5 STEPS TO BECOMING SELF-EMPLOYED

How do you go from employee or jobless to self-employment?

Self employment is one of the best achievements that one can accomplish.Many people around the world always want some income to come from an enterprise that they can call theirs.

 In this post,am going to guide you step by step on how you can start and run your own enterprise until it can pay some of your bills. Am going to summarize everything to only five steps that are very effective.You need to follow up-to the end for full understanding,and now lets get straight to how u can checkmate your desire to reality.

THE FOLLOWING ARE FIVE STEPS YOU NEED TO ACHIEVE YOUR OWN PROFIT MAKING EMPIRE

1.Personal evaluation

Begin by putting into consideration what you are good at and to what extent or perfection you can perform.Does what you want to do have a market at your present geographical niche?

The key considerations you need to take in self evaluation are;

  i.Where to sell your service or product

 ii.How much money you are willing to risk

iii.What do you love doing so much that you would like to do everyday

If you have no ideas on what you love or want to do ,this is what you can try for new ideas;

  i.Walk around street and see which business catches your eyes

 ii. Google on the best ideas you have had before and try to be creative

iii. Go to trade exhibitions

Try to look for something that is interesting to you,that utilizes your skills,that is not expensive and that has potential of growth.

2.Analyse the business

After coming up with the idea that matches your goals and lifestyle ,this is the analysis that need to run through your head;

 i.Who will be your competitors?

ii.Who will be your customers?

3.Draft a business plan

For a proper and stable business plan that will enable you not to face any challenges after startup,you need to ask yourself the following;

  i.How much money do u need?

 ii.What shortcomings to be on the lookout for

iii.Period before profit making

This are the key points to help you move from startup level to a stable business level.

At this level make sure you get financed after knowing the total amount that you need.

4.Set up your business premises

Look for a shop or building that will be suitable for your kind of business.

Negotiate on the lease amount.

Decorate the premises to reach you expectations

Throw a grand opening to make it known what you do

5.Start the business

This is the final step you need to undertake to real the goal.

Trial and error will lead you to prosperity in the business by ensuring you venture in all corners of your kind of business field.

              congratulations towards creation of your business empire.

@ardent_nm