12 Tips to become a prosperous startup? - www.ubcircle.org

Subscribe as amember @ www.ubcircle.org

1. Choose a wise and demanding business which is fascinating to you.

2. Make sure what to sell in the market.

3. Do a competitive market analysis.

4. Arrange the required funds to get started.

5. Start on a small scale before stepping into large scale.

6. Draft a well-prepared business model and business plan.

7. Build an enthusiastic Management team.

8. Build a marketing strategy based on the business plan.

9. Try to solve market-related issues.

10. Keep the statuary and legal documents well maintained.

11. Regularly track the cashflow and accounts.

12. Always re-engineer your process to use optimized resources.