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❓ASK How much time does it take to start a business?

AudraMiller

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When you start a business there is a time period between having the idea and then actually being able to implement the idea. It is very rare that you are able to see someone that has an idea and can immediately begin with the business within the next few days. How long do you think is a sufficient time frame that you should be doing research on a business idea before starting to take it into reality? Typically my opinion would be around four to six month to ensure in depth research over a sufficient time frame.
 
There is not an agreed amount of time that you should wait for before starting your business but it is always advisable that you should take as much time as you need in your research and your planning. This is so that you can be able to make the most of the opportunity and you will not be able to leave any department behind.
 
For sure i don't mean the time of start up period , the start up period should be in average of 3 month to on year maximum because as you said if that period more than year that will effect .
Exactly. and when you start a business you always have a plan and quotes on teh prices that you will incur in that start up and if you take too long of a time in order to do this then it will be very hard for you as well because those prices will no longer be valid as a result of inflation and that will make it even harder.
 
Starting a business involves many processes and these processes must be given enough time for proper planning. Starting a business could take up to up to year or more, it largely depends on the type of business you want to establish. Long term business and partnerships usually take long time before arriving at the final stage because they must be well structured.
 
I don't think there is a given time in opening a business but all I can say is that it depends on the type of business you are applying on though some business you have to learn before opening so that you will not be a failure tomorrow some businesses if you have experience over it you can open it today you can still open it tomorrow but there are some which can last weeks or months before opening.
 
Starting a business involves many processes and these processes must be given enough time for proper planning. Starting a business could take up to up to year or more, it largely depends on the type of business you want to establish. Long term business and partnerships usually take long time before arriving at the final stage because they must be well structured.
There's no set period of time when it comes to starting a business because it will all depend on the type of business that you are looking to get involved in and also the scale of the business that you are looking at because if you are looking at a very small business it will be much easier to start then a large retail chain outlet.
 
There's no fixed amount required to start up a business and no fixed idea all you have to do is to develop yourself bring up an idea then prioritise your business plan if it is a plan that requires so much money you can break down that plan from macro to micro business plan all you have to do is to start from somewhere and I don't believe that invoking too much money at the initial point of business is a guarantee for success in the business
 
Capital and idea is really not enough to instigate you to start a business or Investment.
Mental strength and exposure is the standard criteria that should determine when you should run a business because they will definitely put you on track especially when the business encounter challenges.
Lastly avoid using loan for your business.
 
The duration of time it takes to start a business is highly dependent on the type of business you hope to venture. Also, it depends on your level of competence or readiness to start the business. It could also depend on the available resources on ground or some legal binding that you have to finalize. Ultimately, it depends on either it's a small or large scale business.
 
I think the time required for you to start up a business depends on the nature of the business-to-business require so much time for some areas survey and some location research some require you to think critically before started off that particular business so it is important to know that it is the nature of the business you want to start that requires time to think what can actually problem such time can beat capital idea and sometimes registration when it comes to offline business
 
The amount of money you needed in starting a business varies depending on the actual type of business you are trying to start , for example the amount of money you need in starting a barbing saloon business is quite different from the money needed to start a provision business.
 
It doesn't take much time to start a business and it also takes time to start a business it really depends if you have carried out all the market survey, seek for advice from professional go for feasibility study and so on and most importantly if there's capital without capital then the business idea is meaningless.
 
It's very important to take long Time between the Idea and starting business .

In this Time it's very favorable to work in companies that have the same Idea ore similar Idea .

Working hard will give you experience and will show you the obstacles and difficulties .

Money IS not all you need to succes .
 
There are a lot of factors to take into account. But first and foremost, it depends on the type of business you want to venture into. Some businesses are easier to establish than others.
Figure out what your business is, then draw up a business plan and go from there.
 
This is practically dependent on how much experience that the potential business owner has before thinking about starting that particular business. If you are completely new and do not know anything about business it will be very difficult for you to ever make it to the top of your business at all. It also depends on how much time you gave to learning, as lack of knowledge would always delaying your growth in business.
 
You can take as much time to survey depending on the technicality of the business
The business that you are getting into will determine how long the survey period need to be however I think that if you are able to conduct the survey in as little time as possible then it is probably going to not reflect a very large population and this will affect the profitability of the business moving forward.
 
It would take so many efforts to start up a business in this part of the world. You will need to invest some capital to start a business and you are expected to make some gains. The most important thing is to ensure that the capital is enough.
It is very important to make sure that you have the right amount of money in order to invest in a business opportunity because that is the one thing that is generally holding people back from creating their own business because they do not have the necessary financial infrastructure in order to do so.
 
Sometimes though the amount of time would really depend on your location of your business and the type of your business as some business have little time to be set-up than others.
Like a regular fruit stand business is faster to set-up than a bike repair shop and parts business, kinda really depends on the type of business that you are aiming for
 
Personally I don't think there is a specific time to start a business, I feel business should kick off when you are mentally capable and you have the idea to maintain the business consistently.
In a nutshell, just have exposure, experience and funds to run the business as well as connection.
 
To determine the duration of time you need to start a business can just be determined by just a job or mere saying or even just by a person. To determine this it's depend on the type of business involve, what it's entails, what needs to be done and how you want it to be all these and more will determine the duration of time needed
 
Hmmm there are things that will determine the time Factor between the point of having the idea of the business and the point of establishing and one of the most important factors is availability of capital, when there is money people are more likely to engage in their dream business more .. for me as long as I am very sure of my business idea with money in my hand just start immediately.
 

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