November 26, 2020
Hexavia Business Club
News Feed

8 Steps To Setting Up A Business

Our world is filled with people who either did and never thought, or the people who thought and never did.  Successful people think and do and here is how.

Okay, here we go!!!

1.Generate a Good Business Idea (this can either come from a passion/skill, an eureka! (one dramatic moment of a discovery, a Greek word for “I have Found it!”) or a need/opportunity).

2.Carry out a feasibility study on that idea (understanding the SWOT and PESTEL in relation to you and the host environment). The Feasibility Study can be either in the areas of Market, Product, Finance and Mgt feasibility studies).

3.Draft a Business Plan

4.Source for Funds (through Private Savings, Loan and Equity Financing (Investor). Borrowing can come from a friend/family, loan from a bank, from a trust fund, community or a pool (crowd funding))

5. Determine the ownership structure, team and management .

6. Formerly register and incorporate the business  with CAC in line with Federal Govt and CAMA of 1990.

5.  Engage in the Product Development and Branding.

6. Carry out Product Testing, “Freemiums” and Launch.

7. //DELETED//

8.//DELETED//PropertyofTheHexavianMasterclass//

IMG_789326

I hope this helped. Welcome to class..

Eizu Uwaoma
For : TheHexavianMasterclass

‪#‎HexavianMasterClass‬ is a full day intensive class on Business, Brand, Strategy and Mgt. After it, you join the alumni, a rich network of the most powerful minds in Lagos, Abj, PH and diaspora, it’s called TheHexavianBusinessClub.

IMG_789321

Ping to get the next Saturday dates, discounts and details

BBPIN2B1A0D1B, 08035202891,
www.hexavia.net
©Eizu, Hexavia!
If you knew better, you’d do better.
Start 2016 by investing in it. ‪#‎Hexavia‬ !

Be of value. Repost if you find useful.

Join HBC

Not already a member? Join HBC here.

Related posts

The Economy of Umuofia, as told by Chinua Achebe (1930–2013)

admin

How They Started. Innovative Nigerian Brands. (iROKO TV)

admin

Hexavian Laws of Business (Law 1) Purpose

admin

1 comment

victor bella December 22, 2015 at 8:26 pm

Nice one

Reply

Leave a Comment

7 − 4 =

Will you like to get free business tips and to join our HBC?

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

Hexavia Business Club will use the information you provide on this form to be in touch with you and to provide updates and marketing.