1. What is a business? What do we mean by business?

1. What is a business? What do we mean by business?
In fact, there is a lot of information about the business and it is possible to read, learn and not finish it. Of course, there are some exceptions. In short, we can look at business as a systematic method of earning money, that is, of personal development. An example of this is self-expression. Not everyone is an entrepreneur, some are good at creating a good product, some are good at providing a good service, that is, there are people born with such abilities that they call talent, etc. In a broader sense, business is simply a service. people. With what? Whatever it is, there is no difference with the product, with the service. Now you may ask, what is the purpose? It's just to make money. You serve and their grace is money. In short, these are understood.
2. What to do to start a business?
First of all, you need to have an idea and lose the fear of it. No one can arrest the entrepreneur, he can impose a fine. I mean, why? For example, you cannot pay taxes. Therefore, you should open it as soon as you dare. Whether you know it well, whether you have enough knowledge or experience, don't let anything stand in your way. First of all, make a business plan, not for the bank, but if you ask for a loan, that's another matter. And how to do it for yourself?
1. What do you want to sell?
2. How much do you want to sell for?
3. How much will it cost you?
4. And what is the price of this product in your competition?
Only when you find answers to these questions will you reach the starting point and open a business.
3. When to start a business?
When does one aim to start? When a favorable situation arises, he waits for it. People think that if they have time, they will do business. But usually such cases never come. In fact, the business begins when it is in a very difficult situation. In such situations, a person tends to procrastinate a lot. It reaches such a level that there is no income, he falls into a difficult situation, he is forced to engage in entrepreneurship, and then he starts earning. That is, he faces some obstacles and then starts a business. There is no other way, but a rich man's child or something else. As some people gain knowledge, their interest in business increases and it motivates them. It will be easy for them to open a business. In addition, people around me who are engaged in entrepreneurship can easily engage in entrepreneurship, the reason is simple, after evaluating the situation, they come to the conclusion that I can do it too. Usually, such people have more experience.

4. Can you give advice on how to avoid bankruptcy of a business?

There are many tips for avoiding bankruptcy. I will give you 5 tips based on my experience, outlook and different situations I have learned so far; Don't try to start in an area you don't understand first. In such a situation, it is natural that you will encounter unexpected and unexpected obstacles. Second, don't start a business with credit or debt. In general, debt itself is not a good thing. The third is caliber, that is, a person's frame of mind, the ability to withstand stress, the ability to endure, the mental experience to solve problems, and the existence of a team. Fourth, allocate your money properly. You should always work on yourself so that the business does not go bankrupt. The fifth is to make long-term plans. So don't buy your future life goal today