Tuesday 5 January 2016

Digna Love - Starting Your Own Business

You need to be aware of what it entails to start and run a business if you want to be successful. Digna Love owns a jewellery making business and she wants to use her experience to help other prospective business owners. She believes that the key to grow and succeed in business is to invest adequate time into proper planning.

Digna LoveEvery business venture starts with an idea. You need to first come up with a solid and realistic idea that can turn into a product or service. You also need to conduct a personal evaluation. You need to know why you want to start a business, the skills that you possess and how much capital that you have to risk.

Get adequate information about the business you want to venture into. Conduct a market research to determine the products that are already in the market, the pricing, and the key players in that business sector. Go out and speak with people that are already working in that sector and read industry magazines and news sites. Furthermore, test your product and services and make necessary changes until you are sure that there is a demand for it.

Develop a solid plan to guide your business. A good business plan will help you to determine how much capital you need to start, what you need to do and where you are headed. You also need to set realistic goals and make informed projections.

Finally, register your business and get fund to start the business. Obtain necessary business licenses and permits and any insurance you may need for your business.

Digna Love is the owner of Love and Sunshine. She makes jewelries with gemstones, crystals and fine metals. She believes that anybody can be successful in business.