See tips to starting a small business
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Starting your business is stressful and quite demanding; however, there are some helpful tips to help ease the process to a reasonable extent. Jumia Travel, the leading online travel agency, shares 6 helpful tips for starting a small business. 1. Have Plan to Execute Your Idea It’s not enough to just have a great idea for your business, you need to develop that idea and you need a plan to do that. You should first develop a business concept, then from there you write a solid business plan to guide your development of the business concept. The business plan is a very essential tool for bringing your business idea to life and presenting to potential investors for help in setting up your business. 2. Establish a Budget A budget is essential for efficiently managing your financial resources. It is necessary to first do some research to find out about the standard cost factors within your industry, then develop a budget to run your business based on th...