HOW TO START A NEW BUSINESS
Many people want to a business, but they don’t know how to start and make a perfect business plan which leads to success. Starting a new business from scratch can be tricky, but everything can be done when the right strategies and steps would be taken. If you have an investment and desire to have your own business you are in the right place. Today you’ll get to know about some basic steps and plan you need to make before starting a business.
SETTING OUT THE BASICS
- Have an Idea
- Define your Goals
- Create a Brand Name
- Make your Trusted team & remember to choose wisely.
WRITING A BUSINESS PLAN
- The First step before starting a business is to make a solid business plan consisting of 5 yeas plans.
- Come up with an executive summary
- Write your business description
- Do a competitive analysis
- Write down your development plan
- Come up with excellent marketing strategies
- Plan your operations and manage finances
COVERING THE LEGAL SIDE
- Consider finding abest TAX legal Consultant like WAYSTAX
- Registered your company Name
- Registered a best form of Company
- Get your NTN Formation
- Open your Business Bank Account
- Registered Sale tax
- Manage your taxes and pay your taxes on time to save extra money
- IT & ITES Companies can register in Pakistan Export Software Board (PSEB) to avail Tax exemptions.
MANAGE YOUR FINANCES
- Cover your startup cost
- Have more than the minimum
- Pinch those pennies
- Crunch some numbers and plan ahead
- Always keep an eye on competitors and manage accordingly.
MARKETING YOUR BUSINESS
- Get a Website
- Hire marketing Professionals
- Discover your inner publicist
- Spend time developing an excellent social media presence and implement your marketing and distribution plans
LAUNCHING YOUR BUSINESS
- Secure a Name
- Build your product or develop your service or Launch your Product or Service.
About WaysTax Pakistan’s Leading Tax Consulting Agency with Prominent clientele. Catering everybody from individuals and startups to Companies and Freelancers for Tax & Company registrations.
