When we want to start a business, what should we prepare first?

Starting a business is an exciting and potentially profitable step, but it also requires careful preparation. Here are some steps you need to prepare when you want to start a business:

1 . Business Ideas:
* Determine a business idea that suits your interests, skills and existing market potential.
* Conduct market research to understand whether there is demand for the product or service you offer.
* Evaluate the potential profits and risks associated with your business idea.

2 . Business plan:
* Create a business plan that includes short-term and long-term goals, competitor analysis, marketing strategy, and financial projections.
* A business plan will help you have clear guidance on the direction of your business.

3 . Financing:
* Determine how you will fund your business. Will you use your own capital, look for investors, or get a loan?
Make an estimate of the initial costs required to launch your business and ensure you have sufficient sources of financing.

4 . Legal Structure:
* Determine the legal structure of your business, such as sole proprietorship, partnership, or limited liability company.
* Register your business according to the regulations and laws applicable in your area.

5 . Licensing and Business Permits:
* Check whether your business requires any special permits or permits according to the type of business you run and your region.
* Make sure you meet all legal requirements.

6 . Business Identity:
* Choose an appropriate and unique business name. Make sure the name is available and legally usable.
* Register your business name if necessary.

7 . Marketing and Branding:
* Create a marketing plan to promote your business.
* Consider a branding strategy and create a strong brand identity.

8 . Product or Service Development:
* Develop your products or services carefully, ensure they meet customer needs, and are of good quality.
* Conduct product trials if necessary before launching them.

9 . Financial plan:
* Create a financial plan that includes projected revenues, costs, and profits.
* Consider how you will manage your business finances, including bookkeeping and tax planning.

10 . Team and Human Resources:
* If you need a team, hire people who have the appropriate skills and experience.
* Determine the organizational structure and duties of each team member.

11 . Infrastructure and Technology:
* Make sure you have the necessary physical or technological infrastructure to run your business.

12 . Business Launch:
* Determine your business launch date and prepare an effective launch strategy.

13 . Legality and Legal Protection:
* Make sure you have clear contractual agreements if you partner with others or hire employees.
* Consider legal aspects such as trademark protection and intellectual property rights.

14 . Insurance:
* Consider the types of insurance you may need to protect your business, such as fire insurance, general liability, or health insurance for employees.

15 . Evaluation and Continuous Development:
* Once your business is launched, continue to evaluate performance and make improvements if necessary.
* Consider steps for long-term growth of your business.

Starting a business is a process that involves many steps and preparations. Carrying out careful planning and careful research will increase your chances of success in the business world. Additionally, don’t hesitate to seek advice from business experts or consultants if you feel you need additional help.