Thursday, 13 October 2016

Starting and running your own business

Even though I just a diploma student, it does not mean that I do know anything about running a business. I had an experience during my high school to running a business. And guess what, my profit increases from twenty something to hundreds in 1 month. So here is the things that you should do to start and run your own business.

Remember to make a plan. That is the first thing that you should do. Without a plan, your business can cannot be run. And if it run, it will be a fail business. In business fact, the first two years of your business, it is the fail phase. It may because people do not know your product yet. Most of the businessman/businesswoman stop because they fail and give up with their business. But giving up is not a good decision in business. It will not solve the problem. So if you want to join business world, you should not know the word 'giving up'.

As a businessman, you should know who are your targets for your products. For example, student, officer or even public. When you know your target, it is easier for you to choose a right place. Make sure that you choose a place that have many people of your target. If your target is officer, it is not right to choose school as a place to start your business because there re a lots of students at school and not officer.

Lastly is that you should collect some modal for your business. Without money, how can you start your business? It does not matter if you use the money from your saving or you make a loan to start your business. Make sure that you manage your budget for your business. Do not overuse the money.

So, that's the things you have to do to start a business. Wish you luck.

By : Nurul Fakhira binti Mat Nor
ID : PTM160705322

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