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10 Incredibly important business basics EVERYONE needs to know BEFORE they start a business!


In my career, I have had a total of 3 businesses myself and a few others where I am in partnerships. Each time you start a business the basics are pretty well the same. Here are 10 things I believe are really important for anyone starting up a business....

1. Don't waste your dollars on things you don't need. This alone is one of the biggest reasons people go under. You simply won't need expensive office equipment, computers, phone systems etc when starting out. You'll be surprised at how well a computer of 2 years will perform in caparison to one that's brand new for triple the price! Be real with your $$$$. The basic here is that if it's not going to make money for you, build or protect your business then simply AND quickly look/walk away so you're not tempted to buy it - extravagance has no place when your starting a business on a budget. If you've got hundreds of thousands to splurge though, forget all of the above and go to point 2!

2. Develop a plan of where you wish for you AND your business to be this time next year. You will need to think about such things as a basic marketing plan to so you know what marketing you need to do to achieve that outcome. Starting and building a business is like building a house without the framework it's bound to crumble. Think of your business plan as your roadmap - without it you don't know where you're headed or how to get there. So take a couple of hours and give it some consideration, if you're serious about developing a successful business then I'm sure you can get serious enough to schedule some time in to do it.

3. Ask and get advise - this is huge! This one factor if not done or acted upon can send you under in a quick way! Ask professionals for help and guidance, they will steer you clear of known traps that you just won't know about starting out (I've learnt this one the hard way!). You don't need to be a hero and do everything, and think of everything, yourself. Hate to tell you this but, when you start out you DON'T know everything ok - so don't embarrass yourself by thinking you do, as the only one you'll fool will be yourself(indeed years down the track I'm still learning something everyday)

4. Make sure your business look is congruent. Have a business name that explains what you do so you're customers are buying or dealing from you rather than trying to figure out what you do. BEFORE you register the name, check that you can also get the website domain for it too. It's a real inconvenience and creates dramas for your customer AND you having to explain it to everyone! Colours, style etc need to be the same throughout your website, stationary, business cards etc

5. Hire right - if you are in the retail sector than hire a people person with personality plus over someone with the skills - you can teach practical skills such as taking money etc - but you can't teach people skills. If you need someone for accounts or admin where they aren't dealing with your customers then obviously the skills are more important.

6. Base your business on how you can add value to your customers. You'd be surprised how your business it will grow by suiting the needs of your 'ideal' client AND looking after them each and every time.

7. Know, understand and keep in contact with clients you WANT to deal with - it will not only make business more pleasurable for you and the clients will love dealing with you as you're always happy etc too - happy clients, more business, more referrals, less money spent on advertising and marketing!

8. Get organised - for goodness sake, NO ONE enjoys being stuffed around by someone always giving excuses for their mess, un-organisation, forgetting to follow through, not implementing, lack of communication, being late etc etc etc - get yourself some solid an effective systems to back you up in business so you can do it right EVERY time.

9. Work WITHIN your budget - never above it. It is disastrous to think "Oh we'll get more money in, it'll be right, or oh such as such is expected to pay this month" etc - it won't be - be conservative in your spend otherwise you will go under before you can blink! Don't sign leases or contracts on anything based on a projected income - you're playing with fire and you'll be busy enough without the stress and pressure of this to add to your lot.

10. Outsource what you're not good at or don't like. I'll admit it I do not enjoy any form of admin - yet I'm a perfectionist and need everything to be systemised so it frees me up to be creative. So instead of learning how to do accounts in MYOB and instead of procrastinating for days on filing etc (after I gave both a go time and again) it was easier, quicker and more productive for me and my business to outsource it to someone who WAS passionate about doing it. Not only do they do it in a fraction of the time - but they do it well because they love doing it!

Of course I could easily keep going on - there's always something you learn in business - however I'm sure these 10 will give you a great place to start...

And one more thing ENJOY what you're doing - if you're not, you're definitely in the wrong game and now is a good time to change careers!

Abundant Success To You!

Rachael Bermingham

http://www.marketingtosuccess.com
http://globalsuccesscommunity.com

This article may be printed in full with author contacts and details - please send your details to info@marketingtosuccess.com if you wish to use for our records.

This article was written by Rachael Bermingham, Australian business woman, international marketing strategist and entrepreneur.


