Can open the business today practically any. But success in this field is guaranteed to nobody. Besides courage and a business grasp, the successful businessman has to own the necessary volume of information correctly to organize the activity. So, if you want to begin small business, you have to understand what put this hard. Be ready that there will be many work, besides, certain financial investments will be required. Their size will depend on in what sphere you decide to start the business. Funds for tenancy, paperwork, consultations of experts (if you, for example, decide to resort to services of the lawyer or accountant), hiring of workers, etc. can be necessary for you.
Where to take the starting capital?
If you resolved: I want to start small business, and a point, but your financial opportunities of it do not allow, you can take the credit to start small business.
Many banks provide similar services now. The credits for opening of small business medium-term, are given on average for three-five years. However usually such credits are issued on the security of property or under the guarantee of other businessmen. Thus banks want to insure themselves from the enterprise risks connected with insolvency of the borrower. To receive the spartap-credit (the credit for business opening), it is necessary to provide the detailed business plan of development of your business in bank. Chances to obtain the credit directly depend on his literacy and clearness.
What small business it is better to begin?
To be defined what business you want to begin, think what is pleasant to you and what you understand. These two conditions have to be met at the same time. You should not start the business connected with area which you understand nothing whatever good idea dawned on you. The idea of the beginning of your small business has to interest, inspire you on labor feats that you wanted to work and try to obtain progress.
When developing the idea of the beginning of small business, there are two ways: to think up something new, original, or to use the scheme which is already existing, checked in operation. To solve to you. The main thing that as a result your product had an advantage distinguishing it from competitors.
The following criterion of the good business idea – its profitability. Properly count everything. Make sure that business revenues will exceed its expenses, otherwise such activity it will not be simple to make sense. Determine cost of production, constant expenses in this business are how high (the salary the worker, rent the room, etc.) are your expenses. Find out level of demand on a product which you are going to make, and its average price – it will give you an idea of the estimated level of income. Estimate the competitive environment. Perhaps, the market and without you is oversaturated by goods / services of this sort?
When at you the idea of the beginning of small business ripens, give it accurate lines in the form of the business plan. Now it is possible to begin paperwork. Registration procedure of the enterprise takes a lot of time therefore it is better to collect all necessary documents in advance, otherwise process of registration can be dragged out for infinitely long term.
By the way, to begin small business, it is not obligatory to create everything from scratch. It is possible just to redeem already existing company. However in this case it is necessary to be very attentive and careful: be convinced that the bought firm has a good reputation among consumers and also carefully check whether you will get together with firm and debts of its former owners.