Tuesday, November 13, 2012

Do’s and Don’ts in a Start-Up Business | Luke Roxas

Life in the Philippines is getting harder and harder as the years go by. Majority of us go to work in the corporate world to sustain a descent living. For those who have the dream of earning big, opening up a business will be the way to go. But businesses have their respective risks, as one would be required to shell out a certain capital with no guarantee that the target market will buy the products or services. Nothing beats a good head start for any business venture; risks will be minimized and opportunities will multiply. So here are Do’s and Don’ts that can be beneficial for a business start-up.

Starting your own BusinessTHE DO’s

DO know what you want and go for it. It is always difficult to have a blurry target as you will almost miss the target. Plan clearly and shoot!

DO limit your liability to your investment. Make sure you have a contingency fund within the business finances and as much as you can never shell out personal finances.

No comments:

Post a Comment