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What is the number one question to ask yourself when you are thinking about opening a business?

BrolySSJ

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At some point or the other we have all had the thought to open a business based on what we think will be profitable within our region. And at that point that we talked about developing a business they were serious questions that crossed our mind. Some might ask themselves about the profit that they are able to achieve from their business, whilst others will ask themselves about what business would be the best for the area that they are in. These questions of course will continue to vary depending on the person and what their desired outcome of the business is. In my opinion I believe that these questions are goal-oriented.

However, I think that the first thing that we should ask ourselves when opening up a new business is how committed am I to this venture that I am going into? To a large extent our commitment to a certain venture is what determines its success or failure. Therefore, if we are able to answer this first question there may be a lot more potential for us in developing a business even if it does not go along the path which we initially planned.

What were your first questions to yourself when you consider the opening of the business?
 
At some point or the other we have all had the thought to open a business based on what we think will be profitable within our region. And at that point that we talked about developing a business they were serious questions that crossed our mind. Some might ask themselves about the profit that they are able to achieve from their business, whilst others will ask themselves about what business would be the best for the area that they are in. These questions of course will continue to vary depending on the person and what their desired outcome of the business is. In my opinion I believe that these questions are goal-oriented.

However, I think that the first thing that we should ask ourselves when opening up a new business is how committed am I to this venture that I am going into? To a large extent our commitment to a certain venture is what determines its success or failure. Therefore, if we are able to answer this first question there may be a lot more potential for us in developing a business even if it does not go along the path which we initially planned.

What were your first questions to yourself when you consider the opening of the business?
I think so not only me but every bodies preference is that it there business give good profit and as well as am I have enough money to start a business
 
As we know that we are starting a business because will want to be earning a money. So as we are thinking about to start a business we would have already thinks about the money we are going to making. But as for me the first thing that usually come to my mind if I want to start Business is that how do I get a customers to patronize me.
 
I think so not only me but every bodies preference is that it there business give good profit and as well as am I have enough money to start a business
Naturally it makes sense that people are looking into how much money they have in order to start the business, however I think that if you don't have that Drive internally in order to make the business succeed the amount of capital that you have to start it won't make a difference because it won't have the same dedication as someone who is willing to put in the time and effort to make sure that a business succeeds. Money is just a tool to achieve success but in my opinion the true success is created from who a person is and the resolve that they have in order to make that business succeed. Once you have that resolve money such as profit and capital investment or your next two important factors.
 
One of the questions is if the products or services i offer would attract a high level of patronage from the people, by this, i prepare or carry out a good market analysis and locational survey to see the results, my business plan has to follow as well. Doing all these processes, I am able to answer the questions and see if i can proceed or divert the capital.
 
At some point or the other we have all had the thought to open a business based on what we think will be profitable within our region. And at that point that we talked about developing a business they were serious questions that crossed our mind. Some might ask themselves about the profit that they are able to achieve from their business, whilst others will ask themselves about what business would be the best for the area that they are in. These questions of course will continue to vary depending on the person and what their desired outcome of the business is. In my opinion I believe that these questions are goal-oriented.

However, I think that the first thing that we should ask ourselves when opening up a new business is how committed am I to this venture that I am going into? To a large extent our commitment to a certain venture is what determines its success or failure. Therefore, if we are able to answer this first question there may be a lot more potential for us in developing a business even if it does not go along the path which we initially planned.

What were your first questions to yourself when you consider the opening of the business?
The most important thing that comes into my mind before starting a new business is PLANING...
If a person have proper planning about his business strategy, then he could handle it even in the worse conditions, second thing is to understand the demands and requirements of people in that area.
 
The number one question I will always ask myself if establishing a business is divided into two .They are;
Will I be able to maximise profit with a satisfied production unit?

Will my business or establishment solve a contemplating problem in the society.

If my answer is yes then I can start the business.
 
There are too much question come when you are about to start a business. How will you manage, when will you start business, how will customers come, this type of long series of question come to mind before starting. Because starting of everything is tough after that you will manage everything.
 
It is the right question that we must ask ourselves when starting a business, the commitment to this is what will allow us to move forward over time, jumping over obstacles and avoiding the problems that always exist at some point. Commitment gives us the necessary push and motivation to achieve success.
 
The most important thing that comes into my mind before starting a new business is PLANING...
If a person have proper planning about his business strategy, then he could handle it even in the worse conditions, second thing is to understand the demands and requirements of people in that area.
Having a plan for the worst situations is very important in a business development, because then you are able to plan for the worst case scenario and not feel demotivated as well if this scenario had to come true, because you will have a means by which to get out of it or to improve it for the future. A plan is very important, and just having a plan in my opinion shows a good level of commitment and dedication toe h business that you are venturing into.
 
