Positive steps to take when starting a business

cherry123

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What are those steps one need to take at the start of the business. You have do a research about a business, have a business plan, look at your competition etc. Add yours?
 
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Starmix

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First, think if capital is enough and if enough, pay the license to operate a business. Also, see the Department of Trade and Industry for the license to legally operate. If you have a partner, you must prepare the Memorandum of Understanding or Agreement.
 

cherry123

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First, think if capital is enough and if enough, pay the license to operate a business. Also, see the Department of Trade and Industry for the license to legally operate. If you have a partner, you must prepare the Memorandum of Understanding or Agreement.
Well stated. it is good to always have a capital and at least a shop to start
 

eldavis

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The first thing you need to do is to have a business plan. A business plan contain everything you need to do, it is more like a map for the business.
 
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