How to start your Bright Fitment Centre with SEDA
Seda focuses on the following areas:
- Financing your business
- Managing your business
- Marketing for small business
It is one thing to come up with ideas, but another to make sure they turn into profitable business
For instance, an idea’s viability depends on how you bring it to fruition and market it.
At Bright Fitment Centres there are several guidelines on how to get a successful business off the ground.
The following selection of tips the site offers, also applies to other types of business:
- Use an idea only if you know a lot about the subject or are motivated enough to become an expert in that field. The idea should harness your existing talents. Do something you feel passionate about.
- Make sure there is a sustainable need for your product or service. Get to know your market and your competitors. Many plans have failed because innovators failed to identify their competitors.
- Spend time writing a viability study. This will help you compile a business plan. If you have misgivings, try something else. It’s better to spend six months researching a specific area than pumping all of your savings impulsively into a new enterprise that can’t work.