Business's main purpose is to gain profit and give good service to the customers. Requires a wide perspective in the industry. If you are planning to run a particular business this is the place where you can get advice and guides. Starting up a business is not an easy job, you must be knowledgeable and passionate to do it. Business has four form it can be sole proprietorship, partnership, cooperative, and corporation.
This type of business are all good for you, for a starter like you, I advice you to take the sole proprietorship. This is the business where you are the one who will manage, fund, and the one who have the power to control everything under your business.
This kind of business has pros and cons, the cons are you are the one who will be facing all the problems, you are obligated in all the decision making and planning on how the business will grow. Kinda tiring right? But this is very good for a starter because all the profit will go into you. And by this kind of business, you must be aware of what are the weaknesses and strengths of the business.
This action will make you knowledgeable to your business. Make sure of the business you will come up, i require you to do this things.
• you must be passionate to your business
• be aware on how to run your business
• evaluate everything
• do brainstorming in putting up ideas that's good for your business
• make sure that you have a good quality of service
These are the few things that you must do for your business. Of course business will not be created if you don't have a capital, make sure that your capital is enough to run your desired business. Business in a sense of gaining profit, don't put it in your mind that you must have more capital and run a big business immediately.
E.g the vendors at the streets and road; sells cigarettes and waters their earnings is above the minimum payment of a regular salary of a worker. Imagine that, you must be a hardworking person to do that kind of business. I hope that i did help you in a small way on my guidelines about starting a business. I'm still learning many things because I'm a student that is my perspective and observation on how to start up a business.