Simple And Easy Ways To Start Small Business

When one starts a new business, the most commonly asked question is how to start and how to go about doing it.

In this technology age, a lot of start up are business related to Artificial Intelligence,

the peopled who start this are mostly peopled who have knowledge of computer programming and tech geeks,

most of the times, these people may be able to create a good application, but whether they are able to run and manage the new start up is up to the promoter of the business.

I have come across a few of these peopled who can invent some good applications, program but running the company? that is totally a different story.

Most of the technology start up failed because the owners do not have the necessary knowledge to run the business.

Why do the new tech start up fail?

1. The owner is too engrossed in the program.

2. No proper business plan is prepared.

3. Business owner fail to identify the market for his creation.

1. The owner is too engrossed in the program.

A lot of owners of the technology companies like to spend their time in the programming of their product and they are very passionate about this.

Most of the time they will spend their time fine-tuning their product and trying to make it as perfect as possible,

Because of this, they neglect their main task, the task of getting their business operating.

2. No proper business plan is prepared.

Most of the new start up do not know a proper business plan is important.

A good business plan acts as a guide for any business and can provide the following:

a. It gives the business a direction.

b. With the plan, the business can focus on achieving the target set.

c. it outlines clearly the targets to be achieved.

d. Enable the business to prepare and be more organized.

3. Business owner fail to identify the market for his creation

Business owner sometimes fail to identify the market, they just create the app and then try to market it.

there are tech businessmen who created the app and then only want to find out how to market the app instead of creating something required by any industries.

What Should Technology Companies Do In Creating An APP?

Before any app is programmed, it is advisable that the technology firm take the following steps:

1. Find out what application is badly required by any business

2. Create the app specially tailor to the demand of certain industries.

3. Make sure the app is user-friendly.

4. How the APP can help the business?

5. Whether the APP help to improve efficiency and productivity.

Before a business man wants to market a new APP, he must know how his APP can help the business he is targeting to sell the APP .

How useful and how the APP is able to help any business is another thing always overlooked by the APP developers, they may just create an APP which is so generic and thinking one size fits all will do.

This is just some pointers for new start up to consider.

If you have any comments and feedback, please feel free to leave your comments below.