The dream of most entrepreneurs is to start profitable businesses that give them fulfillment and help them earn a respectable income. In this video, I shared a comprehensive step-by-step guide to starting a business. Watch it here and subscribe to our channel.
Starting a profitable business is very valuable for the entrepreneur. For you to start a business and succeed in it, you need to know the right way to start a business. There’s a process to starting a business. If you follow the right process, your chances of success as an entrepreneur will improve.
However, the truth is that starting a business in Nigeria or anywhere else is not all roses and sunshine; you may encounter a lot of difficulties when trying to start your business. This is why our platform – Entrepreneurs.ng exists to help entrepreneurs start their businesses. We inspire, inform and educate the entrepreneur. Our education is done through our paid and free resources. Our paid resources for entrepreneurs can be gotten from our resource center.
This comprehensive step-by-step guide to starting your business will ensure you run a sustainable business.
- Choose a business idea
- Conduct market research
- Create a business plan
- Decide on the business legal structure
- Choose a business name – We have a video that treated this topic in detail.
- Apply for licenses and permits
- Open a corporate bank account
- Build your team
- Grow your business
We explained each of these steps in detail in the video. Our goal is to raise a new wave of entrepreneurs who will start and run businesses; businesses that will create jobs and improve the economy.
Starting a business anywhere in the world can be challenging especially if you are starting in Nigeria. It could be complicated and tiring especially due to the Nigerian system. However, if you follow the guidelines detailed in this video, you will be well on your way to starting an amazing business.