8 tips to consider when starting a business

8 tips to consider when starting a business

 Maybe you're out of work, you are not happy where you work for the workplace or because you do not like the role you You play or you feel that it was time to become independent because you've managed to put together a capital and want to develop your own project.
Whatever your case, to open a business must perform certain basic things, and so this time we offer following eight tips you should consider if you want to make a success of the business you decide to take:
Study your market
Is there really a need in the market for your product or service? Or, is so new a product or service that you have to create that need? If your equity allows, hire a professional who will do a market study. What you spend on it is not an expense, it is what will allow you to make correct decisions, to be truly aimed at meeting needs in your market. Businesses that open their doors having made a good study of your market will always have a much better chance of survival than those who do not.
Hire correctly
No matter if you need one employee or 100, it is very important that in your interview you include labor questions that allow you to glimpse if the type of business you are about to embark also passionate about your prospects, they do not feel they will work only by making money, but because truly interested in collaborating with the work you intend to carry.
Leads by example
The best way to ask your employees to be honest and committed to the work, is proving that you are honest and committed to it. Form your team being part of it, to recognize your leadership for what you do, not what you say you can do. Giving orders is very easy, your team's run with gusto and conviction, not so much.
Make some sacrifices

To achieve your first sales you may have to make some sacrifices, find your friends and acquaintances as early prospects, although in many cases this is not enough, either because they are not many, or because they are not part of your target market. In these cases offer your product or service at cost or perhaps even free if necessary, to let you know and you begin to form a portfolio that serves you to win new customers.
Be professional
Are you a professional? You know you are, but what your customers and prospects they perceive? Take care of all the details, even the smallest. Looks like a professional. The presentation, both personally and for your business is an extremely important factor and sometimes do not see it as such. Similarly, we must be very careful to communications emanating from your company, having an impeccable spelling and absolute cleanliness in his presentation, ie, they look as professional as you lights.
Never offer something you can not keep
This is one of the most common mistakes companies, especially in the beginning. In order to close the sale or get the contract, we say yes to every customer that comes to mind, without considering the serious consequences that result when we can not deliver the goods. The bad references are expanded into the market much more easily than good. Do not risk your reputation is very complicated because after claiming it.
Invest time and concentration to produce a plan B
When you open a business there are many important decisions you have to take, and precisely because of the great importance attached in many of these cases have to think of a plan B, ie if as a result of a particular decision expect something specific, What will you do if it does not happen that way?
Persevere
He who perseveres reaches says an old adage and it is a great truth. If you mess up, learn and correct, if you criticize, take the good from those criticisms and discard the rest, if you lose a customer, look for two, if you drop a negotiation, investigates which was the mistake and does not again commit. Always look for the positive things, I assure you all do, if you fall, get up and carry on, never give up.