Challenges of a start (1)
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Challenges of a start-up (a new business)
For many people, the establishment of the company is not a simple
thing, require that person to learn knowledge, understand the
procedures for setting up the company was required by law or have a
certain experience to be able to understand the business law. Besides
depending the type of company and business line has its own
regulations necessary for the complete process of incorporation
procedures.
Here is the difficulty when a company can basically that you will
encounter:
1.
Ideas:
The simplest questions when a company is your company doing
something? Fields produce or service? Produce eye what?...
The difficulty of the wall is not lacking ideas but do not know its extent
feasible. There are many people who succeed from those original ideas
ahead of society and specifically marked but not without a failure from
the initial idea fascinated but not feasible.
Each of us often has few ideas. This is not difficult driving . If for each
of several tens of minutes I believe that each of us can work out a few
ideas. There are also many more people they packed their idea to have
for sale.
2.Facility:
The establishment of the company to operate. You must have enough
capital infrastructure firm. This capital includes office systems work,
factories, if any, ware houses and equipment necessary for this place,
wire transfer production technology and of course cannot be shorthand
We all know that training in VietNam’s schools far from reality. Very
few students when the school wrote a text properly prescribed. This
resulted in the receipt of an entry in to the work of the enterprise must
train a lot with the training from the beginning. So, we have built a team
of highly qualified staff to meet work demands.
Which is one of the essential factors when establishing a business to
business can survive and grow. However, the small and medium
enterprises also encountered difficulties and obstacles, encountered
many problems in applying for funding. This major capital mobilized
from own capital, thanks to acquaintances or accessibility of the Bank.
But when met with the big contract, finding sources of capital to operate
the back at all is problematic, especially operating budget capital, high
interest rates and the prolonged procedures cause difficulties for the
business
3.Executive management:
The entire management, administration, logging inspect, persuade,
inspire, compromise for those who labour in your business. You manage
with diodes not? Pumper good? You staff has worked hard not? Have
not creative? Effective work?...If you do not or cannot do long
costhowif, go rent.
4. issues of human resources management:
Regulation and content regulation should set out to run all operations of
the company. Westerners have a manager that Vietnam should learn
from is considered workers as fact the partners because they are bound
by labour contracts .But some manager considered themselves as the
employees even worse is the maid. When choosing how to manage the
boss that they were lost. First the do not encourage the creativity, they
must bear all risk in their business operations.
5. Customer:
The last difficulty is also difficult to decide the success or failure of the
enterprise is key is finding customers. Our main customers are the
source of life of enterprise. So you have to maintain operational
apparatus of company before thinking breakout strategy for medium and
long term strategy. If you do not maintain the necessary
accommodations you can hardly achieve your wishes so should establish
marketing plan ahead.
6. Legal issues:
There are cases where customers themselves procedures established
companies but by not grasp the procedures leading to the establishment
prolonged to 6 months lose their business opportunities. When finished
establishment gets in problem areas not properly register business with
registered domains or sites not properly located with legal regulations to
avoid the hassle of legal procedures take time you need to dig forit.
7....Plan marketing:
applying marketing mix 4P: product, price, place, promotion; search
and learning strategies of the successful competitors; outlines the criteria
to evaluate the readiness of their…
8. Determiningthe company’s name, business location:
A company name or attractive and inspire not only enterprise-wide but
also an important foundation for building long-term brand. Based on
company size to select the business location accordingly. Managers need
to decide where the headquarters, offices, retail shops, factories,...
9. Other legal procedures:
Contract/agreement of incorporation is very important and necessary. It
will help determine the rights and obligations of each investor, avoid
unnecessary disputes; While business registration then also will be more
favorable; saving time, effort and money to the company can quickly put
into operation.
Additionally, the self-established businesses still encounter some other
difficulties as
Branding how to open people can learn about your business and
its products
• Outlet for products, consumer market is. This is where a problem
is quite enough for business owners
conclusion
•
