Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

How to turn your business idea into a business? Be realistic.

user-image
Question added by SAHL HIJAZI , Purchasing Manager , BINZAFRAH GROUP
Date Posted: 2013/09/14
SAHL HIJAZI
by SAHL HIJAZI , Purchasing Manager , BINZAFRAH GROUP

How to turn your business idea into a business :

  1. Research your market - identify potential customers. Talk to them and find out if your idea is meeting a real need.
  2. Develop and plan - test your product or service with real customers, make changes, and test it again. Keep doing this until you’re sure there’s a demand for it.

  3. Find partners and suppliers - think about who you’re going to work with to develop and sell your idea.

  4. Set up your business - work out which legal structure is right for you, and whether you want to sell shares.

  5. Get funding - explore different sources of business finance, from bank loans to government-backed schemes.

More Questions Like This

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.