How to translate ideas for small business
How to translate ideas for small business
It's no secret that the number of interesting business ideassignificantly exceeds the number of successful entrepreneurs. Why not every interesting business project is realized? The fact is that entrepreneurship is not only a unique idea of a product. It requires certain knowledge, skills, skills, concentration of will and ability to continue once started business. And this applies to any business projects - both small and large.
You will need
- - Entrepreneurial idea;
- - business plan;
- - team of like-minded people;
- - investment;
- - organization skills;
- - Purposefulness and perseverance.
Instructions
1
Be prepared for the fact that evenA small business idea will require a lot of effort from you. It is not enough to offer the idea of a good product. It is necessary to organize its production, carry out a number of preparatory measures, including the search for resources, production capacities, personnel selection. From the very beginning, tune in for a hard and not always pleasant work, which will take all your time.
2
Appreciate your idea of a small business. Whatever it concerns, the new product should not only be new, but also in demand. It will be a shame when you do the work on the project, and then you will find that your product or service is not needed by anyone. Conduct market research to determine - who, where, when and for what reason will want to take advantage of the fruits of your entrepreneurial activities.
3
Be sure to write down all the thoughts thatcome to your mind when working on a project. By itself, even a very good idea in its raw form is not needed. To become a part of your and others' reality, the project should draw details. Take it as a rule to have a notebook with you at any time. In it, you will be able to reflect those issues that need to be resolved in the course of working on a business idea.
4
Work out the general structure of the future smallenterprise. The material collected earlier in the form of notes is broken into semantic blocks. Start with the functional structure of the future business. Each separate block should include a number of operations similar in purpose. Walk along the chain of technological process, trying not to miss not only the basic, but also auxiliary operations.
5
Proceed to compiling the detailedbusiness plan. Identify the stages of creating an enterprise, the way you produce the goods or services that underlie your idea. Assess your financial capabilities. Specify in the plan sources of additional financing, which, if necessary, you can use. Describe the strategy of penetration to the market. Determine the implementation time for each phase described in the business plan.
6
Gather a team that will assist you inthe embodiment of the idea. It's not just about the staff of the company, but also about a group of like-minded people who share your idea and want to take part in organizing a small business. Focus on the selection of people not only on friendly relations, but also on business qualities. Ideally, you will have a cohesive team of three or four people, each of which will perform its organizational functions.
7
Register a small business and proceedphased implementation of the project. Do not be embarrassed if the target dates are not always met. The main thing in implementing the idea is perseverance and ability to overcome the inevitable unplanned difficulties that stand in your way to the goal.