Small Business As We Do!

To relate the previous two parts; part I and part II which is associated to small business as well. However, this is brief connective among the two parts which explains in detail all the attributes associated and are mandatory for small business. As explain in part I the question is answered what is small business? Similarly part II is a elaboration who can do small business? 

Part-III

How to Start Small Business

Easiest way to start a small business is Just Start it. Yes, take a risk. Some times there is no harm in taking calculated risk. If you are feeling shy or hesitant in starting a business then you are not the one who can be an entrepreneur. Sorry but it’s a truth. Brave, bold and confident attitude is the first step to become successful entrepreneur. This does not mean that do things blindly but too much thinking will not take you anywhere. Think, Plan and Act.

Even most thoughtful businesses with well managed plans often fail. Doing business itself is a risky job but this is why entrepreneurs and businessmen enjoy their success because they reach their destination after taking many risks.

          Thinking and Planning a small business should have a checklist including;

      1. Evaluate yourself first

           2. Go for an idea.

           3. Get market feedback for the idea.

      4. Who will be your Audience.

      5. What kind of efforts will be required.

      6. What should be the minimum and maximum budget.

      7. Divide your plan in phases and milestones.

      8. Think for possible Partners.

      9. Set Goals with Timelines.

      10. Get Started.

Don’t get afraid from failure. Don’t think something small or something very big. Don’t think that what others will say. Those who are your well wishers will encourage you, even if you fail and those who are not will never feel happy even if you are successful so no need to waste time to think how others will feel. Think inside you and think what will make you feel happy. Your happiness will give you encouragement and motivation than anything else. Do what you enjoy and enjoy what you do.

Get it done!

Writer, Shahid H. Qadri is Founder, CEO of PNTGlobal.com, small business dealing in IT enabled services since last eighteen years.