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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.
 
The plan process is the most pivotal part in set up a business. When not well planned the symptoms of planning failure are seen early in the business, planning is what determines the failure or the success of the business.
 
Feasibility studies should take only a month or two in most cases.If the funds are available then you can start right there and then but you can use up-to four months to organize or secure the funds.

So yes I would also agree that the range of 4 to six months will be viable for one to start the business.But then again the best way to counter act those unforeseen challenges is to ensure that you start and only then will you be able to discover the right remedies to take.
You are right about feasibility study taking up to two months but there are businesses that do take more than four months to gather up the funds required for the business startup, and also depends on how much an individual can make in one month
 
The amount needed to start business solely depends on the type of business you want to venture into. Some businesses are capital intensive. For instance, sell of recharge cards is a capital intensive business.
Yeah, you are right about that mate. Different business setups do require different factors involved in it, so how long one spend before setting up a business is how long he is able to meet up with those requirements
 
It depends on one's financial status as at the time the business idea was conceived. If you have the money to start up the business idea you have, why wait? Start by conducting a feasibility study on the business, what you gather from it will help you to start up successfully.
 
It depends on one's financial status as at the time the business idea was conceived. If you have the money to start up the business idea you have, why wait? Start by conducting a feasibility study on the business, what you gather from it will help you to start up successfully.
Yeah, I do agree totally with you. If you already have what it takes to implement the business idea, then why wait? Unless the reverse becomes the case, then you have to sort for ways to get the startup capital
 
It will depends upon what type of business you want to go into whether it a commercial or cooperate or individual. But before taking launching it you have to consider certain factors such as location, problem (which the business will solve) and other factors.
Yeah, that is right. Those factors will determine how much time you will need in order to start a business. The location, what you will be selling to
solve problems and your target audience should be your main determinants.
 
Yeah, that is right. Those factors will determine how much time you will need in order to start a business. The location, what you will be selling to
solve problems and your target audience should be your main determinants.
The population and location are vital to what must be supplied to the people, what the people's demand that has not obtained or supplied these are some quest were must ask ours selves.
 
It all depend on what kkind of bussiness you want to start. More simple and efisien the bussiness then you can start it right away. But if you start a complicated bussiness, then it will took longer..
 
I mean there's no specific time really.. just do it when you're ready and have the things you will need to start it.. aka funds and the business plan/idea
 
Yeah, that is right. Those factors will determine how much time you will need in order to start a business. The location, what you will be selling to
solve problems and your target audience should be your main determinants.
And the time interval to meet these needs do vary from person to persons or from business to businesses. So there isn't a fixed time for that, you only start a business whenever you are ready for it.
 
I mean there's no specific time really.. just do it when you're ready and have the things you will need to start it.. aka funds and the business plan/idea
Yeah, once an individual has a business idea and also has the required start up capital then I don't see the need for wasting more time to implement your idea.
 
Yeah, once an individual has a business idea and also has the required start up capital then I don't see the need for wasting more time to implement your idea.
Yep.. as long as everything is ready you don't need to waste time.. i think anyone who wants to start a business is only waiting for their starting funds to go in action
 
And the time interval to meet these needs do vary from person to persons or from business to businesses. So there isn't a fixed time for that, you only start a business whenever you are ready for it.
Yeah, it truly varies from person to person and from business to business. Depending on how much resources you have and how much time you have to plan and strategize the business.
 
Starting a business doesn't take much time it all depends on you. How urgent you are willing the start and if everything is in place in terms of capital and other resources.
 
It all boils down to the kind of business you want to start. Small scale enterprises or Large scale enterprises. And have it in mind that they government license each private business opening.
 
I don't own business offline I am simply using cryptocurrency trading to earn online, and trying to earn money sharing my opinions too on PTP sites.
 
Their is absolutely no time frame for planning. You would continue to plan until you get a desirable result. If it would take you years to plan , never essitate to use it because it would make the business stand for a very long time .
 
I don't own business offline I am simply using cryptocurrency trading to earn online, and trying to earn money sharing my opinions too on PTP sites.
I am right there with you. I really do not have an offline business, am just into crypto coin trading and also registered in a couple of paid to post sites where I earn from. Starting such business doesn't take time at all although crypto trading do require some time to get familiar with
 
Their is absolutely no time frame for planning. You would continue to plan until you get a desirable result. If it would take you years to plan , never essitate to use it because it would make the business stand for a very long time .
Yeah, planning out a business idea could last as long as it takes as you need to put so many things into consideration but when that's done then starting up a business should waste much of ones time
 
I am right there with you. I really do not have an offline business, am just into crypto coin trading and also registered in a couple of paid to post sites where I earn from. Starting such business doesn't take time at all although crypto trading do require some time to get familiar with
Yeah, cryptocurrency trading it's an option of investment for the wise, I really adorn it for long term option. I trade and even forget that I have investment there.
 

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