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
    • Beauty Tukura: Living Her Beautyful Life

      May 30, 2023
      0
    • When creatives gathered for International Designers And Design Conference in Lagos

      May 24, 2023
      0
    • Fans Pressure: Celebrities Nightmare

      May 21, 2023
      0
    • Young Elder Gcfr: Bridging Comedy And Morals

      May 14, 2023
      0
    • Susan Esisi:The Skin Beauty Advocate

      May 7, 2023
      0
    • Debola Deji-Kurunmi: Unlocking Potentials

      April 30, 2023
      0
    • Shareefah Abiola Andu: Breaking New Grounds

      April 23, 2023
      0
    • I inherited fashion talent from my mum - PJ Prejoys Jolomi Gedu

      April 21, 2023
      0
    • Ituah Ighodalo: An Exemplary Life @ 62

      April 16, 2023
      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
    • Highlights from Fashions Finest Africa Epic Show… Day 1

      June 4, 2023
      0
    • When creatives gathered for International Designers And Design Conference in Lagos

      May 24, 2023
      0
    • Jay-Z and Beyonce purchase most expensive home ever in California

      May 22, 2023
      0
    • Agency refuses to hand over accident images of Prince Harry, wife

      Agency refuses to hand over accident images of Prince Harry, wife

      May 19, 2023
      0
    • Nigerian Chef Hilda Baci breaks Guinness World Record for longest cooking time

      May 15, 2023
      0
    • Why I Started Ada Goes To School…Ada Agwu Eme MBGN

      May 14, 2023
      0
    • International Designers and Design Conference 2023 holds May 20

      May 10, 2023
      0
    • Boy-child wellness takes centre stage as ISISD commemorates Boys Day

      May 10, 2023
      0
    • 'News of Queen Sekinat's illness false, Malicious' - Elegushi’s palace

      May 8, 2023
      0
  • Black mother of four fatally shot amidst racial dispute with neighbor

  • Actress Iyabo Ojo calls out Sanwo Olu over outrageous tax bill

  • Surprise as Kate Henshaw shares rare photo with daughter

  • Actress Seun Osigbesan now an ordained pastor

  • Sheer Elegance

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

  • HappinessRelationships

    Women need to be over-pampered-IK Ogbonna’s wife, Sonia

    November 30, 2018
    By allure1
  • Allure MagazineNews

    Bread-seller turned model, Olajumoke Orisaguna takes no offence at being referred to as ”dirt poor” by a South African Magazine

    May 15, 2017
    By allure1
  • Entertainment

    Actress, Taraji P Henson stars on Hollywood Walk of Fame

    January 29, 2019
    By allure1
  • Allure MagazinemusicNews

    Wizkid goes home with 3 Billboard Awards With Drake For ‘One Dance’ +full list of winner

    May 22, 2017
    By allure1
  • Allure MagazineNews

    World renowned athlete, Usain Bolt joins football team

    February 27, 2018
    By allure1
  • Allure MagazineEntertainmentmusicNews

    I’m not a quitter- Eva Alordiah insists she’s not leaving music

    August 22, 2017
    By allure1
0

  • Allure WomanCelebrationWeddings

    Actress Seun Osigbesan celebrates 8th year wedding anniversary

  • EntertainmentHappinessNewsRelationshipsTrending

    Uncle receives N90m Rolex watch from Davido after winning election

  • Allure MagazineEntertainment

    Is Ciara pregnant with twins?

  • 5312
    Followers
  • 12744
    Likes

Timeline

  • June 6, 2023

    Black mother of four fatally shot amidst racial dispute with neighbor

  • June 6, 2023

    Actress Iyabo Ojo calls out Sanwo Olu over outrageous tax bill

  • June 5, 2023

    Surprise as Kate Henshaw shares rare photo with daughter

  • June 5, 2023

    Actress Seun Osigbesan now an ordained pastor

  • June 5, 2023

    Sheer Elegance

Categories

Subscribe to our Newsletter

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

  • Recent

  • Popular

  • Comments

  • Black mother of four fatally shot amidst racial dispute with neighbor

    Black mother of four fatally shot amidst racial dispute with neighbor

    By joy onuorah
    June 6, 2023
  • Actress Iyabo Ojo calls out Sanwo Olu over outrageous tax bill

    Actress Iyabo Ojo calls out Sanwo Olu over outrageous tax bill

    By joy onuorah
    June 6, 2023
  • Surprise as Kate Henshaw shares rare photo with daughter

    By Temitope
    June 5, 2023
  • Actress Seun Osigbesan now an ordained pastor

    By Temitope
    June 5, 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

  • June 1, 2023

    Kunle Afolayan celebrates actress Aisha Lawal on ‘Anikulapo’ movie set

  • June 1, 2023

    Adedimeji Lateef lands role in Kunle Afolayan’s ‘Anikulapo’ series

  • June 1, 2023

    Actress, Lilian Afegba calls out Real Warri Pikin over second wedding to hubby

  • June 1, 2023

    Adunni Ade joins ‘The Women Kings of Box Office Filmmaking’

  • May 30, 2023

    The Winlos’ Blockbuster Film ‘Prophet Suddenly’ Now Streaming on YouTube”

Follow us