12 Ways to Start a Business Suitable for Beginners
It's Never Too Late
to Start a Business. Even if you are no longer young and have only recently
been able to save up capital after working for many years, you are still very
much able to start your own business. What's important is to keep having a
learning spirit and don't give up easily.
In this article, we
will discuss the best ways to start a business for beginners. At least there
are 12 ways we can do to build a stable and successful business. It is hoped
that after reading this article, your courage to start your own business will
increase even more. Read the full review below.
How to Start a
Business for Beginners Starting a business may seem difficult for some people.
However, as long as you understand the right way, you can start a business
smoothly. Here are 12 ways to start a business for beginners:
1. Choose a Business Field You Like
and Know
The first step is to
choose a business field that you are interested in and like. This is because we
will find it difficult to succeed if we don't like what we are doing. Also make
sure you have enough knowledge about the business field you have chosen, as
this will affect the next preparation steps and the future of the business.
2. Focus on One Business
It's best to focus
first on one business opportunity. We may dream of becoming a seasoned
entrepreneur with many different types of businesses and branches everywhere.
But the majority of top-notch entrepreneurs also started in one field first,
before expanding the business and spreading their wings.
3. Learn About the Chosen Field of
Business
After determining
what field of business you will engage in, we need to fully study that field.
Conduct market research and research the products or services that will be
offered.
This research is
useful so that we can produce high-quality products and services. Research also
allows us to minimize product/service shortcomings in the future.
4. Create a Business Plan
The research
materials obtained can serve as a guide for us to create a business plan. This
business plan is important so that we can run the business well, neatly, and
with focus. The plan includes budget, location or business location selection,
how to run the business (offline or online), target market, and so on.
5. Ensure Adequate Business Capital
While making a
business plan, we will also find out whether the capital we have is sufficient
or not. Make sure to choose a type of business that can be supported by the
capital you have. If the capital is insufficient, there is no need to force
yourself to start a business that is too large.
6. Strengthen Non-financial Capital
and Relationships
In addition to
financial capital, we also need to strengthen other capital such as networks
and relationships. Networks and relationships are important to support the
sustainability of our business. With the right networks and relationships, we
can benefit such as getting high-quality raw materials at a cheaper price,
easier distribution to certain areas, and so on.
7. Identify the Advantages and
Uniqueness of Products
In the business
plan, we also need to identify the advantages and uniqueness of our products or
services. These advantages and uniqueness will be highlighted in our promotion
and marketing later.
8. Prepare an Effective Promotion
Strategy
Continuing from step
7, we need to prepare an effective marketing and promotion strategy. Promotion
is needed so that our products and services are known by as many people as
possible, so we can find potential customers. Choose the right promotion
channel according to the target market and segmentation that has been
determined in the business plan, whether it is through online or offline
promotion.
9. Prioritize Credibility and Brand
Image
Since the beginning
before starting a business, we also need to commit to prioritizing good
credibility and brand image. Credibility and brand image are important to build
and increase consumer trust in our products and services, so that they are
willing to continue using these products and services.
10. Build Good Relationships with
Consumers
Treat customers not
just as buyers who give money to get our products or services, but also as
'partners' whose needs must be met. If a good relationship has been established,
customers will tend to be loyal and continue to use the products and services
from our company.
11. Managing Finances Efficiently
While running a
business, don't forget to manage finances carefully to avoid losses. This can
be done by saving on operational costs and investing profits in things that
support the running of the business, instead of enriching yourself.
12.Evaluate Your Business
The last important
thing to do in business is to always evaluate the business. Identify the causes
if there are any shortcomings or complaints related to our products and
services, and then make improvements. Sometimes, poor management can harm the
business, but don't give up. Entrepreneurs can still evaluate to avoid the same
losses from happening again.
What Business Never Dies Out?
Every business has
the risk of losses and fewer customers, even businesses that look very
promising. However, there are some types of businesses that are theoretically
never in short supply because their demand in the market is always high, not
affected by the era or trend. Here are some lists of businesses that are
predicted not to die out, quoting the e-book "21 Profitable Business
Ideas" by Enta Hermaily on the academia.edu website.
1. Clothing Business
Clothing is one of
the primary needs and almost everyone wears it. That's why the clothing
business is a promising business. Especially if the entrepreneur can offer good
quality clothing at an affordable price. Some companies choose to create or
follow trends in this business, and those trends may be outdated. However, in
general, the clothing business is not expected to die out.
2. Women's Bag
Business In addition
to clothing, women also typically have to wear bags everywhere. There are
various unique and elegant models on the market. Seeing the continuously high
demand, the women's bag business is also predicted not to ever die out.
Especially since there are always new models and new trends released by
entrepreneurs in this industry.
3. Travel Agency
This business was
actually greatly impacted during the pandemic, where people could not travel
freely anywhere. However, it cannot be denied that the travel agency business
is still in high demand. Especially after the situation returns to normal,
people can travel again anywhere. The travel agency business becomes one of the
promising businesses that are predicted to remain busy, except in emergency
conditions.
4. Cosmetic Business
The next product in
high demand is cosmetics. Because of the high demand for cosmetics, especially
among women, the cosmetic business becomes a wet ground in the business world.
Especially now, social media culture influences people to pay more attention to
their physical appearance.
5. Laundry Business
With the increasing
busyness, many people do not have time to wash their clothes themselves. That's
why more and more laundry businesses are emerging. This business is expected to
not decline as more and more people choose to wash their clothes to laundry
services rather than bothering to wash themselves.
6. Food Business
Food is also a basic
necessity like clothing, it cannot be separated from human life. The food
business is one of the business sectors that will not be quiet because everyone
needs to eat and look for food. The scale of the food business is also diverse,
ranging from simple ones like stalls to those specifically for jetsetters and
the upper class.
7. Snack Business
Almost the same as
the food business, the snack business also operates in the culinary field. The
difference is that this business serves lighter food. Snack businesses such as
fried foods or wet snacks are predicted to remain crowded because of the high
demand and from various social classes and ages, ranging from children to the
elderly.
9. Property Business
Although property
prices are getting sky high, it cannot be denied that the demand for this
business continues to increase. Especially for residential homes, which is one
of the primary needs besides food and clothing. The property business is
expected to not be quiet, only there is a possibility of a decrease in demand
due to recession or weakening of the economy. However, as long as the economy
is good, the demand for property is expected to remain high.
10. Shipping Service Business
The need for
shipping is increasing day by day, especially with the formation of the online
shopping culture. Can you imagine how many shipments occur every day, both
domestically and internationally? This business is very promising and is
expected to become more crowded, no matter how much shipping costs are rising
due to the increase in fuel prices.
That is the
explanation of how to start a business for beginners and examples of businesses
that will not be quiet. Hopefully it is useful for those of you who want to
start your own business, detikers.
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