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By Arar Romorosa July 24, 2022 In Business

The 13 steps to start a business

Starting a company is exciting because starting a business idea and having it lead to success is rewarding and self-fulfilling. However, it is not always easy to do this, especially if you do not have specific training in this area.

A good idea does not guarantee success, because it is important to balance the accounts, to understand the client’s needs, to have a good communication with him, etc.

Steps to create a business
1. Be skilled and educated
2. Create a realistic business plan
3. Create a budget
4. Think about the customer
5. Research the competition
6. Find out about help for entrepreneurs
7. Start the company and don’t lose hope in the bureaucracy
8. Think about communication and marketing
9. Don’t forget the digital world
10. Think about human resources
11. Measure results
12. Money is not the most important thing in the initial sale
13. Don’t rush to grow up



Steps to create a business
If you are thinking of creating a company, in the following lines you can see the steps you must follow to be successful in doing so.

1. Be skilled and educated
First of all, it is necessary to remember that even if you have a very good idea, Starting a business may require knowledge that is often not taught in your specialty. For example, if you are a psychologist, in the race they cannot explain how to do it. In these cases, you need to inform yourself. You should know that there are many courses for entrepreneurs that can be very useful.

2. Create a realistic business plan
Having an idea is great, but not all ideas can survive. If you want your business to be successful, you need to have a realistic business plan, and for this you must be honest and sensible. A business plan will help you know where to go, and what you must do to make your business work.

3. Create a budget
You also need to make a budget and should be realistic to avoid disappointment. Not everything is profit in a company and, logically, if you spend more than you earn you have to close. A good tip is to emphasize your costs and downplay your benefits. Maybe that way you will be alert and not take risks.

4. Think about the customer
Your idea seems good and seems viable, but it is important that you think about the client, and knowing what you want, when, how and how much you will buy or use that service is very important. Don’t just think about what you want the business to be, because the client will let you know whether or not they are interested in what you have to offer.

5. Research the competition
But you should not only think about the client, but also about the competition. Analyze if it is excessive or if a competitor does things well. You can provide you with very important information for your business. It is good that before starting a business you conduct a SWOT analysis. Below you will find a video explaining how to do this.

6. Find out about help for entrepreneurs
You will definitely need to make a big investment, because no matter how good an idea is, it should also be economically viable. If you don’t have a large amount of capital, find out about the aid or aids provided by both local and state institutions. In addition to grants, you can go to investors to see if they are interested in your product or service.

7. Start the company and don’t lose hope in the bureaucracy
Do not give it more laps … and, start the company! Once you are clear, you can take a step forward. Today, starting a business can be stressful, because you have to fill out a lot of paperwork, pay fees and taxes and, in addition, be aware of bureaucracy.

You must request the NIF, register with the IAE and be self-employed, you must choose a legal form and determine the type of company you will create (public limited company, limited company, cooperative, etc.), register the company in commercial register, registered patents and trademarks … So do not lose hope, you have to go through this step.

8. Think about communication and marketing
Once you have established the company, you need to send your services to the client. Communication and marketing are 80% of the success of your business, so you should not forget their importance.

  • Learn the ideas of Emotional Marketing: reaching the heart of the customer”
  • And if your company is related to the Psychology sector, you need to read this post: “Marketing for Psychologists: 5 ways to reach patients”

9. Don’t forget the digital world
Don’t forget that the digital world dominates today, so if you want to be successful you must use it to your advantage. Create purchase a domain, hire good hosting, and create a website and a blog, which is a great way to contact your potential customers.

  • In addition, you should work on branding as we explained in our article “Personal brand for psychologists on the internet and social networks”
  • 10. Think about human resources
    If you want to have workers, you must be up-to-date in terms of human resources management. If you don’t intend to hire employees because you can’t afford the cost now, use other non-financial techniques to acquire talent. For example, if you are a digital magazine, you can hire editors in exchange for advertising.

    •  Measure results
      If you want your company to be successful, measure results and analyze them. This is the best way to see what you are doing right and what you are doing wrong. As I mentioned before, the digital world is very important today, and at this point, social networks can give you feedback. That is why it is important that you move into this environment because it allows you to know whether your product is liked or not.

    12. Money is not the most important thing in the initial sale
    You might want to make money in your business, which is important for everyone to run smoothly. However, in the initial stages of your business, it is important that you pay special attention to your client so that they feel satisfied and retain them. They say that the customer is always right, and even if it isn’t always, it will determine the success of your business.

    13. Don’t rush to grow up
    The illusion of having a business can lead you to want to grow quickly, but thinking like this can also cause disappointment if your expectations are not met. Be careful to have a solid foundation and appreciate small achievements because increasing step by step and month by month is a big success.



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