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BUSINESS is a process that multiplied your investment. When a person or organisation gain profits by providing goods and facilities in exchange of money. However, profit can include other items of value, such as credit, and items and services that are exchanged in lieu of money.

So , we are here to tell you about how to start a business?

 Follow this step-by-step guide to help turn your big idea into a successful business.

* KNOW YOURSELF 

FIRST , you should know , why you want to start a business? This is very important question. Definitely your answer will you get bored from your job or you are getting low money as compared to your work. Simply the reason is money.

Now ask second what type of business you will start?

It's totally depend  on you but this decision is game changing so at this stag you have to very careful to take decision . Many times people select other fields of business which becomes very tough for them in future.

So take time to select the field. IN order to take this decision do more and more market research. This will fruitful for you.

In addition to this you also have to know your potential.

For example, what type of skills you have? Where is your area of expertise?

Be honest with your answers. This will create a foundation for everything you do moving forward, so it's better to know the truth now than later.

* CAPITAL INVESTMENT

Now , the most important part came capital investment. How much money you are going to invest? If you are just starting a business so you should not go with higher amount . You should  invest lowest possible amount of money in which a business can be started . If you getting good market result then you can expand it. 

For example - you started a textile factory and if you feel that you are performing well and your product are selling in good number then this is the time to invest more money.

* KNOW MORE ABOUT BUSINESS IDEAS

Now , you have fixed investment amount then this is time which type of Business you have to start?

IF you already have thinked about it then continue from next point.

IF you have no idea , which type of business you have start? THEN read this point.

You should make a list of business that diya you budget?

In which field There is low competition?

For example - you can invest upto 10 millions 0r 1 crore. So there is many option -you can start a textile factory . You can start a furniture factory. You can start bricks factory. You can be a owner of hotel. You can be a owner of marriage hall. You can be a  wholesaler of food grains.etc

Now , suppose there is low competition in  bricks factory and wholesaler of food grains.

So you should ho with either bricks factory or wholesaler of food grains.

This will be fruitful for you.

* MAKE YOUR BUSINESS OFFICIAL

Make your business official that will helps you in future like having partnership with other organisations in addition to this you will be a certified business man.

These paper you should must have:

1. Business structure (LLC, corporation or a partnership, to name a few.)
2. Business name
3. Register your business
4. Federal tax ID
5. State tax ID
6. Permits (more on permits here)
7. License
8. Necessary bank account
9. Trademarks, copyrights 

* BUSINESS LOCATION

Before you start a business, you should decide a Business location as there is a big chance to collapse a Business if the Business site is not located on a public place. You should ensure that there is good public population. IF you open a Business in outer area then there is a chance that you can not grow. So always try that you Run your Business in public area.

Suppose you open a grocery store in public market then automatically your business will hit but same shop you open in outer area then it will be difficult to sell your item because unavailability of customers.

* GIVE OFFER AND DISCOUNT

SO NOW , You started your business now it is time grab customer and at this time you should focus on customers not on more profit. You should give more discount and offer to customers as compared to other business man. This will help you to make a customer base for you. After grabbing customer you can make profit and sell your item at same price as others sell.

* FEEDBACK

IT is the most important thing that you have to work on it. Get feedback from you customers and if there is any mistakes and any customer regarding problem then you should clear it because customer will come to you only when your after sales service is good.