Hi good day to all fellow Bubblews. I will just share my idea and knowledge on starting up a business. First we must know what is a business. Business is an organization or economic system where goods and services are exchanged for one another or for money. Every business requires some form of investment and enough customers to whom its output can be sold on a consistent basis in order to make a profit. Businesses can be privately owned, not-for-profit or state-owned as defined in business dictionary.com. Well certainly in setting up a business money or financial capital is the primary needs or requisite, you can not put up a business without money of course how can you provide the goods for your business and finance the operation of this transaction.
Also we have to know that knowledge or skills is also needed in putting up a business that is why there are university that is offering business course and even those small marginal school putting up a seminar for those who can not afford to go to the university and want to learn the basic of such business. You must have the idea of what business you are about to open up for your prospective client. Next to the list is a good location, you must find a suitable location for your business as to where you will market your goods or merchandise. The more accessible it is to the people no matter what walks of life they are they will still patronize the product that ring to their needs.
The other necessity for business is of course the commodity or the merchandise that you will sell, it must be good or somehow unique and has originality so that it will click to the masses. Definitely the seller or vendor must have good public relations so that the returns of the goods that you will market will be in ten folds meaning you will have more buyer and your goods will be patronize by many. An advantage to this business requisite is of course friends, contact person that you had before. The more you know, the more they will participate in marketing your merchandise.
Lastly of course is the passion and the dedication that comes on having this venture of a business. You must be dedicated enough to having this business. Just like a couple that no matter what it takes for poorer or for gain, you will still run the business, of course there will be times of calamity, trials and a good competition among vendors however it is the dedication, the respect to one another and the care for this venture of a business that still hold no matter what it takes. You must love your business venture it is like a family to you and respect the marketing society, it's a healthy competition. So now, the question is, are you ready to put a business?
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