Starting a business or building your own business does require really mature preparations. Various ways of starting a business or businesses spread across various print and online media, but in fact, there are many businesses that must be rolled in each year.
Before you plunge into business, you should pay attention to the various things that sustain the success of a business. Here's what you need to note before starting a business
1. Types of business that will be in the loop
Before starting a business you have to determine what business field you are going to go. This is the first step before you are in the business world. Recommendations for a very popular business field for now are the fields of culinary, clothing, technology etc. If you have capital, you can pursue stocks and gold investments.
2. Funding source/Business capital
The main thing in building a business is knowing the source of the funds, and the estimated amount of funds needed. Even small-home businesses require a mature calculation, ranging from the cost of tools and materials, the cost of printing business cards, to the cost of telephone lines.
Business capital can be obtained from various sources. The simplest way is to use the funds from the bags themselves. Another easy alternative is to borrow funds from friends, family, or other close relatives.
Borrowing funds from close relatives is easier, but you need to be more vigilant and prudent in using it. Because of the rare cases of termination of relationship due to borrower negligence even to be dragged into the realm of the law.
You can also obtain business capital from financial institutions from both government and private sector. However, loans from financial institutions usually require certain guarantees according to the policies of each institution. Watch the policy carefully to suit your needs and abilities.
3. Raw Material Supplier
Want to plunge into the business world? You should pay attention to the following
Having a fixed supplier that can supply all production raw materials every day is highly recommended for smooth production process. Besides being able to get a relatively cheap price, you can also be a trust if you are in a difficult or capital-clamped state.
In addition, you can also prioritise if the required raw materials are scarce on the market. Try to have more than one supplier as an alternative if one supplier cannot provide a request.
4. Target Market
Want to plunge into the business world? You should pay attention to the following
Different Target markets will demand a different approach effort. Recognizing the business target consumers can be the key to successful marketing. Without it, your product will certainly be hard to sell. Who will be the target products and services you offer? And what more value can you offer?
When you know the answer, try some marketing approaches to see which strategies get the best response.
5. Human Resources (HR)
In order to be long, the entire company of any business is small or large, requiring appropriate and appropriate human resources. Human resources include a comfortable workspace, smooth communication lines and business devices, adequate systems, and effective marketing materials.
Physical resource planning is the most expensive aspect in terms of cost compared to other aspects. But physical resources are the most important aspect of corporate sustainability.
6. The right promotion
Promotion is a very important sector. How people will know and believe in your efforts if they don't find out about your business. Promotion is a very effective way to market products.
If your target is a senior consumer, traditional advertising can be a mainstay. But for the younger market, you need to be more creative in using new media (like YouTube, social media, etc) using the various market research tools provided by Google, you can start sorting and marketing to your desired target market.
7. Business Licensing
For the safety and comfort of your business, make sure you take care of business licenses from government agencies or local authorities. If the business is growing and bigger, it is good to take care of the taxpayer Identification Number (NPWP) for your business, take care of licensing to the Ministry of Health, even if you can take care of halal certification for all business products to the Indonesian Ulama Council (MUI).