How To Start Your Business Step By Step

You can use this guide as you see fit; however, to get the most out of it, we recommend that you read it all the time, from step 1 to step 20, and then read more carefully each level, as you apply it.

As for the order of the steps, it is established in such a way that the steps are easy to follow; however, it is only referential, and it may be the case that you have to change it (for example, perform step No. 10 before No. 9), depending on your circumstances, but also on your preferences.

Also, each step is summarized in such a way that the guide can be quickly read. If you want more information about a certain level, you can visit the different links that you will find in each of them, which will lead you to articles where you will find more information on the subject.

Go to company directories or sites dedicated to entrepreneurs on the Internet where you can get ideas that inspire you.

Identify a product or service that others already provide, but that you could add something that differentiates you from them or make it better.

Think of a product or service that others do not offer and that due to its novelty and innovation could create a new need in consumers.

Find A Business Idea

If you already have your business idea, that is, you know what business you are going to put, you can move on to the next step, but if you still do not do it, the first step to start a business is to find a business idea.

Some Ways To Find A Business Idea That You Can Use Are:

But whatever the case, it is advisable that you choose a business related to what you consider to be your passion in life, since only then you can have enough motivation to get it out despite all the difficulties you may encounter in the path.

Evaluate If The Plan Could Succeed

Before going further, it is recommended that you conduct small and informal market research that lets you know if your idea could be successful, that is, and that allows you to have a preliminary design of the feasibility of your business.

To do this, you could visit places where products or services similar to the one you are offering are offered, and analyze if there is enough demand for them, or see how many related businesses you think you create, and explain how competitive they are.

You could also choose to ask your family and friends for their opinion about your idea, or make a quick estimate of the resources and knowledge you would need to put it into practice, and analyze if you have them or can acquire them.