Published Jun 17, 2021
4 mins read
889 words
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Money-Making
Business
Job and Career

Small Businesses: The Demand Of Era

Published Jun 17, 2021
4 mins read
889 words

   I am a strong admirer of business conceptualisation. I have altogether made up my mind to start my working career in some business activity. I regret not putting this idea into reality yet. Fundamentally I am fascinated by the idea of functioning by yourself, for yourself. A niche where you work on your own without being authorized by anybody. Inarguably business requires a lot of sweat to put in.

    Your business does not have to huge at first. You cannot expect it to be that way. You are ought to start small. Businesses are established from scratch. Everything right from the idea of what the business can get you maximum earnings needs to be projected. But once you build a strong foundation you do not need to concern for the future because the business itself will take care of the rest. In this pandemic, we've seen almost every second person has started a small business and are now incredibly successful in less than a year. Small businesses can be of any kind the most common ones I've come across are bakery business, thrift business, artistic business, handy craft business,  photography/videography business, personal trainer, blogging, starting a YouTube channel and so on. There are innumerable small businesses that emerged due to the covid crisis.

    Some people look up to the job as an idle source of income whereas other people choose a business over a job as a profession. Everyone's definition of vocation is different from another. Hence I will be signifying my point of view on the Business. Because the requirements of setting up a business are several and require a heap of money for capital with no fixed income in the future, many people are anxious about starting a business and are deprived of great opportunities. On the other hand, a job has a sense of security with regular income and invariably cash inflows majority of people opt for a job.

Most people have set the idea of businesses incorrectly in their minds. So let's clear some myths people have regarding businesses in detail.

1. Businesses require plenty of investment- This is the most common myth several people have regarding business. Small businesses do not require a large sum. You can start with any minimum amount. Even with an investment of 100 Rs people have started their business and are now successful. Research about the type of business you wish to establish and act accordingly.

2. You need to have a business degree or lots of experience to start your own business- Education has nothing to do with business and I mean it. Just understanding the basics of business is sufficient for you to start. Getting a degree or a lot of experience is not at all necessary.

3. You need to employ staff to launch your own business- As small businesses are performed on a small scale they can be run efficiently by a single owner. You do not have to employ staff in your small business, it can be performed by your family members as well. There is no requirement to put the additional cost in employing staff.

4. You can’t start your business while having a full-time job- You can manage your business while taking care of your other activities as well. Your business should be your passive income till the time it expands. So you can work on all the other things and expand the business simultaneously.

5. It takes a long time to launch your own business- once you are clear with what type of business you want to engage in you're halfway there. Small Businesses do not take more time, unlike big firms. Plan everything well map things adequately and then you are good to go.

   There are numerous perks of Owning a Small Business let us have a look at some of them.

Being the sole entrepreneur of the business your profit needs no sharing. You enjoy all the profit you make. Knowing the job market today is unstable and how difficult it is to find the job you admire it is always advisable to own a business over which you can have your control. You are your boss. You are not answerable to any outsider. You can manage the business by the terms and conditions you choose. In the pandemic, the only business unaffected by covid are the small businesses because they are operated from home on a small scale with minimum expenses. The strong network of social media has helped countless people to grow their businesses through social media marketing.

Let's finally discuss how you can initiate your idea in the first place.

You can start by opening a website for your business. You can there post all the relevant information about the different products in which you will be dealing. Else you can start a Facebook or Instagram page and do the same. This will offer a tremendous boost for your business because these are the most socially active media where you can reach a large audience without spending much. And this is how you bring your business to people's attention. You have to deal with a few hardships along the way but that is what achievement is about. Keep hustling till you achieve the things you aimed for.

#moneymaking
#career
#business
#small business idea
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royanupam033 6/17/21, 6:12 PM
Good job keep it up folow me for folow back and read mine too dear
sumitsing 6/18/21, 4:28 AM
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sanket.sawadkar 6/18/21, 6:06 AM
It was nicely written! Great workπŸ‘
arjun.kumbhar 6/18/21, 7:54 AM
πŸ˜πŸ‘πŸ‘πŸ‘
prathamesh_kumbhar 6/18/21, 11:10 AM
Really Motivating πŸ™ŒπŸ™ŒπŸ™Œ

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