Yourself a businessman - how to start a business from scratch

Yourself a businessman - how to start a business from scratch

The idea of ​​starting a business from scratch can occur to a person for various reasons. You may have been fired from your job, and, hiding around in search of a new job, you realized that it was almost impossible to find it. Either you got a low salary, coupled with other "charms": every day you are shaking in crowded vehicles, the authorities find fault, colleagues are annoying ... Or maybe you just felt the strength to do your own business and earn decent amounts, to adequately support yourself and your family.

There is a desire in any case. But there are questions, and there are many. They are plagued by vague doubts - you start your business from scratch. Let's understand the topic.

Where does business start

To become a billionaire, you need first of all luck, a significant dose of knowledge, a huge working capacity, I emphasize - HUGE, but most importantly, most importantly, you must have the billionaire mentality. The billionaire mentality is a state of mind in which you concentrate all your knowledge, all your skills,all your skills to achieve the goal. This is what will change you.

Motivational poster

So, you decided to become a businessman (businesswoman). In what area are you going to implement your ideas? What is your business idea? Trade, services, construction, agriculture? Or maybe an online business? Many find their niche in the vast expanses of the World Wide Web. The main thing is that what you are going to do should be in demand; people need to be offered only what they need.

For this, you will have to realistically assess the market for services in your region. Perhaps there are problems with passenger vehicles and you can organize a new route. Or there is not enough public kindergarten, then you can think about creating a private pre-school institution. It is hardly worth opening another hairdressing salon or bread kiosk, when they are in your area, and so at every step - you have to push your competitors with your elbows. But the flower business is always in demand - there are enough reasons to give bouquets in our life. Find your niche, as long as no one or few people filled. But that is not all.

Hand and light bulb

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There is such a term - a vision.First write for yourself the points, how you will implement your project, the stages of its implementation. Think carefully in advance, really assess your potential. We will not talk about disbelief in our strength, this is just a sober and pragmatic view of things. We are talking about specific actions for a specific purpose — to earn money. And they, as you know, love the bill (and the exact calculation, too).

Starting your business from scratch, remember that you can achieve success only if you do what you can. A good programmer can hardly take up baking pies, and an experienced shoemaker doesn’t take care of auto repairs. Although there are some nuances here. If the above-mentioned comrades have a hobby to which they give all their soul and free time, and this hobby can be profitable, then it is worth the risk. You understand that you know how to implement your idea, it’s time to draw up a business plan.

What is a business plan

When you search and ask for money for business development, you will be asked for a business plan. But it would be a mistake to think that it is needed only for this. A business plan is necessary above all for the entrepreneur himself in order to clearly understand what he is going to earn with what, when and how much.If it does not work out at the stage of writing a business plan to calculate cash flow, take risks into account, then, most likely, the business itself from scratch also fails.

Man with a marker

So, which sections should contain a business plan:

  • summary;
  • market research;
  • organizational plan;
  • production, marketing and financial plans;
  • risks and insurance.

A little more about the sections of the business plan:

  • First of all, you need to write a resume, which briefly, in one or two sentences, describe the essence of the business. You can not describe your business in one sentence - most likely, you yourself do not fully understand what you are going to do.
  • Then you need to analyze the situation on the market. It should be understood whether there is any demand for your service, what your competitors are, what the market capacity is, who your consumer is.
  • After describe how you are going to enter the existing market, what actions you are going to take in order to take a certain market share.
  • Describe the process of producing your product or service. What resources do you need, at what time, in what volume? Who will be involved in production, what equipment is needed, human resources, their qualifications?
  • How are you going to organize the sale of finished products, what volumes of sales are you going to reach and for how long? How will the logistics be organized? Consider the inevitability of providing a guarantee for your products and the need to provide warranty service.

The man starts

When you give answers to these questions, make a financial plan that will ensure the implementation of all your planned processes. It takes into account the costs of organizing, manufacturing and marketing, as well as revenues from the sale of your product. Summarizing the results in time, you will understand whether to engage in this business. And if it is, then at what point and how much you need to raise funds, and most importantly, when you can give them away.

