Vanguard Allure

Top Menu

  • Vanguard

Main Menu

  • Home
  • Allure Magazine
    • Features
    • Magazine
    • Profiles
  • Allure TV
  • Celebration
    • Fashion & Style
    • Weddings
    • Lifestyle
    • Events
  • Wellbeing
    • Allure Woman
    • Healthy Living
    • Beauty
  • Happiness
    • Food
    • Shopping
    • Travel
    • Relationships
    • Career
  • News
  • Vanguard

logo

Vanguard Allure

  • Home
  • Allure Magazine
    • Vanguard Personality Of The Year Awards 2022

      January 29, 2023
      0
    • Ruky Ogbetuo: From Fashion Writing To Prolific Designer

      January 21, 2023
      0
    • Bisola Alabi: Tech Savvy

      January 15, 2023
      0
    • Wumi Jubril - Providing Ultimate Wellness Experience

      January 13, 2023
      0
    • Celebrities Share their New Year’s Resolutions with us

      January 2, 2023
      0
    • EZINNE DORA KAYODE-----Excelling in a man’s world

      January 2, 2023
      0
    • Gbemi and Toolz -On Career Path and Christmas

      December 25, 2022
      0
    • NGO trains women, PWDs in Mushin on funds sourcing for SMEs

      December 22, 2022
      0
    • Stakeholders call for more women's participation in political leadership positions

      December 19, 2022
      0
    • Features
    • Magazine
    • Profiles
  • Allure TV
  • Celebration
    • Fashion & Style
    • Weddings
    • Lifestyle
    • Events
  • Wellbeing
    • Allure Woman
    • Healthy Living
    • Beauty
  • Happiness
    • Food
    • Shopping
    • Travel
    • Relationships
    • Career
  • News
    • Patoranking, Gbenga Laolu, Others Thrill At Vanguard Personality Of The Year Awards

      January 29, 2023
      0
    • Austin Faani wonders why actresses are not supporting Funke Akindele's Deputy Governorship ...

      January 26, 2023
      0
    • Mixed reactions as LASU bars students with indecent dressing from class

      January 24, 2023
      0
    • Iyabo Ojo warns Nigerians to vote wisely ahead of election

      January 19, 2023
      0
    • Sharia Court detains Judges, cashier, others over 500m theft

      Sharia Court detains Judges, cashier, others over 500m theft

      January 19, 2023
      0
    • JJC Skillz returns to Islam

      JJC Skillz returns to Islam

      January 19, 2023
      0
    • Hall of Fame to induct Snoop Dogg, Sade Adu

      Songwriters Hall of Fame to induct Snoop Dogg, Sade Adu

      January 19, 2023
      0
    • Actress Caroline Danjuma earns an MSc in law

      Actress Caroline Danjuma earns an MSc in law

      January 18, 2023
      0
    • Mercy Johnson opens up on reasons she's on life-long medication

      January 13, 2023
      0
  • Patoranking, Gbenga Laolu, Others Thrill At Vanguard Personality Of The Year Awards

  • Vanguard Personality Of The Year Awards 2022

  • Why I can’t marry an actress – Kelvin Chizzy, Filmmaker 

  • ‘How sex scene with Jim Iyke almost got me expelled from Uni’ – Lilian Afegbai

  • ‘Why you should make a rich woman your life partner’ – Jason Njoku

Career
Home›Happiness›Career›7 Things to Note When Starting a Business

7 Things to Note When Starting a Business

March 4,2019
Share:

Starting up a business requires a lot of hardwork, dedication and input. It is one venture that is for only the courageous and risk takers.

When going to business, here is what you should consider:

1. HAVE A POWERFUL MESSAGE

This would answer why you business is running.It would also address the problem it solves and why it serves as the solution.

2. RESEARCH THE MARKET

Research the demographics and psychographics of your potential customer base and understand their buying habits.

Know what your competitors are doing.  Engage similar businesses, browse your competitors’ websites, and understand what their customers are saying about them.

3. DON’T BE AFRAID TO START SMALL

Break up your product/service offering into smaller pieces so you can fund the early stages and get some traction and experience. Have passion for your business.

