7 essential tips when starting a business
The Senior Manager of Itqan Center of the Commercial Registration and Licensing Sector in the Economic Development Department said
Dubai, Jassim Aqeel, there are seven basic tips when starting a business in Dubai,
Pointing out that there is no ideal formula for starting a business, but the best business advice
It is the need to think in a new way, and to make decisions smarter and earlier.
He added that when starting a business, the entrepreneur should think about it. As a car driver,
That is, he makes his mind control the steering wheel, pointing out that in this way the investor can reach the path of success. Okeil outlined the basic tips when starting a business as follows:
1- Don't make anxiety a title: There are a number of individuals who dream of becoming entrepreneurs, but they don't, putting fears and excuses for failure, from money to time to responsibilities.
2- Understand everything: Listen to what other friends, family, experts, even yourself have to say. Start by writing notes and developing detailed ideas about the project idea.
3- Don't ignore the power of advice given by experts and business owners because they know Market conditions.
4- Think about solutions, because it's easy to get a customer base when starting your business, but your business should offer a solution and services in the market.
5- Keep the idea simple, so you end up giving a costly end product when you buy it.
6- Try to focus on a small scale, learn how to choose your business idea or create a simple and good service, so that it delivers on promises to customers and exceeds expectations.
7- Calculate all the necessary costs at startup, as there are costs to consider, including location, rent, supplies, marketing, and more. And don't forget your personal budget as part of the project.
