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  1. #1
    Junior Member
    Join Date
    Jan 2013
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    15

    Business begins with an idea

    Every business plan conceived by someone initiates from an idea. The person who thinks of the idea and capitalizes on it by turning into successful business has absolute custody of the idea. The 2 most important rights enjoyed by the idea initiator are safe guarding and practicing it at own will. But as a new entrant in the market, one has to take baby steps. Hence starting a small home based business may be a good way to let the new business grow and develop. Sometimes when the business grows to an extent which becomes unmanageable the entrepreneur sells the idea to bigger corporations for a high price.

  2. #2
    Registered User
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    Feb 2013
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    I believe proper planning is essential too, and do it with passion, I mean just love what you do to ensure success in the business.

  3. #3
    Registered User GardnerBulkeley's Avatar
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    Aug 2009
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    791
    Quote Originally Posted by stephendahlberg View Post
    Every business plan conceived by someone initiates from an idea. The person who thinks of the idea and capitalizes on it by turning into successful business has absolute custody of the idea. The 2 most important rights enjoyed by the idea initiator are safe guarding and practicing it at own will. But as a new entrant in the market, one has to take baby steps. Hence starting a small home based business may be a good way to let the new business grow and develop. Sometimes when the business grows to an extent which becomes unmanageable the entrepreneur sells the idea to bigger corporations for a high price.
    Every business begins with an idea, a vision which is then developed by the business owner. And it is worthless to simply sell it to a bigger competitor or organization just when you are about to get the real benefits of your hardwork.
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  4. #4
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    Every business begins with an idea, but realize of this idea needs a good budget. If you really want to run a stable business, you must have a good budget for it.

  5. #5
    Senior Member
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    Jun 2013
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    Every business begins with research, planning, capital and a spark of idea, mistakes tend to happen during the process but we learn and improve from it. What I think that is when you start your business, you must be passionate and strive until the end.
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  6. #6
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    Jul 2013
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    I think Entrepreneur plays important role in gaining the idea about the business. I love the idea of making a lot of the money through online just selling one thing.

  7. #7
    Registered User crescendo's Avatar
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    Sep 2012
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    India
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    The characteristics of a promising business idea are:
    Fulfills a customer need
    Innovative
    Unique
    Clear focus
    Profitable in the long term

  8. #8
    Registered User
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    Jan 2015
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    3
    Yes I agree with you business planning is necessary for the its success. everything is include in planning like accounting, tax and most important Financial. So contact to a best business planning experts for your business from Caro & Associates, LLC.

    Contact Details :
    Email: info@caroandassociates.com
    Website: www.caroandassociates.com

  9. #9
    Registered User
    Join Date
    Oct 2021
    Posts
    71
    How do you start a business with an idea?
    The Crucial Steps for Going from Business Idea to Launch
    Talk it Out with Trusted Allies.
    Research the Market.
    Draft a Business Plan.
    Build a Prototype.
    Raise Funds.

  10. #10
    Senior Member
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    The best hosting plans are available form libertyvps.net and planethoster.com.
    No matter what time of day I have ever had to contact technical support with a query, they've always responded quickly and efficiently and never let me down.

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