At some point or the other we have all had the thought to open a business based on what we think will be profitable within our region. And at that point that we talked about developing a business they were serious questions that crossed our mind. Some might ask themselves about the profit that they are able to achieve from their business, whilst others will ask themselves about what business would be the best for the area that they are in. These questions of course will continue to vary depending on the person and what their desired outcome of the business is. In my opinion I believe that these questions are goal-oriented.

However, I think that the first thing that we should ask ourselves when opening up a new business is how committed am I to this venture that I am going into? To a large extent our commitment to a certain venture is what determines its success or failure. Therefore, if we are able to answer this first question there may be a lot more potential for us in developing a business even if it does not go along the path which we initially planned.

What were your first questions to yourself when you consider the opening of the business?
People do start a business in order to make profits and one has to know the amount of money he or she is going to spend in starting that certain business .
Before starting a business you have already thought of how you going to make profit out of it.
My question is always,how do i get customers that will help promote my business to get more profits
Post automatically merged:

At some point or the other we have all had the thought to open a business based on what we think will be profitable within our region. And at that point that we talked about developing a business they were serious questions that crossed our mind. Some might ask themselves about the profit that they are able to achieve from their business, whilst others will ask themselves about what business would be the best for the area that they are in. These questions of course will continue to vary depending on the person and what their desired outcome of the business is. In my opinion I believe that these questions are goal-oriented.

However, I think that the first thing that we should ask ourselves when opening up a new business is how committed am I to this venture that I am going into? To a large extent our commitment to a certain venture is what determines its success or failure. Therefore, if we are able to answer this first question there may be a lot more potential for us in developing a business even if it does not go along the path which we initially planned.

What were your first questions to yourself when you consider the opening of the business?
People do start a business in order to make profits and one has to know the amount of money he or she is going to spend in starting that certain business .
Before starting a business you have already thought of how you going to make profit out of it.
My question is always,how do i get customers that will help promote my business to get more profits
 
At some point or the other we have all had the thought to open a business based on what we think will be profitable within our region. And at that point that we talked about developing a business they were serious questions that crossed our mind. Some might ask themselves about the profit that they are able to achieve from their business, whilst others will ask themselves about what business would be the best for the area that they are in. These questions of course will continue to vary depending on the person and what their desired outcome of the business is. In my opinion I believe that these questions are goal-oriented.

However, I think that the first thing that we should ask ourselves when opening up a new business is how committed am I to this venture that I am going into? To a large extent our commitment to a certain venture is what determines its success or failure. Therefore, if we are able to answer this first question there may be a lot more potential for us in developing a business even if it does not go along the path which we initially planned.

What were your first questions to yourself when you consider the opening of the business?
The number one question I ask myself before or whenever I want to venture into any kind of business endeavour is, do I have that strong passion and conviction to want to do this business. If my response is a yes, I go ahead. If it's a no, I drop the business idea.
 
The main question you have to ask yourself while starting a business is that,do you have firm believe to achieve your aim?Do you have skills and experiences?Do you have enough courage to hear pressure?Do you have trusted persons?
 
Opening a business is no joke as it has bigger responsibilities to take care of once you started the business. I think the first thing to do is to plan, conduct case study of the nature of business if necessary. One question that the business owner is thinking maybe is how to attract customers, especially during the first few months of the business. Then later on you can ask yourself on how to innovate to improve your business.
 
I think the number one question you should ask yourself, is if you have enough capital and are you ready to take the risk in that particular business.
Are you ready to accept the lose if the business is not giving you enough profits.
Finally the location of the business matters a lot.
 
What problem does your business solve? Why you need to know: If you don't know the answer to this question, how do you know if your product or service is working? It is one of the most basic questions that every business owner should ask himself, even before he launches his business.
 
Before starting a business I will ask myself what goals and aspirations would I have for this business. It is important to set goals for your business. With a goal in mind you can build your business to that standard you want it to be. Your business will keep growing and expanding.
 
Can this business make me money now and in the future.

If the answer is no, then you may want to reconsider. You don’t want to pursue a business idea for it to cost you more than what you make. Yes, money isn’t the most important factor, it is the outcome but it is your responsibility to ensure the business has financial viability.
Post automatically merged:

Can this business make me money now and in the future.

If the answer is no, then you may want to reconsider. You don’t want to pursue a business idea for it to cost you more than what you make. Yes, money isn’t the most important factor, it is the outcome but it is your responsibility to ensure the business has financial viability.
 
The first thing l asked is what is my passion. I can't go far with a business l have no passion for no money the human and capital resources involved. It take passion to push especially during difficult times in the business.
 

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