TO HELP YOU START YOUR JOURNEY AS A NEW BUSINESS OWNER
is CEO, Franchised Food Company.
Starting a business can certainly be risky and challenging, but armed with the right tools and information your path to ‘entrepreneurship’ should be the start of a very fruitful journey.
Before you take the leap, there are many things you should consider to get your business o to a ying start. Here are my ve planning tips to help your business not only survive, but thrive for the long haul.
my own business? • What is my level of skill? • What is my business goal? • What are the advantages and disad
vantages for my family and for me? • How much time and commitment is needed to succeed? Someone once told me as the boss you get to choose which 50 or 60 hours a week you want to work.
Your business has a better chance of succeeding if there are clear and cohesive goals between your ideas, skills, interests and motivations. You need a reason and passion to achieve and succeed!
over someone else? Is it because you can deliver the same thing but faster or cheaper? Determine from the outset your point of di erence... your Unique Selling Point.
Once you have done some research and you’re still feeling con dent you can deliver something others cannot, you’re onto a solid idea and ready to move onto the next necessary steps: a business plan.
Not all businesses start with simple concepts or ideas; they start with problems that need to be solved or opportunities to do things better.