Starting a Business..

Feeling an urge to do something worthwhile?

A simple question: Can I start my own business? The short answer is yes! But do you know and have what it takes to start a business?

Before we dive in to the nitty-gritty part of legalities in putting up a business, let's start with your idea first. What do you want to offer the market? What problems are you looking to solve? Most of us fail to think about these things before imagining how to bring products and services into life.

Conceptualizing is a good start in starting a business. Imagine your product, your branding, your company goals and business strategy. For those who aren't so corporate, put those Pinterest skills to use and make a vision board instead. Study the market and consumers. A simple way to do this is to check current businesses a.k.a. your competition in the industry and join online consumer communities. Once you have the idea captured, it's time to learn what skills you need to be able to start. Find out how to actually create the product. Do research and development.

Now the challenge begins. Let's say you got all the intangibles set, you have your concept. How do I turn it into reality? Focus on a single product or a small collection to first get your foot in the door. Having a focus gives you the chance to be able to test the waters before you fully dive in and it would also give you an idea what other products your consumers would like your business to have in the future. Focusing on a product would also help create a recognition for your brand. Something customers would instantly recognize as yours.

Nowadays it's hard to do something original because everything we do has already been done by others. So how can your business stand out? Offer value.

Value driven offerings has long been known to be an effective business strategy. Offering value means giving your customers a solution to their problems, whether it be convenience, price points or accessibility. Some businesses even start online communities to adapt to the digital customer care phenomena we are experiencing today and that is our goal. To help you start a business by sharing what we have learned through years of experience.

So can you start a business now? We say go! Next we'll share how you can Use Social Media to Build a Customer Base and How to Register a Business. Follow our social media pages to stay updated with our latest blogs.