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Do you want to become an entrepreneur . But are you ready to compete? Jennifer Kushell, entrepreneur and author of the book Secrets of the Young and Successful, share 5 tips to make your business to survive and to grow.
1. Love your businesses
Whatever kind of your business , first you have to love it and believe that you have passion in the product or service of your business. For example, to open a restaurant business, you should know what person who likes this food and find a recipe for make more flavor food.
2. Make a test product
It seems trivial, but not a few entrepreneurs who didn't make a test market. For example, if you want to make cookies business, try to distribute free samples to people around you so you can get feedback as well find out if your product is worth to sell.
3. Ask for help
Do not hesitate to ask for make people to buy your products, such as deposit items at the fair. Remember that the promotion and success of the business from very closely related.
4. Prepare reserve fund
Not all direct business to be profitable. For example, the spa business takes 3-4 years before the break event point (return on investment). Therefore prepare a reserve fund.
5. Choose a good location
An accessible location and convenient still be considered a lot of people to come to your place. Because of it's location is one of the factors that are important in a business.
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