The 6 Trilogy Of Successful Entrepreneurship

For the beginning

Everything is difficult at the beginning. It's even harder to start a business without enough money.

At a time when the downturn is low and capital raising is not easy, first of all, we need to solve the capital problem first.

When the venture capital of entrepreneurs is not enough, the way to raise money can not only borrow money from friends or relatives, but also be popular with the private sector.

These include youth venture loans, laid-off loans, micro enterprise start-up loans, as well as specific physical and psychological barriers to start business loans, special circumstances women's business loans, rural youth business loans, and some of the banks launched the venture loans.

The second step of success: learning business skills

After choosing the industry, the next question is how to manage the technology.

Of course, if you choose a chain store, there is a headquarters of technology pfer education and training, everything will be done.

But if you start your own business, you have to find ways to learn.

As far as learning channels are concerned, there are, of course, many skills cram schools, catering, snacks, coffee, bubble tea, flower arranging, bartending, and so on.

In addition, other vocational training centres such as the Vocational Training Council of the labour Commission also offer various vocational training courses.

In addition, before opening a shop, it is best to have the actual combat experience of the industry itself.

Because, if only in the cram school to learn related technology, but the lack of real experience of store presence, and wait until the official business, it is likely to be confused and frequent.

So before you open a shop, you'd better go to work in the same store first, so that you can learn business skills and practical experience.

The third step of success: how to select industries and decide products.

Before choosing the industry that you want to start an undertaking, you must first weigh the amount of your venture capital, because the total investment of each industry is high and low, and every industry is different. So, first, you can measure the funds you own and do those industries, then make further plans.

On the basis of funds prepared by oneself, we first select industries that can be invested. Then, we will consider the factors such as the future development of the industry, our own interests, expertise, sexuality, past work qualifications, industry competitiveness and other factors to see if we are suitable for that industry and the most competitive advantage in that industry.

Therefore, when opening a business, there must be no concept of less investment and quick recovery.

When choosing an industry, we must first consider the competitive situation of the industry and how much strength we have to do.

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The fourth step of success: looking for professional business consulting

Before you start a business, you should first teach a professional consulting agency or consultant.

Of course, there are quite a lot of consultants in the field of venture capital management, which can be consulted by consultants. But if you don't want to spend the money, you can also choose some free consulting agencies, such as associations and government agencies, to make greater use of these free departments.

The fifth step of success: writing a business plan

Expert analysis is not only necessary but also very important for the whole business process.

Because, through the writing of the project, you can not only let yourself know more clearly whether the plan is complete or not, but also to find a person to invest in or provide advice, it is more specific. If you want to apply for a young venture loan, you have to attach a plan.

Generally speaking, the contents of the business plan include industry analysis, competition status, commodity introduction, business analysis, investment analysis, manpower planning, monthly cost analysis, profit forecast, shop development plan, medium and long term development goals, etc. each item must be analyzed in detail. The more detailed and detailed the plan is, the easier it is to find out the problems of entrepreneurship in the future. Early repair will reduce the risk of failure.

The sixth step of success: preparation of equipment and equipment for making money.

After the storefront starts decorating, it will then be prepared to purchase all kinds of equipment and equipment in the store. As a store needs to prepare things more and more complicated, in order to avoid omission, we must make a list of shop equipment.

From large equipment such as air conditioners, computers, refrigerators, freezers, cash registers, to sound, preservation, card printing machines, and even small items such as ballpoint pens, business cards, shop chapters, etc., and the first material purchase, all the details of all sizes are listed, indicating the name, quantity and unit price of each appliance, and then the total amount of equipment and equipment is added up to know the amount of money required.

Of course, the most important thing is to master the source of procurement of goods. Moreover, it is better to have goods than three. If you want to reduce the cost of opening a shop, some things may buy medieval goods. If the equipment is rented, try to use the rent to save the initial investment cost.