Where to get money for your business

Your business from scratch will require an investment of money. How much - depends on the specific type of activity. But in any case, finance somewhere you need to take. Ideal - you have your own savings, albeit small, but for the start of the project is already good. If you are ready to risk your own money, then you believe in your idea and you have guarantees of success.

You can attract funds from the inner circle, friends and relatives. Of course, it is impossible for them to promise that everything will be 100% complete and the project will have a happy financial future. But if people close to you are ready to take a risk and support you, this is already half the battle. They believed in you, it means that future consumers of services must believe. Many are frightened by the prospect of remaining (in case of failure) both without money and without friends. Consider whether it is worth the risk. The choice is yours.

Now the phenomenon of business angels is gaining more and more popularity. It is useful for a potential businessman starting from scratch to know about these people. Business angels are private investors, they invest their own free money in business projects, if, of course, they are interested in them. Especially sympathetic to innovative ideas. Get in the end want a return on their investment and share in the capital. These are essentially risky people, because no one guarantees the success of the ideas they finance.

People with halos

Business angels join communities to find joint investment projects. In 2012, business angels in Ukraine invested EUR 5.1 billion in a start-up business, and venture capital funds - 1.9 billion.So, it is possible to search for the initial capital from such sponsors, the main thing is to offer a really promising idea that can attract the attention of business angels.

There are also various structures that should support novice businessmen. These may be district public councils, funds for the promotion of small and medium-sized businesses, business support centers, business lending assistance funds. You can try to contact these organizations for help. Get lucky - get a loan for business development. One of the guarantees of obtaining a certain amount is winning the competition.

Most start-ups from scratch consider it necessary to take out a loan. But, as practice shows, getting it is a daunting task. Try to interest those who decide whether or not to give you money with your offer.

The table of minuses and pros

Many failed borrowers are confused by the requirement of the bank to provide guarantors for the loan. And about a quarter of businessmen do not use loans because they need a pledge - a car or other vehicle, your real estate - a house or apartment, a commodity that your company sells.Moreover, these assets are estimated below their market value. So banks reduce their risks.

Without a competent, intelligent, convincing business plan, a loan is almost impossible to get. Another important point - the presence of a positive credit history. Who will contact the unreliable borrower?

A loan without collateral and without guarantors can only be really obtained by such businessmen whose companies have already established themselves in the market, receive a steady income, and constantly growing. But we must remember that with an unsecured loan there will be a higher interest rate.

As a rule, another of the conditions for issuing a loan by a bank will be the registration of an enterprise and the occupation of a business from scratch in the region where the financial institution works, for at least six months.

Money in a life preserver

A certain amount without collateral can be obtained when applying for a consumer loan for an individual. You will receive less money than in the case of a loan for business purposes, but it is issued quickly. You can also take an express loan for individual entrepreneurs. In this case, the deposit is also not required. And another option is an overdraft, it is issued for a short time if the borrower has a current account and the financial documentation is properly executed.

Try to understand all these subtleties! But in order to help people choose an acceptable lending method for them, it is better to use the services of a credit broker. It will protect your financial interests, but, of course, not free.

You can start your business really from scratch, with minimal financial investments - mainly on the Internet, in network marketing, as well as offering mediation services (recruiting a good construction team to the customer). Lawyers, tutors, massage therapists can also develop their business in the service sector without special costs.

Business registration

You start your business from scratch. But you are going to work legally, for this your company must be registered. This will be done in the local state administration. You submit documents, they are checked, information about a new legal or physical person is entered into the Unified State Register, and you are given an extract from there.

Handshake

The form of activity of your enterprise must be chosen in advance - FLP (individual - entrepreneur), PE (private enterprise), LLC (limited liability company).You also choose the tax system yourself. You can acquire the seal of the enterprise at your own will, it is not mandatory. But you will need a bank account to begin to fully work.

