A Business Plan….

starting up

What on earth happened to “I can just start my own business and be done with it”?
Nowadays, you have to have very big funding, you have to give prognoses on how you’re going to do in the future and, of course, where you are planning to do all this.

One of the main keypoints in businesses is the market: if there is a market there will be gains…

Starting small and building a customer service with a friendly “I know it all” attitude will bring in people who like to have a warm environment. Once you get a few returning customers you’ll get free advertising through word of mouth.

Once that settles in, you can start growing. Just make sure you don’t grow faster than you can handle.

An onlearning curve in every (new) business is people management. This means that when you hire new people to work for you because the crowd of customers is getting too big, you have to make sure that you train them well before you give them responsibilities towards customers. Once you let your employees go they will let you know soon enough if the choice to hire them was the right one.

One of the major drawbacks of starting a new company is capital (cash). Not enough cash to get you through the start-up period means not enough room to sharpen your skills in business.

Make sure that before you go to a Bank for the loan, you thought it all over and have some scenario’s up your sleeve. Starting up a business without some backup plan is like jumping out of a plane without a parachute….

The first persons you hire have to be trustworthy and if possible be able to give themselves more than 100% for the first few weeks or so. You need enthousiasm and drive to get the engine starting. Once the engine is heated up, you can get going and hire more people and make your company a thriving beestack of ideas and production. Until then, build slowly and dare to have patience (remember, Rome wasn’t build in one day) .

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admin @ November 8, 2007