Business

How to start a business?


Today, people are increasingly thinking about how to start a business. This can contribute to the low level of wages in the country, unemployment, and an unstable economic situation. But besides negative reasons, there are positive ones. When a person thinks about starting his own business in order to be realized in life, become successful and financially free, try himself as an entrepreneur.
Suppose you have a great desire and strong motivation, but you do not know where to start, therefore, strictly speaking, postponing such an important step for later. But in order to start a business you do not need to wait for a certain point when awareness comes to you, you just need to follow a few rules and recommendations.

Select a niche.


First, you need to decide in which area of ​​business you would like to try yourself as an entrepreneur. Think about what you are well versed in, what you can do. You should not choose the niche in which you do not focus at all, but as you think, this is a promising and profitable area. This is not the main criterion, which should be oriented when choosing a niche for your business. The most profitable and fast-growing business will be the thing in which you feel like "fish in water".
Make a list of your skills, and already relying on it, proceed to the selection of a niche. Cross out from this list those classes that you get the least pleasure from and whose development is the least promising. Also consider options for marketing products or services and your financial investment opportunities. Carefully work with this list, and you will have one correct option that meets all your requirements.

Benefits.


If you are seriously thinking about how to start your business, then you should know the face of their competitors. Think about what your product or service can be useful for the consumer? What are the advantages of your product or service over competitors. If you can identify 3-5 advantages, then you can surely say that it’s worth it and it makes sense to move on. The board: when you describe the benefits of your product, rely on such components as quality, price, possibility and cost of delivery, convenience, communication with the consumer.

Business plan.


A compulsory and important step in starting your own business is to develop a business plan. The business plan should include all information about the future of the enterprise, its activities, the number of employees and the organization of labor in the enterprise, financial capabilities, prospects and possible force majeure. This is the most important document at the initial stage, especially if you are planning to attract investors. If you have never come up with a business plan, then it makes sense to entrust this business to knowledgeable and able people for a fee.

Legal moments.


Carefully study the tax system, calculate everything, consult with lawyers. Also pay attention to various benefits and incentives from the state for beginner businessmen. And one more important point, if you decide to start your business, be sure to officially register SP or LLC. You do not need to hide from the state and pay taxes, you will only be more expensive.
Registration of IP and LLC is very similar, the algorithm looks like this:
  • Collect documents for registration with government agencies;
  • Payment of state duty. For LLC it is also necessary to determine the share capital and notarize the application;
  • Take the documents to the tax office;
  • Collect documents from regulatory authorities;
  • Print order;
  • Open a bank account;

Only for LLC: to employ employees and directors; submit a report on the ESS (average number);
Next you need to decide on cash transactions. If the company accepts payments, then CCP should be used, there are also exceptions;
Decide on bookkeeping and reporting.
If you do not have time to independently register your business, you can contact the accounting services firms that also specialize in registering an LLC or individual entrepreneur.
On this topic:
How to make a business plan - 4 stages
Step by step instructions - how to open the PI yourself
How to start a business

Watch the video: How To: Start a Business Step By Step in 2018. Trishonnastrends (November 2024).