25 Critical Steps to Start a New Business

Do you want to start a new business?

Consider these hints

25 critical steps to consider before starting a new venture

1. Deciding to do business
2. Analyzing your strengths and weaknesses
3. Correcting your weaknesses by getting appropriates formal or informal training
4. Analyzing business constraints
5. Choosing the type of business to do
6. Perform market survey
7. Choosing business form
8. Choosing business location
9. Choosing the technology
10. Purchasing machines or equipments
11. Business registration
12. Writing the business plan
13. Financial planning
14. Technical knowhow
15. Power issues
16. Machines or equipments installation
17. Staff recruitment
18. Raw material planning
19. Production or business start up
20. Patent, licensing and copyrights issues
21. Business security
22. Selling stage
23. Market research
24. Business/production monitoring and supervision
25. Business evaluation

I will come soon with details for each step

Swahili version is available, for those who need please contact me.

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