You may still have to get a license for your business (for example, if you will trade in medicines).

Open your business

Let's look at the process of creating your business from scratch on an example - hand knitting. If you yourself and your girlfriends are masters of all trades, feel free to get down to business. The fashion for knitted things does not pass, they are always relevant.

Consider the stages of building your own business:

  • Examine market demand, think over the model range: hats, berets, shawls, jumpers, suits, etc.
  • Registration of a business project. Consider that in financial terms you will have to rely on yourself, it is unlikely that you will be able to get a loan from a bank (this business is considered unprofitable).

Attributes of atelier

  • Room rental. In your studio samples of products will be shown, transactions with clients will be carried out. Ample room with an area of ​​20-25 m2.
  • Advertising campaign. Use all possible means: online advertising (with the prospect of creating your own online store), business cards, a beautiful sign on the studio and product samples on the shop window.
  • Staff recruitment. Work knitters will be at home, but who you hire, depends on your choice. At first, this may be one assistant, and as your business expands, invite a few more craftswomen. Of course, those who know how to knit are really beautiful and high-quality things.
  • Buying the necessary materials. Wool is of different quality. Before you buy it in batches, you need to test different samples. Do not forget about the variety of color shades of raw materials. Knitting will also require a mass of hooks and knitting needles of all sizes.

What costs are coming? They will consist of payment for registration of the enterprise, taxes, rental of premises, expenses for the purchase of equipment, materials, costs for advertising services, communications, and staff salaries.

Tips experienced

A few recommendations from people who have achieved success, those who just have to build their business from scratch:

  • You should be able to clearly and convincingly explain to people why they need your product or service. Interesting supply creates demand.
  • Go around competitors - offer something better or just unique. Perhaps more favorable prices, exclusive design, special comfort and the like.
  • Get ready to work 24 hours a day.Figuratively, of course, but who will give the case with such passion, if not you. This is your brainchild and source of future wealth.

Woman and man at the table

  • Clearly formulate a goal - to return financial investments and start earning more than spending on current expenses.
  • Do not let the lack of funds scare you at first - but this will stimulate creativity, the search for creative solutions.
  • Try to involve in business as partners young, energetic, ambitious assistants. They will be rewarded with the promised profit share.
  • Office rent can be postponed - use as long as your home, cafe, business incubator.
  • Split your ambitious plans to conquer the market into small, but specific stages. One of the now successful businessmen, starting the implementation of toothpaste, he went to small pharmacies and personally agitated buyers. And then his goods caught the attention of large retail chains.

And most importantly - believe in your success! Real steps to develop a business from scratch, market research, marketing moves, active advertising, excellent quality of a product or service - of course, this cannot be done without. But your confidence and desire to be wealthy and successful are able to move mountains. Dare!

Breeding quail.

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  • Yourself a businessman - how to start a business from scratch

    Yourself a businessman - how to start a business from scratch

    Yourself a businessman - how to start a business from scratch

    Yourself a businessman - how to start a business from scratch

    Yourself a businessman - how to start a business from scratch

    Yourself a businessman - how to start a business from scratch

    Yourself a businessman - how to start a business from scratch

    Yourself a businessman - how to start a business from scratch

    Yourself a businessman - how to start a business from scratch

    Yourself a businessman - how to start a business from scratch

    Yourself a businessman - how to start a business from scratch Yourself a businessman - how to start a business from scratch Yourself a businessman - how to start a business from scratch Yourself a businessman - how to start a business from scratch Yourself a businessman - how to start a business from scratch Yourself a businessman - how to start a business from scratch Yourself a businessman - how to start a business from scratch Yourself a businessman - how to start a business from scratch Yourself a businessman - how to start a business from scratch Yourself a businessman - how to start a business from scratch Yourself a businessman - how to start a business from scratch Yourself a businessman - how to start a business from scratch Yourself a businessman - how to start a business from scratch Yourself a businessman - how to start a business from scratch Yourself a businessman - how to start a business from scratch