How to make your own small business
Video: HOW TO START A SMALL BUSINESS DURING QUARANTINE! 2024, July
Almost every one of us at least once thought about creating our own business. Of course, it will not be possible to create a large organization with minimal or no investment, but do not forget about the prospects of small business. Small business is both a way to earn money, and a way to self-realization, and doing what you love. The first steps to creating your own business will be an idea and a business plan.
Instruction manual
1
Small business is your chance to do what you like for a long time. Surely the products of your labor will be in demand. If you know how to design clothes and sew them, then an atelier shop for evening dresses will be a great idea for your business. Even seemingly unpopular goods or services may be in demand - with the right choice of target audience and their presentation.
2
Having decided on the idea, you can outline the main steps to create a business. They will help you build a complete picture of what you may need to create a business, as well as approximately calculate the costs. To create such a small step-by-step plan, you should ask yourself the following questions:
1. Do I need a room?
2. Do you need equipment, and if so, which one?
3. Do you need staff?
4. Do you need suppliers of products, raw materials, etc.?
5. who needs your products (your services), how will you sell products (provide services), how to promote them?
If we look at the example of creating an atelier shop for tailoring evening dresses, we can assume that the organizer of such a business at first would only need equipment - a sewing machine, registration as an individual entrepreneur and advertising. The rest may be needed only in the process of business development. Fabrics and materials will be purchased at the customer’s expense and in agreement with him. Therefore, the main costs will be a sewing machine (up to 15, 000 rubles), registration (a state duty of 800 rubles is paid for it) and advertising (depends on the capabilities of the business creator).
3
After an approximate cost calculation, you need to decide where you can get money for the business. A small amount like the one described in the example, most likely, everyone has. Larger amounts can be borrowed from friends or attract investors. Bank loans for starting a business are rarely granted. If you intend to attract a third-party investor, then you will need to write a detailed business plan. However, it is needed in any case, since it will help you analyze the market for goods or services similar to what you intend to sell or, accordingly, provide. Do not underestimate the importance of a business plan - this is the most important document that will serve to organize your business, and not just to attract investors.
4
A business plan consists of the following elements:
1. summary. It contains findings throughout the business plan.
2. The essence of the business.
3. market analysis of goods or services similar to yours.
4. plan for the production of goods (service plan).
5. staff.
6. necessary costs.
7. project payback.
