How do you make a business?


Quick Answer

To start a business, find a product that is high in demand, create a business plan, seek financing, register the business, find a location, and embark on a marketing campaign. The amount of necessary capital depends on your business model.

Continue Reading

Full Answer

  1. Conduct research

    Find sources of inspiration to know what type of business you want. Do research once you form an idea by identifying a need in the marketplace. Learn about such things as competition and demographics.

  2. Formulate a plan

    Write a business plan to identify such things as your goals and marketing strategy.

  3. Seek financing

    Write a formal business plan if you wish to attract investors. Apply for small business grants, and seek a small business loan if necessary. Use as little capital as necessary to start the business if you are unable to attain financing

  4. Choose a business type

    Choose a business structure that suits your business, such as a limited liability company corporation or sole proprietorship. Choose a name for the business, and register the name at your local county. Register a domain name if you wish to conduct online business.

  5. Attain permits and licenses

    Apply for permits and licenses that coincide with your business.

  6. Establish a location

    Choose the location type, such as a home office or retail center. Place any equipment or products at the location.

  7. Market your business

    Create a marketing plan to attract clients or customers.

Learn more about Managing a Business

Related Questions