Todays News by officejax free advertising and ad exchange solutionsMORE RESOURCES updated Sun. September / 27 / 2020
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Mexican migrants in US treat COVID-19 with home remedies - Xinhua | English.news.cn  Xinhua

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The 5 best home remedies for a sinus infection - Insider  INSIDER

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Myanmar: Suu Kyi urges people not to follow home remedies for Covid-19 treatment  The Star Online

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Home remedies for yeast infections that actually work — and which to avoid - Insider  INSIDER

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The 3 best natural home remedies for kidney stones - Insider  INSIDER

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5 home remedies to get rid of your dark circles the natural way  Lifestyle Asia

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Feeling under the weather? Experts say these home remedies may help you feel better  KSAT San Antonio

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Can home remedies help my sciatica?  Harvard Health

The best home remedies for asthma, like breathing exercises and natural herbs - Insider - INSIDER
The best home remedies for asthma, like breathing exercises and natural herbs - Insider  INSIDER

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Peppermint tea, ginger and others - 5 home remedies to give instant relief from bloating  Times Now

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5 easy and natural home remedies for cold and cough  Jagran English

3 easy home remedies for kidney stones - Times of India
3 easy home remedies for kidney stones  Times of India

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What is thrush in babies? Home remedies and prevention tips to keep your child safe from the yeast infection  PINKVILLA

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Home remedies that could do more harm than good  TheHealthSite

The pain gripped his left ankle. Within months, it ominously began to spread. - The Washington Post
The pain gripped his left ankle. Within months, it ominously began to spread.  The Washington Post

Turning Food into Home Remedies Is My Love Language - Bon Appetit
Turning Food into Home Remedies Is My Love Language  Bon Appetit

Malaika Arora's Home Remedies For COVID-19 - Kashmiri Kahwa, Ginger Powder And More - India.com
Malaika Arora's Home Remedies For COVID-19 - Kashmiri Kahwa, Ginger Powder And More  India.com

Bananas, aloe vera and other home remedies to manage diabetes in natural ways - Times Now
Bananas, aloe vera and other home remedies to manage diabetes in natural ways  Times Now

Prevent dehydration with these easy home remedies - The Indian Express
Prevent dehydration with these easy home remedies  The Indian Express

Home remedies for allergy - Times of India
Home remedies for allergy  Times of India

Indian government issues home remedies for COVID19 management - Times of India
Indian government issues home remedies for COVID19 management  Times of India

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5 home remedies to control blood sugar level  Times of India

Home Remedies for Ear Infection | US News - U.S. News & World Report
Home Remedies for Ear Infection | US News  U.S. News & World Report

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5 Simple Home Remedies to Relieve Body Pain  News18

Deal with damaged hair with our effective home remedies - TheHealthSite
Deal with damaged hair with our effective home remedies  TheHealthSite

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Best Home Remedies For PCOS: Five Kitchen Ingredients to Help Combat Polycystic Ovary Syndrome  India.com

4 effective home remedies to get rid of chapped lips - Times of India
4 effective home remedies to get rid of chapped lips  Times of India

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Want soft hands? These home remedies can surely help  NewsBytes

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5 Easiest home remedies for knee pain that will work wonders  India TV News

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Skincare Awareness Month: 5 Home Remedies For Flawless, Glowing Skin  India.com

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10 Trusted Home Remedies for Natural Anxiety Relief  MSN Money

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Home Remedies For Insomnia: Not Able to Get Enough Sleep? Know How Ayurveda Can Help  India.com

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Best Home Remedies for Back Pain: Advice From a Physical Therapist  Everyday Health

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5 quick home remedies for sore throat and other common cold symptoms  Times Now

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The doctor warned her mom not to fly. But since when did her mom take advice?  Houston Chronicle

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Home remedies for Hair Growth – The Island  The Island.lk

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Explained: Indigestion and home remedies to treat it by dietitian Nmami Agarwal  Times of India

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Use these 5 home remedies to hydrate the body  Times of India

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Mayo's Dr. Mark Wieland helping to address disproportionate impact of COVID-19 on minority groups  La Crosse Tribune

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Are you willing to try DIY dentistry? We review the at-home remedies to get your teeth stuck into  Daily Mail

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Here’s how to get rid of dark circles with home remedies  Asianet News Newsable

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Give Your Skin Some Love  Mumbai Mirror

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Kadha recipe: Bhagyashree credits this ‘home remedy’by mother-in-law that works magic on cold, cough...  Hindustan Times

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How to get rid of acne scars at home  The Standard

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5 health benefits of Mulethi - Use the Ayurvedic home remedy for dry cough, digestive troubles  Times Now

