Monday, 19 June 2017

6 Steps to Planning a Successful Business (Part 1)

Step 1: Start with an examination of who you are What are the skills, abilities and resources you have to start a small business? Pray and ask God to lead you in the process.
Step 2: Decide what type of business YOU WANT TO DO You want to start and what types of products or services you will provide. Decide how much income you will need from that business. Seek God in prayer as to how you can fulfill His purpose for you in business.

Step 3: Do your research Gather the facts about the type of business you want to start. Discover who your customers will be and approach some of them with the idea of starting your business. Find out from them what it is they will expect from your business. Discover who your competitors will be and find out how well they are doing in the type of business you want to start. Also, find out what legal obligations you need to fulfill in the business. Be careful not to make assumptions. Confirm that your assumptions are valid. Ask God to lead you to the right people who have the right information that you need. 

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