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[AudraMiller]

There are many ways you can prepare to start your own business however some of the more prominent ones is to try and shadow another business owner that you know. In this way you are able to almost act as their apprentice and learn the skills that you need to run a successful business, and at the same time it may help you in developing and honing critical thinking skills that will be able to benefit your business venture. It provides you with the opportunity to learn from teh mistake of another business. Do you think that this should be a program that allows new entrepreneurs to shadow older businesses?

 

[RaOne]

think about do some program list and learn about it step by step but first you need to have your own strategy and take your enough time

 

[Wisdom01]

That method only work for some companies ,because some companies do have agreement with the employees that they must not start their business

 

[HMMY1]

That method only work for some companies ,because some companies do have agreement with the employees that they must not start their business

If you want to start a business of your own You should start a business in which you have maximum experience So you start a business in which you have more experience And how much money you have for running your business Apart from this, you should also have a business plan.

 

[Wisdom01]

If you want to start a business of your own You should start a business in which you have maximum experience So you start a business in which you have more experience And how much money you have for running your business Apart from this, you should also have a business plan.

This is true because we all know that starting a business without experience is just like error ,the business might not work out well

 

[ELSA-ELI]

A very excellent concept that a lot of people seem not to comprehend. There is no crime to shadow other businesses or companies as long as at the end of the day you carry your brand and you do not infringe on intellectual property. At the end of the day, you likely belong in the same sector so starting something that already exists gives you an upper advantage to either likely win just like others have or even become better than starting something new.

 

[Wisdom01]

A very excellent concept that a lot of people seem not to comprehend. There is no crime to shadow other businesses or companies as long as at the end of the day you carry your brand and you do not infringe on intellectual property. At the end of the day, you likely belong in the same sector so starting something that already exists gives you an upper advantage to either likely win just like others have or even become better than starting something new.

True there are no problem ,the only problem should be when you copy the company brand then the person might be likely sued and others

 

[ELSA-ELI]

True there are no problem ,the only problem should be when you copy the company brand then the person might be likely sued and others

You should not infringe on intellectual property but rather buy copy rights owing to certain legal requests that can allow you to do that so that you can also provide that almost similar product on the market.

 

[Razor1911]

You should not infringe on intellectual property but rather buy copy rights owing to certain legal requests that can allow you to do that so that you can also provide that almost similar product on the market.

We must always have an eye on copy right products. As you have said, intellectual property and copyright are very crucial. Whenever we start any business, we must ensure that we are not using any of them so that at later stage we don't get penalized.

 

[ELSA-ELI]

We must always have an eye on copy right products. As you have said, intellectual property and copyright are very crucial. Whenever we start any business, we must ensure that we are not using any of them so that at later stage we don't get penalized.

Perfectly said i could not agree more on your point of view or rather your addition. The thing is that a good business person does not only concentrate on a good revenue generation but also looks at protecting that revenue for more years to come.

 

[Razor1911]

Perfectly said i could not agree more on your point of view or rather your addition. The thing is that a good business person does not only concentrate on a good revenue generation but also looks at protecting that revenue for more years to come.

Obviously. For any business to prosper, the growth or income of the business should be maximized and the expenditure should be minimized. And for that better management of resources is necessary so that optimum utilization can be achieved.

 

[Peace100]

You have to plan it and to know the place and the kind of business you want to do and how much it will take to start your own business

 

[Razor1911]

You have to plan it and to know the place and the kind of business you want to do and how much it will take to start your own business

Another important criteria that mostly misses is the risk to reward ration. Before commencing any business, we must know how much capital you can put on risk and what is the reward or growth expected from that investment. This will help to imcrease the profitability of the business manifold.

 

[Ridorz]

Before starting a any kind of business, you must be well prepared by making all what needed available. Knowledge, experience and you have to bear it in my that business is need great effort and patience.

 

[Razor1911]

Before starting a any kind of business, you must be well prepared by making all what needed available. Knowledge, experience and you have to bear it in my that business is need great effort and patience.

First come the knowledge . with the knowledge when you practice in real market, then you will gain experience. And such experience will enhance your skill. And with that skill you will be able to make better business.

 

[kaycee001]

How to prepare starting your own business
1 Know the in and out of the business
2 Get the capital ready either through personal savings or loans
3 get a space except if it is an online business
4 make little advert on your business
5 Have a positive mindset
6 Be ready to give your very best
7 set goals and objectives

 

[AudraMiller]

Before starting a any kind of business, you must be well prepared by making all what needed available. Knowledge, experience and you have to bear it in my that business is need great effort and patience.

The experience is the most important, because that provides you with knowledge on how to run the business that the theoretical and technical knowledge may not provide you with.

 

[Razor1911]

The experience is the most important, because that provides you with knowledge on how to run the business that the theoretical and technical knowledge may not provide you with.

Experience comes only with time. when you start your business for the first time you start with Nil experience. you only start with your knowledge, and the knowledge will grow with time and give your experience.

 

[AudraMiller]

Experience comes only with time. when you start your business for the first time you start with Nil experience. you only start with your knowledge, and the knowledge will grow with time and give your experience.

This is true. Experience is a live and learn concept that people have to go through in order to get more knowledgeable on something. What i find ironic is that to get a job you need experience, but to get experience you also need a job lol.

 

[Razor1911]

This is true. Experience is a live and learn concept that people have to go through in order to get more knowledgeable on something. What i find ironic is that to get a job you need experience, but to get experience you also need a job lol.

That is funny. To get a job yes you need experience. But there are many companies who hire fresh recruits to the companies. so anyone who has no experience then join such companies to gain experience.