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

[Jlife]

I do not have any question to ask myself but most of the times I always consider that I must have enough money to setup the business,I need to consider everything that will make my business to run successfully, that is what I will do.

 

[topfly007]

The one question I will ask myself when trying to start up a business will be if the profit potential for the said business can be matched with the interest that I have for it

 

[Cash%]

One question i will always ask my self is how do i impact the business and grow the business so it could basically have more sucees compared to other platform these are what i consider

 

[eLdavis]

One of the things you should ask yourself is where do i see my self in the next three or four years. If you have no vision of what the business might become in the future or on what you hope to achieve, then you are not yet ready.

 

[Kelly5]

The number one question to ask yourself when you're thinking of opening your own business is; are you sure and convinced within yourself that this is what you want to do? If this conviction is sorted out, then you should do fine along the way

 

[Setho]

I usually ask myself if I am doing the business on emotions or to make profits about it. Whether or not I have made sufficient research to back up my idea.

 

[Setfragil]

The number one question to ask when you wants to establish a business is, do I have the needed knowledge and experience to run the business successfully to avoid losing my capital.

 

[Hena101]

The first question i always asked myself before starting any business is what product and services is much required in the location and how available is that products and services is in the location. So when i found answer to these questions then i begin to think how committed i will be in providing those services to my customers.

 

[Alexandoy]

I do not have any question to ask myself but most of the times I always consider that I must have enough money to setup the business,I need to consider everything that will make my business to run successfully, that is what I will do.

I agree with your point about having enough money. The lack of capital is the usual problem of beginners in the business. I have experienced having a tight cash flow that I had to borrow money from my family in order for my business to survive. However the borrowings had to stop.

 

[Senator]

The number one question for one to ask himself before starting a y business is that, are you convinced that you should be starting this business? If convinced, then put all your plans into action immidiately

 

[Richard92]

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.

The number one question you ask yourself when you are trying to open a particular business is what kind of business are you going to start up.

 

[Kelly5]

If I am thinking of opening or starting a business, the number one thing I will be thinking of is where to get the capital required to kick start the business

 

[Jlife]

I agree with your point about having enough money. The lack of capital is the usual problem of beginners in the business. I have experienced having a tight cash flow that I had to borrow money from my family in order for my business to survive. However the borrowings had to stop.

If you have started the business already and you see The need to borrow some extra money to boost the business, there is nothing wrong with that because you have started a business and you have seen the potential of the business, you are likely to pay back the loan at this time.

 

[tyrim88]

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.

In adition to the value of what your products or services you are offering to the market in view of the various values avialable,one also need to strategise on how to aquire customers for the business and how to retain them.

 

[Stylex]

The number one question to ask myselve while stating a business is how much capital do I have to start up a business
Mind you the capital matters allot when it comes to business issues you need enough capital to start a business

 

[akinlolu99]

THE first thing i ask myself before starting any business is about the location because the truth is some people think its money but with all the money you invest into a business if the location the business is situated is not a good place the business s bound to fail, collapse or have a hard time standing straight.

 

[Setho]

I would point it out that the number one thing you should ask yourself is that if or not you have identified a pain point the audience have that you can solve for them.

 

[Bousine123]

I think the best question you can ask yourself is if you can be able to keep that business standing even if you experience lots of loses in it's early stages.

 

[Kubiat-Abasi]

The first question I ask myself before be venturing in a business is; do I have the required capital? Do I have the time to invest? Do I have the needed experience and mentorship? If I satisfactorily pass those questions then I feel I'm on the right track.

 

[Godspower]

I think the number one question you need to ask yourself when thinking of starting a business is if you have enough capital to start the business. Most people delve into staring a business without thinking of where to raise enough capital to run it and they are likely to face difficulties.