Good reputation is important to the success of any project, In a small community or in a hospitable center The majority of consumers are looking for a reputation for a product or service before shopping at any location, so building a good reputation is an important and effective factor for a successful business or project. 
[3] Publishing the project on the Internet A website must be created for the project, A special page should be created on social networking sites, as this makes the product spread rapidly. Some studies have indicated that more than 70% of consumers buy goods and services online before buying from stores in regular markets. [3]

References ^ AB "10 steps to start your business", www.sba.gov, Retrieved 7-11-2017. Edited. ↑ Glenn Curtis (1-2-2017), "Start Your Own Small Business", www.investopedia.com, Retrieved 7-11-2017. Edited. ^ AB Susan Ward (5-8-2016), "How to Make Your Small Business More Successful", www.thebalance.com, Retrieved 7-11-2017. Edited. How to start your own business

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