4. KNOW YOUR STRENGTHS, SKILLS AND TIME

This would help you knowing where to get maximum dividends. Also, know when you need to engage an accountant, lawyer, insurance agent, marketing specialist, web page designer, or other professional.

 

5. HAVE ADVISORS AND MENTORS

Launching and growing a business is difficult, you need the right network of people to make it thrive. Gain from others’ skills and experiences.

6. WRITE A BUSINESS PLAN

Have a written plan with your projected results and personal goals  to stay on track.

7. KNOW YOUR NUMBERS

Have a good knowledge and understanding of your sales, gross margins, profits, cash flow, and the specific metrics associated with your business.

 

TagsAllure VanguardBusinessCareerEnterpreneurFinanceMondayMoneytips
Previous Article

Thanks for being my sunlight, Annie Idibia ...

Next Article

Court allegedly orders arrest of Monalisa Chinda ...

0
Shares
  • 0
  • +
  • 0
  • 0
  • 0
  • 0

Related articles More from author

  • Happiness

    Footballer, Joseph Yobo and family dazzles in Christmas photos

    December 26, 2018
    By allure1
  • Allure MagazineNews

    Singer, Runtown speaks at Harvard University

    April 5, 2017
    By allure1
  • News

    Actor, Will Smith to play Serena William’s father in new movie

    March 6, 2019
    By allure1
  • Entertainment

    BBNaija star, Khloe admits being a ‘bad girl’

    January 25, 2019
    By allure1
  • Allure MagazineNews

    Rapper, Phyno acquires new Rolls Royce Phantom

    March 16, 2018
    By allure1
  • Allure MagazinemusicNews

    Is Illbliss saying goodbye to music?

    August 25, 2016
    By allure1
0

  • EntertainmentTrending

    Runtown Reiterates Protest As Naira Marley Backs Down

  • Allure MagazineEntertainmentNews

    ”I am not gay”, Harrysong clears the air

  • Entertainment

    Charles Inojie robbed at gunpoint in Lagos

  • 5312
    Followers
  • 12744
    Likes

Timeline

  • January 29, 2023

    Patoranking, Gbenga Laolu, Others Thrill At Vanguard Personality Of The Year Awards

  • January 29, 2023

    Vanguard Personality Of The Year Awards 2022

  • January 26, 2023

    Why I can’t marry an actress – Kelvin Chizzy, Filmmaker 

  • January 26, 2023

    ‘How sex scene with Jim Iyke almost got me expelled from Uni’ – Lilian Afegbai

  • January 26, 2023

    ‘Why you should make a rich woman your life partner’ – Jason Njoku

Categories

Subscribe to our Newsletter

Sign up to receive email updates and to hear what's going on with our magazine!

  • Recent

  • Popular

  • Comments

  • Patoranking, Gbenga Laolu, Others Thrill At Vanguard Personality Of The Year Awards

    By RITA
    January 29, 2023
  • Vanguard Personality Of The Year Awards 2022

    By RITA
    January 29, 2023
  • Why I can’t marry an actress – Kelvin Chizzy, Filmmaker 

    By RITA
    January 26, 2023
  • ‘How sex scene with Jim Iyke almost got me expelled from Uni’ – Lilian Afegbai

    By RITA
    January 26, 2023
  • Chioma Jesus, Sammie Okposo, Midnight Crew set for #THUGGLA2018

    By RITA
    April 24, 2018
  • American rapper, Kendrick Lamar wins Pulitzer prize for 2017 ‘Damn’ album

    By RITA
    April 17, 2018
  • Afrobeat singer, Seun Kuti drops new album titled ‘Black Times’ 

    By RITA
    April 23, 2018
  • Actor, Yul Edochie declares intention to run for presidency

    By RITA
    April 23, 2018

Entertainment

  • January 29, 2023

    Patoranking, Gbenga Laolu, Others Thrill At Vanguard Personality Of The Year Awards

  • January 26, 2023

    Why I can’t marry an actress – Kelvin Chizzy, Filmmaker 

  • January 26, 2023

    ‘How sex scene with Jim Iyke almost got me expelled from Uni’ – Lilian Afegbai

  • January 26, 2023

    Austin Faani wonders why actresses are not supporting Funke Akindele’s Deputy Governorship ambition

  • January 26, 2023

    Why I’ve never been married – actor Charles Okocha

Follow us