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BUSINESS START UP CHECKLIST

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Starting a business?

So you have a great idea to start a business? Now you want to know how to get your business started?

Did you know that 60% of start ups fail? Why? Because they don’t plan. You cannot start a business in the hope that you will start tomorrow and next week you will be rich. In today’s market you have ample competition, business that have been in operation far longer than you and have customers who change their  demands every day.

With the height of the internet and more information available to customers, your new business will simply not succeed if not done properly.

A business can be defined as an undertaking, a trade, profession or commercial activity. A business can be for profit or for non-profit. In South Africa, we have the following forms of businesses