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Haircare: This Home Remedy by Bhagyashree Will Make Your Hair Softer And Stronger  India.com

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Try this easy dietitian-approved home remedy to manage your blood sugar level  Times of India

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Stomach Pain Due To Gas: Stomach pain due to gas, then these home remedies will give instant relief  Pledge Times

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Some remedies to try at home to remove scars  NewsBytes

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The eczema treatment in your kitchen cupboard - how to relieve your itchy skin at home  Express

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What is GERD and its home remedies by dietitian Nmami Agarwal  Times of India

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Get rid of unwanted facial hair in minutes, make this scrub at home  Pledge Times

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Having ghee with water can ease constipation. Here's how  Times of India

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Latinos disproportionately getting sick, dying of coronavirus | News  Lebanon Democrat

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8 science-backed home remedies to soothe coughing naturally, according to doctors - Insider  INSIDER

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This Easy Remedy Will Make You Forget Your Back Pain, Joint Pain  The Hans India

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9 clinically proven natural remedies for common ailments  MD Linx

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Remembering the Great Depression today  Times Union

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6 home remedies to relieve headaches naturally - Insider  INSIDER

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6 natural home remedies to get rid of nausea - Insider  INSIDER

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5 natural home remedies to get rid of cold sores fast - Insider  INSIDER

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5 home remedies to get rid of dandruff, including coconut oil and baking soda - Insider  INSIDER

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Home remedies for acne, according to a dermatologist - Insider  INSIDER

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5 of the best home remedies for acid reflux - Insider  INSIDER

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Not feeling well? Here are some practical home remedies  Houston Chronicle

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The 5 best home remedies for poison ivy, according to dermatologists - Insider  INSIDER

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6 home remedies for mosquito bites to stop your itch and provide relief - Insider  INSIDER

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Coronavirus home remedies: separating fact from fiction  FOX13 Memphis

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4 science-backed home remedies for allergies like nasal irrigation and certain essential oils - Insider  INSIDER

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5 natural home remedies for insomnia that can help you get better sleep - Insider  INSIDER

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11 Home Remedies for Glowing Skin and Mistakes to Avoid  Greatist

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No, garlic won't prevent COVID-19. These 'home remedies' and 'cures' just don't work  NorthJersey.com

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Myth-busting: Which of these DIY home remedies for coronavirus are actually effective?  KPRC Click2Houston

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Migraines: Home remedies that work, according to real people  KSAT San Antonio

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Dangerous Home Remedies for COVID-19  Everyday Health

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Many home remedies were good medicine — if you could survive the cure  The Mountaineer

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Old Fashioned Home Remedies; Health Care “Back Then”  WVTF

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COVID-19: Try these simple home remedies to treat a sore throat  Times of India

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Have a Cough or Flu (But Not Coronavirus)? Try These Home Remedies  OZY

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5 simple home remedies to fight cold and flu  Times of India

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Best home remedies for sunburn, according to dermatologists  TODAY

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The 17 Best Foods for High Blood Pressure  Healthline

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Home Remedies for a Stye  WTOP

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Listeners Ask About Home Remedies, Carry-Out Food and Warm Weather When Dealing with Coronavirus  WKSU News

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Chloroquine, home remedies are not the answer to treat coronavirus, experts say  TribLIVE

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Try these natural pain relievers as quick home remedies  The Indian Express

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5 home remedies to treat cold and flu caused by the sudden change in weather  Times of India

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Respiratory therapist says home remedies helped him overcome COVID-19  News 12 Brooklyn

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Cystic Acne Home Remedies: 7 Treatments to Try  Healthline

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Coronavirus: Indians seek ancient home remedies to boost immunity  South China Morning Post

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The 4 best home remedies to cure your hangover naturally - Insider  INSIDER

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5 natural home remedies to get relief from flu  Times of India

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Home Remedies for Fatty Liver: 10 Natural Treatments  Healthline

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From garlic to apple cider vinegar, five effective home remedies for ear pain  Times of India

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Home Remedies for Toothaches  WTOP

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Coronavirus Prevention: Make hand sanitizer at home using these three ingredients  Times of India

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Home Remedies to Treat a Mosquito Bite  wbsm.com

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Herbal Remedies and COVID-19: What to Know  Healthline

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5 natural remedies to relieve toothache  Times of India

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Jamaican Coronavirus Survivor Says 'Caribbean Home Remedies' Helped Him Beat COVID-19  Black Enterprise

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