Infographic  | 14 steps to creating my business

How to create my business step by step

Everything you need to know and have in mind to be successful and not fail!

If you’re lost and not sure what you need to do to create your own business, you’ve come to the right place to clarify your ideas.

In this infographic, we show you what you were looking for, the 14 Steps to create my Business.

INDEX:

1. BUSINESS IDEA
2. LEGAL FORM
3. BUSINESS PLAN
4. BUDGET
5. BUYER PERSONA
6. CREATING THE COMPANY
7. PROJECT ANALYSIS
8. STUDY OF COMPETITION
9. HR
10. OPERATIONAL BUSINESS
11. COMMUNICATION AND MARKETING
12. METRICS
13. CUSTOMER SERVICE
14. PATIENCE AND MOTIVATION

1. BUSINESS IDEA

Establishing a business idea is vital from once you make the decision to create your own business. You will have to search for and analyze all kinds of alternatives to be clear about the business you want to start through a thorough analysis of the sector. 

2. LEGAL FORM

The next step is to be clear about and determine the type of business you want to create. The legal form will depend on the activity and the business sector.

3. BUSINESS PLAN

Making a business plan is important if you want to be successful, so you will have to make it realistic. This is the only way you can get an accurate projection. 

4. BUDGET

Another very important step is the budget. Making calculations, although it may be tedious, is the only way to estimate elaborate and precise costs, possible losses and profits.

5. BUYER PERSONA

Be clear about and define your buyer persona. It will be key to making you aware of the needs of your target audience and optimize future marketing campaigns.

6. CREATING THE COMPANY

This step is easy. Find a notary and make an appointment to officially register the company in the presence of all the partners.

7. PROJECT ANALYSIS

SWOT. Doing a SWOT analysis is very important when creating your own business, as you can analyze internal and external factors which may impact the sector.

8. STUDY OF COMPETITION

Monitoring and studying the competition. Never underestimate or neglect what your competitor is doing. It is very important to continuously monitor them in order to establish and take any necessary actions.

9. HR

Headhunting. In this point, we must remember that HR is a relevant factor. Incorporating top professionals and looking for talent is a determining factor in a business, even more so when starting a business from scratch.

10. OPERATIONAL BUSINESS

After all the previous steps, there’s nothing left to do but launch the business.

11. COMMUNICATION AND MARKETING

Don’t forget that developing a marketing communication plan is very important when starting to carry out communication dissemination campaigns. This is the key to success! 

12. METRICS

Controlling numbers. Don’t forget to measure and control the numbers of the business. Measuring the results of all the strategies will optimize your resources. 

13. CUSTOMER SERVICE

Giving importance and caring for a current customer is, at times, much more productive than trying to attract new ones. If you can keep a happy customer coming back, they will recommend your business to others and be the main key to attracting new customers.

14. PATIENCE AND MOTIVATION

Being an entrepreneur is one of the most difficult challenges in the whole process, but patience and motivation are two key day-to-day factors that ensure success

You may also like:

• Are Laundry Franchises Good Business Opportunities?
• 7 Ways to Efficiently Improve My Investment Skills
• Where to invest in time of crisis this - Covid19