Around the world, Businesses, communities, organizations, and governments, are waging the fight against the COVID-19 outbreak.
It might be overwhelming to think about starting something new at this moment in time. On the other hand it might be the perfect time to take that chance. Here you’ll find the small business advice and information you need to realise your small business idea and open your own company.
Do you have what it takes to be an entrepreneur?
Once you get your company off the ground, you need to work just as hard to keep it going each year.
With that said, it’s helpful to have a guide and a set of instructions to follow that can help you get started.
Make a business plan.
A business plan is a written document that describes in detail how your business is going to achieve its goals. A business plan lays out a written plan from a marketing, financial and operational viewpoint. Business plans are important to allow a company to lay out its goals and attract investment
Secure appropriate funding.
The government's Start Up Loan scheme.
Finding a small-business grant.
Peer-to-peer business loans.
Come up with a great name for your business
Selecting the right name for your startup can have a significant impact on your business success.
Focus on building a great product—But don’t take forever to launch
Build a great website for your company
Devote time to build a great website for your business. Prospective investors, customers, and partners are going to check out your site, and you want to impress them with a professional product.
Perfect your elevator pitch
Start out strong and be positive and enthusiastic in your delivery.Practice makes perfect, so repeat it to friends, family or the mirror until its natural.Keep it short and sweet, leaving people wanting to know more.
Convey why your business is unique and show what problem you are solving.
Welcome participation or interruption by the listener—this shows they are interested and engaged.
Set up a good Accounting and Bookkeeping system.
You will need to set up a accounting system to keep track of your finances, expenses, profit and loss, etc. This is important in order to understand your business’s cash flow situation and also for tax-filing purposes.
Become a strong salesperson
You are going to have to learn how to “sell” your business—not only to customers but also to prospective investors and even to potential employees.
Become a marketing expert.
To succeed in business, you need to continually be attracting, building, and even educating your target market
In this difficult time, we have to rely on our wits and innovation to keep our businesses strong. We want to hear from you!