Thursday 11 September 2014

Top 6 guidelines in order to shine in your business!

Over the years different types of business have come up and many more are lined up. While setting up a business there are many things that need to be considered. For me, when I decided to set up a business the first thing that I considered was my passion. Which industry would I like to join; did I have it in me? Will I be able to sustain? – All these questions came rushing to my mind. After much thought and calculation I decided to set up a mobile Alcohol testing service centre. Before setting up the centre I did a thorough research so that I knew the business in and out. From my research I learned that the following guidelines are applicable in case of any business. In short they can be termed as the golden rules that one should follow whenever they decide to set up a centre.

·         Licesence: no matter whatever type of business you are starting you need the license or the relevant documents that will help you ensure that your business is legal and on track. Without the proper documents there is no legality of your business and you can be challenged at any point of time by those in the authority.

·         Infrastructure: do you have the required set up? Without the proper infrastructure you cannot take the next step. Say for example you want to set up an IT company, if you don’t have a computer and internet connection how can you expect to run the business? In my case it was the right equipments that will help me to carry out the testing.

·         Rules and regulation: what about the prevailing rules and regulations of the place? When I decided to set up the San Diego Mobile Alcohol Testing I had to seek permission from the police and the other relevant authorities and furnish them with all the relevant documents. Only when I got the green signal from the concerned parties did I go ahead and set up the business.

·         Trained professionals: no business can run on its own. Beside yourself, you will need few professionals who know the tricks of the trade and will look after the business in your absence. You cannot expect to run a one man show. So make sure that you hire experienced professionals who know the difference between chalk and cheese.



·         Capital: and finally you should have that financial backing that will help you move ahead. If you face financial strains within a few months of set up then it will act as a hindrance towards your company’s growth. So be ready with a steady cash flow. 

·         Patience and self belief: No business shines over night. So you need to have that patience and belief in yourself.

The top 6 guidelines if followed are sure to reap the desired results in the long run. So go ahead and make sure that your commitment and dedication towards reaching your goal does not falter.