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  • Lisa L'Heureux

Starting A New Business

Businesses can be difficult to get off the ground. This is why it is important to do the homework and all the market research that is available. This is a necessary part of beginning a new business. Once the idea is researched and specifics are detailed, it can go forward. A start-up cost beaucoup dollars. It is good to have plenty of money at a fingers reach.

A good starting point would be to talk to immediate friends and family. Here, don't ask if they like your idea, because they will likely say yes. Be specific, would you buy my product etc., because, after all, they may be your first customers and your most important shareholders. What they want is important. Your ability to give them what they want is key.

Keep in mind, we can always get money, generally speaking. Don't be afraid to shoot for the stars. Often, the money comes after knowing how much is needed for the project. Many times, we can do our own work on things if there's a shortage of cash flow. It is better to have money to pay others to do the work that is necessary if you don't know how to do it. Then, you can work on what you are good at.

Essentially, don't give up unless you have done your research and have found there is no market for it. You don't have to give up then either, you can keep at it if you want. Sometimes something creates a market for itself due to the power of belief of the entrepreneur. Also, if an idea seems good to you and nobody else likes it, maybe it is not that particular ideas time yet.

Contact us here at Lisa's e-Store and More for Business Start-up Consulting!

asking friends and family about your business idea.

Ask friends and relatives for their input. Photo by Wix

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