Build your business

Building a business is not an easy task. There are many things you need to do and know to organize and maintain a successful business. Money matters, and  we live in a country where the law of business is developed to be an important part of our society. Therefore you need to be prepared legally as well. Nevertheless, always keep in mind how you are going to sell your product. 

Do not think that because your business is small you are at a disadvantage? Actually, it's an advantage! Because you're small, you are flexible, and you can quickly adapt to market changes. Here are some start-up elements you need to consider before you can launch a successful small business.

Organise your business

• How will your business get things done?
  
• Who does what?
• What is the structure of your business?
• How are tasks divided?

Create your image

• Marketing: How will your customers locate you and your business?
  
• Do you know where your customers are? Have you designed a plan to find and maintain customers?
• How will you keep track of your competitors?
• Do you have a good strategy?

Manage your money

• Where will your money come from?
  
• How will it come in and out of your business?
• Will you invest back into your business?
• How much cash do you need to operate and pay expenses?
• What profit do you expect?

Legalise your business

• How will the legal system in your country affect your business?
  
• How can you protect yourself and your business ideas?
• Do you know your government departments, local tax, and employment law?